In a few special editions of the show, we’re sharing some of the presentations from the recent Auto Remarketing Canada Conference in Toronto. Next up is Andrew Tai of Motoinsight. The full discussion can be found below. Tai will also be among the speakers at this summer's Auto Intel Summit, where he will deliver a keynote […] [Read More]

Used-car sales in April beat year-ago figures by 3.0%, according to estimates from Cox Automotive, which said the pre-owned SAAR climbed to about 39.3 million for the month. That compares to a used-car SAAR of 38.1 million in April 2018 and a 39.0 million used-car SAAR in March, the company said in its Manheim Used […] [Read More]

After making its Wisconsin debut in Milwaukee last year, used car buying and selling e-commerce platform Carvana said on Tuesday it has launched in Green Bay and Appleton, Wisc. “We’re eager to expand in the state, and we’re confident Green Bay and Appleton will enjoy our new way to buy a car,” Carvana founder and […] [Read More]

Participants of a new certification program from automotive industry software company DealerSocket will have the opportunity to become certified on one or all of the company’s products, including CRM with its customer-retention tool RevenueRadar. The program will begin at DealerSocket’s User Summit, which will take place Aug. 21 to 23 in Anaheim, Calif.   For […] [Read More]

Kevin Kindschi called it a “detour from retirement,” to work with credit unions about product that can help them serve members with subprime credit histories. After retiring from CUNA Mutual following a 30-year career, Kindschi recently joined Open Lending as regional vice president of sales in a territory that includes credit unions in California, Arizona […] [Read More]

The second quarter began with a rise in bankruptcy filings. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported on Monday that total U.S. bankruptcy filings increased in April by 2% year-over-year. Officials tabulated that bankruptcy filings totaled 71,260 in April, up from the total of 69,781 record in the same […] [Read More]

With observers noticing some cleaner vehicles moving down the lanes, Black Book said its data showed this year’s spring market extending into a seventh week. This week’s Market Insights report also offered a glimpse into the latest specialty markets as the industry sets its target on summertime wholesale and retail activities. “Markets registered a slight […] [Read More]

The Metropolitan Montreal area has all it needs to make its presence felt in the area of electric and smart transportation, said Chamber of Commerce of Metropolitan Montreal president and chief executive officer Michel Leblanc. That includes a core of technology talent and businesses, a concentration of global leaders in artificial intelligence and “world-renowned creativity,” Leblanc […] [Read More]

Auto Remarketing has learned that longtime auto auction industry leader Jim DesRochers has died. DesRochers, who was president of the National Auto Auction Association in 2005 and a regular contributor to Auto Remarketing, passed away April 29 in Mesa, Ariz. He was 71. DesRochers, whose career in the car business ran for more than 45 […] [Read More]

CarMax’s rollout of its buying experience continues. In December, the company announced a program it describes as a customer-driven buying experience in which customers can buy a car completely from home, in-store, or a combination of both. CarMax said it plans to make the program available nationwide to most customers by early 2020. On Monday, CarMax announced its […] [Read More]