Cornerstone Credit Union League is one of the nation’s largest regional credit union trade associations, serving approximately 500 credit unions in Arkansas, Oklahoma and Texas. And the association is making sure its members are prepared to handle the possibility of rising repossessions as its service corporation, Credit Union Resources, recently signed a new partner — […] [Read More]

Continuing our recent string of "Joe Shows,"  the Auto Remarketing Podcast welcomes Joe Kichler, who is vice president of Manheim Logistics. Kichler talks with Auto Remarketing senior editor Joe Overby about how the vehicle transport and logistics space has been impacted by COVID-19, how technology is helping in tracking vehicles and much more. To listen […] [Read More]

With so much of the automotive industry dependent upon technology nowadays, KAR Global is looking to make sure its wholesale segments critical for dealer productivity and success function well. Stemming from recent enhancements to ADESA.com both ADESA.ca, the company said on Tuesday that customers now have access to fresh inventory and dealer trade-ins instantly via […] [Read More]

The top leader at Cox Automotive is set to change. On Tuesday afternoon, Cox Enterprises named Steve Rowley as the new president of Cox Automotive, which includes Autotrader, Kelley Blue Book, Dealertrack, vAuto and Manheim through an action that’s effective Monday. Rowley is getting the position from Sandy Schwartz, who is moving to a role […] [Read More]

Holman Enterprises is charging up its fleet division at ARI in a new way. According to a news release distributed on Tuesday, the company announced a new partnership with Lordstown Motors, an Ohio-based original equipment manufacturer of all-electric, light-duty fleet vehicles. Holman highlighted the strategic partnership will help to introduce the Lordstown Endurance, an all-electric […] [Read More]

Fitch Ratings dissected Hertz’s interim settlement and agreement with investors that the rental-car company finalized in recent days; a six-month strategy to de-fleet and realign its business while paying down note liabilities in connection with its asset-back securities. The analysis also gave an inkling as to how many Hertz vehicles might be flowing through the […] [Read More]

AuctionACCESS announced this week that the company and Auction Edge, a provider of remarketing technology to independent auto auctions, have integrated the new AuctionACCESS Mobile Card at independent auctions throughout the country. This gives independent auctions using Auction Edge a smartphone-based way to credential dealers arriving at their facilities. Last month, AuctionACCESS said it was […] [Read More]

United Road recently highlighted the five special initiatives the transportation company is using during the COVID-19 pandemic to help OEMs, dealerships, rental-car companies, auctions and other consignors and wholesalers get vehicles shipped to and from intended destinations. “United Road is doing what it takes to support our customers, being agile and fluid as customers replenish […] [Read More]

Dealers Auto Auction Group has named its vice president of national sales and operations, bringing in David Diedrich for the role. Diedrich has been in the auto auction industry for three decades. “Assisting clients in establishing selling processes and markets, while developing promotions to potential buyers for the respective clients is the key to success […] [Read More]

It’s a question probably executives from throughout the automotive industry are asking. But a quartet of consignor representatives will try to tackle it during the 2020 IARA Virtual Summer Roundtable hosted by the International Automotive Remarketing Alliance. A consignor panel discussion on Aug. 20 titled, “Where Do We Go from Here?” will be moderated by […] [Read More]