The International Automotive Remarketers Alliance announced the sessions that will follow its Spring Roundtable at Caesars Palace on March 5. Different IARA sessions held concurrent with the Conference of Automotive Remarketers will be hosted on March 6 and March 7. Session moderators and participants include representatives from ARI, ADESA, America’s Auto Auction, Avis Budget, Element and […] [Read More]

The International Automotive Remarketing Alliance has announced the opening keynote speaker for the spring IARA Roundtable meetings being held concurrently with the Conference of Automotive Remarketing in Las Vegas this March. Delivering the opening keynote at the IARA Roundtable on March 6 will be Bob White, the executive vice president and chief operating officer at […] [Read More]

Dominion Dealer Solutions announced Monday that it has released its new automotive dealer management system (DMS), Dominion VUE, which is hosted in the Microsoft Azure Cloud. The new system features an intuitive interface and bank-level encryption that allows dealerships to access all dealer data in real-time from any location without a VPN or remote server, the company […] [Read More]

Looks like dealers in Italy are struggling to gain the confidence of their female customers, just like some dealers in the United States. And the potential remedies could help stores on both continents. According to a study conducted by CDK Global in North America, 43 percent of women in Italy do not trust dealerships. The […] [Read More]

ServNet recently announced that it has expanded its scholarship program and will hand out up to 10 awards this year. The program which was launched in 2016, exists to financially help ServNet auction employees and their families pursue higher education. Five $2,500 awards are for students attending a four-year college or university, and five awards […] [Read More]

While there likely are households and businesses still trying to recover from Hurricanes Harvey and Irma, KAR Auction Services chief economist Tom Kontos thinks the impact from those storms is no longer strongly influencing wholesale vehicle prices. According to ADESA Analytical Services’ monthly analysis of wholesale used-vehicle prices by vehicle model class, wholesale used-vehicle prices […] [Read More]

Several companies in the automotive industry have once again made the list of "World's Most Admired Companies" released by FORTUNE magazine. The list includes AutoNation, BMW, CarMax, Daimler, Ford, General Motors, Honda, Nissan, Penske Automotive Group, Toyota and Volkswagen. This year, Toyota has been named the list’s top motor vehicle company for the fourth consecutive […] [Read More]

Perhaps dealers in New Jersey can add one more item to their checklist when they’re finalizing the delivery process. Just before leaving office, Gov. Chris Christie signed legislation establishing an emergency contact registry for vehicles that requires the New Jersey Motor Vehicle Commission (MVC) to allow vehicle owners to submit their vehicle identification number (VIN) to […] [Read More]

F&I Express recently added two executives to its company team who each possess more than 20 years professional experience. First, the company announced Gary Peek has joined the business team as chief information officer. Management highlighted that Peek will be a key contributor to the direction and planning of the strategic growth of F&I Express, […] [Read More]

Last week, Consumer Portfolio Services announced the closing of its first term securitization of 2018.  Officials highlighted the transaction is CPS’ 27th senior subordinate securitization since the beginning of 2011 and the 10th consecutive securitization to receive a triple “A” rating on the senior class of notes from at least two rating agencies.  In the […] [Read More]