How this year’s atypical spring market is unfolding left its stamp again on Black Book’s latest depreciation update. According to Black Book data, the average price of a used vehicle for model years 2012 through 2016 depreciated in value by 0.4 percent, an improvement from February’s level of 1.1 percent due to a continued stronger-than-expected spring […] [Read More]

The auto industry relationship involving Jim Calvert and David Gryglewicz dates back several years, and now the pair has collaborated to form a new company designed to improve repossessions, recoveries and remarketing. This new operation — ENDTRUST — looks to provide all the administration and management performance oversight offered through the forwarding model, while returning the […] [Read More]

Enhanced technology not only makes vehicles more enjoyable for owners to have, but it also must be considered as finance companies structure their underwriting to account for the value of these features. Strategy Analytics recently released a study showing how smartphone mirroring features Android Auto and Apple CarPlay have become far more widespread across model […] [Read More]

Dealers now have another option for helping their potential customers learn about their financial capacity as their searching store inventory. Automotive website and digital marketing company Dealer eProcess recently announced that it has signed with CreditMiner for soft pull technology, delivering a brand-new digital retailing tool, Smart Automotive Retailing Assistant (SARA). The company highlighted this 3-in-1 […] [Read More]

After driving over 40 vehicles through a series of exercises on a 2.5-mile racetrack, members of the Texas Auto Writers Association (TAWA) voted for Lexus and Chrysler to take home the top two awards at this year’s Texas Auto Roundup. Over the course of two days, 49 TAWA members learned about a total of 46 different […] [Read More]

Data driven insights are increasingly bringing new perspectives on the usefulness of long-established processes and practices. Over the last few years, MBSi Corp. has begun to dive deeply into the tens of millions of repossession-related data points contained within its iRepo database in an effort to discover new insights, uncover inefficiencies and challenge long held […] [Read More]

For the second time this month, Hearst Autos has made a significant move associated with Car and Driver in an effort to boost dealership sales activities. On Tuesday, Hearst Autos announced today that it has joined the CDK Global Partner Program, one of the largest, third-party partner programs in the automotive industry. The partnership is […] [Read More]

A wide array of KAR Auction Services companies and employees are finding ways to show support for individuals and families impacted by the April 6 crash in Saskatchewan involving the Humboldt Broncos junior hockey team. On Wednesday, TradeRev is hosting an online charity auction in which a 2014 Harley-Davidson FXDF Fat Bob will be on […] [Read More]

A trio of executives from Primeritus Financial Services described how much it meant to receive a special honor from Ally Financial. On Tuesday, Primeritus, a leading provider of recovery management, skip-tracing and remarketing services for the auto finance industry in the U.S., announced that it has received Ally Financial’s 2017 Supplier of the Year Award. […] [Read More]

This year’s Barrett-Jackson Palm Beach Auction brought a total of $39.4 million in sales, as well as a record-breaking more than 700 new bidders. Barrett-Jackson announced this week that along with selling a total of 692 vehicles that brought in more than $38.3 million, 380 pieces of automobilia and the sale of charity vehicles raised […] [Read More]