ServNet president Kevin Brown recently announced that the group plans to form a Client Advisory Board, which will be made up of 10 to 12 executives who represent key commercial accounts and institutional consignors. "The formation of a Client Advisory Board is an exciting new element in ServNet's ongoing efforts to build relationships, enhance communications and streamline […] [Read More]

ServNet recently announced that Louisiana's 1st Choice Auto Auction (LFCAA) of Hammond, La., one of its auction members, has chosen to promote two of its employees. Bridget Higginbotham, who has been with LFCAA for 14 years, has moved into the role of new business development director. Meanwhile, Katie Alombro, who has been with the auction for eight years, was […] [Read More]

ADESA Remarketing Limited, the UK affiliate of ADESA, announced recently that by way of its successful partnership with Arval, both companies have newly collaborated with Motability Operations to lead the transition to upstream defleet remarketing in the UK. This move allows ADESA to offer an increased volume of used vehicles on its upstream mobile technology platform […] [Read More]

KAR Auction Services chief economist Tom Kontos didn’t quote A Tale of Two Cities in his latest commentary about the wholesale market. But Kontos did make a play on words similar to the novel by Charles Dickens, saying “the tale of two markets resumed in March.” According to ADESA Analytical Services’ monthly analysis of wholesale […] [Read More]

Dilawri Group of Companies announced the opening Vancouver Nissan, its fifth Nissan dealership. The group now owns and operates a total of 63 franchised dealerships across Canada. "With the opening of Vancouver Nissan, we continue to expand our relationship with Nissan Canada. This dealership represents our third Nissan franchise in the Greater Vancouver Area," Dilawri’s […] [Read More]

Carvana has unveiled the Frisco Car Vending Machine in the Dallas area, the company’s fourth Car Vending Machine in Texas, joining the cities of Austin, Houston and San Antonio. The Frisco Car Vending Machine, located at 5252 State Highway 121, is the fifth of its kind in the country. It stands eight stories tall, contains four delivery bays, […] [Read More]

Ackroo announced on Tuesday its launch of Ackroo Anywhere, a platform integrated with CDK Global's dealer management system (DMS) that allows dealers to easily distribute rewards to customers in order to drive key marketing initiatives for their respective dealerships. With Ackroo Anywhere, dealers who utilize CDK's DMS can issue rewards without relying on customers or […] [Read More]

Financial advising firm UBS used the grim illustration of the “canary in the coalmine” at the beginning of a report it released this week involving the subprime auto finance space. To recap, that illustration stems from miners using caged canaries as a crude toxic gas detection method. While birds didn’t appear to be harmed as […] [Read More]

Below is a Q&A with Linda Paton, office manager at Greater Rockford Auto Auction and a 2017 Women in Remarketing honoree. Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Linda Paton: My path to the automotive industry began in 1963, while in […] [Read More]

SiriusXM and announced  on Tuesday that through its Credit Union Program it has partnered with the New Hampshire-based Service Credit Union. The credit union's members will now receive a three-month subscription for the radio company’s “All Access” package if they purchase any pre-owned car fitted with satellite radio that is financed through the credit union. […] [Read More]