CARPROOF Corp. said Monday it will rebrand as Carfax Canada in October. Both CARPROOF and Carfax are owned by IHS Markit, and this move “further aligns” the two brands “to better serve its consumer and dealer customers by leveraging the globally known Carfax brand,” CARPROOF said in a news release. “We want our customers to […] [Read More]

Cars.com announced Monday that it has brought aboard Sachin Gadhvi to serve as vice president of growth marketing to oversee paid media, customer acquisition, SEO and organic traffic strategy and data strategy. Gadhvi most recently served as chief marketing officer for venture-funded auction marketplace Everything But The House (EBTH), where he significantly contributed to building […] [Read More]

Fraud is very much on the minds of finance companies nowadays. And for good reason, as LexisNexis Risk Solutions put a figure on how much fraud added to finance companies’ operational costs. According to the study titled, “2017 True Cost of Fraud for Financial Services," LexisNexis Risk Solutions found that for every dollar of fraud, financial […] [Read More]

First, I would like to thank Auto Remarketing and Cherokee Media Group for providing me this platform to weigh in on various economic and industry trends. But why choose a “Monty Python” line as the title?  Because it is my hope this column will offer a differing perspective. Not to be a contrarian just for […] [Read More]

At a recent AIADA board meeting, I took over as the AIADA chairman from my friend, Maryland dealer Paul Ritchie. In just a few weeks, I look forward to formally accepting the chairman’s gavel at the NADA convention in Las Vegas during AIADA’s Annual Meeting & Luncheon. As a Volkswagen dealer I am particularly interested […] [Read More]

Millions of vehicles are flowing out of leases into the used-car marketplace, and many will land on dealer lots. Challenging? Yes. But a blessing, too? Perhaps a huge one, if managed right. “The return of a record number of off-lease vehicles will be one of the biggest challenges dealers will face, but it’s also one […] [Read More]

CarMax and Credit Acceptance each had an executive among the honorees who are women leaders from companies on the FORTUNE 100 Best Companies to Work For and Best Workplaces for Women. Coinciding with the 107th International Women’s Day, Great Place to Work announced that among the 77 recipients were Corey Haire, who is the vice […] [Read More]

American Financial Services Association president and chief executive officer Chris Stinebert explained how AFSA organizes its annual Vehicle Finance Conference & Expo, which begins on Tuesday at the Bellagio in Las Vegas. “We plan this conference every year with input and feedback from our members,” Stinebert said. “They set the agenda based on the trends […] [Read More]

Wes Lutz lives in what he considers to be a “relatively rural area.” So the president of Extreme Chrysler/Dodge/Jeep, RAM in Jackson, Mich., owns a car that gets him where he needs to go. But when Lutz drives that car to another home he has in downtown Chicago, he keeps it parked and takes an […] [Read More]

Auto Remarketing’s Q&A with 2018 NADA chairman Wes Lutz — president of Extreme Chrysler/Dodge/Jeep, RAM in Jackson, Mich. — also covered his thoughts on the current climate and happenings in Washington, D.C., as well as Detroit. His responses to questions on the political/legislative environment and automakers, respectively, are below. Auto Remarketing: Is the political/legislative climate […] [Read More]