It’s like the old proverb, “a bird in the hand is worth two in the bush.” Or to put it in automotive parlance, that late-model car a consumer can get their hands on now could be worth more to them than a new version of the same model, holed up in production delays or lack of […] [Read More]

J.D. Power and JM&A Group are leveraging their collective finance-industry knowledge, forming a strategic alliance to develop jointly branded F&I products and services for auto dealers and buyers nationwide. Focused initially on a suite of warranties and service contracts designed to support the growth of vehicle sales, the two companies said in a news release […] [Read More]

Nortridge Software wants to grow so the company created a new position for an executive who has been with the company for 18 years. This week, Nortridge announced that Bret Davis will fill the newly created role of chief product officer, giving him the reigns to make daily product decisions for the Nortridge Loan System. […] [Read More]

Buy-here, pay-here industry advisor Gene Daughtry has seen plenty of vehicles that were in need of some serious TLC before being ready to retail. Sometimes, instead of replacing an engine or transmission — or just send off the vehicle to be scrapped — Daughtry used products offered by JilCat Proline. Now the company’s line of […] [Read More]

In this episode of the Auto Remarketing Podcast, we take a road trip. Well, more like a road race. Kristin Slanina and Mike Landau join the show to talk about the upcoming "Charge Across America" event, which they said will be the first-ever cross-country electric vehicle race. The race will run from Oct. 31 through […] [Read More]

A new chairman for the association representing car dealers in the Big Apple, a San Antonio dealer group using the Texas sun for energy and a Pennsylvania group adds to its store count. Those are among the latest movements among dealer groups this week. Starting with the Greater New York Automobile Dealers Association, the group […] [Read More]

While wholesale vehicle prices in Canada were still up last week, the rate of increase eased, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. [Read More]

Used-car managers now have another tool to check if that vehicle they’re about to take as a trade-in has an open recall. On Thursday, the National Highway Traffic Safety Administration (NHTSA) unveiled a new cloud-based recall dashboard designed to make searching for auto safety recall data easy and efficient. NHTSA highlighted the dashboard offers user-friendly […] [Read More]

Grab extra writing utensils and paper or make sure your tablet is fully charged. The National Independent Automobile Dealer Association said the agenda is set for the 75th annual NIADA Convention and Expo. Featuring more than 60 education sessions presented in four tracks as well as networking, special events, awards ceremonies and dedicated time for […] [Read More]

Finance companies appear to be mitigating some risk amid soaring vehicle prices, asking dealerships to collect more in down payments from consumers before the contract enters a portfolio. The second-quarter data compiled by Edmunds seems to reinforce that potential scenario, especially within the used market that established a new record in the firm’s database. [Read More]