CornerStone Launches Xpanded Series
CornerStone United has launched Xpanded Series, a new lineup of service contracts designed for electric, high-mileage, commercial, and other typically excluded vehicle types.
CornerStone United has launched Xpanded Series, a new lineup of service contracts designed for electric, high-mileage, commercial, and other typically excluded vehicle types.
ADESA has promoted Lawrence Cubitt to Western regional vice president and appointed new general managers at five major U.S. auto auctions.
Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
Despite concerns over affordability and a growing 90-day delinquency rate, Experian’s fourth-quarter report signals a continued reliance on auto financing is stabilizing the market.
ADESA has launched its VirtuaLane live-auction technology at 20 locations in the U.S. and Canada.
Chicago’s Ed Napleton Automotive Group has acquired the Minneapolis-based Village Automotive Group, which includes the only Lexus dealerships in Minnesota.
ADESA has promoted 30-year automotive marketing veteran Kurt Madvig to vice president of product development.
Former U.S. Congressman Dick Gephardt has made official his association with Fisker Inc. ahead of ‘significant industry announcements’ from the electric-vehicle manufacturer.
Zurich North America has acquired Sea Pine Technologies in a move billed as a path to increased F&I sales for Zurich’s auto dealer customers.
Electra Meccanica Vehicles Corp. has opened a SOLO electric-vehicle plant in Chongqing, China, and expects to deliver its first 5,000 vehicles by year’s end.
Concerns over subprime lending and 90-day delinquencies offset an otherwise prosperous year for the auto finance industry.
A record year for dealer participation programs pushed CNA National past the $500 million mark in distributions since the company’s inception.
The nation’s No. 1 auto retailer has named Carl Liebert as its new president and CEO, succeeding Mike Jackson, who will serve as executive chairman of AutoNation’s board.
Lending Tree’s most recent auto finance snapshot finds originations, amounts financed, and monthly payments all accelerated in 2018.
Chinese automaker Zotye announced has appointed Jan Thompson and Susan Bland Norton to VP positions on its Southern California marketing team.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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