Accident history is the No. 1 thing used-car shoppers look for in a vehicle’s history, according to CARFAX. The company said that although Americans are driving less because of the COVID pandemic, and accidents were down in the second half of last year, car dealers should know whether a vehicle has sustained damage. “Otherwise they […] [Read More]

As automotive shoppers move more of their buying process online, it is important to understand their identity throughout the entire car-buying journey to provide a more personalized shopping experience that provides more confidence to dealers and lenders about who their customer is online. As customer interactions move online in record numbers, dealers and lenders are […] [Read More]

Primeritus Financial Services handed remarketing responsibilities this week to an executive with more than 20 years of industry experience, most of it with a large commercial bank. The forwarding company that provides recovery management, skip-tracing and remarketing services to the auto finance and insurance industries announced that Jason Herman is senior vice president of remarketing […] [Read More]

Former defi SOLUTIONS chief executive and award-winning entrepreneur Stephanie Alsbrooks Hanson is embarking on her next foray within auto financing. On Wednesday, Tricolor — a tech-enabled Community Development Financial Institution (CDFI) and one of the nation’s largest used-vehicle retailers that caters to Hispanic consumers — named Hanson as president of newly formed Tricolor Financial. As part of […] [Read More]

Accuity already was part of the LexisNexis Risk Solutions group of companies, but executives recently announced they are merging operations in an effort to focus their resources in the global financial crime compliance sector with complementary solutions. Already operating in more than 100 countries, Accuity and LexisNexis Risk Solutions highlighted four potential benefits of their […] [Read More]

Pete MacInnis came back for another podcast episode to recap not only what dealerships have learned about digital retailing from pandemic, but also how eLEND Solutions found ways to generate year-over-year gains while COVID-19 impacted the automotive industry. To listen to this episode, click on the link available below, or visit the Auto Remarketing Podcast page.  Download […] [Read More]

Just like the dealers he serves, Brent Carmichael found ways to adapt. The 20 group moderator, consultant and instructor with NCM Associates joined the podcast to describe how dealer gatherings have continued to be beneficial despite the pandemic creating restrictions on travel and indoor assembling. To listen to this episode, click on the link available below, […] [Read More]

Agora Data chief executive officer Steve Burke returned for another podcast appearance to discuss two of his passions: buy-here, pay-here dealerships and helping them get the capital they need to be successful. The conversation came after the company rolled out its latest credit offering and found a way for BHPH operators to tap into the […] [Read More]

Sonic Automotive continues to expand its standalone used-car program, announcing Tuesday it has opened an EchoPark Automotive location in the Phoenix suburbs. The store, located in Avondale, Ariz., is Sonic’s 19th EchoPark location. On Friday, the retailer said it brought two Used Car King locations in New York State into the Echo Park fold, putting […] [Read More]

In his new role as national project director for Dent Wizard International, Mike Shaw will focus on the management and growth of Dent Wizard’s WTD — or Wheel, Tires and Dent — program. Dent Wizard, a provider of vehicle reconditioning and protection services, launched the WTD program last year. The company’s senior vice president of […] [Read More]