At NADA Show 2019 earlier this year, Erin Kerrigan of Kerrigan Advisors talks dealership buy-sell activity, including the impact from growing digital retail. Plus, she explains why more buyers and investors are looking to move into this space. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You […] [Read More]

Record-high numbers of vehicles are coming off lease in 2019. At the same time, prices and interest rates are edging higher. With those trends in mind, understanding a vehicle’s retained value is extremely important for a shopper in knowing how much he or she can afford when buying a new vehicle, Edmunds senior consumer advice editor […] [Read More]

Primeritus Financial Services announced one of its largest acquisitions ever on Wednesday afternoon as the forwarding company has absorbed one of its competitors. According to a news release, the provider of recovery management, skip tracing and remarketing services to the auto finance industry announced the acquisition of Consolidated Asset Recovery Systems (CARS). “The addition of […] [Read More]

Insurance Auto Auctions’ latest expansions, at branches in five states, add more than 110 acres to the company’s footprint in Alabama, Arkansas, Minnesota, New York and Texas. In other auction news, Auction Management Solutions, which provides consulting services to automotive industry clients including independent auto auctions, has added Bloomsburg Auto Auction in Bloomsburg, Pa., as a […] [Read More]

PSA North America’s Free2Move Carsharing Services launched late last year, calling itself a “free-floating carsharing company” in Washington, D.C. with no reservations required. Users can end their trip at any metered or residential parking area, and insurance and gas are included. The company said on Wednesday that it has reached a new milestone: 10,000-members. PSA’s […] [Read More]

PointPredictive's latest fraud-prevention solution contains literally millions of ingredients. This week, the company launched Auto Fraud Alert, a new solution that’s designed to help finance companies better identify risk prior to funding. The solution can deliver what PointPredictive called an “unparalleled” level of insight with more than 100 new alerts and red flag indicators based […] [Read More]

With the possibility that student-loan debt could push a potential buyer into the subprime credit tier, one automaker is rolling out a program to assist those consumers. In building on its brand promise to make things better for customers, Hyundai this week introduced Student Assurance, an incentive for customers with student loan debt. The OEM […] [Read More]

ACA International questioned a proposal to regulate telephone communications from the U.S. House Energy and Commerce Committee chairman based on the assertion it could do more harm than good. The organization that brings together third-party collection agencies, law firms, asset buying companies, creditors and vendor affiliates explained the potential House legislation would sweep illegal robocalls […] [Read More]

Experian sees the productivity enjoyed by OneMain Financial as an example of what the Experian Ascend Technology Platform can do for auto finance companies and other firms involved in financial services. Experian said that today’s successful businesses rely on the latest market intelligence and the most up-to-date consumer insights. Since launching less than 18 months […] [Read More]

The planned spin-off of the Insurance Auto Auctions business from KAR Auction Services reached what KAR’s chief executive called “an important milestone” this week. The Internal Revenue Service provided KAR a favorable private letter ruling regarding the tax-free status of the IAA spin-off, KAR said in a news release Monday. “This favorable tax ruling is […] [Read More]