Subprime auto finance company Veros Credit is going through what leadership called a “strategic realignment,” which includes the closing of two facilities as well as the hiring of a new senior vice president of sales and marketing. First, Veros Credit, which is based in southern California’s Orange County, announced immediate plans to close its Nevada […] [Read More]

Manheim Orlando, one of the largest operating facilities of Manheim North America, was recently named Big Business of the Year by the Orlando Chamber of Commerce in recognition of the location’s local economic impact and the team’s dedication to community service. The Orlando Chamber of Commerce presented the Manheim Orlando team with its Big Business […] [Read More]

Global fleet management company LeasePlan USA recently named Michelle Davis as its new regional sales vice president for the Southeast. Davis, with more than 12 years of successful fleet experience, was most recently district sales manager at Supreme Corp. There, she helped clients find solutions to improve their driver experience. There’s much untapped potential for fleets […] [Read More]

One of the benefits AutoGravity chief marketing officer Serge Vartanov often emphasized during a conversation with Auto Remarketing to discuss the mobile auto financing tool the firm is offering was empowerment. Vartanov discussed empowerment in context of keeping dealerships in an important place of the vehicle-delivery process, but also while providing consumers with additional information […] [Read More]

Volkswagen absorbed significant monetary and reputation hits following controversy about emissions levels thrown by some of its diesel models. Kelley Blue Book senior analyst Alec Gutierrez considered the possibility Fiat Chrysler might face the same level of challenges since the automaker acknowledged it’s being investigated for a similar scenario. Included in the automaker’s latest filing […] [Read More]

Enterprise Fleet Management announced that out of nearly 900,000 automotive technicians working in the U.S. — its management customer support supervisor Kelley Hatlee is one of only 16 individuals to earn the 2017 ASE World Class Technician Award from the National Institute for Automotive Service Excellence (ASE) and the Auto Care Association. Fewer than 2,000 […] [Read More]

CDK Global announced on Friday that it recently chose nine new partners to join its growing program made up of 210 companies that together offer auto dealers, third parties and OEMs more than 315 different applications they can use to run their businesses. The CDK Global Partner Program provides business-ready data, and serves as a marketplace […] [Read More]

Alex Price, director of risk solutions at Digital Recognition Network and one of the leading experts on skip-tracing, will host the first segment of a free, four-part webinar series designed to give collection departments at finance companies “tactics and techniques that get results.” The three main topics Price plans to cover during this 45-minute opening […] [Read More]

The Michigan Economic Development Corp. (MEDC) this week highlighted the investment and additional personnel Credit Acceptance plans to leverage going forward. Because, state officials said, the subprime auto finance company “is experiencing significant growth and needs to expand its facilities in the city of Southfield,” Credit Acceptance plans to invest $33 million in its infrastructure […] [Read More]

Reynolds and Reynolds announced late on Thursday that president Ron Lamb has stepped down, effective immediately.  The dealership management system provider said Lamb plans to pursue opportunities in private equity and that the position will not be immediately filled. In making the announcement, Reynolds chairman and chief executive officer Bob Brockman said, “Ron has made […] [Read More]