The wholesaling of vehicles certainly is a serious business at Manheim Fredericksburg. The facility registers 2,700 vehicles per week and hosts regular sales on Thursday mornings. But as serious as general manager Craig Amelung wants the staff of 243 full-time and part-time team members to take auction chores, the leader at Manheim Fredericksburg tries to […] [Read More]

Keep an open door and be upfront. That’s crucial for management in communications at an auction. “Priority No. 1? I don't think anything is more important than communication both on a one-on-one and cross-departmental basis,” said Stephanie Gingras, general manager at Dealers Auto Auction of the Southwest. “Never has an employee not been able to […] [Read More]

When asked what sets Dealers Auto Auction of the Rockies apart as a great place to work, executive vice president Michele Noblitt said it’s all about: “Stability, a sense of community, a genuine caring attitude not only professionally but personally for our employees. Passion for growth.” The top priority for her as a manager is […] [Read More]

At ADESA Las Vegas, general manager Brenda Aden said it’s “excellent teamwork and communication, along with a dedication to regular employee recognition and development” that makes the Nevada auction stand out as a great place to work. Teamwork, in fact, is her No. 1 priority in managing her staff. “We take a personal interest in […] [Read More]

Wholesaling vehicles in a place some people might consider to be paradise should be a breeze, right? Well, Manheim Hawaii general manager Dewey Hess said the 133 full-time and part-time employees keep the auction flowing as consistently as waves lapping against the shoreline. “Hawaii is a unique and diversified place, which is reflected in the […] [Read More]

Double-digit growth during the last year prompted CU Recovery and The Loan Service Center to add an additional layer of executive management. As a result, the operation gave the newly created chief operating officer position to Chris Becker, who will help to ensure the companies continue on a path of healthy growth while maintaining their […] [Read More]

Jumpstart Automotive Group made some interesting observations around a particular demographic of car shoppers in its recent Today’s Auto Shoppers study conducted in conjunction with Ipsos Connect. Among the most notable finding: Hispanic shoppers like to buy new cars. They place a high value on quality and brand reputation. And they’re not generally looking to […] [Read More]

A couple of years ago when pundits and naysayers wanted to discuss auto financing, often they gravitated toward how the industry’s recovery stemmed from subprime activity, resulting in a possible bubble similar to what created the Great Recession. While analysts and experts eventually extinguished that line of thinking by showing performance data, these same industry […] [Read More]

Despite record numbers of new vehicles rolling over the curb as leased models, Black Book Lender Solutions discovered a large number of auto finance companies say they don’t leverage residual data for their portfolio. The findings arrived despite the majority of finance companies admitting that portfolio risk assessment and remarketing remains at the top of their […] [Read More]

In what could be an ominous development for the used-vehicle department down the road, J.D. Power and LMC Automotive indicated that they have never seen franchised dealers slap as much cash on the hood as they are seeing this month to keep new metal turning. Analysts reported on Monday that incentive spending thus far in […] [Read More]