Advocacy, whether it’s addressing their needs in legislative halls or responding to the operational challenges of running an auto auction, is nothing new to NAAA.  But as the National Auto Auction Association turns 70 this year and celebrates with its annual convention in Scottsdale, Ariz., that advocacy has certainly evolved and grown throughout the past […] [Read More]

Black Book might have seen the last uptick in wholesale prices for the year. Black Book released its Used Vehicle Retention Index for October as editors pinpointed the latest reading at 116.3, which represented a 1.5-percent increase over the last 12 months (114.6) and a 0.2 percent uptick since September (116.0). Editors explained October’s used-vehicle […] [Read More]

One of the used-car industry’s top analysts has earned a promotion. Jonathan Banks of J.D. Power, who is among the many speakers lined up for next week’s Used Car Week conferences, is now the company’s vice president and general manager of vehicle valuations. Banks, whose background in the car business goes back to 1995, has […] [Read More]

Lithia Motors and Shift Technologies will continue to operate separately, but their recently announced partnership creates a wide range of synergies, said Lithia president and chief executive Bryan DeBoer.   Lithia is keenly interested in Shift’s used-vehicle procurement technology, which is key to both companies’ growth strategies, DeBoer said.   Shift, based in San Francisco, […] [Read More]

Store personnel that leverage Auto/Mate Dealership Systems now do not have to toggle between screens as they complete their work for customers. On Monday, Auto/Mate announced the integration of its DMS with Kelley Blue Book Values. Auto/Mate customers no longer have to visit another website or utilize a separate application to calculate the value of […] [Read More]

AGORA Data is responding to the need for accurate information involving seasoned vehicle installment contracts. On Monday, the secondary loan marketplace announced what that company believes is the release of the first-ever loan validation report for seasoned loans. AGORA’s proprietary technology can enable dealer and finance companies to avoid compliance issues with the Truth in Lending Act […] [Read More]

Secure Collateral Management already announced the skip-tracing and collateral recovery provider was moving into a new headquarters. And then Monday, Secure Collateral Management and MBSi Corp. — a member of the Automotive Intelligence Council and provider of repossession assignment software and vendor compliance solutions — announced they are expanding their partnership. Secure Collateral Management will […] [Read More]

Used Car Week 2018 is straight ahead. Along with finalizing plans for the industry-leading gathering in Scottsdale, Ariz., Cherokee Media Group also is preparing to build off of the sterling foundation established during the inaugural Automotive Intelligence Summit. Experts and entrepreneurs from the fintech space and beyond as well as members of the Automotive Intelligence […] [Read More]

Technologically forward consumers often order their coffee ahead of time and pick it up at the counter, spending less time in the shop than it took you to read this sentence. Well, Dealertrack wants to help dealerships and finance companies serve those consumers who want to purchase an SUV nearly as fast as that latte. […] [Read More]

Manheim has been expanding its mobile auction offerings across a wide swath of the country, with its growth moves dotting the map like the combined footprints of the ACC, Big Ten and SEC. The expansions in the mobile auction network, which span the Northeast, Midwest, Mid-Atlantic and Southeast, come amid demand from dealers and commercial consignors […] [Read More]