DealerPolicy announced a $30 million round of Series B funding on Tuesday, which the company plans to use for developing its insurance marketplace serving the auto retail business as well as expanding its team. The latter includes the addition of a president and chief operating as well as a senior vice president of sales. Named president and […] [Read More]

On the heels of introducing a solution aimed to turn high volumes of industry information into easy-to-understand, actionable insights for dealers, OEMs and third-party software developers, CDK Global on Monday completed the acquisition of Austin, Texas-based Square Root for an undisclosed amount. The acquisition is viewed as an accelerator for Neuron, which CDK says can […] [Read More]

Ally Financial again is organizing support for a variety of initiatives now that Black History Month is underway, saying that access to careers with long-term growth potential is still not equal for everyone. To address this inequity, the company announced on Tuesday more than $1.3 million in scholarships and programs to open new pathways for […] [Read More]

Manheim has appointed two new general managers and promoted three leaders into auction management positions, with one of the promotions a new vice president and general manager for its third-largest auction location. “Manheim is tapping the broad knowledge and experience of this talented team of leaders to help position our company for future success,” said Patrick […] [Read More]

The 2021 autoTRADER.ca Awards were announced Monday, honoring new vehicles across 22 categories, including three “Best Overall” nods. Starting at the top, the Best Overall Car award went to the Genesis G70, while the Best Overall SUV honors went to the Volvo XC40 and the Best Overall Truck award was the Ram 1500. Among the […] [Read More]

Despite recent changes in the lien sale laws, fraud by repair shops in south Florida continues. Some repair shops ignore the law with impunity. We believe involving the police and moving more aggressively toward fraudulent shop owners will send a message to the shops, and perhaps slow down “lien sale piracy.” We recently sought the […] [Read More]

Hellosafe.ca chief director Antoine Fruchard released findings on Tuesday stemming from a study about vehicles stolen in 2019 developed using data published by Statistics Canada and the Insurance Bureau of Canada (IBC). Along with determining which provinces had the most and least thefts, Fruchard’s report generated by the online platform that can allow consumers to […] [Read More]

For the first time, America’s Car-Mart president and chief executive officer Jeff Williams joined the Auto Remarketing Podcast. Williams highlighted how well the chain of buy-here, pay-here dealerships has pivoted its operations to meet protocols triggered by the pandemic as well as how the company is planning to celebrate its 40th anniversary later this year. […] [Read More]

To the outside observer, it would seem the role of chief marketing officer is largely focused on building and/or maintaining that entity’s brand as well as overseeing the promotion of its goods and services through advertising and other means. But for Michelle Denogean, the CMO at Roadster, the job has an additional, unique responsibility: heading […] [Read More]

Asbury Automotive Group announced Monday it appointed longtime Toyota executive William Fay to its board of directors. The appointment of Fay was effective Thursday. Asbury chief executive officer David Hult said the appointment of Fay could place Asbury in a stronger position to execute on its five-year strategic plan that the company released in December. Fay, who spent more […] [Read More]