According to the latest Guidelines report from J.D. Power Valuation Services, auction sales volume of models up to 8 years old rose just 1 percent over the four-week period ending Feb. 27 compared to the previous four-week period. The volume rise included 379,700 units. Analysts determined volume for the cohort was also essentially unchanged from […] [Read More]

The National Auto Auction Association shared the announcement about the passing of Ray Clanton, part of the brother tandem that took the lead in running the auction founded by their father and now known as Manheim Darlington. Clanton died on March 15 in Darlington, S.C. He was 89. Clanton’s Auto Auction began as Dealers Motor […] [Read More]

Warranty and vehicle service contract administrator AUL Corp. released its 2017 F&I training schedule on Thursday, marking the second year in a row the company is offering F&I training. AUL highlighted its training is designed to provide a tailored education that includes a three-day live course, virtual training sessions and an online platform that includes […] [Read More]

Earlier this week, Reynolds and Reynolds announced the release of the Reynolds LAW Maine F&I Library, just a short while after the firm unveiled a similar product for a neighboring state with the rollout of the Reynolds LAW Vermont F&I Library. In both of these instances, as well as for the more than 30 other […] [Read More]

As the company prepared to share its 2016 used- and new-vehicle sales totals, AutoCanada announced late on Thursday that Thomas Orysiuk is resigning from his position as president and as a member of the company’s board of directors. The dealer group said Orysiuk’s resignation as president and director is effective on Friday, and AutoCanada chief executive […] [Read More]

The more a Canadian car shopper researches online, the more likely he or she is to be the move. According to a CarGurus survey of 1,000 randomly selected Canadian adults — conducted online in February by Google Surveys — most car shoppers (70 percent, in fact) say they wouldn’t travel more than 100 kilometers to […] [Read More]

JMN Logistics and Transportation announced on Tuesday that it has selected a new recruiter for its corporate location in St. Louis. Chosen for the position is Clint Youngerman, who comes to JMN with more than 22 years of experience with the U.S. Army, 13 of which was spent recruiting, according to JMN. In his new role, Youngerman […] [Read More]

Contining a string of company developments that include a new president and chief executive officer as well as a new regional sales VP, LeasePlan USA now is bringing new enhancements to ePlan, the online fleet management tool that can help companies gain more control over their fleets. With a streamlined new interface, featuring an easy-to-use wizard […] [Read More]

NIADA recently welcomed two more members of the National Independent Automobile Dealers Association's National Member Benefit program. The pair includes the Coordinating Committee for Automotive Repair and American Solutions for Business. The Coordinating Committee for Automotive Repair (CCAR) is a nonprofit organization dedicated to providing best practice information and training resources to the automotive industry. […] [Read More]

With the federal funds rate ticking up by 0.25 percent to 1 percent as widely expected on Wednesday, Federal Reserve chair Janet Yellen also described the expected median path for the federal funds rate through the close of 2019, which she insisted was “essentially unchanged,” from projections made in December. Yellen predicted the federal funds […] [Read More]