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News•August 3, 2018

Line\5 Unveils New Services for Auto Dealers

Line\5 announced the addition of a no-fee first payment default guarantee option and new funding options.

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News•by Gregory Arroyo•August 2, 2018

FTC Charges Arizona Group With Falsifying Incomes on Consumer Credit Apps

According to the regulator, this was the FTC’s first action alleging income falsification by dealerships. Charged are the owners of Tate’s Auto Group, which operates four dealerships in Arizona and New Mexico, near the border of the Navajo Nation.

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News•August 2, 2018

TradeRev, CarsArrive Offer Free Vehicle Transportation

TradeRev and CarsArrive have partnered to offer free vehicle transportation to dealers who purchase vehicles in certain states.

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News•August 2, 2018

KAR Names New Leader for Preferred Warranties

Edmund Field, who joined KAR earlier this year as director of new product development, now serves as president of the company's Preferred Warranties business unit.

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News•August 1, 2018

Bridget Townsend Joins Rapid Recon

Retail automotive software development expert Bridget Townsend has joined Rapid Recon as vice president of development.

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News•July 30, 2018

National Auto Care Acquired by Private Equity Firm

National Auto Care Corp. has been acquired by Lovell Minnick Partners, a Philadelphia-based private equity firm.

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Articles•July 30, 2018

Opinion: Dealers Must Prepare for Trump Tariffs

Dealers and manufacturers have a major stake in the outcome of the Trump administration’s new tariffs, starting with the pricing of vehicles and parts.

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News•July 30, 2018

Modern Collectibles: Discontinued Values Vary Wildly

A new report from Black Book uncovers the reasons behind recent product cancelations and shows that no two discontinued models depreciate alike.

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News•July 30, 2018

Vegas Dealer Family Inspires Award-Winning Film

Life Story Media’s ‘Driven By Integrity: The Gaudin Family Story’ was honored in two categories at the 39th annual Telly Awards.

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News•July 26, 2018

Wells Fargo to Begin Growing Auto Loan Portfolio by Mid-2019

Wells Fargo's continued runoff of its auto loan portfolio resulted in a $10.3 billion year-over-year decline in auto loan balances in the second quarter, but executives said the bank is positioned to begin growing its auto finance business once again.

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