The SHiFT Vehicle Retirement Initiative, a global social enterprise committed to helping consumers and companies recycle end-of-life vehicles with environmentally responsible protocols, has hired former Amazon executive Chapin Griffith as its first director of vehicle retirement services. Griffith, who began his new position in October, spent the past three years as Amazon’s senior product manager […] [Read More]

Perhaps someone at your Thanksgiving dinner table made the comment, “What a difference a year makes.” Maybe the team of analysts at Black Book said the same thing when the group determined wholesale values dropped by just 0.29% last week. That’s because a year ago when the industry celebrated the holiday of giving thanks, values […] [Read More]

SIXT USA, a subsidiary of mobility company Sixt SE, has reached a milestone. The rental car brand opened its 50th U.S. airport location at John Wayne Airport in Orange County, Calif., with a ribbon-cutting ceremony attended by SIXT leadership and local officials. The new location gives SIXT, which launched its U.S. operations in 2011, a […] [Read More]

Location Services, an Indianapolis-based forwarding company in the servicing segment of automotive, said Tuesday it has acquired Strategic Remarketing Solutions, which is a forwarding and remarketing company. In a news release, Location Services CEO Jerry Kroshus said, “We are thrilled to have the SRS team join our organization. SRS’s penetration into the regional bank and […] [Read More]

Reynolds and Reynolds is going big for the auto retail industry’s biggest event. The dealership software provider announced its plans for the National Automobile Dealers Association’s NADA Show, coming up Jan. 23-26 in New Orleans, including multiple product launches and its largest expo presence to date. Among the tech tools to be unveiled at NADA […] [Read More]

Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is designed to offer direct financial assistance to clients struggling to meet their car payments. If […] [Read More]

Perhaps this proposal from the Consumer Financial Protection Bureau (CFPB) is an idea that everyone can support. The bureau on Tuesday proposed a rule that it said will rein in data brokers that sell Americans’ sensitive personal and financial information. Officials explained the proposed rule would limit the sale of personal identifiers like Social Security […] [Read More]

National Lenders General Agency announced on Tuesday that it now has designation as a licensed risk management agency in Texas, marking a significant step forward in the company’s mission to meet the evolving needs of buy-here, pay-here dealers and independent auto finance companies. National Lenders now can provide CPI and risk management advisory services tailored […] [Read More]

Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In a news release, the Toronto-based college said the new requirement, which took effect for the […] [Read More]

IAA’s global operation, which serves more than 170 nations, is adding one more. IAA’s parent company, RB Global, announced the digital marketplace has entered into a market alliance with North America Trading in the Middle Eastern country of Oman. “North America Trading has an excellent reputation and team located in Oman who will help IAA […] [Read More]