More than a year later, Hurricane Harvey still is influencing how wholesale prices and used-vehicle sales are analyzed. The record-setting storm that blasted Texas created comparisons that might make metrics appear odd. According to ADESA Analytical Services’ monthly analysis of wholesale used-vehicle prices by vehicle model class, wholesale used-vehicle prices in September averaged $10,981 — […] [Read More]

This autumn truly represents a season of change for Secure Collateral Management (SCM), a provider of skip-tracing and collateral recovery. SCM is moving its corporate headquarters into a new state of the art facility this fall. Company management highlighted this new corporate office, located in the Lake Highlands area of Dallas, will have the latest […] [Read More]

Dealer Inspire is officially an established Canadian business. The company, which was purchased by Cars.com in February, provides automotive tech and digital marketing solutions. Dealer Inspire is headquartered in Naperville, Ill., and has been partnering with Canadian dealers for five years. It works with roughly 300 dealers there already, along with being a certified provider […] [Read More]

Canadian classifieds site Kijiji has announced a new standalone car-shopping platform: Kijiji Autos. The platform is separate from the company’s existing automotive business (a space it has been in since 2005) and is an all-new automotive research and shopping destination with its own website and app. “Our goal at Kijiji has always been to help […] [Read More]

Dealers hailing from the land of the Midnight Sun and harsh winters now can offer their customers extra protection to help vehicles last longer. On Thursday, Preferred Warranties (PWI), a business unit of KAR Auction Services, announced the company’s expansion into Alaska. In Alaska, PWI has partnered with American Auto Shield to offer a broad portfolio of […] [Read More]

The monthly update surfaced earlier this week about how auto-finance defaults improved again. Perhaps that trend stems at least in part to less subprime paper flowing into portfolios. The latest metrics shared by Equifax indicated that 2.78 million contracts were originated through June to consumers with a VantageScore 3.0 credit score below 620 — accounts that […] [Read More]

Cox Automotive continued to build its Women With Drive initiatives across the globe in celebration of the work women accomplish in the automotive industry every day. This past Monday, more than 125 company employees gathered together at the Mississauga Convention Centre for Cox Automotive Canada’s fourth Women With Drive event. The company described the initiative […] [Read More]

J.D Power announced earlier this week that it has teamed up with Reputation.com for a partnership it says provides a “more holistic view of customer feedback,” giving clients — like car dealers — a way to provide a better experience to consumers. Their collaboration will utilize the consumer research, data analytics and advisory capabilities of […] [Read More]

HyreCar now has plans in place when traffic or parking infractions happen involving vehicles associated with its marketplace for ridesharing. On Wednesday, HyreCar announced that it has formed a strategic partnership with TIKD, a leading liability management solutions provider to the shared mobility industry. TIKD plans launch a ticket management pilot program for HyreCar vehicle […] [Read More]

TradeRev — sponsor of the Used Car Awards Luncheon during Used Car Week 2018 — announced the release of the company’s new MOVE METAL service options for sellers. TradeRev highlighted the offering includes three customized tiers ranging from self-service to full-service, all aimed at helping dealers sell unwanted inventory faster and easier. Also offered is […] [Read More]