Telenav announced its new chief financial officer on Monday. The provider of connected-car and location-based services selected Hewlett Packard Enterprise (HPE) executive Adeel Manzoor to become the company’s CFO. Manzoor comes to Telenav after serving in a variety of roles for HPE, including: — Chief financial officer and vice president of storage and big data […] [Read More]

Forget what you think you know about millennials* and their relationship with automobiles. Fears that Gen Y — those between 25 and 42 years of age today — would turn their backs on the all-American car-buying tradition are unfounded. To be sure, there was some initial cause for concern. As this demographic came of age […] [Read More]

 To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

Protective Asset Protection is offering dealers another option for their presentation to vehicle buyers who might be considering products sold in the finance office. Just ahead of Fourth of July, the provider of F&I programs, services and dealer owned warranty company programs announced that it has made available online, a series of informational videos for dealers […] [Read More]

Lithia Motors has added Jaguar Land Rover Mission Viejo in California to its network, and the dealership represents Lithia Motors’ first Jaguar Land Rover location. The dealership generated $116 million in revenue in 2018. Lithia Motors president and chief executive officer Bryan DeBoer said the franchise is a good fit toward the company’s strategy of […] [Read More]

Dealer members of the Chicago Automobile Trade Association employ about 20,000 people throughout Chicagoland, CATA chairman Bill Haggerty said in a news release. And those dealers have established deep roots within their communities, he said. “So, when the opportunity for dealers to host BBQ for the Troops fundraisers was presented to us, the dealers seized […] [Read More]

Finance companies, especially ones that participate in the non-prime and subprime spaces, often gather as much information as possible during the underwriting process before a funding decision, making the potential of alternative data even more dramatic. George Coutros, the head of analytics, product and data management at Clarity Services, described how much more robust alternative data […] [Read More]

While movements aren’t regaining spring-market strength, Black Book is seeing wholesale prices being supported by Fourth of July demand. According to the latest Black Book Market Insights report, car depreciation decelerated while truck prices landed near the four-week average. “Used-vehicle demand remains relatively strong as we approach the Fourth of July weekend. Truck values continue […] [Read More]