Insurance Auto Auctions announced Thursday the launch of its newest auction channel for targeted buying and selling — Ignite Auction — in conjunction with the grand opening of its IAA Ignite Auction location in Portage, Wis. Via IAA Ignite, sellers can consign vehicles utilizing the platforms suite of auction channels, IAA Live and Online, IAA Timed Auctions and […] [Read More]

A 2018 Chevrolet Corvette Carbon 65 from GM Financial, one of only 650 limited edition vehicles produced to commemorate the Corvette’s 1953 debut., was auctioned off at ADESA Los Angeles on Jan. 25. GM Financial said Wednesday that the amount the special vehicle sold for is currently undisclosed, however, Chevrolet's first retail production model of the […] [Read More]

Autotrader announced a revamp of the car-shopping site Monday with five key upgrades, including online deal-making. This would will allow consumers to start the buying process online through Autotrader and help “move shoppers from searching to buying when they are ready,” the company said. Additional upgrades include seamless cross-device car shopping, the integration of the Kelley […] [Read More]

Digital Air Strike’s Mystery Shop Study released Thursday found that more often than not dealers could be losing leads because of the poor and slow responses inquiring shoppers receive online. When it comes to responding to internet shoppers, more than 18 percent of the stores never responded to shoppers, only 16 percent responded within 15 minutes and the […] [Read More]

In addition to building its editorial team, Auto Remarketing parent company Cherokee Media Group has also continued to develop its events team roster for 2018 and beyond. Longtime events leaders Marilu McQuilkin, who celebrated 10 years with the company in 2017, has been promoted to the role of Senior Director of Events & Marketing for […] [Read More]

NADA has launched a Women in Automotive video competition that will award 10 Apple Watches to top submissions just ahead of the NADA Show in March. NADA said there are now more opportunities for women to create lasting, impactful careers in automotive retail than ever before, and this competition is meant to highlight that progress. […] [Read More]

Sheehy Auto Stores announced Friday that its dealerships in the Washington, D.C. area, Baltimore and Richmond, Va., raised $150,000 for 22 local charities as part of Sheehy's annual giving program. The company said that each of its dealerships partnered with local non-profit organizations to give both time and money. In addition to the total $75,000 Washington, D.C. area charities […] [Read More]

Coming on the same day KAR Auction Services named a new president at ADESA, another business unit within the company made a trio of promotions. PAR North America, a leading U.S. provider of vehicle transition services with coast-to-coast solutions for recovery management, skip-tracing, remarketing and title services, announced the promotion of several key leaders. PAR […] [Read More]

Investment firms continue to push funds into the auto finance space. Not long after defi SOLUTIONS landed $55 million, Innovate Auto Finance — a purchaser and servicer of automobile loan portfolios and provider of line-of-credit financing — said it has been retained by a multinational investment firm to source $50 million worth of subprime auto […] [Read More]

The Alberta Motor Vehicle Industry Council board of directors announced Wednesday that Malcolm Knox has been named as the organization’s chief executive officer, effective Jan. 29.   AMVIC said Knox is both a highly organized strategic thinker and analytical problem solver with experience in the private and public sectors. “Mr. Knox has extensive qualifications and executive experience, […] [Read More]