SGS’s Automotive Services group announced it recently brought on a national sales executive to join its sales team to lead the company’s off-lease, rental-return and non-traditional inspection services sales efforts. Chosen for the position is Scott Fornwalt, who most recently managed auctions in both the St. Louis and the Detroit areas, overseeing operations, sales, and […] [Read More]

Shared exclusively for SubPrime Auto Finance News, Experian Automotive determined the top 20 market holders of what analysts classify as finance companies — operations that do not hold consumer deposits and often specialize in originating subprime paper. Experian Automotive compiled this listing based on both used- and new-vehicle originations compiled during the fourth quarter. The […] [Read More]

Cox Automotive’s Tom Webb said earlier this year that buy-here, pay-here dealers were in a “better position.” Then a few weeks later, Ken Shilson with the National Alliance of Buy-Here, Pay-Here Dealers highlighted how “bad news could be good news for BHPH.” More upbeat assessments arrived on Monday as the latest installment of the National […] [Read More]

On Monday, automotiveMastermind announced that it recently brought on Scott McKenzie as vice president of operations and strategy and Fred Mather as chief commercial officer. McKenzie, who most recently served as associate director at JMI Equity, has been working closely with automotiveMastermind since a strategic growth investment in the company last year. Mather holds 25 […] [Read More]

Multi-touch attribution provider Clarivoy recently announced the launch of an industry-wide study that will examine the current state and usage of attribution within the retail automotive industry to better understand which marketing investments most effectively lead to vehicle sales. “While multi-touch attribution has been a big ‘buzzword’ lately, we think there is still a long way for […] [Read More]

BSC America has named a general manager for its Tallahassee Auto Auction, appointing Eric Wagner to the position. Wagner’s 30-plus years in the auction business includes time with both corporate and independent auctions.  “Eric will lead the operations and sales teams to the next level with excellent service and the latest offerings in technology. Eric will […] [Read More]

LeasePlan USA announced that it has appointed a new chief commercial officer to oversee the company’s sales and client relations teams. Chosen for the position is Ricardo Fonzaghi, who most recently served as senior vice president of LeasePlan International sales.  For 11 years, Fonzaghi was responsible for developing global fleet management programs for corporate fleets […] [Read More]

General Motors Financial on Monday named the winners of its 2016 Open Sale Auction of the Year as well as its 2016 Closed Sale Auction of the Year. Claiming the first prestigious award presented annually that’s part of the company’s nationwide Auction of the Year program, ADESA Kansas City, in Kansas City, Mo., was named […] [Read More]

Fox Rent-A-Car announced on Thursday its final acquisition of JustShareIt, a cloud-based peer-to-peer car sharing platform specifically designed to allow users to rent or share cars directly from individual car owners. Over the past 12 months, Fox said it has worked alongside JustShareIt to integrate the mobile-friendly product with its platform so that Fox members […] [Read More]

F&I program provider RoadVantage recently announced industry veteran Aaron Riddle joined its sales team as a regional vice president. Riddle comes to RoadVantage with more than 25 years of experience in F&I, most recently with Ally Financial where he served as an area growth leader. Riddle’s background includes experience with F&I finance companies, products, trainers […] [Read More]