Holman Enterprises, which is a global automotive services organization, has named Chris Conroy president and chief operating officer, while also announcing several additional leadership changes that it said will support its “continued evolution” and further align its automotive core competencies. Holman said Brian Bates will continue to lead the organization’s retail division, Holman Automotive. The company said […] [Read More]

Vince Sheehy says that during the current COVID-19 pandemic, staying well through heart-healthy diets and exercise is more important than ever. “Our partnership with the American Heart Association enables them to continue their great work and community support,” said Sheehy, who is president of Sheehy Auto Stores, in a news release. Regarding that partnership, Sheehy […] [Read More]

While Equifax gave a snapshot of the new leases booked during one week in September, Swapalease.com reported how many lease-transfer approval came during the entire month. Turns out, Swapalease found that September posted one of the highest approval rates of the years as site officials pegged it at 67.6%, a slight increase from the August […] [Read More]

Instant wholesale vehicle trading platform CarOffer has named automotive logistics and services company ACERTUS as its exclusive transportation provider, stating that ACERTUS will support CarOffer’s mission to help dealers trade, source, purchase and move used inventory faster. ACERTUS executive vice president of global operations Jeremy Cope said in a news release that his company appreciates […] [Read More]

Equifax recently offered a week-long snapshot of auto financing originated during the middle of September, revealing the amount of subprime financing providers are booking. According to Equifax estimates during the week of Sept. 13, the industry generated 14,100 retail installment contracts and leases, totaling $401.8 million. Of that amount, analysts determined 1,400 contracts and leases […] [Read More]

APCO Holdings recently made it to a prestigious list of successful companies for the fifth time. The administrator of automotive F&I products and home to the EasyCare, GWC Warranty and MemberCare brands was named one of the 2020 Best and Brightest Companies to Work for in the Nation for the fifth time. Determined by an […] [Read More]

With a dealership offering tools for online payments, trade-in and financing still being greatly wanted by consumers, TrueCar’s latest shopper study also growing concern about individuals being able to afford their purchase. On Monday, TrueCar released the fifth wave of its study into the impact of the pandemic on vehicle shopping and vehicle shoppers’ needs, […] [Read More]

With an eye on growth in the cloud and beyond, Equifax on Friday named Sunil Bindal as senior vice president of corporate development, effective immediately. In this critical role, the company said Bindal will report to Equifax chief executive officer Mark Begor and serve on its global senior leadership team. An established leader in mergers […] [Read More]

In a positive sign for Canada’s used-car market, at least two automakers are reporting record certified pre-owned sales. Mercedes-Benz Canada, for example, had record CPO sales in July, August and September, the company said when reporting quarterly sales results. It also hit record CPO penetration rates during each of these months. Mercedes-Benz moved 4,119 certified […] [Read More]

NADA Show 2021 is going virtual. The National Automobile Dealers Association announced Monday that its annual convention and expo, previously scheduled for January in New Orleans, is moving online and will run Feb. 9-11. “Dealers are both incredibly resilient and incredibly optimistic. Their resiliency has been proven time and again this year. So too has […] [Read More]