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Manheim announced that “increased sales activity” and “early signs of economic recovery” have in part led it to recall 300 workers just weeks after furloughing 9,000 U.S. employees. In a…
Autotrader has picked Hyundai and Lexus as the best CPO programs for 2020 in both the non-luxury and luxury categories. “We selected Hyundai and Lexus CPO programs due to their…
Flick Fusion has added more than 1,000 new automotive dealerships and those new customers are now utilizing Flick Fusion’s video marketing platform. “The last couple of months have been extremely…
Momentum CRM, an automotive CRM solution, has teamed up with automotiveMastermind, a provider of predictive analytics and marketing automation solutions for the automotive industry, to set the new standard in…
KAR Auction Services Inc. has announced the placement of $550 million in newly issued perpetual convertible preferred stock of KAR Global. The preferred stock has a 7.0 percent dividend, which…
Hertz Global Holdings Inc. announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the…
The most popular car in America for the first half of 2020 is the Toyota Camry, according to Pretected.com, one of the largest insurance comparison websites in the United States.…
Foundation Automotive, announced the acquisition of the Freestone Auto Group in Fairfield, Texas. Foundation will leverage Freestone's local roots to expand their Central Texas footprint. Freestone has a long-standing, and…
Longtime Alabama auto dealer Lester Earl Oden died on April 2 after a long battle with cancer. He was 73. Oden was the founder and president of MTO Motor Leasing…
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