Re3 Conference co-presenting sponsor Primeritus Financial Services announced the dates for its second annual agent partner event. The forwarding company will hold the event at its new corporate office location in Nashville, Tenn., on Sept. 11 and  Sept. 12. Primeritus highlighted that more than 100 agent partners attended this event a year ago. “We are […] [Read More]

One of the returning presenting sponsors of this year’s Re3 Conference — Digital Recognition Network — continued its ongoing clash with the American Civil Liberties Union over the use of license plate recognition technology by explaining what the company believes is the group’s inconsistent positions on freedom of speech. DRN highlighted that the ACLU clearly […] [Read More]

The Rainbow PUSH Coalition, the civil rights organization headed by the Reverend Jesse L. Jackson Sr., announced this week the organization’s annual automotive conference will be held in Detroit in October. The 15th Annual Rainbow PUSH Global Automotive Summit will take place on Oct. 13 at the MGM Grand Detroit Hotel, featuring “over 500 automotive executives, […] [Read More]

The potential risk to used-car values from increases in off-lease volume and lease penetration rates is something that Alec Gutierrez is keeping a close watch on. The KBB senior analyst doesn’t see much of a dust-up yet, but there could be potential for gradual “downward pressure” on used values a couple years down the road. However, […] [Read More]

As members of Generation Y age, join the work force, have families — and, of course, purchase vehicles — many are turning to the used-car lot. In fact, these younger buyers are purchasing used cars much more often than older generations, such as Generation X and the Baby Boomers. That’s according to data from J.D. Power’s […] [Read More]

Ricky Beggs and Jared Kalfus travel throughout the U.S. as part of their job duties at Black Book, meeting with executives from auctions, automakers and finance companies. During recent business trips, both Beggs and Kalfus noticed unusual circumstances when it came time to secure a rental car. The Black Book executives said the long lines […] [Read More]

Ford Credit’s lease return volume this year has already eclipsed the 100,000-unit mark, with the second-quarter tally showing a substantial year-over-increase. That’s according to statistics from Ford Motor Co.’s Q2 fixed income conference call that Manheim chief economist Tom Webb posted to his blog late last week. The data sets put Ford Credit’s quarterly lease […] [Read More]

The National Auto Auction Association is hosting a free webinar to highlight the results of the organization’s 2013 annual survey and recap industry performances from the first half of this year. NAAA economist Ira Silver also plans to share his outlook for the remainder of 2014 and beyond during the webinar, which will be moderated […] [Read More]

Getting the most money back when a vehicle installment contract falls into default is the top challenge for any recovery department. To help those personnel take advantage of strong wholesale prices and more, Auto Financial Group vice president of operations Dave Langley pinpointed eight questions recovery managers should answer in order to improve company process. […] [Read More]

Keep your eyes peeled this week for the all-new digital edition of the Aug. 1 issue of Auto Remarketing, which features the publication’s annual special report: The Power 300 — The Most Powerful Companies in the Pre-Owned Business.  The Power 300 is a compilation and listing of the most influential, innovative, impactful, and, of course, […] [Read More]