CalAmp reported that consolidated revenue reached a new quarterly record of $96 million, up 7 percent year-over-year. The company’s gross margin was 41.5 percent, up from 40.1 percent in the…
Spireon has published, “Impound Storage Fees, a Billion-Dollar Problem,” a report that addresses the costs to consumers, dealers and lenders associated with vehicle impounds. Spireon data indicates about 76,000 vehicles…
CarMax Inc. reported that net sales and operating revenues increased to $4.77 billion in the quarter ended Aug. 31. Used unit sales in comparable stores increased 2.1 percent. Total used…
The Conference Board Consumer Confidence Index increased in September, following a large improvement in August. The Index now stands at 138.4, up from 134.7 in August. Consumers’ outlook for the…
The operators of websites that sold fake documents used to facilitate identity theft and other frauds have agreed to permanently shut down their businesses as part of separate settlements with…
Spireon is adding several enhancements to its Kahu connected car solution, designed to provide automotive dealer groups with the tools they need to optimize operations, improve sales results and mitigate…
Carvana Co. has launched as-soon-as-next-day vehicle delivery in New York City. To celebrate entering its largest market to date, Carvana is maximizing its marketing presence in Manhattan with a one-day…
DealShield’s DS360 Return Guarantee now offers dealers a 30-day return option. Clients that subscribe to DealShield can choose to take a full month and up to 500 miles to ensure…
The editors of Latina Style magazine have named Fiat Chrysler Automobiles US LLC among the top 12 U.S. companies for Hispanic women to work. The ranking is part of the…

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