A former high-level executive at United Auto Credit now has an important role at Veros Credit. Veros Credit announced on Friday that the subprime auto finance company appointed Ravi Gandhi as chief strategy officer in a move that became effective on May 1. The company said Gandhi will lead enterprise-wide strategic initiatives and work closely […] [Read More]

Fueled in part by what analysts deemed to be higher-risk consumers, auto insurance shopping in the first quarter increased 10% compared to the same period in 2024, according to TransUnion research. And Mercury Insurance reiterated that credit scores can be one of the top five factors impacting rates. While the trend of elevated shopping levels […] [Read More]

J.D. Power has a new president and CEO. The company announced Friday that it hired Joshua Peirez for the top leadership post and that Dave Habiger, who had held the role since 2018, will take on the vice chairman position. Habiger will assist Peirez in the transition. Peirez was most recently CEO and director at […] [Read More]

Continuing an ongoing conversation with consignors, this episode of the Auto Remarketing Podcast originating from this spring’s Auto Intel Summit highlights how these wholesale market participants are leveraging innovation. Sharing their perspectives are John Urness of JPMorgan Chase, Stevo Trpovski of Ally, Kelsey Summs-Chitwood of Summs Skip and Collateral Solutions and Tom Gerst of TD […] [Read More]

A quartet of auction executives discussed remarketing in the “innovation era” during this spring’s Auto Intel Summit. Now available through this episode of the Auto Remarketing Podcast, addressing this topic are Greg Borowski of ACV Auctions, Nikki Behrens of ADESA, Joe Kichler of Cox Automotive and Chris Angelicchio of the ServNet Auction Group. Listen to […] [Read More]

The Consumer Financial Protection Bureau certainly isn’t what it was a few months ago, as shown by the recent decision to withdraw several rules and other guidance. Well, state-level regulators are now intensifying their efforts, with one example coming from Pennsylvania in a move officials said was to “fill the void left by weakened federal […] [Read More]

F&I Sentinel chief product officer Kat Venner-Fowler acknowledged data can cause multiple compliance problems. But Venner-Fowler emphasized that data also can be the path to compliance solutions. Venner-Fowler elaborated about the subject during an appearance on the Live Stage presented by SYCN Auto Logistics at this spring’s Auto Intel Summit. The conversation is part of […] [Read More]

United Road has promoted one of its own to lead it. The company, which claims the title of North America’s largest provider of finished vehicle logistics, has named Ryan Kraft as its new CEO, citing his “dynamic vision and deep institutional knowledge.” Kraft has been with United Road for more than 15 years, rising through […] [Read More]

Automakers’ sales expectations for 2025 are lower than the previous year’s, according to a survey conducted by dealership advisory firm Kerrigan Advisors. The Kerrigan OEM Survey 2025, which queried 100 OEM executives from December 2024 to March 2025, showed a significant jump in the number of respondents expecting new-vehicle sales to drop this year. While […] [Read More]

Despite changing political winds related to electric vehicles, a consortium of automakers is still committed to its ambitious plan to build a nationwide electric vehicle charging network, a member of the consortium told Auto Remarketing. “At the beginning of the year we had a heart-to-heart discussion with IONNA, and we assured them that we are committed to expansion,” Orth Hedrick, specification analyst at Kia America, told Auto Remarketing. Kia is one of eight automakers that have ... [Read More]