For this episode of the Auto Remarketing Podcast, Nick had the opportunity to learn more from a pair of experts at FICO who elaborated about the findings of the company’s first global survey on consumer perceptions of the automotive finance process. Included in the episode are Ken Kertz, senior director and practice leader of auto […] [Read More]

A pair of monthly wholesale market trackers showed price increases in July, propelled in part by what trucks and utilities are fetching in the lanes nowadays. How are dealers reacting? Well, one weekly sale observer described the scene as “many buyers were left shaking their heads.” So let’s get into the numbers of what’s leaving […] [Read More]

ACERTUS, formerly known as MetroGistics, has been named one of the 150 Top Workplaces by the St. Louis Post-Dispatch. To determine its list of winners, ACERTUS said that the newspaper surveyed a total of 44,000 people. In addition to exuding effective leadership, strong values and clear direction, ACERTUS was recognized for its employee amenities such as […] [Read More]

Columbus Fair Auto Auction is gearing up for its upcoming charity event and its largest GM Financial sale next week, the auction announced Wednesday. In just a few days, the auction will host the 32nd Annual William Jacobs Memorial Golf Outing in support of the Columbus City School’s Eastmoor Academy football field re-sodding project, Columbus Zoo […] [Read More]

The numbers foretell how dramatic inventory planning must change if dealers want to keep their used-car lots filled. Decreasing new-car sales, declining lease originations and consumers keeping vehicles longer are together tightening the supply of used cars. New-car dealers feel the pinch, and so too do independent and buy-here/pay-here (BHPH) operators. Some say the car business […] [Read More]

GfK announced Monday that it has chosen former Cox Automotive director of research and market intelligence Jim Ehrlich to join its Auto Syndicated study team in Los Angeles. As a new senior vice president and account manager at GfK, Ehrlich will primarily work with West Coast automotive clients, the research firm said in a news […] [Read More]

Amid a shortage of qualified automotive technicians in the country, Mercedes-Benz USA announced Monday that it has launched a new partnership with Jefferson Community and Technical College (JCTC) in Louisville, Ky., to help address the current need for more skilled technicians in the U.S. This news comes just about a year after MBUSA introduced Mercedes-Benz […] [Read More]

As much as iPads, artificial intelligence and consistently updated software proliferate auto financing, the J.D. Power 2018 U.S. Dealer Financing Satisfaction Study released this week maintained just how important people remain. J.D. Power found that dealers are leaning heavily on the credit staff and sales reps as they covet immediate funding and problem resolution within […] [Read More]

Payment technology provider BillingTree recently announced Jason Hiland has been appointed vice president of sales and business development for ARM and financial services. In this newly created position, Hiland oversees sales operations and initiatives to expand electronic payment and technology adoption to a broader audience of banks and credit unions of all sizes, auto financers […] [Read More]

On Wednesday, Momentuum BPO highlighted that the company strengthened its FileAssure solution through a partnership with Canadian Black Book. Officials explained that trustees using FileAssure across Canada will gain access to client vehicle values via Canadian Black Book’s data set. “We are always listening to the needs of the insolvency industry and looking for ways […] [Read More]