The International Automotive Remarketers Alliance had a golf outing planned for its 2018 IARA Summer Roundtable in August, and decided to use the event to honor Ken Osborn, the late general manager of ADESA Dallas who passed away early this year, and dedicate the net proceeds in his memory. Less than two months later, that […] [Read More]

XLerate Group Auctions has made two moves that the company’s chief executive says help the auction group “continue leading independent auctions beyond their physical lanes.” XLerate promoted Kelly McAllister to serve as executive director of digital strategy, while also hiring a digital manager of remote markets. Named to that position is Keith Fetz, who most recently […] [Read More]

UPDATED: Sixth paragraph corrected for clarity.  Jim Hallett talked about a lot more than just TradeRev during KAR Auction Services’ recent earnings call. During the third-quarter 2018 report discussed on Nov. 7, the KAR chairman and chief executive covered the company’s 11-percent third-quarter 2018 revenue increase, the proposed spin-off of its Insurance Auto Auctions (IAA) business, the […] [Read More]

AutoTec has added a new provider to its AuctionACCESS floor plan platform. The company announced earlier this month that XL Funding has been integrated into the platform, which gives XL Funding the ability to automatically send updated credit availability and flooring request messages to auctions that subscribe to AuctionACCESS. “With this integration, AuctionACCESS is now […] [Read More]

Overall used-car retail sales were up slightly more than 5 percent year-over-year in the third quarter, with franchised dealers, in particular, increasing sales by 2.37 percent, according to a report from Edmunds. But certified pre-owned sales in Q3 dipped modestly (1.20 percent) from the year-ago period. These were just some of the data points shared […] [Read More]

Not since the high-flying days of Michael Irvin, Troy Aikman and Emmitt Smith has Dallas … hosted the National Automobile Dealer Association convention. After a 28-year absence, Dallas will be the site of NADA Show in 2023, the association said Monday in a blog post. NADA held its annual convention there in 1995 and 1992. […] [Read More]

CarGurus is now a certified vendor in Jaguar Land Rover Retailer Marketing Program, making the online car marketplace a top recommended option for the automaker’s dealers for listings, search engine marketing and co-op programs. Jaguar Land Rover dealers can now tap into 100-percent co-op program reimbursement on all CarGurus products, with the reimbursement program being […] [Read More]

Subaru and Jaguar topped the overall mainstream and luxury brand categories, respectively, in ALG’s third annual Pre-Owned Value Awards announced last week, while Nissan and Mercedes-Benz led the individual model portion with three wins each. The 2019 Pre-Owned Value Awards, also known as POVAs, recognize the 2-year-old used vehicles that are expected to have the […] [Read More]

Intellaegis, which does business as masterQueue, announced today during Used Car Week it has named a new operational strategist.  The debt collection software company has named former Ally executive vice president Bill Ploog to its management team.  Ploog joins Intellaegis investor, chief strategist and former CoreLogix co-founder Steve Schroeder, as well as John and Perla Lewis, co-founders […] [Read More]

AI and data analytics company Digital Recognition Network (DRN) announced on Thursday that rather than go to trial on the issue of damages, Location Services and DRN have agreed on a settlement after Federal Court ruled in DRN’s favor.  Location Services LLC has paid DRN $325,000 on behalf of itself and DigitalDog Auto Recovery, following […] [Read More]