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Vic Osman, who owned operations in four states, passed away Wednesday after a battle with cancer.
Read More →The company’s CUDL auto lending network reached a new milestone, adding 1,000 dealers since breaking the 10,000-dealer mark less than a year ago. Official also report that CU Direct credit unions generated a record $16.3 billion in auto loans through the network last year.
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The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.
Read More →TD Bank officials said the company will trim down its 9,000 member U.S. dealer network in order to provide better service.
Read More →The Better Business Bureau suspends the group’s accreditation after it paid more than $500,000 to settle at least 25 lawsuits related to its F&I practices. The operation had an 'A+' rating before it lost its accredidation.
Read More →The operator and manager of Klause Cars and Trucks Inc. pleaded guilty to wire fraud charges associated with a scheme to defraud finance sources and customers who traded in and bought vehicles at his dealership.
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Trisha Winski of Mercedes-Benz of Westwood, Mass., and Grant Wilson of Huffines Kia in Denton, Texas, have found the perfect match for their customers. It’s a suite of products that’s feeding the service drive and their per-unit averages.
Read More →The expanded dealer panel for DealerRater’s certified dealer partners provides a quick snapshot of the dealership’s latest reviews and ratings, as well as key employee review statistics. The reporting tool also offers new market pulse data and videos.
Read More →Designed by Directed, the new consumer app is cloud-linked and includes dynamic marketing tools aimed at driving a better connection between dealers and their customers.
Read More →Fraudulent paystubs are a serious threat to your dealership and the trust you’ve built with your finance companies. Special finance guru warns that such incidents are on the rise, and customers aren’t the only guilty parties.
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