This week, STELLA Automotive AI appointed Jennifer Powell as its new vice president of operations, bringing more than two decades of leadership experience in operations, business transformation, program management, and organizational excellence. Powell most recently served as executive vice president of program management and operations with MRM. In her new role, Powell will oversee STELLA’s […] [Read More]

The latest edition of CreditGauge from VantageScore contained multiple metrics executives and managers could see as positives, including delinquency in auto finance. VantageScore reported for its July installment that each of its three segments of auto delinquency remained stable compared to the previous month and year. Here’s the breakdown: 30-59 days past due: 2.33% in […] [Read More]

It’s a bit of a Catch 22. The two used-vehicle segments whose prices increased notably from July — luxury cars and the car segment (i.e. sedans, coupes, wagons, convertibles, etc.) — climbed for an ironic reason. They’re affordable. While used prices of most segments were flat month-over-month in August, car segment prices were up 1.0% […] [Read More]

Using artificial intelligence models can go a long way toward helping auto auctions exponentially increase productivity as they save money on some parts of their operations. But to reap these benefits, companies have to use the technology in the right ways. The following are some AI best practices that help users get the most out […] [Read More]

There’s no doubt that AI is everywhere these days — and across all industries, organizations are looking for ways to best take advantage of the technology. Auto auctions are no exception, and companies have made AI part of their business in numerous ways. The following are some examples of how AI is changing the way […] [Read More]

CDK will have a new chief executive on Oct. 5. The company said Thursday that Sudhakar Ramakrishna will become its president and CEO, succeeding the retiring Brian MacDonald. Ramakrishna, who was most recently CEO of SolarWinds, will also become a member of CDK’s board of directors. MacDonald will serve as a senior strategic advisor to […] [Read More]

Fletcher Jones Automotive Group has completed its exit from Northern California with the sale of Porsche Walnut Creek to Sonic Automotive, according to a news release from The Presidio Group, its advisor on the sale. “In recent years, we’ve taken steps to hone our dealership portfolio to focus on the markets that best align with […] [Read More]

Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed in today’s car business. Lotlinx is seeing used- and new-car inventory levels rising and pageviews […] [Read More]

The decline in Canadian wholesale vehicle values last week slowed from the previous week but still remains above the pre-COVID average. And sales rates at auction were hamstrung by a few market values, coming in just above 18% for the week. That’s according to the latest Market Insights report from Canadian Black Book, which said […] [Read More]

Data from Experian’s State of the Automotive Finance Market Report: Q2 2026 might show why this scenario has unfolded with greater regularity. Dealerships and finance companies could have suggested to their special finance customers to maintain higher payments on their initial loan with the recommendation of refinancing the contract about 24 months later. Experian reported […] [Read More]