ADESA announced Tuesday that it has brought on two new members to join its sales team. Angela Williams and Kirk Archer have joined the company as executive sales directors. Williams most recently served as the business development and marketing manager for Rawls Auto Auction in Leesville, S.C. “Angela brings more than 20 years of auto […] [Read More]

Insurance Auto Auctions, a business unit of KAR Auction Services, announced Wednesday it has expanded locations in six states to both address clients’ increased inventory needs due to more claims being deemed total losses and to plan for a projected rise in salvage volume following the upcoming weather event season. The company’s new land additions […] [Read More]

Manheim locations across the county are currently celebrating National Auto Auction Week. Throughout the week, the company said it will use Facebook and Twitter to showcase local auction activities. The week of celebration wraps up on Friday. “National Auto Auction Week is a great time to reflect on the commitment that our team members and […] [Read More]

In the current issue of BHPH Report, we discussed what we classified as the “eight risk questions that might keep you up at night.” We spelled out each of those questions here. Well, now let’s try to provide you some answers to those difficult questions so you can rest better. Let’s begin with how can […] [Read More]

While it appears dealers are having trouble fulfilling one specific segment on their inventory shopping lists, Black Book’s latest price update indicated dealers aren’t paying quite as much when they do find the units they want. The newest Black Book Market Insights report showed an increase in wholesale vehicle depreciation, especially in the car segments. […] [Read More]

When a dealership group opens up standalone used-car stores, one of the questions that ultimately comes up is, “Where will the inventory come from?” At AutoNation, the retailer has found some initial success in hosting car-buying events at its AutoNation USA used-car store in Houston. The dealer group — which also has an AutoNation USA […] [Read More]

Element Fleet Management recently introduced Connected Data, a new service for fleet performance insights that streams vehicle data from both OnStar and other connected car systems in non-GM vehicles. Connected Data gives fleet managers the ability to tailor analytics to meet common reporting and regulatory needs, according to Element. The new service offers dealers a […] [Read More]

We often report on the delinquency rates of vehicle installment contracts held by consumers. Later this week, TransUnion plans to share its second-quarter data with SubPrime Auto Finance News. But what about the repayment activity by dealerships associated with the commercial financing business? While there doesn’t appear to be industry-wide data available like what’s generated […] [Read More]

Group 1 Automotive announced Tuesday that the company has acquired a new Audi dealership in Fort Worth, Texas. The addition of the new Texas dealership brings Group 1‘s portfolio of Audi dealerships to 13. [Read More]

Automotive Compliance Consultants — listed among the SubPrime 175 published by SubPrime Auto Finance News as well as the Power 300 published in Auto Remarketing — has a new owner, according to a news release distributed on Tuesday. KPA Services, a provider of environmental health and safety (EHS), HR management, and F&I technology-enabled services and software […] [Read More]