In this episode of the Auto Remarketing Podcast, we continue with our special episodes recapping general sessions from Used Car Week. Next up is the panel discussion on "Exceeding the Needs of a Global Buyer Base." Moderated by Jeff Blackwell of Select Management Resources, it features three leaders from IAA: Justin Mahlik, senior VP of […] [Read More]

Carvana continued its expansion with two announcements on Thursday and Friday, stating that it launched its as-soon-as-next-day vehicle delivery to Mankato, Minn.-area residents and to residents of Eau Claire, Wisc. “As we grow our presence in Minnesota, Mankato plays an important role in bringing our easy, transparent car buying solution to more and more customers,” […] [Read More]

KAR Global vice president of intellectual property and technology counsel Michelle Bray will expand her responsibilities to include the role of chief privacy officer. She becomes the first in company history to serve in that role. “Protecting the privacy of our data and information is one of our highest priorities, and an expectation of our customers, […] [Read More]

IAA’s relocation of its Baton Rouge, La. branch adds capacity to the Gulf of Mexico region. In that area, catastrophic weather events occur regularly, said IAA chief executive officer and president John Kett. IAA said the move supports its growth in what it described as an expanding market. The new location, at 5978 Hwy 75, […] [Read More]

After reviewing its final data set of 2019, J.D. Power Valuation Services found that its Used Vehicle Price Index rose in December, ending a run of four consecutive months of declines. According to the latest installment of Guidelines, J.D. Power Valuation Services reported that its December index reading increased by 1.2% on a month-over-month basis […] [Read More]

Spiffy chief executive officer and co-founder Scot Wingo was speaking at an ecommerce event on Thursday, and along with sharing in-depth analysis on automotive technology, he discussed the genesis of his company and the direction it is headed. Wingo told the crowd at AutoCommerce 2020, an event in Morrisville, N.C., hosted by ChannelAdvisor (another company […] [Read More]

New information released this week by the Federal Trade Commission reinforced how widespread fraud is — and not just in the auto-finance industry. The FTC’s Consumer Sentinel Network received 3.2 million reports in 2019, including nearly 1.7 million fraud reports as well as identity theft and other reports. The Consumer Sentinel Network is a database […] [Read More]

Two dozen state attorneys general are joining their legal horsepower together to support their federal regulatory colleagues in what they believe is a threat against consumer protections provided by the Dodd-Frank Act. This week, New York Attorney General Letitia James led a coalition of 24 attorneys general fighting to ensure that the states can continue […] [Read More]

Noting a “new wave of growth” in the auto reconditioning industry, Mobile Tech RX made three announcements in the area of its “recognition and adoption.” One of those announcements is that the company has invoiced $1.7 billion through its app by Mobile Tech RX users. Mobile Tech RX describes itself as an “all-in-one business management […] [Read More]

Lance Zhou says the news that luxury electric vehicle creator Karma has joined the Alliance for Automotive Innovation “significantly amplifies Karma’s voice supporting policies that encourage the technical excellence needed to build future personal transportation solutions.” “Karma is a high-tech incubator; an open platform, a test bed for emerging innovation, and a supplier to others […] [Read More]