The Blue Oval is providing a safety net for individuals who are considering a certified pre-owned vehicle, as well as a used or new model, and financing the deal through its captive. In light of the unsettled economy impacted by COVID-19, Ford on Monday announced a program dubbed Ford Promise that gives consumers the option […] [Read More]

Tricolor is looking to shore up its endeavors to meet state and federal regulatory standards by hiring a chief compliance officer. On Tuesday, the used-vehicle retailer with locations in California and Texas focusing on the sale and financing of vehicles to Hispanic customers announced that has it named veteran compliance executive Stacie Trier to this […] [Read More]

More reaction rolled in stemming from Monday’s Supreme Court decision involving the Consumer Financial Protection Bureau. While some legal experts are pondering long-term ramifications of the decision, nearly half of the attorneys general in the U.S. celebrated because the Supreme Court also agreed with the argument made in a multistate amicus brief connected to how […] [Read More]

IAA reinforced its international operations in a pair of ways this week. First, Impact Auto Auction, the Canadian business unit of IAA announced the availability of Impact 360 View, what the company described as an innovative imaging technology that can allow online vehicle buyers a 360-dgree viewing experience of a vehicle’s exterior and interior. Then, […] [Read More]

In the face of disruption, be empathetic, patient, and open-minded – it will be better one day! I wanted to take a few moments and look back at the last two economic shocks I've experienced in my automotive career. It’s these experiences that can make us stronger and more resilient if we seek to embrace […] [Read More]

The wholesale vehicle market has reached a positive milestone in June, and this particular one had not occurred in more than three months. According to the Used Market Update released by J.D. Power on Thursday, there were approximately 110,000 units sold at auction the week ending June 21, meaning each of the first three weeks […] [Read More]

The Consumer Financial Protection Bureau still exists even after a noteworthy Supreme Court decision arrived on Monday involving its director. However, the handwringing about how the agency operates and can wield its regulatory influence over auto finance and other segments of financial services appears likely to continue for some time. Via a 5-4 decision, the […] [Read More]

In this episode of the Auto Remarketing Podcast, Zubie chief executive officer Gary Tucker talks with senior editor Joe Overby about the pandemic's impact to fleet and rental markets, as well as trends in connectivity, shared mobility and much more. Plus, Tucker explains the upgrades in the Zubie user experience, new partnerships for the company and connectivity's […] [Read More]

Continuing a string of recent announcements involving technology providers and franchised dealership websites, DealerSocket on Monday highlighted its enhanced relationship with Honda. DealerSocket said its DealerFire website platform earned acceptance into the Honda Dealer Website Solutions Certified Program. This certification means DealerSocket’s DealerFire website platform is immediately available to Honda’s approximately 1,000 U.S. dealers. The […] [Read More]

COVID-19 forced Manheim Pennsylvania to postpone its 75th anniversary activities, so Manheim’s flagship auction location found another reason to celebrate. In a news release distributed late last week, Manheim highlighted record vehicle demand from dealers in June resulted in the Keystone State location selling more than 8,200 of the approximately 10,000 vehicles offered for sale […] [Read More]