Buy-here, pay-here and independent dealerships have been the topic of conversations for at least part of this week’s National Auto Auction Association convention in Dallas. Some of that dialogue took place as NextGear Capital announced on Thursday that it has ... [Read More]

The notable jump in bankruptcies experts have been predicting for some time arrived in August. According to new research released from Epiq’s Bankruptcy Analytics platform, filings in August across all chapters rose 10% year-over-year, totaling ... TO READ THE FULL ... [Read More]

With another month closing on Wednesday, Ignite Consulting Partners mentioned firm compliance experts often are peppered with questions at this junction on the calendar about independent dealers creating their own retail installment sales contracts rather than relying on the documents ... [Read More]

Tricolor has invested heavily in artificial intelligence and other technology resources to boost its underwriting. On Thursday, tech-enabled Community Development Financial Institution (CDFI) and one of the nation’s largest used-vehicle retailers that caters to Hispanic consumers, also enhanced its resources ... [Read More]

Both a federal agency and multiple national associations are urging the Federal Trade Commission to delay implementation of amended Safeguards Rule. However, if the regulation stays on its course to be enforced beginning in December, the Texas Independent Automobile Dealers ... [Read More]

On Tuesday, Advantage Automotive Analytics debuted Evo UL, an unlimited connectivity GPS risk-mitigation solution. By employing the latest GPS hardware and applying sophisticated proprietary technology, Advantage claimed that it is the first modern data analytics and advanced, risk-mitigation solutions provider ... [Read More]

Brett Scott, who is vice president of government affairs at the National Independent Automobile Dealers Association, took some time away from being on Capitol Hill for this episode of the Auto Remarketing Podcast. Scott recapped what the atmosphere is like ... [Read More]

Byrider used technology recently to upgrade the capabilities of its service department. The network of more than 150 buy-here, pay-here dealership locations also leveraged technology to enhance its collections. While a partnership with Shopmonkey was for the service department, Byrider ... [Read More]

Tricolor is in the running for a pair of prestigious honors. The tech-enabled Community Development Financial Institution (CDFI) and one of the nation’s largest used-vehicle retailers that caters to Hispanic consumers announced it has been named a finalist in two ... [Read More]

Byrider is adding a new tool for the service drive at its 148 locations. This week, Byrider selected Shopmonkey — a cloud-based auto shop management platform as its newest technology partner. According to a news release, this relationship is part ... [Read More]