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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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Black Book’s new inventory recommendation solution was designed to help dealers identify desirable auction units.
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SNH Capital Partners revealed today it has acquired ProMax for an undisclosed amount, a transaction the automotive software provider's founder hinted at in a social media post two weeks ago.
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Chicago-area dealers are throwing their support behind a new registered apprenticeship program that includes real-world training in auto retail, F&I, accounting, fixed ops, and wholesaling.
Read More →The promotions will help the organization focus on continued growth and product development, officials said.
Read More →Under the new partnership, automotive dealers will be immediately alerted through Mobile Sales Solutions’ Vin-Up portable scanner and printer to a vehicle’s latest Black Book value when it's dropped off for service, enabling better resale opportunities with their service customers.
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Johan De Nysschen has left the company to pursue other interests. The news comes nearly four years after he was named head of General Motors’ luxury brand.
Read More →Established technology advisor and early LotLinx investor brings years of AI and data-driven experience to the company.
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NADAguides.com now features J.D. Power's quality, reliability and performance ratings, and reviews. The planned site enhancements occur just eight months after J.D. Power acquired NADAguides.com.
Read More →Smart Business magazines has named National Automotive Experts (NAE)/NWAN among its Smart Culture award honorees for 2018.
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Wells Fargo has consented to pay federal regulators $1 billion to settle charges pertaining to sales of automotive collateral protection insurance and mortgage interest rate-lock extensions.
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