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News•December 15, 2015

TransUnion: Average Auto Balances to Rise in 2016, Delinquencies to Remain Flat

TransUnion expects the average auto loan debt per borrower to increase to $18,509 by the end of 2016, a more than $3,500 increase since the Great Recession. The firm noted, however, that subprime auto loans still make up less than the 23.7% share recorded in the third quarter 2009.

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News•December 14, 2015

KAR Auction Services Hires Vice President of Total Rewards and Human Resources

KAR Auction Services has hired Toby Hahn as vice president of total rewards and promoted Brad Jokovich to vice president of human resources.

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News•December 10, 2015

Dealer Group to Build State-of-the-Art Showrooms on New York City's Auto Row

BNF Automotive Group has signed a 25-year lease for 265,000 square feet of space in the heart of New York City's Auto Row to build showrooms and service facilities for Jaguar Land Rover Manhattan, Infiniti of Manhattan and Nissan of Manhattan.

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News•December 10, 2015

Subaru Breaks Ground on New Headquarters

The new facility is expected to more than double the size of the company's previous headquarters and spur economic growth in the region.

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News•December 10, 2015

Ally Gains eContracting Capabilities Through RouteOne

Ally Financial is the latest finance source to add full econtracting capabilities, including electronic contract validation, signature and distribution, through RouteOne's indirect auto finance platform.

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Articles•by Brittany-Marie Swanson•December 9, 2015

Out of the Box

Panelists and presenters at Industry Summit 2015 tackled online automotive retailing and what it means to move F&I out of the box and into the Digital Age.

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Articles•Cover Story•December 9, 2015

The Year Ahead: Part One

Dealer operations expert puts 2015 in the rearview mirror and identifies trends in sales, compliance and recalls that will affect dealers in 2016.

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News•December 9, 2015

KAR CFO Named CFO of the Year Award

KAR Auction Services' Eric Loughmiller was named the Indianapolis Business Journal’s 2015 CFO of the Year award in the public companies category, the firm announced this week

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News•December 8, 2015

DriveItNow Integrates With GoMoto’s Customer Experience Platform

DriveItNow will integrate its online prequalified monthly payment technology into GoMoto’s mobile kiosk technology. Dealers using the GoMoto platform will be able to deliver personalized monthly finance and lease payment offers to in-store shoppers.

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News•December 8, 2015

Manheim to Launch New Market Structure in 2016

Manheim revealed on Monday plans to segment its physical operating locations into two divisions: Local & Mobile and National. The firm also revealed the two vice presidents who will oversee the two divisions when the company’s new structure goes into effect on Jan. 1, 2016.

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