It’s been a week since Equifax acknowledged a cybersecurity incident where criminals exploited a U.S. website application vulnerability to gain access to certain files, potentially impacting approximately 143 million U.S. consumers. And experts like PointPredictive chief fraud strategist Frank McKenna are still processing the potential impact on auto finance of the unauthorized access that Equifax […] [Read More]

Eric Janca, who previously held national daily rental sales manager and national remarketing manager roles for FCA Canada, is now heading up lease maturity and remarketing at SCI Lease Corp. Janca moved into the position on Aug. 1, following three years as FCA Canada’s national remarketing manager, and then more than a year-and-a-half as its national […] [Read More]

After 35 years with the automaker, Linda Silverstein — Ford’s general manager of remarketing and rental operations — is retiring. A pillar of the used-car industry, Sept. 29 is the last day at Ford for Silverstein. She has led the automaker’s remarketing since October 2002 and headed its rental operations since January 2007.   Asked […] [Read More]

Tesla has been increasing its used-car sales this year, and based on discussion in its latest quarterly earning filing with the Securities and Exchange Commission, that trend will likely continue. And when looking at Tesla’s volume in the auction lanes, those numbers have increased, as well, albeit from a small base. According to data that […] [Read More]

Before he joined the board at Vast this summer, Paul Johnson had the chance to re-connect with the company about a year ago. Johnson, who was at the helm of Kelley Blue Book from 1999 to 2012, had known the folks at Vast from his KBB days. In fact, Vast — which many may know […] [Read More]

As Edmunds offered five suggestions for how to spot a flood-damaged vehicle, new research from Carfax released on Wednesday suggested that drivers may be behind the wheel of more than 325,000 previously flooded vehicles. Analysts computed that number is a 20-percent increase from 2016. Carfax also compiled a list of 10 states that have the […] [Read More]

Edmunds announced Wednesday that it has struck a new content collaboration deal with The Associated Press to produce articles for its "Behind the Wheel" column. Edmunds has signed on to provide weekly content to the AP column, which covers vehicle comparisons, car shopping tips, consumer advice and expert automotive opinions. "This collaboration makes perfect sense, […] [Read More]

Lease transfer approvals in August nearly hit what Swapalease.com classifies as “healthy.” The site reported on Wednesday that vehicle lease transfer credit applicants registered a 68.3 percent approval rate for August, just shy of that “healthy” mark that Swapalease.com pegs at 70 percent. Analysts pointed out the credit approval rate for August saw a noticeable […] [Read More]

Nick is back to handle hosting duties as this episode features John Giamalvo, the vice president of dealer services at Equifax. Their conversation touches on how dealers are enhancing their financing processes both before and after vehicle delivery. Check out the conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

E-Drive Autos recently announced that it has joined the CDK Global Partner Program as a digital partner to offer dealers TradeVue, its interactive vehicle appraisal tool designed to give dealers enhanced flexibility during negotiations. E-Drive Autos is now part of a marketplace made up of around 300 partner companies that offer more than 400 different […] [Read More]