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Newsby StaffNovember 4, 2019

Evolution Vehicle Protection by Dent Wizard Brings NOLA’s Jan Marie and the Mean Reds to Industry Summit

Evolution Vehicle Protection by Dent Wizard will host emerging New Orleans songstress Jan Marie and her band at tonight’s welcome reception.

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Newsby StaffNovember 4, 2019

Used Trucks Lost More Value Than Sedans in October

Black Book’s latest Used Vehicle Retention Index report shows retained values for light trucks declined at a faster rate than many car segments.

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Newsby StaffNovember 4, 2019

Maybee Named President of NextGear Capital

Ten-year auto finance veteran Scott Maybee has been named president of NextGear Capital after serving as general manager of Manheim Northstar Minnesota.

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Newsby StaffNovember 2, 2019

Average New Vehicle Prices Up Nearly 3% in October

Kelley Blue Book analysts say the average new vehicle transaction climbed to $38,259 in October, a slight decline from the prior month but 2.9% higher than a year ago.

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Newsby StaffNovember 2, 2019

Mezen Adds Reddin to F&I Development Team

Former Walser Automotive Group executive Amber Reddin has joined Mezen Dealer Services as an F&I development manager.

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Newsby StaffOctober 29, 2019

25 Porsche Dealers Pilot Online Sales and F&I Platform

A group of U.S. Porsche dealers is piloting the German factory’s first-ever online sales and financing option, designed to limit the customer’s dealership experience to final signatures and delivery.

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Newsby StaffOctober 28, 2019

Capps Officially Promoted to Manheim Sales Leader

Cox Automotive announced the promotion of Holly Capps to senior vice president of Manheim sales, where is she is expected to prioritize a stronger alignment among sales teams.

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Newsby StaffOctober 28, 2019

TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

TechCrunch reports Fair CFO Tyler Painter, brother of CEO Scott Painter, and 40% of the vehicle subscription service’s staff have been let go. The moves cast doubt on the disruptor’s viability in an increasingly inhospitable startup market.

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Newsby StaffOctober 25, 2019

NADA: Franchised Dealership Payrolls Up Nearly 2%

Wages continue to rise for workers at U.S. new car dealerships, who earned an average of $72,800 in 2018, according to a midyear NADA Data report.

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Newsby StaffOctober 25, 2019

Axiom Debuts Suite of RV Products

Axiom announced the launch of Revolution RV, a new suite of protection products specifically designed for the recreational vehicle market.

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