Below is a Q&A with Janelle Kennedy, director of remarketing at Ally and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry? Janelle Kennedy: I grew up just outside of Detroit, Michigan, the “Motor City,” so working in the automotive industry was almost inevitable. My grandfather was a […] [Read More]

Below is a Q&A with Heather Greenawald, vice president of legal at ADESA and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Heather Greenawald: The people are what drew me to this industry and what I enjoy […] [Read More]

Below is a Q&A with Cynthia Meyer, national sales with Dealers Auto Auction Group and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Cynthia Meyer: My path was totally by luck! I started in the industry […] [Read More]

Below is a Q&A with Amy Taitano, assistant general manager at Manheim Pennsylvania and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Amy Taitano: My sister worked at an auction in California (Bay Cities Auto Auction) […] [Read More]

AutoCanada announced that it is set to purchase all of the issued and outstanding shares of Mercedes-Benz Rive-Sud, which has been open in the greater Montreal region for almost to 50 years. "We are honored to acquire this dealership from the Leclair family and thrilled to extend our offering in the greater Montreal communities," Steven […] [Read More]

Cox Automotive chief economist Tom Webb cautioned watchers of the auto ABS market as well as managers who compute severity of loss at finance companies. Webb insisted that softening wholesale values and what vehicles might be fetching at the auction are not the only components potentially dragging on recovery rates and impacting financial statements. Webb […] [Read More]

With the deadline to file federal income tax forms passing on April 18, Cox Automotive chief economist Tom Webb reflected back on what’s known as tax season but likely isn’t the resounding retail period for buy-here, pay-here dealers it once was. Perhaps impacting this year’s season most was the change in federal rules requiring tax […] [Read More]

The American International Automobile Dealers Association reported that average length of time a new model sat on a dealer’s lot hit 70 days in March — the longest stretch of time since July 2009. Edmunds contends current new-vehicle inventory levels haven’t been this high since 2004. Cox Automotive chief economist Tom Webb sees the assertions […] [Read More]

Mazda Canada recently named the recipients of its Dealer of Distinction award program, which recognizes dealers who have efficiently run all facets of their dealership's operations. "The Dealer of Distinction award is one of the highest honors a Mazda Dealer can earn," Massey Kondo, Mazda Canada's president and chief executive officer, said in a news […] [Read More]

Financial technology and lending decisions are built on data. Lenders can buy data in the form of reports, statistics and bits of information about consumers and their buying habits from hundreds of companies and accumulate mountains of their own new data from every portfolio and process. Employing certain practical ideas, lenders can get the most […] [Read More]