Along with handing out five different awards and generating thousands of dollars for an industry-related charity, the American Recovery Association cheered the success of this year’s North American Repossessors Summit (NARS), sponsored by Harding Brooks Insurance. ARA officials highlighted that the 11th annual event generated “staggering” attendance of more than 600 participants, including recovery and […] [Read More]

A new expansion of online vehicle auction company Copart’s Atlanta East facility in Georgia adds 20 acres to its existing 54 acres of storage capacity. Copart said in a news release that it expanded the site — at 6089 Highway 20 in Loganville, Ga. — to help meet increased demands of its Atlanta metropolitan area customers. […] [Read More]

Guided retailing product provider ActiveEngage is partnering with TradeVue to add TradeUp to its digital retailing services. The companies said TradeUp allows dealers to manage and designate the range communicated to the buyer through person-to-person chat, giving dealerships more control over trade-in profits. The companies describe TradeUp as a versatile trade tool that they say […] [Read More]

In a few special editions of the show, we’re sharing some of the presentations from the recent Auto Remarketing Canada Conference in Toronto. Next up is Andrew Tai of Motoinsight. The full discussion can be found below. Tai will also be among the speakers at this summer's Auto Intel Summit, where he will deliver a keynote […] [Read More]

Used-car sales in April beat year-ago figures by 3.0%, according to estimates from Cox Automotive, which said the pre-owned SAAR climbed to about 39.3 million for the month. That compares to a used-car SAAR of 38.1 million in April 2018 and a 39.0 million used-car SAAR in March, the company said in its Manheim Used […] [Read More]

After making its Wisconsin debut in Milwaukee last year, used car buying and selling e-commerce platform Carvana said on Tuesday it has launched in Green Bay and Appleton, Wisc. “We’re eager to expand in the state, and we’re confident Green Bay and Appleton will enjoy our new way to buy a car,” Carvana founder and […] [Read More]

Participants of a new certification program from automotive industry software company DealerSocket will have the opportunity to become certified on one or all of the company’s products, including CRM with its customer-retention tool RevenueRadar. The program will begin at DealerSocket’s User Summit, which will take place Aug. 21 to 23 in Anaheim, Calif.   For […] [Read More]

Kevin Kindschi called it a “detour from retirement,” to work with credit unions about product that can help them serve members with subprime credit histories. After retiring from CUNA Mutual following a 30-year career, Kindschi recently joined Open Lending as regional vice president of sales in a territory that includes credit unions in California, Arizona […] [Read More]

The second quarter began with a rise in bankruptcy filings. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported on Monday that total U.S. bankruptcy filings increased in April by 2% year-over-year. Officials tabulated that bankruptcy filings totaled 71,260 in April, up from the total of 69,781 record in the same […] [Read More]

With observers noticing some cleaner vehicles moving down the lanes, Black Book said its data showed this year’s spring market extending into a seventh week. This week’s Market Insights report also offered a glimpse into the latest specialty markets as the industry sets its target on summertime wholesale and retail activities. “Markets registered a slight […] [Read More]