Copart recently announced the launch of its upcoming fourth annual Copart Rebuild Challenge, a contest where U.S. car enthusiasts and automotive rebuilders competitively demonstrate how they’ve restored, customized or rebuilt a vehicle of their choice. "Every year, the contest draws more anticipation. Since last year's contest concluded, aspiring contestants have been asking when the Rebuild […] [Read More]

In celebration of reaching a record-breaking 11 million vehicles sold, AutoNation announced that it will donate four Chrysler ProMaster passenger vans to community partners who work to fight cancer. “AutoNation is the first and only retailer in the history of the automotive industry to reach this milestone,” the retailer said. On Friday, AutoNation announced it […] [Read More]

In Episode 4 of the Auto Remarketing Podcast, Nick Zulovich sits down with John Pappanastos, president and chief executive officer of EFG Companies.  Plus, the car-buying habits of millennials and the one guy at Auto Remarketing cool enough to drive a Wrangler. Also, if you would be so kind, please complete our audience survey. Download and subsribe […] [Read More]

The latest development in the Takata airbag story arrived on Thursday and included four automakers, nearly 16 million vehicles and more than $500 million in settlements. According to a news release, plaintiffs in the Takata Airbag Product Liability Litigation filed class action settlement agreements resolving claims against Toyota, Subaru, Mazda and BMW that will accelerate […] [Read More]

The first two winners of the Subprime Auto Finance Executive of the Year presented during Used Car Week are collaborating to help increase business for Westlake Financial Services. Westlake announced this week that the finance company recently contracted Bill Jensen to focus on developing its strategic accounts division. In this role, the company indicated Jensen […] [Read More]

ADESA has both expanded its dealer sales and services to more regions across the U.S. in an effort to enhance customer experience and promoted Kathy Hopkins to serve as director of dealer sales, the company announced on Thursday. To enhance customer experience both online and in-lane, ADESA said it will deliver more personalized business solutions […] [Read More]

As the Consumer Financial Protection Bureau takes a closer look at alternative data, the American Bankers Association delivered an eight-page comment letter containing a half dozen suggestions about the current and potential use of alternative data and modeling techniques in the credit process. Along with the suggestions, ABA also raised regulatory concerns, especially when using […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, this week released Dealer Portal 2.0 — the latest enhancement to GWC’s online e-contracting platform. The company indicated Dealer Portal 2.0 introduces to dealers a series of new features and enhancements designed to make e-contracting with GWC Warranty […] [Read More]

The point of big data and analytics, CARPROOF vice president Joe Varkey says, is not to just generate a ton of data. You have to make it useful for your customers, he adds. That’s where Shane Dejong and his team come in. Dejong is product manager for data science at CARPROOF and he heads up the […] [Read More]

Cox Automotive Canada has introduced a redesigned website to the Canadian automotive remarketing industry. "Knowing our clients spend more time online than ever before, our website has been redesigned from a ‘mobile-friendly’ perspective; delivering a seamless experience—whether you are on your desktop computer or mobile device," Cox Automotive Canada said in an announcement Wednesday.  The coxautoinc.ca […] [Read More]