During the Vehicle Finance Conference hosted by the American Financial Services Association this past January in San Francisco, Nick had the opportunity again to sit down with Kyle Birch, executive vice president and chief operating officer for North America at GM Financial. The wide-ranging conversation covered not only how GM Financial performed in 2018, but […] [Read More]

The latest wholesale market analysis from RVI Group described price trends also highlighted by Manheim and Black Book for the opening month of the year. In the United States, analysts determined the RVI Used Vehicle Price Index (UVPI) came in at 1.014 in January compared to 1.059 in December and 1.004 in January of last […] [Read More]

All of the metrics Westlake Technology Holdings shared about its 2018 performance headed in directions that would please just about any executive team or board of directors. And the company already is aiming for double-digit improvement this year. The company recently announced its portfolio grew 35 percent in 2018, finishing at an all-time high of […] [Read More]

Effective immediately, Matt Ruszkowski has been named president and chief operating officer of Carleton, a provider of compliant consumer loan calculations and lending document generation software. A company news release indicated Ruszkowski will lead Carleton’s experienced executive leadership team toward continued growth and the introduction of new software and services in the lending industry. “It […] [Read More]

AUL Corp. recently promoted one of its managers who has been with the vehicle service contracts administrator for more than a dozen years. According to a news release, AUL president and chief executive officer Jimmy Atkinson has elevated Deonna Frank to the position of manager of operations and cancellations. In her new role, Frank will […] [Read More]

The black tarp was pulled off a stock car in the middle of Times Square, revealing a new paint scheme for the Chevrolet that, in addition to the famed neon No. 48 of NASCAR legend Jimmie Johnson, now featured the logo of Ally. Andrea Brimmer, Ally’s chief marketing and PR officer, got the chills. And not […] [Read More]

Paragon Automotive, with its Paragon Honda/Acura dealership in New York, has worked to keep up with the latest technology. The business boasts that its Paragon Direct app helps customers purchase and service their vehicles from their mobile devices. Efforts like that helped the company achieve what it says was a record-breaking 2018, and Honda has awarded Paragon with its […] [Read More]

These are busy days for Bel Air Auto Auction and GAA Classic Cars Auction. At Bel Air Auto Auction, which is the flagship auction of the BSC America Auto Auction, phase 2 of its lot expansion is underway, and the auction plans for 12 acres of vehicle parking to be ready in time for its 72nd anniversary […] [Read More]

RumbleOn announced a trio of major developments during the past two weeks, including the pricing of its previously announced underwritten public offering, an acquisition and another partnership The latest development from the e-commerce company whose mission is to simplify how dealers and customers buy, sell, trade or finance pre-owned vehicles through one online location arrived on […] [Read More]

Lexus recently rolled out one of the latest attempts by automakers to launch a leasing program that bundles together insurance, scheduled maintenance and other services into a single payment. In light of how complicated projecting residual values are in conjunction with traditional vehicle leasing, Auto Remarketing gathered assessments from an array of industry experts who […] [Read More]