DAA Northwest has confirmed that singer, songwriter John Fogerty will take the stage for a special performance at the upcoming Rock & Roll Sale on July 18. The auction announced that Fogerty will perform for dealers on the first night of the annual two-day sale during its promotional event sale, DAA After Dark, last month.  "John Fogerty has been at […] [Read More]

In celebration of its inception 75 years ago, Manheim Darlington most recently commemorated it's over seven-decade history by hosting a May Diamond Jubilee Sale that followed four other special sales. Founded originally as Clanton’s Auto Auction back in 1943, Manheim Darlington has grown from a single-lane operation to an auction with a total of 12 lanes and digital channels that can turn up to […] [Read More]

The sales and marketing team at KCI Kansas City performed a live remix of Big & Rich's “Save a Horse” music video to announce that the band will headline this year's Guitars & Cars event scheduled for Aug. 15 and Aug. 16. While the Big & Rich's music played across the auction arena prior to its recent Fish […] [Read More]

Compared to a new vehicle, a certified pre-owned vehicle purchase can be a more attractive and affordable alternative for consumers interested in driving both mass-market and luxury vehicles. All month long, Cars.com has voiced strong consumer demand for CPO vehicles, noting that dealers have an opportunity to attract more of these buyers, as part of the site's second annual Cars.com CPO Month. Dealers […] [Read More]

Along with giving a rundown of the latest wholesale price movements, this week’s Black Book Market Insights report gave some perspective on a pair of factors shaping what dealers are buying at auction nowadays and why. First off, editors noticed continued stabilization of prices for the majority of car and truck segments. Black Book indicated […] [Read More]

Vehicles aren’t the only industry merchandise that recently rolled over the curb in the Atlanta market. Haig Partners represented Ken Page and Scott Smith, principals of Automotive Associates of Atlanta (AAA), in the sale of two of their six Atlanta dealerships to Asbury Automotive Group and Jim Ellis Automotive Group.  Asbury has acquired Toyota of […] [Read More]

A new Fitch Ratings report shared results of internally conducted stress tests that likely won’t please recovery managers, but these findings nevertheless cannot be ignored by any finance company, regardless of size. Fitch explained that falling used-vehicle values and swelling supply are set to continue at least through next year, which will lead to worsening […] [Read More]

Machines might be handling more queries from auto finance company customers with potential results that human representatives continually strive to reach but perhaps fall a little short. One of the experts who spoke during the International Auto Finance Network Conference hosted by White Clarke Group back in January described how this approach uses artificial intelligence to […] [Read More]

Through advancements in machine learning, auto finance companies now have another tool to answer one of the most important questions during the underwriting process. PointPredictive recently released its newest product — Income Validation Alert — a solution that can offer a real-time predictive assessment of an applicant’s stated income. If that income appears to be […] [Read More]

The compliance education and training offerings from Recovery Industry Services Company (RISC) just became much more robust. On Tuesday, RISC announced the acquisition of Recovery Standard Training, which is curriculum created and maintained by Hudson Cook. Officials highlighted the program will soon be added to RISC’s CARS certification and continuing education programs. Hudson Cook will […] [Read More]