HGreg.com announced Monday that it has appointed Chase Sattler as vice president of operations and Soledad Gonzalo as the company’s new regional marketing director. This follows news from last month that the company opened its third location, the new HGreg.com Broward store in West Park, Fla. Along with the HGreg.com Broward dealership, the company operates […] [Read More]

In many ways, the spin-off of Insurance Auto Auctions that KAR Auction Services is pursuing comes down to simplifying things. That is, for both investors and the entities themselves. KAR made the announcement in late February, explaining that the proposed tax-free spin-off is designed to “increase shareholder value and focus each company’s strategic priorities on […] [Read More]

DealersLink announced Tuesday that it will introduce a new pricing tool at the upcoming 2018 NADA Show in Las Vegas that gives dealers an affordable way to monitor and manage new-car pricing. To see a demonstration of the new-car pricing tool, visitors can meet with DealersLink dealer consultants at booth 337N. “We’re offering the most affordable new-car […] [Read More]

As you know if you’ve filled out a bracket for the NCAA tournament, basketball teams such as Villanova, Duke and Kentucky will need six victories in a row to claim a national championship. Or a similar streak that Black Book has seen involving wholesale prices of cars versus trucks. The latest Black Book Market Insights […] [Read More]

Manheim announced Wednesday that this summer, it is launching a new and free 24/7 option within the Manheim Marketplace — Manheim Express. The mobile application for dealers provides a fast and easy way to list and sell inventory directly from lots or in-lane. In addition to the new ManheimExpress.com, the Manheim Marketplace, which experienced 58 million […] [Read More]

Lee Cookman, director in the fraud and identity solutions department at TransUnion, described how auto finance providers are having an “awakening.” It’s one likely more jolting than that 4 a.m. wakeup call in order to catch the first flight of the day. The startling alarm Cookman and TransUnion found blaring is the spike in auto […] [Read More]

This week, two providers of vehicle service contracts enhanced their relationships with finance companies that often cater to consumers who fall into the subprime credit space. First, GWC Warranty, a provider of vehicle service contracts sold through dealers, announced a strategic alliance with Nicholas Financial, a provider of direct consumer loans and installment sales contracts. […] [Read More]

On Wednesday, Payscout — one of the fastest growing privately held global payments processing providers in the U.S. — announced the launch of Condor, a new payment portal that can facilitate frictionless payment processing transactions between a business and its debtors through a front end portal, increasing efficiency without impacting live agents. The Condor payment […] [Read More]

RouteOne and MaximTrak are continuing to respond to consumer demand for streamlined, digital completion of vehicle delivery. On Wednesday, the companies announced they tried to enhance the consumer experience with the ability to include MaximTrak aftermarket documents in the RouteOne eContracting package for a single, electronic customer signing ceremony. Officials believe this functionality can enable […] [Read More]

From dealers to auction executives, from leading professionals at third-party providers and auto finance companies — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early age. That’s why for the fourth consecutive year, Auto Remarketing Canada is excited to honor […] [Read More]