JMN Transportation recently opened drive-away locations in Dallas and Daytona Beach, Fla., that will serve local auctions in those cities. The new sites joined JMN’s existing locations in Atlanta, Orlando, San Antonio and St. Louis. The Daytona location opened in February and the Dallas location opened in May.  JMN aims to match customer needs, whether […] [Read More]

The event-producing year involving Cars.com generated another headline on Wednesday morning as the vehicle-listing website’s parent company — TEGNA — announced it intends to spin-off Cars.com, creating two independent publicly traded companies. Additionally, TEGNA announced that Gracia Martore, its president, chief executive officer and a member of its board of directors, will retire upon the […] [Read More]

Volume weighted, overall car values decreased by 0.75 percent last week — higher than the average depreciation rate of 0.66 percent observed in the previous four weeks. Meanwhile, overall truck values decreased by 0.37 percent last week, which was similar to the average depreciation rate of 0.40 percent seen in the previous four weeks. “Most […] [Read More]

In what should portend strong certified pre-owned unit sales down the road, Experian’s latest State of the Automotive Finance Market report highlighted leasing volume as a share of all new models financed set another record during the second quarter. Analysts on Tuesday indicated leasing continued its strong growth as the share of new vehicles leased jumped from […] [Read More]

Jim Jabaay gained early entry into the automotive world. “I started out detailing cars for the family independent dealership that my grandfather started in 1954, focusing on both retail and wholesale,” he said. “I eventually sold cars both on the lot and at the auction. This led me to a great opportunity working for Manheim […] [Read More]

What Sam Liang enjoys most — and what he is most proud of — in his career is the diversity. “The automotive industry is extremely complex and one of the few consumer goods where we design, engineer, build, finance, service and repurpose the product,” he said. “I’ve been super fortunate to be able to have […] [Read More]

As the co-founder and chief operating officer of DRIVIN, Justin Mahlik wears a lot of hats, as he leads the strategy, finance and operations of the company. Mahlik has also helped the company form partnerships in the past year-and-a-half with companies like Black Book, Experian, Polk and Cars.com. “At DRIVIN, we are addressing a really, […] [Read More]

Derek Hansen is responsible for developing innovative digital solutions that make it easier for dealers to manage wholesale inventory and negotiate transactions. As a result, two individuals who have impacted Hansen the most specialize in skills necessary for him to do his job successfully. “There are several people I admire professionally, but it definitely starts […] [Read More]

Cox Automotive leveraged several executives to finalize its $4 billion acquisition of Dealertrack Technologies last fall. Tish Harrison was one of them. “I am most proud of my work with the Cox Automotive deal team for the Dealertrack acquisition. As a result of my involvement, I worked alongside some extremely talented people,” Harrison said. “It […] [Read More]

With used-vehicle financing leading the charge, Experian’s latest State of the Automotive Finance Market report showed finance companies booked significantly more contracts with super-prime customers during the second quarter than they did with deep subprime consumers. Creating what analysts called steady growth and remarkable stability quarter-over-quarter, the second-quarter report released on Tuesday indicated that auto […] [Read More]