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Sonic Automotive has raised the minimum wage for all hourly employees following the company’s strong performance in the second quarter of 2021. Effective Sept. 1, all hourly Sonic Automotive and EchoPark Automotive employees will make a minimum of $15 per hour, according to a company release today. “As Sonic and EchoPark reach new heights and […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
