On a Thursday afternoon in September, a reporter opens the website of Cavender Toyota. In the upper-right corner: “The Official Toyota Dealer of the San Antonio Spurs.” Makes perfect sense. The dealership’s perch atop Toyota’s certified pre-owned sales rankings the last few years looks like the hometown Spurs’ NBA resume in the 2000s: title after […] [Read More]

For the second time this year, DIMONT reinforced its leadership team with a former executive from van Wagenen. This week, the Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries announced Nancy Mellon is the company’s new senior director of client development. In this role, […] [Read More]

An employee who has been with AutoMap for nearly 10 years now is the company’s chief executive officer. The provider of electronic vehicle monitoring and location services recently announced Mark Sargeant was promoted to CEO of AutoMap in a move that became effective on Sept. 30. The company said in a news release that Sargeant […] [Read More]

IHS Markit has worked closely with Novation Analytics in recent years. The companies have helped original equipment manufacturers and suppliers meet the challenges of emissions compliance, said IHS Markit vice president of automotive planning solutions Tim Armstrong. The companies will continue working closely together, as information and analytics company IHS Markit announced on Thursday it […] [Read More]

Richmond Auto Auction founder and chief executive officer Mark Motley says now is “a great time in the history of the company.” “The service our staff offers every day is incredible,” Motley said in a news release. “Successful events such as this one is a direct result of their hard work and dedication.” Motley was […] [Read More]

ADESA has named new general managers at two of its auction locations, with ADESA chief operating officer Srisu Subrahmanyam describing them in a news release as having proven themselves in past roles for KAR Global and “rising to new challenges and posting solid results.”  The new general managers are Angela Williams for ADESA Houston and […] [Read More]

Kelley Blue Book has been busy lately. There was its official launch in Canada in April, as well as the arrival of KBB’s MarketLens and Pricing Service Industry Solutions to the country in August, as well. As the company looks to further solidify its presence in Canada, Auto Remarketing Canada got the lowdown from Stephanie […] [Read More]

Spireon’s latest data showed its GPS solutions generated significant improvements when vehicles in the portfolios of buy-here, pay-here dealers end up in troubling place for operators — an impound lot. Spireon reported on Thursday that so far in 2019, significantly more used vehicles have been recovered expeditiously from impound lots than in 2018. This faster […] [Read More]

This week, the Federal Reserve released minutes from its September Federal Open Market Committee (FOMC) meeting that resulted in policymakers leveraging their second consecutive opportunity to lower the target range for the federal funds rate after having not taken a downward action in 11 years. And at least one economic observer is projecting that the […] [Read More]

In February, TRADER Corp. revealed a new dealership website platform it advertised being built “by Canadians, for Canadians,” as part of its vision to be responsive to feedback from customers across the country. At the time of launch, David McMinn, chief operating officer at TRADER, described the platform in a news release as “the most […] [Read More]