Recent News

ACV Becomes NIADA Partner

ARLINGTON, Texas — ACV Auctions, an online vehicle auctioning platform, has teamed with the National Independent Automobile Dealers Association as a “Bronze”-level national corporate partner.ACV Auctions provides franchise and independent dealerships...

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Quick Shift: Daily mobility news for 2.15.18

Today, President Donald Trump breaks with Republicans, and Uber CEO Dara Khosrowshahi feels really, really sorry for all that trouble his company caused. ... Read More »

Toyota design chief sees future without mass-market cars

Toyota's new design chief believes that vehicles will shift towards either generic boxes on wheels for everyday use or ultra-luxury cars, wiping out the need for mass-market models. ... Read More »

Toyota’s only high-ranking female executive

Chika Kako is a rarity in Toyota's upper echelons. Last month, she was promoted to the second-highest job at the luxury Lexus division, becoming the only woman among the automaker's top 53 managers. ... Read More »

FTC Returns Money to Consumers Harmed in Alleged Payday Loan Scheme

The Federal Trade Commission is mailing 72,836 checks totaling more than $2.9 million to people who lost money to an alleged scheme that trapped them into payday loans they never authorized or whose terms were deceptive.According to the FTC, CWB Services, LLC...

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NHTSA falling behind on auto regulations, lawmakers say

Members of a House panel wonder whether NHTSA is stretched too thin to fulfill a growing list of responsibilities for ensuring motor vehicle safety and reducing traffic-related deaths. ... Read More »

EFG: Digital Retailing, Online F&I Increases Data Security Risks

DALLAS — F&I product provider EFG Companies said this week that data security is one of the largest areas of concern in 2018 for retail automotive dealers, lenders and their partners.Citing data from the Identity Theft Resource Center and CyberScout,...

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Shifting Your Service Brand to Drive Customer Loyalty

Creating share of mind with customers today is increasingly challenging, especially for auto dealers. There are new paths to purchase, independent competitive threats, and an ongoing pricing war to grab consumers’ attention. Building loyalty and awareness...

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Cox Promotes Williams to VP of Logistics

ATLANTA — Cox Automotive named Jim Williams to the position of senior vice president of logistics for inventory solutions. He will transition into the leadership role last held by Patrick Brennan, who was promoted to senior vice president of Inventory Solutions’...

... Read More » Acquires Dealer Inspire, LDM

CHICAGO — Inc. announced it has entered into a definitive agreement to acquire privately held Dealer Inspire and Launch Digital Marketing for $165 million in cash at closing with potential additional consideration based on future performance. will...

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