Spireon was named IoT Vehicle Telematics Company of the Year in the 2018 Compass Intelligence awards. Voted on by a judging panel of more than 40 industry-leading journalists, editors and…
PassTime and Megasys announced the companies have completed a software integration project. With the new integration project complete, customers will be able manage their PassTime GPS products using the Megasys…
Like many people, Eugene Rubinchuk, general manager of Michael's Auto Plaza in East Greenbush, N.Y., first started paying attention to Bitcoin when it shot up in price last fall. Rubinchuk…
The auto finance default rate fell to 0.99 percent in April from 1.05 percent in March. The S&P/Experian Consumer Credit Default Indices shows that the overall composite rate decreased to…
A recent study of consumer trust was bad news for CarMax Inc. The Temkin Group’s 2018 Temkin Trust Ratings finds that CarMax was one of eight companies that declined by…
The Michigan Secretary of State announced that Patsy Lou Chevrolet in Flint Township has had its dealer license suspended for 15 days because of repeated violations, found as a result…
Carvana Co. saw its net loss margin improve to 14.6 percent in the first quarter, from 24.2 percent in the same period a year ago. Net loss was $52.7 million,…
Ally has signed an agreement with Sonic Automotive Inc. to provide vehicle service contracts (VSCs) and guaranteed asset protection (GAP) coverage for the group's EchoPark dealerships in Colorado and Texas.…
KAR Auction Services Inc. reported revenue of $950.5 million in the first quarter, as compared with revenue of $866.6 million for the first quarter of 2017. Net income for the…