EPIC’s National Loan Payoff Clearinghouse was designed to facilitate and standardize the exchange, processing and settlement of loan payoff and lien release transactions. +
Citing progress toward a deal, President Donald Trump has rescinded his threat to punish eight European nations with a 10% tariff for opposing his efforts to acquire Greenland. +
Nobilis Group announced the promotions of Stan Starnes to president and Jeff Beaver to CAO and the addition of Rushi Modha, the former Smart AutoCare president, as COO. +
President Donald Trump will levy 10% tariffs on imported vehicles and other goods from eight European nations opposed to his efforts to acquire Greenland. +
AutoPayPlus has launched RePayPlus, offering a reinsured version of its biweekly payment program that features a “powerful” customer retention facet. +
Edmunds analysts say the average negative equity balance on dealership trade-ins rose to $7,214 in the fourth quarter, reflecting pandemic-era originations and prolonging a four-year trend. +
Owen brings 20-plus years of insurance and F&I technology leadership and three years as PCMI’s president to his new position at a “defining moment” for the company and its customers. +
U.S. dealers sold more than 233,000 full-size pickups in December, propelling the average new vehicle price to a record $50,326 as incentives helped offset affordability concerns. +
Dealertrack reports loan approval rates continue to trend upward as of the end of December, capping a year in which the availability of dealer-arranged financing improved by 3.6%. +
CarMax’s new interim CEO says the used car retailer will reduce its margins to lower prices and spend more money on advertising geared toward private-party sellers. +
