As Intellaegis, which does business as masterQueue, gears up for a potential award-winning appearance at the Finovate Fall conference in New York this September, the company announced an executive adviser joined the team, bringing a diverse technology background. Intellaegis’ newest executive adviser is Victor Kan, former president and chief executive officer of Fujitsi Computer Products […] [Read More]

The latest data made available by Equifax reinforced patterns many finance companies might be experiencing. Origination volume is slowing, while the amount financed is climbing. According to Equifax data through March, the auto-finance industry generated 5.90 million auto loans, totaling $135.5 billion. Analysts indicated the metrics represent a 1.0% decrease in accounts and a 1.3% increase […] [Read More]

In announcing two California expansions on Tuesday and Thursday, Carvana says it is addressing growing demand for the company’s products in Los Angeles and surrounding areas. The company unveiled its newest car vending machine in the Westminster area of Los Angeles and also launched as-soon-as-next-day vehicle delivery to residents of Oxnard, Calif. Carvana’s latest vending […] [Read More]

The Zanchin Automotive Group is the largest auto dealer group in Toronto. So, the business obviously already touts a pretty solid, well-known reputation in the city and the greater Toronto area, as well. But when you already have your name out in the community, where do you focus your marketing effort then? What next? To […] [Read More]

Auto dealerships are often simply the kind of businesses that throughout history have gotten passed down through generations. And even if they change hands, they often retain their place in the community for decades. In fact, many dealerships and dealer groups just end up growing right along with their communities. And that’s how the story […] [Read More]

Manheim says it is ramping up its investment in Simulcast and plans to add a host of new features to the digital auction platform later this year and early next. The company declined to provide a specific breakdown of the investment but did note that it is part of the 2-year, $100 million overall digital […] [Read More]

In announcing its 2019 Vehicle Satisfaction Award winners, AutoPacific said that Nissan’s Murano and Maxima “continue to be unbeatable” since their redesigns entered the market in 2015 and 2016, respectively. “Even with new competition this year in the all-new Subaru Ascent, Volkswagen Atlas and Lexus ES, the Murano and Maxima came out on top,” AutoPacific […] [Read More]

Eight years ago, CarLotz started out “to change the way people sell their vehicles,” said CarLotz chief executive officer Michael Bor. “Being within the top 500 of the Inc. 5000 is validation that we have truly made an impact in the auto industry,” Bor said in a news release. “I’m constantly impressed by the hard […] [Read More]

In a few special editions of the show, we’re sharing some of the panel discussions and keynote presentations from the recent Automotive Intelligence Summit in Raleigh, N.C. First up is our dealer panel, featuring four members of the North Carolina Automobile Dealers Association and executive director Robert Glaser. The full discussion can be found below. Download and […] [Read More]

Chosen in part because of its support of local police and fire departments, veterans, citywide events and municipal projects, ADESA Boston was named the National Auto Auction Association’s 2019 Eastern Chapter Auto Auction of the Year for its exceptional community service. In an earlier announcement, NAAA named Louisiana’s 1st Choice Auto Auction as the winner […] [Read More]