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Industry•by Staff•June 1, 2022

Georgia Lands Two New EV Factories for the State

The state inked deals with Rivian and Hyundai Motor Group for two EV factories to bring in over $10 billion in auto industry investment and 15,000 assembly jobs.

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Product & Technology•by Staff•May 31, 2022

Carousel Motor Group Launches Carousel Online, An Automotive Ecommerce Site

As consumers continue to benefit from the convenience of making purchases online, Carousel Online is redefining the pre-owned vehicle-buying experience by putting the driver before everything else.   

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Industry•by Staff•May 31, 2022

Quantum5 Acquires ESI Trends

The company will be fully integrated into the Quantum5 family of brands and represents the industry’s most comprehensive culture analysis to date for better training results.

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Meet the Executive•by Staff•May 31, 2022

Former CFPB Assistant Director Rick Hackett Joins F&I Sentinel Advisory Board

Hackett helped lead the CFPB’s initial charter into the auto finance industry, tasked with guiding strategy for examining and investigating dealer participation programs.

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Meet the Executive•by Staff•May 31, 2022

Automotive Veteran Michael Seeman Joins CarNow as Senior Vice President of OEM Relations and National Accounts

Former CDK Global Vice President and General Manager brings decades of experience to auto digital retailing company.

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Awards•by Staff•May 31, 2022

AutoPayPlus Employee Honors Military Personnel Who Died in Service

Supported by coworkers, Jedd Price has visited cemeteries in seven states and laid 100,000 pennies on gravestones since Memorial Day 2021.

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Product & Technology•by Staff•May 31, 2022

Traver Connect Announces Service BDC Capsule, Bringing Greater Visibility to BDC Success Metrics

With the mission of putting the power of business intelligence back into the hands of the BDC Manager, the launch of this all-in-one solution offers the most complete toolbox for service BDCs in the automotive industry to date.

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F&I•by Staff•May 31, 2022

Solera Auto Finance Builds Momentum and Advances to 20 States

Powered by its robust offering, SAF continues to sign dealer agreements and fund loans.

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Industry•by Staff•May 25, 2022

BMW Announces It will Meet 2022 Output Targets

Port congestion in China, closures in Ukraine, and ongoing supply chain issues will not slow output, reported Milan Nedeljkovic, production chief for BMW AG.

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Industry•by Staff•May 25, 2022

Toyota Announces Plans to Cut Global Production Amid Chip Shortage

Toyota Motor Corp will cut global production by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage.

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