In this episode of the Auto Remarketing Podcast, Ben Bartosch of J.D. Power Valuation Services returns to the show to talk certified pre-owned vehicles. He weighs in on how long automaker incentives for CPO might last, why dealers should maintain their focus on acquiring CPO-worthy inventory and more. Plus, Bartosch expands on the analysis shared in […] [Read More]

Location Services made two significant additions to its senior leadership team on Tuesday. The provider of loss mitigation solutions for the financial services industry brought on Jose Delgado as chief client officer and Mohit Mahajan as chief information officer. Delaware Street Capital partner David Heller of Location Services’ parent company credited chief executive officer Jerry […] [Read More]

Racing enthusiasts watching the upcoming Memorial Day weekend race in Charlotte will see seven-time NASCAR Cup Series Champion Jimmie Johnson driving a Chevrolet Camaro ZL1 1LE with a subtle olive drab color. The vehicle will feature white military stenciled numbers and exposed rivets inspired by WWII military vehicles. Johnson and his sponsor Ally Racing on […] [Read More]

How have dealers adjusted to the effects of COVID-19? What are the challenges they are facing and the new ways they are doing business? An upcoming International Automotive Remarketers Alliance webinar will answer those and other questions to assist dealers on the road to recovery. The webinar is titled, “Opportunities Discovered,” and mega dealer groups […] [Read More]

Kroll Bond Rating Agency (KBRA) used the research for its latest auto-finance securitization indices to gauge the volume of both prime and non-prime retail installment contract holders maintaining their payments, at least for the March recording period. At least for that juncture, KBRA determined April’s remittance reports showed that securitized auto financing continued to display […] [Read More]

States are slowly lifting stay-at-home restrictions, and independent dealerships are among the businesses now benefitting. Employees are coming back to work and vehicles are beginning to roll over the curb more frequently as independent operators ramp up to get back to business, according to a new survey by the National Independent Automobile Dealers Association. The […] [Read More]

An upcoming CARFAX Insiders Webinar will help dealers learn how they can use history-based value to help them make more informed buying decisions and build customer confidence to boost sales. Darrell Sherwood and Robert Grill will speak at the webinar on the CARFAX History-Based Value pricing tool, and Sherwood and Grill are part of the […] [Read More]

Vroom plans to go public. The online auto retailer announced Monday it filed an S-1 registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The stock would be listed on the Nasdaq Global Market with the “VRM” stock, Vroom said in a news release. It has not […] [Read More]

Copart now has two locations in Utah. The global online vehicle auction company announced on Monday that it opened a new 45-acre location in Salt Lake City. According to a news release, this addition represents Copart’s second location in the state, serving the growing needs of vehicle buyers and sellers. The company also operates a […] [Read More]

Dr. Rik Patel is the co-founder and chief operating officer of RideKleen, a mobile vehicle care and fleet services. But he's also a physician and spent 11 years in sports medicine and orthopedic care. In this episode of the Auto Remarketing Podcast, hear his take on vehicle sanitization and decontamination, safely restarting various modes of […] [Read More]