In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features.  Next up is Rick Griskie, who is the chief information officer at ADESA.  Auto Remarketing: As the chief information officer of an […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features.  Next up is Shane Marcum, who is vice president of inventory services and solutions at Dominion Dealer Solutions. Auto Remarketing: At Cross-Sell, […] [Read More]

Kevin Brown has worked with the Stanley-Autenrieth Auction Group as a consultant since October, handling special projects for both auctions in the group. Since November he has overseen a major facility upgrade at Indiana Auto Auction. On Wednesday, Eric Autenrieth of the Stanley-Autenrieth Auction Group announced that industry veteran Brown has been named Indiana Auto […] [Read More]

Cox Automotive explained why its July wholesale price data makes for a challenging comparison to what analysts reported a year ago. In its latest update, the company said wholesale used-vehicle prices (on a mix-, mileage- and seasonally adjusted basis) increased 0.01% month-over-month in July. This movement brought the Manheim Used Vehicle Value Index to 140.5, representing […] [Read More]

Buy-here, pay-here dealerships might see their potential buyer base grow as summer rolls along, stemming from the jump in bankruptcies filed in July. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. bankruptcy filings increased 3% year-over-year in July. Total filings came in at 64,283, up from […] [Read More]

The overall used-vehicle sales market was a bit slower in July, but the seasonally adjusted annualized rate is still tracking towards 40 million, and dealers are enjoying strong used-car operations. Not to mention, the used retail SAAR was up from June and year-ago figures, and the public dealer groups are showing strength in used-car sales. […] [Read More]

Mobials Inc. announced this week that it has revamped its AutoVerify product to answer common questions that might arise when consumers are doing vehicle research, and in the process of doing so, generate credit-qualified leads. The user flow of AutoVerify has been retooled to answer the question of greatest interest to the shopper. For example, […] [Read More]

The Birchwood Automotive Group, considered the largest automotive network in Winnipeg, Manitoba, sells everything from Jaguar and BMW to Kia and Hyundai and everything in between at their franchised locations. But in recent years, the dealer group with 23 franchised locations has created yet another revenue stream via the subprime market. Brian Bell, director of […] [Read More]

A little more than three years after announcing an aggressive growth plan based on a strategy to add a significant number of dealership customers throughout the United States, Security National Automotive Acceptance Company (SNAAC) is departing the auto-finance business. A news release sent to SubPrime Auto Finance News late on Wednesday afternoon said SNAAC will […] [Read More]

PCG Digital is a marketing agency for automotive dealers that provides SEO, SEM and social media advertising services that aim for greater efficiency and effectiveness from digital media investments. SpinCar is a digital automotive merchandising software company, and it says thousands of dealers use its platform to offer engaging experiences to online car shoppers. Now, […] [Read More]