Buy-here, pay-here operators near Atlanta who need resources to get their inventory to stand tall on the front line now have another person to call thanks to Total Car Franchising Corp. The franchisor of Colors on Parade and CarLove mobile automotive paint and dent repair announced on Wednesday the opening of its newest franchise unit […] [Read More]

While a portion of commercial filings made a note rise year-over-year, data provided by Epiq Bankruptcy showed that the overall bankruptcy total in May actually dropped by double digits compared to a year ago. The firm reported total bankruptcy filings came in at … [Read More]

Former Santander and Capital One executive Josh Baer now is president of AutoFi, according to a company announcement made on Thursday. The digital automotive commerce platform said this key hire follows a March development when the company landed $85 million in funding to accelerate its growth. “Bringing finance innovation to the auto ecosystem is a […] [Read More]

Amy Martin, who is sector lead and senior director S&P Global Ratings, is a fixture at the Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association. Before Martin made her way back on the conference stage, she spent some time with Cherokee Media Group senior editor Nick Zulovich for this episode of the […] [Read More]

If you’re waiting for used-car prices to come down any time soon, don’t hold your breath. Given market dynamics — like reduced vehicle availability, competition in the auction lanes and consumers still buying cars but keeping their current rides — J.D. Power Valuation Services director of market intelligence David Paris says … [Read More]

When InsightLPR unveiled its five-person executive team last month, the technology company providing proprietary license plate recognition (LPR) software, hardware and data products to help companies increase their value said it would be rolling out its solutions at the North American Repossessors Summit, which is set to start in three weeks in Denver. A news […] [Read More]

As overall wholesale prices gained another 0.11% last week, the newest installment of Black Book’s Market Insights began with analysts focused on two vehicle segments that often attract the most buyer attention. Black Book said full-size trucks and compact cars have been “catching our eye in recent weeks … for their pricing movements are now […] [Read More]

J.D. Power made an assertion that might frustrate service advisors and managers at franchised dealerships. Based on the J.D. Power 2022 U.S. Aftermarket Service Index (ASI) Study, vehicle owners say the ease of doing business with an aftermarket service facility is a key reason they choose them rather than a franchised dealer for some types […] [Read More]

Fuccillo Automotive Group has sold its Fuccillo Kia of Clermont dealership in the Orlando, Fla.-area to Florida-based Morgan Automotive Group, according to a news release from Kerrigan Advisors, which represented Fuccillo in the sale. Morgan Automotive Group has 53 Florida dealerships throughout Tampa, Gainesville, Ocala, Lake City, Jacksonville, Sarasota, Naples, Fort Myers, Brandon, New Port […] [Read More]

The National Automotive Finance Association solidified its board of directors and voted in two new members last week during its 26th annual Non-Prime Auto Financing Conference in Plano, Texas. The NAF Association announced that Paul Gillespie, who is senior vice president of dealer services at AmeriCredit, will serve another one-year term as president. The organization […] [Read More]