Not only did the Canadian Black Book Used Vehicle Retention Index beat year-ago figures by more than 3 percent in March, it tied an all-time record. Canadian Black Book shared the index report earlier this week, noting that the 103.0 reading for March was on par with the best-ever tally in December. It was a 3.2-percent […] [Read More]

Uber has given Torontonians access to the data it collects from trips across the city daily. Via the company’s new Uber Movement tool, residents and city planners can now make decisions using traffic pattern information captured during the company’s GPS-tracked trips. Along with hearing from different cities that access to Uber aggregated data could help […] [Read More]

Four of the industry associations with significant presence on Capitol Hill celebrated on Wednesday after the U.S. Senate passed a Congressional Review Act Resolution (S.J. Res. 57) to repeal the 2013 Auto Finance Bulletin issued by the Consumer Financial Protection Bureau. To recap, industry representatives maintained that the CFPB’s 2013 Bulletin on indirect auto financing […] [Read More]

One of the faces well known with Ally Financial’s auto finance business is leaving the company as part of key leadership changes announced on Thursday in association with changes to its auto finance, insurance and risk management organizations. According to a news release, Doug Timmerman has been named president of auto finance and will assume […] [Read More]

While a large number of American tax filers were abandoned by the Internal Revenue Service’s website just hours before this year’s deadline, many Americans — including plenty of millennials — claim to have filed before the end of March. It turns out that not only did millennials say they were filing early, but to a great degree, many say they will spend their […] [Read More]

Another example of industry cooperation in the repossession world came to light on Wednesday. Consolidated Asset Recovery Systems (CARS) announced that the forwarding company has integrated its IBEAM repossession and remarketing compliance portal with the Clearplan dashboard used by repossession agents to manage work assignments from their vehicles. CARS explained its real-time connectivity can streamline […] [Read More]

One of the many expert speakers who shared valuable information to dealers and other attendees during this year’s Auto Remarketing Canada Conference made a major announcement on Wednesday. According to a letter posted on the company’s website, Convertus co-founder and managing partner Kevin Gordon announced that the company has officially partnered with the TRADER Corp. […] [Read More]

Cox Enterprises, the parent of Cox Automotive, has named Maury Wolfe as its new senior director of corporate social responsibility and public affairs to lead both community and employee-action programs that support the company’s sustainability program — Cox Conserves. Most recently, Wolfe worked for the InterContinental Hotels Group (IHG), where she oversaw sustainability across more than 5,000 hotels as […] [Read More]

Since Carvana retails used vehicles online, evidently the company wants to make sure its inventory is highlighted in one of the most state-of-the-art ways possible. According to an announcement distributed on Tuesday, Carvana has acquired fellow technology innovator Car360, accelerating Carvana’s 360-degree photo technology capabilities with 3D computer vision and augmented reality (AR). More than five […] [Read More]

Nissan dealers can continue to highlight the benefits of satellite radio in many of the automaker’s vehicles — including certified pre-owned models. On Wednesday, SiriusXM announced an agreement with Nissan North America that extends the ongoing relationship between the two companies for five more years and through the 2023 model year. Nissan and INFINITI customers […] [Read More]