While phone calls remain an important tool for collectors and skip-tracers at auto finance companies, the Federal Trade Commission told the U.S. Senators last week that the agency “is using every tool at its disposal to fight” illegal robocalls. Appearing at a hearing hosted by the Senate Committee on Commerce, Science and Transportation, Lois Greisman, […] [Read More]

Copart announced Tuesday that the company has plans to add 20 acres of land to its Minneapolis location. "This new expansion adds twenty acres of land to support our clients in Minnesota," Copart chief executive officer Jay Adair said in a news release.  "We're proud to continue providing convenience and coverage to auto service providers and […] [Read More]

Dealers who employ the Selly Automotive CRM can now make critical inventory decisions with the help of a newly added market intelligence tool for inventory and pricing. The company announced Friday that it has partnered with VINFactor to make its market intelligence tool available to dealers via the Selly Automotive CRM. “We have been working […] [Read More]

Though up more than 13 percent from February, the number of late-model units hitting the auction lanes in March continued what’s looking like a slowdown from 2017. According to the latest Guidelines report from J.D. Power Valuation Services, late-model auction last month was down 11.7 percent year-over-year.   While the year-to-date decline eased from February […] [Read More]

When Brenna Stansberry got out of high school she could have joined the family used-car business, Park Marina Motors. But she joined the Navy. “The car business was stressful, and I saw that in my parents,” said Stansberry, who later had a family, joined the business and is now the owner of the Redding, Calif., […] [Read More]

As RVI Group and J.D. Power Valuation Services each saw wholesale prices moved higher in March when compared to the year-ago readings, a forecast for how prices might behave in April is indicating that analysts might not have to switch many figures from their previous-year report. According to the newest edition of Guidelines, analysts pegged […] [Read More]

As the online used-vehicle retailer shared some preliminary estimates of its first-quarter performance, Carvana announced another partnership on Tuesday; this time with SpringboardAuto. Carvana and SpringboardAuto have teamed up to offer SpringboardAuto customers a seamless, end-to-end vehicle finance, purchase and delivery experience for Carvana’s national vehicle inventory of more than 11,000 units. Officials indicated the […] [Read More]

Perhaps as some dealers hesitate to bid when prices climb before the hammer falls, compact cars continue to keep ringmen busy when those units roll over the block. The latest Black Book Market Insights report showed prices for compact cars have climbed by 3 percent during the past six weeks. And Black Book executive vice […] [Read More]

Thanks to in-car technology, the modern vehicle often doubles as an infotainment center or satellite office. And with Amazon’s latest foray in automotive, certain cars can now moonlight as your mailbox or package receiving center. On Tuesday, the tech giant announced an expansion of its Amazon Key in-home delivery/keyless guest access platform to include in-car delivery. […] [Read More]

LotLinx announced Tuesday that founding IAB Chairman Rich LeFurgy will join the company's board of directors. The company said LeFurgy, who has been an adviser or investor in over 60 digital advertising companies, brings expertise with programmatic data, mobile, social and AI, including over 20 years of experience in advertising. LeFurgy currently serves as general partner and founder […] [Read More]