LotLinx announced Thursday that Denise Chudy has stepped down from her positions at the company to pursue other opportunities. This news follows the company's announcement on Wednesday that Gee Leung has joined the company as chief operating officer. "I appreciate the opportunity to have helped LotLinx grow its disruptive technology to become a market-leading digital […] [Read More]

The Canadian Automobile Dealers Association (CADA) announced at the Montreal International Auto Show that it plans to launch a national recruiting campaign aimed at groups such as millennials, women, new Canadians and military veterans. Auto dealerships currently employ around 150,000 people nationwide, and that number is expected to rise in response to the auto sector’s […] [Read More]

While a consumer advocate in a note to SubPrime Auto Finance News called the action “an insane development,” industry representatives cheered the request by the acting director of the Consumer Financial Protection Bureau for evidence of the regulator’s effectiveness. On Wednesday, the bureau announced that it is issuing a call for evidence to ensure the […] [Read More]

Canadian dealers now have another way of verifying incentive levels and other financing data associated with a vehicle a potential buyer is considering. This week, Reynolds and Reynolds Canada and Motoinsight announced an agreement that will enable dealers that use the Reynolds ERA-IGNITE dealership management system (DMS) to seamlessly access Motoinsight’s automotive data for customer […] [Read More]

At Used Car Week in November, Joe sat down with ADESA chief operating officer Paul Lips for a chat about his time as National Auto Auction Association president, mobile phone usage in the auction industry, auction safety, volume spikes for 2018, Notre Dame football and more. Check out their conversation from La Quinta, Calif., below, […] [Read More]

The ramp-up of standalone used-car stores from the likes of Sonic Automotive, AutoNation and Penske Automotive Group is certainly one of the key pre-owned strategy moves leading the retail auto market right now. But it’s not just the big kids on the block. Todd Caputo and his Sun Auto Group — a small collection of […] [Read More]

Auction Academy has released its schedule for this year’s 2018 Seminar Series program. Auction Academy’s upcoming seminars will kick off with a a workplace culture session that will be held in Franklin, Tenn., March 26 and March 27.  “Different from our two-year program, the Seminar Series offers one-day intensive sessions, with in-depth focus on a […] [Read More]

The calendar year might have increased by one digit, but the analyst team at Wantalease.com is seeing that prices on most of today’s popular vehicle leases are holding steady in January. Compared to December, site analysts determined that 33 different vehicles maintained their prices. Wantalease.com noticed only one vehicle is currently offered for less than […] [Read More]

MBSi Corp. welcomed a top executive from another firm in the recovery industry to its company team this week. MBSi, one of the loyal sponsors of Used Car Week and a leading provider of repossession assignment software and vendor compliance solutions, announced that John Fountaine has joined the MBSi team as director of business development.  […] [Read More]

White Clarke Group recently bolstered its North American workforce. The global provider of full lifecycle loan origination, servicing, collections and floorplan finance technology announced Heather Slyman has joined the firm as vice president of business development for North America. Executives highlighted the addition of Slyman to the White Clarke Group global team is a direct […] [Read More]