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]

ADESA Indianapolis of Plainfield, Ind., has won the National Auto Auction Association title of Midwest Chapter Auto Auction of the Year and is now in the running for the top NAAA honor, the Auto Auction of the Year Award for Excellence in Community Service. The auction is the third of four total NAAA chapter winners the […] [Read More]

There’s no doubt about it. Independent auto auctions certainly face a challenge from the growth of corporate counterparts Cox Automotive and KAR Auction Services, which are the parent companies of the Manheim and ADESA auction chains, respectively. But folks like Brandon Walston, the general manager of the independent San Antonio Auto Auction, also see the […] [Read More]

ADESA announced Tuesday that it has named Brenda Aden general manager of its ADESA Brasher’s location. Aden who joined ADESA in 2010, will transition from ADESA Las Vegas GM — a role she’s held since 2016. Not only has ADESA Las Vegas been recognized as a Best Auto Auction to Work For by Auto Remarketing […] [Read More]

St. Louis drivers can now choose to access a new fleet of available vehicles offered through a vehicle subscription service created by the Lou Fusz Automotive Network. The company announced Tuesday that it has launched the Fusz Select program, through which members who join can pay a monthly fee for access to thousands of vehicles. “We’ve seen subscription services emerging […] [Read More]

An operation with deep roots in buy-here, pay-here is rolling out a solution within the alternative-data space. Tricolor, one of the nation’s largest used-vehicle retailers focusing on Hispanic consumers, announced that it has reached a licensing agreement with WorkRecords to broaden the company’s platform and develop what leaderships contends will be a proven and reliable […] [Read More]

Following up from arranging a strategic partnership with the National Independent Automobile Dealers Association, HyreCar — the carsharing marketplace for ridesharing — announced on Tuesday that it is expanding its unique dealer focused “path to ownership” program with stores in six different cities throughout the United States. The development potentially adds more than 500 vehicles […] [Read More]

What evidently started with a tweet by Elon Musk took another, more asserted turn on Tuesday. Tesla announced that its board of directors has formed a special committee comprised of three independent directors to act on behalf of the company in connection with Elon Musk’s previously announced consideration of a transaction to take the company […] [Read More]

Senior U.S. District Judge for the Southern District of New York Loretta Preska issued an opinion on June 21 that has set the consumer finance world atwitter, sparking discussions of a potential review by the Supreme Court. In her opinion, Preska, a 1992 George H.W. Bush appointee, ruled that the structure of the Consumer Finance […] [Read More]

At a time when many people are inside trying to dodge the high temperatures, drivers interested in shopping certified pre-owned vehicles may find coming out and facing the summer's heat this August worth their while. Autotrader has come out with its latest list of top CPO deals that consumers can take advantage of all month long. This month's list includes an enticing […] [Read More]