Alex “SkipGuru” Price returned to the Auto Remarketing podcast to discuss one of the subjects he knows best: skip-tracing. Now the director of training and development for LocateSmarter, a data and analytics company, Price described how the pandemic has impacted collections and skip-tracing while also reflecting on how tried and true methods continue to be […] [Read More]

Line 5, which partners with dealers to fund vehicle protection plans at all points along the credit spectrum, recently announced an integration with the technology solutions experts at TecAssured. TecAssured is a leading provider of innovative technology solutions for the management, sales and end-to-end administration of automotive aftermarket, consumer and insurance products. Line 5 now […] [Read More]

Looking through the prism of the public asset-backed securities market (ABS), both S&P Global Ratings and Kroll Bond Rating Agency (KBRA) spotted deterioration when analysts examined subprime auto financing. However, the softening didn’t trigger an extreme reaction from experts, with some pointing to some seasonality still playing a role. Beginning with the latest update from […] [Read More]

Auction sales volumes at the midpoint of January were the strongest weekly output since before Thanksgiving, but they remain significantly softer than year-ago levels, says J.D. Power Valuation Services, bumping up prices in the lanes. In the firm’s Used Market Update released Friday, J.D. Power said there were about 87,000 auction sales of vehicles up […] [Read More]

Social advocacy platform Quantum5 has appointed Germain Toyota of Naples general manager Brian Kramer to its advisory board. Quantum5, which says it transforms dealership training through its lifetime value model, described Kramer as an industry thought leader for digital transformation. For Germain, Kramer served in several different roles before he became a general manager of […] [Read More]

The Automotive Trade Association Executives, or ATAE, has elected Scott Lambert as its 2021 chairman. The election took place virtually at the ATAE annual winter meeting on Thursday. Lambert is president of the Minnesota Automobile Dealers Association and has been with that group for more than 30 years, supporting Minnesota’s more than 375 dealers. He […] [Read More]

The Larry H. Miller Group of Companies is growing its overall automotive footprint by delving into the insurance world. In partnership with Leavitt Group, the company on Tuesday announced the launch of Larry H. Miller Insurance Services, an independent insurance agency that will offer LHM customers auto, home, life and business insurance. Company leaders highlighted […] [Read More]

A new player has emerged in the competitive landscape of automotive research and classifieds sites. CarEdge.com has completed Phase I of its vehicle research and listings website, saying that the new version of the site features vehicle cost analysis on more than 250 vehicle models from more than 30 vehicle manufacturers. The analysis includes resale values, […] [Read More]

The used-vehicle market appears off to a good start in 2021, with January sales expected to beat both year-ago and December figures. TrueCar estimates in a forecast released Tuesday that there will be 3.2 million used-car sales this month. That would beat January 2020 by 1% and December by 10%. In a related analysis, Cox […] [Read More]

SiriusXM Canada has extended its partnership with Ford Motor Co. of Canada through 2025. As part of the extension, announced Monday, Ford vehicles that have the SYNC 4 communications and entertainment system will include SiriusXM’s next-generation 360L platform. The SYNC 4 system made its debut in the 2021 Ford F-150 and is scheduled to be […] [Read More]