Below is a Q&A with Sarah Amico, executive chairman of Jack Cooper Holdings Corp. and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Sarah Amico: I suppose it was a little bit of destiny for me […] [Read More]

Swapalease.com reported on Wednesday that the approval rate for vehicle lease transfers improved in March both on a year-over-year and month-over-month basis. The site indicated credit applicants registered a 75.0 percent approval rate for March, up by 3.8 percent versus February, which had a 72.2 percent approval rate. A year ago, the approvals rate came […] [Read More]

If your dealership has a potential buyer looking for a vehicle for a teenage driver, there’s a good chance one of the 49 “best choices” or one of the 82 “good choices” selected by the Insurance Institute for Highway Safety (IIHS) is likely in your inventory. There are 131 models on these lists even though […] [Read More]

Ford executive Joe Hinrichs isn’t fretting over off-lease volumes hitting the auto market, but it is something he is watching. The off-lease volumes — particularly in the car segments, where supply and demand aren't exactly matching these days — isn’t necessarily going to dramatically change the way Ford runs its business, he said.   That […] [Read More]

On Tuesday, Copart announced the opening of a new location in Betim, Minas Gerais — the company’s sixth location in Brazil. Copart's Betim location is in the metropolitan area of Belo Horizonte and will offer a wide selection of salvage and used vehicles, according to the company. "The new location in Betim supports us with […] [Read More]

Kelley Blue Book revealed its 2017 Brand Image Award winners on Tuesday — Subaru, Lexus and Ford took the top spots after receiving the highest average scores among 12 brand watch factors. This year, Subaru not only took home the title of Best Overall Brand for the second consecutive year, the brand has also been named […] [Read More]

Consolidated Asset Recovery Systems (CARS), a technology and services company that works with finance companies to help streamline the repossession and remarketing process, is hosting a free webinar focused on insurance claims and protecting finance company investments. The session, in conjunction with van Wagenen, will begin at 1 p.m. ET on April 25. The webinar […] [Read More]

ForeverCar.com announced on Monday that it has chosen an industry veteran to join its executive team as the company’s new chief operating officer. Selected for the position is Ryan Kasprzak, who was most recently vice president of pricing and product portfolio strategy at Asurion, a mobile devices and other consumer electronics protection and support company. […] [Read More]

Toyota and Mercedes-Benz have earned top mainstream and luxury brand honors, respectively, in the second annual ALG Pre-Owned Values Awards. The awards, announced Monday, recognize the 2-year-old vehicles expected to retain the most value over the next three years, ALG said in a news release. In addition to the overall brand winners, the POVA’s recognize […] [Read More]

The elimination of federal tax incentives would mean a fender-bender, if not a more serious “crash,” in the electric vehicle market, according to a report released Friday by Edmunds. And there certainly are some implications for the pre-owned side of the EV market. Would a lack of a tax credit on the new EV side indirectly […] [Read More]