Direct Auction Services has named Marco Soria as national operations manager for its Direct Reconditioning division. Soria will work to standardize company processes for all aspects of vehicle reconditioning. Soria most recently served for more than 10 years as operations manager at ADESA Sarasota. Before his time at ADESA Sarasota, he was operations manager at […] [Read More]

Much like the 30 clubs of Major League Baseball, General Motors Financial is spending April through October crisscrossing the country. But instead of fielding grounders and belting out doubles, GM Financial will be providing dealers access to “thousands of the best pre-owned GM vehicles” through its sixth annual Elite Sales series. This year’s baseball-themed series […] [Read More]

Auction Direct USA has upgraded its website to make used-vehicle shopping easier. Visitors to the Auction Direct USA website at auctiondirectusa.com will find up-to-date inventory of available used vehicles, including domestic and foreign-branded sedans, hatchbacks, crossovers, SUVs, minivans and pickup trucks. The company said pickup trucks are popular on the site, and the Chevrolet Silverado, GMC […] [Read More]

Franchised dealerships in the Golden State now have another resource to foster compliance with privacy regulation set to be implemented in less than a year. According to a news release distributed on Tuesday, Helion Technologies has partnered with the California New Car Dealers Association (CNCDA) to educate dealers on how to comply with the California […] [Read More]

Tricolor is looking to a high-level Equifax executive to provide guidance and leadership. The used-vehicle retailer focusing on the integrated sale and financing of vehicles to Hispanic consumers on Tuesday announced the addition of veteran Equifax and financial services executive Dann Adams to its board of directors. Adams will help guide Tricolor’s growth as it […] [Read More]

After reviewing first-quarter data connected with U.S. subprime auto loan asset-backed securities (ABS), S&P Global Ratings discovered cumulative net losses appear to have stabilized, albeit at “relatively high levels,” according to its newest report released on Tuesday. On a segment basis, S&P Global Ratings said its subprime auto loan static index (ALSI) is showing that […] [Read More]

Carsharing marketplace HyreCar appointed Jay Vijayan to its board of directors effective April 25. From 2012 to 2016, Vijayan was chief information officer for Tesla, and he is currently founder and chief executive officer of Tekion Corp., a Silicon Valley startup in the business applications and automotive retail experience sectors. Vijayan’s more than 20 years […] [Read More]

The National Auto Auction Association has launched a new website that it says will help job seekers connect with member auto auctions that have jobs to fill. The association said in a news release that AutoAuctionJobs.com is a free resource that provides information about careers in the industry and links to auction job listings. It […] [Read More]

Continuing its busy schedule of recent acquisitions and expansions of its existing auctions, Copart on Monday announced the opening of a new location in Fredericksburg, Va. The facility, located at 4717 Massaponax Church Road in Fredericksburg, will serve Copart customers from Washington D.C. and from Richmond and Charlottesville, Va. Copart Fredericksburg general manager Consuela Harrison […] [Read More]

Xcira is taking steps not only to improve functionality of its wholesale market platform, but online security for users, as well. On Monday, the company announced the launch of its new audio/video service associated with its Online Ringman simulcasting system. Xcira said this audio/video service will replace the now unsupported, and potentially insecure, Adobe Flash […] [Read More]