XpressCredit, a fintech that focuses on the small independent auto dealer market, recently selected Lokyata’s BankAnalyze solution to help support contract decisioning for XpressCredit’s network of thousands of independent dealers nationwide. XpressCredit is designed to provide users with one point ... [Read More]

Overall bankruptcy filings dropped by double digits year-over-year at the halfway point of 2022. But experts said after looking deeper at two specific trends that these data points “tell a different story.” According to data provided by Epiq Bankruptcy Analytics, ... [Read More]

Subprime Analytics president Ken Shilson appeared again on the Auto Remarketing Podcast to discuss what he thinks is one of the most important operational challenges buy-here, pay-here dealers are going to face before the end of the year. It’s implementation ... [Read More]

The newest developments connected with DriveItAway have distinct Michigan connections. First, the provider subscription-to-purchase technology announced on Wednesday that it has launched its electric vehicle program with General Motors to offer the Chevrolet Bolt and Chevrolet Bolt EUV.  And the ... [Read More]

Signed into law in June 2009, the $3 billion Car Allowance Rebate System (CARS) law, commonly called “Cash for Clunkers,” by President Barack Obama had numerous, had many long-lasting, effects on the automotive retail industry. The similarities — and differences ... [Read More]

Dare Saul wanted to raise money for the NIADA Foundation. And the Arkansas operator wanted a highline model he could immediately list online, too. Saul accomplished both goals last week during the final day of the NIADA Convention at the ... [Read More]

Everything is bigger in Texas evidently, including the amount of top independent dealerships. Tommy Gregory, owner of Abilene Used Car Sales in Abilene, Texas, was named the 2022 National Quality Dealer of the Year by the National Independent Automobile Dealers ... [Read More]

A plan is in place, and the organization has a new leader charged with executing it. Scott Allen, owner of Auto Land in Haltom City, Texas, began his term as president of the National Independent Automobile Dealers Association for 2022-23 ... [Read More]

Already with a large collection of accolades and awards, you might say that Dale Pollak now is standing tall on the front line of the independent dealership world, as he’s now considering himself to be a “real car guy.” Pollak, ... [Read More]

The National Independent Automobile Dealers Association is introducing a new way for its members to show — and sell — their inventory. Coinciding with the open of the association’s convention, the organization launched dealermallUSA by NIADA. Dubbed the official NIADA ... [Read More]