At ADESA Las Vegas, general manager Brenda Aden said it’s “excellent teamwork and communication, along with a dedication to regular employee recognition and development” that makes the Nevada auction stand out as a great place to work. Teamwork, in fact, is her No. 1 priority in managing her staff. “We take a personal interest in […] [Read More]

Wholesaling vehicles in a place some people might consider to be paradise should be a breeze, right? Well, Manheim Hawaii general manager Dewey Hess said the 133 full-time and part-time employees keep the auction flowing as consistently as waves lapping against the shoreline. “Hawaii is a unique and diversified place, which is reflected in the […] [Read More]

When it comes to technology, I’m not what you would call an early adopter. Until December 2013, I was the rare millennial who still had a flip-phone. But I finally joined the 21st century and got an iPhone for Christmas that year, officially giving up on looking like a “Breaking Bad” extra. So, the irony […] [Read More]

Double-digit growth during the last year prompted CU Recovery and The Loan Service Center to add an additional layer of executive management. As a result, the operation gave the newly created chief operating officer position to Chris Becker, who will help to ensure the companies continue on a path of healthy growth while maintaining their […] [Read More]

The Nissan Sentra SV has come out on top of Wantalease.com’s monthly list of lease deals. The compact sedan is currently being offered for $129 a month. Two other vehicles in the car segment — the Volkswagen Jetta S at $139 and the Ford Focus at $149 — came in under the $150 mark. Seven […] [Read More]

The opening statements Federal Reserve chair Janet Yellen gave to the U.S. House Financial Services Committee certainly appeared to give the sense policymakers recognize the significant difference in banks that might offer auto financing, especially ones with a nationwide footprint versus the single-point institutions in towns with one traffic light. Yellen made her semiannual appearance in front […] [Read More]

On Wednesday, White Clarke Group announced the appointment of Allan Fried to its North American consultancy division as senior consultant. Fried joined the business in August. The company described Fried as a “finance technology heavyweight” who is well-known in the origination industry and will bring his up-to-the-minute knowledge of regulation and compliance as well as […] [Read More]

Jumpstart Automotive Group made some interesting observations around a particular demographic of car shoppers in its recent Today’s Auto Shoppers study conducted in conjunction with Ipsos Connect. Among the most notable finding: Hispanic shoppers like to buy new cars. They place a high value on quality and brand reputation. And they’re not generally looking to […] [Read More]

A couple of years ago when pundits and naysayers wanted to discuss auto financing, often they gravitated toward how the industry’s recovery stemmed from subprime activity, resulting in a possible bubble similar to what created the Great Recession. While analysts and experts eventually extinguished that line of thinking by showing performance data, these same industry […] [Read More]

Along with soft launching a new way for consumers to sell their vehicles so that the units might end up in the auction lanes, online vehicle marketplace operator Beepi hired David Faugno as its chief financial officer on Tuesday. While the company has been in operations for just over two years, Faugno is its first […] [Read More]