Results of a July survey orchestrated by LendingTree found the depth consumers are putting off vehicle repairs because of tightened household budgets stemming from the coronavirus pandemic, including some figures of individuals who could be buy-here, pay-here dealership customers. The ... [Read More]

What Congressional lawmakers and the White House do in the coming days to enhance federal assistance to help consumers and businesses get through the coronavirus pandemic are likely to impact bankruptcy filings, according to the executive director of the American ... [Read More]

Dealer Profit Pros founder and president Kenny Atcheson understands two situations facing dealerships today. Operators likely have many questions about how they should steer their stores through the coronavirus pandemic, and they are watching expenses even closer than usual. To ... [Read More]

Texas Independent Automobile Dealers Association executive director Jeff Martin joined senior editor Nick Zulovich for a conversation about how operators in the Lone Star State are faring during the coronavirus pandemic. Martin also recapped how TIADA is making adjustments to ... [Read More]

America’s Car-Mart is looking to show that COVID-19 won’t deter the chain of buy-here, pay-here dealerships. Coming off a new company record for annual revenue, Car-Mart opened another dealership on Monday after beginning the current fiscal year by relocating its ... [Read More]

On July 1, 1941 at 2:29 p.m., the first television commercial appeared on screens across the United States. Bulova, a watch company, aired their 10-second commercial at a cost of $9 prior to a Brooklyn Dodgers and Philadelphia Phillies baseball ... [Read More]

Allegations triggering a consent judgment surfacing back in May involving an Arizona independent dealership and the state’s attorney general could serve as a stern reminder of what compliance expert Randy Hendrick suggested to operators, especially when retailing vehicles classified “as-is.” ... [Read More]

Tricolor is looking to shore up its endeavors to meet state and federal regulatory standards by hiring a chief compliance officer. On Tuesday, the used-vehicle retailer with locations in California and Texas focusing on the sale and financing of vehicles ... [Read More]

One of the hardest parts of running a business is finding good help. I imagine most dealers agree with that statement. I think that is part of the difficulty, you are looking for help. A warm body to fill a ... [Read More]

At least initially, federal government intervention to help individuals and business hit financially by the coronavirus pandemic have made a positive impact in terms of bankruptcy filings. But experts suspect conditions will deteriorate in this part of the financial world ... [Read More]