Subaru of America recently announced the winner of its 2016 Auction of the Year award, which honors auctions for sales effectiveness and service quality. This year’s title went to Manheim Southern California. “A numerical score is calculated at the conclusion of every sale at every location on a monthly basis and the auctions are ranked […] [Read More]

Ford of Canada has revealed its 2016 Auction Quality Award winners, recognizing ADESA Montreal for the second straight year in the Group A category and honoring Manheim Montreal in the Group B category. This marks Manheim’s first time winning the award since joining the Ford of Canada auction program in 2013. The Auction Quality Award […] [Read More]

The auction market hasn’t wasted any time carrying over the auction sales volume momentum from 2016, and late-model vehicles are driving that charge. According to the latest Guidelines report from J.D. Power Valuation Services, there was a 17-percent gain in auction sales volume of cars up to 8 years old during the first four weeks of the […] [Read More]

KAR Auction Services will put between $20 million and $25 million into upgrading its online sales platforms over the next three years as part of a project known as New Wave, which chief executive Jim Hallett called “our next-generation online solution.” During opening comments of KAR’s earnings conference call on Wednesday, Hallett said KAR plans to […] [Read More]

Though luxury brands Lexus and Porsche yield high vehicle dependability, plenty of mainstream vehicle owners are also satisfied with excellent long-term quality, according to the J.D. Power 2017 Vehicle Dependability Study, released Wednesday. Now in its 28th year, the study examines problems experienced within the past 12 months by original owners of 2014 model-year vehicles. […] [Read More]

TPC Management Co., an automotive industry consulting and executive recruiting firm now in its 21st year in business, announced on Wednesday the promotion of Jiles Wanna to the position of vice president of client services.  Wanna joined TPC in 2004 and has worked on projects under all three umbrellas of the firm, including TPC Consulting […] [Read More]

Dealership compliance auditing firm Total Dealer Compliance on Wednesday launched what it’s calling a Certification Badge in an effort to give customers piece of mind that they will not fall victim to deceptive trade practices or subjected to aggressive sales tactics. By certifying dealerships, the firm said consumers will know that a certified store will […] [Read More]

Predictive analytics and marketing automation technology provider automotiveMastermind (aM) announced Wednesday it recently promoted Napoleon Rumteen to vice president of dealer relations. Most recently, Rumteen was responsible for dealer relations in aM’s western region. In his new role, Rumteen currently heads a team that provides multi-level training and support to dealers, dealer groups and OEMs […] [Read More]

Steve Roennau’s automotive career includes time as a training consultant for nearly a half dozen OEMs — Chrysler, General Motors, Ford, Mitsubishi and Hyundai. Roennau’s professional life also includes tenures in important roles at a dealership such as salesperson, used-car manager, new-car manager and F&I manager. With that much experience and a knack for public […] [Read More]

WalletHub recently released a report highlighting the top 20 cities where consumers took on the largest amount of financing to acquire a vehicle and where they also absorbed the least, generating extreme debt-to-income ratios. In order to identify the cities with the highest and lowest vehicle finance debts, WalletHub’s analysts divided the average debt by residents’ income […] [Read More]