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For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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ACV Auctions won a gold award in the 2018 Stevie Awards for Great Employers.
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ENGINE 6 is an upgraded website builder tool offering drag-and-drop functionality to eliminate the need for coding. It's optimized for mobile and features a multi-device preview mode. The website platform is being initially offered to independent and BHPH dealers.
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The FTC issued a reminder that, starting today, consumers can freeze their credit and place one-year fraud alerts for free under the new Economic Growth, Regulatory Relief, and Consumer Protection Act.
Read More →Responding to dealer feedback, the Cox Automotive brand has added a 30-day return option to its DS360 wholesale risk management offering. The guarantee is now available at 100 auction sites, guaranteeing 1.3 million vehicles.
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Las Vegas’ Mandalay Bay Resort will be the site of a Barrett Jackson auction of vehicles personally owned by late actor Burt Reynolds.
Read More →Dennis Maurer has joined F&I Administration Solutions as the company’s new director of F&I retail solutions.
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The operators of websites that sold fake pay stubs and other financial documents have agreed to permanently shut down their business as part of separate settlements with the Federal Trade Commission, the regulator announced this week.
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Software provider DealerBuilt agreed to implement security protocols to settle an investigation into a data breach that exposed the personal information of customers and employees at more than 100 dealerships nationwide.
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Spireon announced the addition of several new, dealer group-friendly features to its signature connected-vehicle solutions.
Read More →The company continues to hire support staff to meet the needs of dealers and has invested millions in technology improvements, officials announced this week.
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