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NewsAugust 27, 2014

Cox Automotive Announces Leadership Changes

Manheim’s former regional vice president of West Regional Operations, Rock Anderson, will take on the role of senior vice president and chief people officer, effective immediately. Barry Roop, Manheim’s market vice president for the Texas Market, will assume Anderson’s previous role.

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NewsAugust 27, 2014

Digital Air Strike Makes Fastest Growing Company List

Inc. Magazine named the reputation management firm to its Top 5000 Fastest-Growing Private Companies list in the advertising and marketing category. The company was No. 1 in revenue and No. 5 in growth for Arizona-based companies.

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NewsAugust 26, 2014

N.J. Dealer Pleads Guilty to Selling Cars Damaged in Superstorm Sandy

A dealer who acquired clean titles for flood-damaged cars he bought at auction faces up to three years in prison. He must also reimburse the customers who purchased the seven vehicles.

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NewsAugust 26, 2014

USEA Surpasses $1.3 Billion in Loan Payment Transmissions

US Equity Advantage has transmitted more than $1.3 billion in loan payments for its members, while maintaining compliance with the money transmitter requirements related to licensing and bonding in all 50 states.

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NewsAugust 26, 2014

Auto/Mate to Host First User Summit

The company will host its first annual User Summit in Albany, N.Y., on Sept. 19. More than sixty dealers and managers are slated to attend, where they will learn about the newest features of Auto/Mate’s DMS and the best practices associated with implementing new technology.

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NewsAugust 26, 2014

Equifax Sees No Evidence of Subprime Auto Bubble

A monthly report from the firm shows that subprime auto lending has been fairly stable since 2012, and that originations have been shifting toward the higher end of the subprime credit-score spectrum, despite reports of an imminent ‘bubble’ in subprime lending.

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NewsAugust 26, 2014

U.S. Sales Per Store to Reach All-Time High, Urban Science Reports

The average number of sales per dealership in the United States is on track to hit an all-time record of 904 units based on vehicle sales of 16.2 million, according to a new report from Urban Science.

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NewsAugust 20, 2014

NADA Supports NHTSA's New VIN-Searchable Recall Database

The association’s chairman, Forrest McConnell, issued a statement today in support of the National Highway Traffic Safety Administration’s new Vehicle Identification Number (VIN) look-up tool for vehicle recall information.

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NewsAugust 20, 2014

Mobile App Users Visit Service Departments More Often, Study Shows

New research from DMEautomotive shows that customers who download a dealership’s mobile app are much more likely to visit the service department. Six months after downloading the app, user visits increased by 25%.

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NewsAugust 20, 2014

Carfax, Honda Extend Decade-Long Relationship

Carfax will continue to be a provider of vehicle history information for Honda's and Acura's certified pre-owned vehicle programs. For the past 10 years, Carfax Vehicle History Reports have been a key component in the certification process, officials said.

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