October 12, 2024
News
ADESA Salt Lake Celebrates 75th Anniversary
Staff Writer
October 12, 2024
From its humble beginnings in 1949 with just 13 cars at its first auction, ADESA Salt Lake has grown into one of the nation’s premier auto auction sites, spanning 70…
Dealer Group Partners with Compliance Firm
Staff Writer
October 12, 2024
ComplyAuto, a compliance solution for retail dealers, has joined with the American International Automobile Dealers Association as an Affinity Partner, offering the AIADA membership its industry-leading, all-in-one compliance platform and…
Incentive Spending Increases for EVs
Staff Writer
October 12, 2024
Electric vehicle transaction prices in September were lower year over year by 0.9%, according to Kelley Blue Book. At $56,351, the average transaction price for a new electric vehicle changed…
AutoShop Recruiting Marks Milestone
Staff Writer
October 12, 2024
In its first year, AutoShop Recruiting has successfully placed over 225 top-tier automotive professionals across the United States and Canada, and the company is on track to double its first-year…
First Business Partners with Independent
Staff Writer
October 12, 2024
First Business Bank’s Floorplan Financing team has funded a $5 million inventory floorplan line of credit for an independent car dealership in Colorado. The second-generation dealership selected First Business Bank…
Hurricanes Helene and Milton Leave Trail of Water-Damaged Cars In Their Wake
Cee Lippens
October 11, 2024
This year's hurricane season has left a path of destruction across the Southeast, with the death toll of 236 expected to rise. Hurricane Helene and Milton have caused significant damage…
J.D. Power Releases Rental Satisfaction Study
Staff Writer
October 11, 2024
Customers who give their rental car companies the highest scores for trust are also most likely to reuse that brand for their next rental. However, according to the J.D. Power…
Open Lending Partners with Point Predictive
Staff Writer
October 11, 2024
Open Lending Corporation, a provider of automotive lending enablement and risk analytics solutions for financial institutions, has formed a partnership with Point Predictive. Designed to bring enhanced speed, security, and…
Firm Introduces Powersports Platform
Staff Writer
October 11, 2024
Align Partners Software, a new company formed by powersports dealership principals and entrepreneurs, has introduced One Dealer Lane, the first end-to-end middleware SaaS platform designed specifically for the powersports industry.…
