Cars.com and the McClatchy news media company announced a deal Thursday that will bring the 17 remaining McClatchy affiliate markets into the Cars.com direct sales channel – a deal Cars.com says will allow it to work more closely with dealers in these markets. Per the agreement, the transition would occur before October of next year. […] [Read More]

S&P Global Ratings described what more subprime paper flowing into the auto loan asset-backed securities (ABS) market did to its readings for November. According to a report published this week, the overall ABS market enjoyed some “mild” improvements in November. Analysts determined that prime collateral performance showed little weakness in losses, delinquencies and recoveries. In addition, the […] [Read More]

Many individuals make a New Year’s resolution to broaden their knowledge base. For industry professionals who made that kind of commitment, especially ones who are involved or are interested in auto finance, the first episode of the Auto Remarketing Podcast of 2018 is geared for you. Before the holidays, Nick had a conversation with Hudson […] [Read More]

Certified pre-owned vehicles sales reached a seventh straight record year by the slimmest of margins. According to Autodata Corp., there was an estimated 2,645,718 CPO vehicles sold in 2017, compared to 2,642,986 sold in 2016. That’s a gain of just 0.1 percent, but it was enough to bump certified sales to their best year on […] [Read More]

Connecting dealer and consumer. Facilitating the relationship. That’s what CarSquid is all about, says its chief operating officer Nicole Whittle. CarSquid, the COO told Auto Remarketing Canada, is an online wholesale auction app aimed at consumers. The app aims to provide consumers with “insider access to dealer inventory and pricing before they are offered to […] [Read More]

Two participants on the Federal Open Market Committee (FOMC) at the Federal Reserve see the target range for the federal funds rate surpassing 4 percent in 2020 with nine other policymakers anticipating that the reading hits at least 3 percent by the end of that year. While many economic and political circumstances could percolate by […] [Read More]

ServNet announced Wednesday that Clark County Auto Auction has been named the newest member of the independent auction group.  Clark County Auto Auction is located in Jeffersonville, Ind., and serves dealers in the southern part of the state, as well as the Louisville, Ky., market area. “I join with the owners of ServNet auctions across the […] [Read More]

Editor's note: This story was originally published on Jan. 3. Ken Osborn passed away the following week. Auto Remarketing sends its condolences to his family and ADESA team. An updated version of the story is below.  The night that Ken Osborn earned his bachelor’s degree in the early 1980s, he saw his mentor Richard Dupriest […] [Read More]

Black Book noticed that big crystal ball in Times Square wasn’t the only thing to make a noteworthy drop to wrap up 2017. This week's edition of the Black Book Market Insights revealed cars softening in value by a record 0.78 percent. Editors determined that midsize cars saw the highest depreciation with a 1.18-percent decrease in […] [Read More]

Before 2017 closed, Auction Management Solutions (AMS) announced that the firm partnered with Alliance Auto Auction for business development consulting. Adding this operation brings the firm’s client list to 22 total locations. “Adding a growing, vibrant family of Texas auctions to the AMS family only makes our entire organization stronger. We are very excited to […] [Read More]