On Monday, YASSI announced the launch of RapidRepo, a national portal designed to dramatically speed up the title process for finance companies during the repossession process. YASSI highlighted that RapidRepo addresses costly industry challenges, including storage fees, insurance costs, depreciation and traditional title processing methods that can be slow, fragmented, and vary drastically between states. […] [Read More]

Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of nearly 80 guidance documents, policy statements and interpretive rules released since 2011. Furthermore, there’s likely going to be a change in the nominee to lead the bureau. On Friday, Secretary of the Treasury Scott Bessent announced President Trump’s […] [Read More]

Repairify has hired former OPENLANE executives Srisu Subrahmanyam and Keith Crerar as the company’s new CEO and chief transformation officer, respectively. Subrahmanyam, the new Repairify CEO, was most recently executive vice president of operations at OPENLANE, where he also was president of services and international markets. “As a longtime customer of asTech and BlueDriver, I’ve […] [Read More]

The next step toward widespread commercial use of autonomous vehicles might be here. California-based technology company Autolane said the first full-scale, end-to-end test site for its OpenCurb OS is now live in the San Francisco Bay Area, providing a demonstration of the system’s real-world capabilities. OpenCurb OS is a curbside operating system designed to manage […] [Read More]

After reporting strong first quarter results, used-car retailer Carvana set a goal of selling 3 million units with significant profit within five to 10 years. It is well on its way to achieving its “mission” of changing the way people buy cars, Carvana chairman, president and CEO Ernie Garcia said during the earnings call. “Given the position we're in and the fundamental gains we see in front of us, the path to that goal, which we currently view as both very exciting and very achievable is that we ... [Read More]

Montway Auto Transport is teaming up with USAA to offer discounts to the insurance provider’s members. The third-party automotive transport company said members can save up to $125 on car-shipping services through the USAA Perks program. USAA, founded in 1922 by a group of military officers, offers insurance, banking and retirement services to members of […] [Read More]

Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.” During his keynote presentation at this spring’s Auto Intel Summit, now available in this episode of the Auto Remarketing Podcast, the executive vice president at Cars Commerce and general manager of AccuTrade shared recommendations for how managers can tap into […] [Read More]

Chris Vester wants fellow dealers to gain emotional intelligence — not just retail and service cars. In this episode of the Auto Remarketing Podcast, listen to a lunchtime conversation, presented by Vitu, from this spring’s Auto Intel Summit with the co-CEO of the Hubert Vester Automotive Group. Vester recapped his path to gaining emotional intelligence […] [Read More]

Tim Ranney is getting back into the credit-reporting business this spring. Ranney — who previously owned Clarity Services, which was purchased by Experian in 2018 — is launching Congruit Credit, an emerging national consumer credit reporting agency positioned to usher in a “new era” of credit reporting and monitoring solutions. With a mission to modernize […] [Read More]

Euro Auctions Group has acquired North Toronto Auction in what the company called a strategic move to strengthen its position in the Canadian marketplace. The 17-acre auction in Innisfil, Ontario, is Euro Auctions’ fifth auction site in Canada. The Northern Ireland-based company, which bills itself as the world’s largest privately-owned auction house, operates 15 locations […] [Read More]