CarDr’s diagnosis shows issues that could be costing the used-car industry more than $7 billion. The latest diagnostic study from the automotive diagnostic and appraisal technology provider, using data from CarDr’s on-board diagnostic scanner, found more than 5.5% of all vehicles analyzed had undetected transmission-related issues. The company’s report extrapolated that over the 7.3 million […] [Read More]

The National Auto Auction Association’s newly created Cybersecurity Task Force has completed its first task. The group, which was created in October following the NAAA World Remarketing Convention, launched its Cybersecurity Essentials for Auctions, an ongoing series of resources to provide information and guidance on cybersecurity protections for NAAA members. The first of those resources […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Dan Dionne, who is vice president of sales with RockED. Dionne acknowledged dealership salespeople often have to have “difficult conversations” with potential buyers when challenges arise such as bruised credit, negative equity […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Todd Smith, who is CEO of QoreAI. Smith explained how artificial intelligence now can swiftly match potential car buyers with affordable vehicles using real-time credit information and advanced algorithms. Listen to the […] [Read More]

Described by the service providers as a move “that promises to reshape the landscape of privacy, F&I, and credit compliance software,” ComplyAuto and Informativ recently announced a strategic relationship that will integrate their respective platforms to deliver dealers a comprehensive compliance solution. According to a news release, the partnership will enable users of ComplyAuto’s platform […] [Read More]

A senior architect responsible for the construction of Clarity Services, which was acquired by Experian in 2018, now is part of the executive team at Trust Science. The applicant sourcing, screening and decisioning platform announced this week that Reid Morrison is Trust Science’s new chief technology officer. Trust Science highlighted Morrison is a senior technology […] [Read More]

Roughly once a month, my three siblings and I get together on Google Meet for the “Overby Sibling Book Club.” Yes, we are that cool. It’s a tradition we started in the early days of COVID and have spent the last five years taking turns selecting the book each go-round. As you might expect, the discussion usually morphs from sharing our opinions on the book to ... [Read More]

With its signature event set to begin next week in New Orleans, the National Automobile Dealers Association is reaching out to help, in light of the city’s New Year’s Day terrorist attack. NADA announced it has donated $25,000 to the New Orleans Relief Fund, established by the United Way of Southeast Louisiana to provide direct […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with panel of three experts who discussed not only automotive wholesaling, retailing and financing, but also the general state of the economy. Sharing their perspectives are Laura Wehunt of Black Book, Satyan Merchant of TransUnion and Larry […] [Read More]

The decline in Canadian used-vehicle wholesale prices picked up pace in the first full week of the new year. Canadian Black Book’s weekly Market Insights report showed the wholesale market fell 0.48% for the week ending Jan. 11, ending a three-week string of slowing depreciation that was capped by a 0.14% drop in the week […] [Read More]