Auction Management Solutions (AMS) announced earlier this month that firm has partnered with KASP Auto Auction in Lexington, Ky., for business development consulting. KASP owner Jim Williams his aligned with AMS, which was started by industry veterans Tom Stewart and Richard Curtis to provides consulting services for independent auto auctions, service providers and vendors.  “We […] [Read More]

During Super Bowl LI on Sunday, media, insights and marketing solutions company Jumpstart Automotive Media monitored auto shoppers visiting its portfolio of publishers in a time-trended series to see how traffic fluctuated when ads aired. Alfa Romeo, Ford, and Kia saw the highest share of traffic throughout the game according to the data and insights […] [Read More]

Payment technology and services provider BillingTree recently appointed former SunTrust and FactorTrust executive Barton “Chip” Bright as general counsel and chief compliance officer. The company said Bright will lead the compliance and risk teams at BillingTree which monitor not only internal compliance concerns, but also ensure customers in all markets have the tools to remain […] [Read More]

Reasons that S&P Global Ratings analysts expected to see when comparing December U.S. auto loan ABS performance against the previous month surfaced again, according the firm’s latest report released on Wednesday. Analysts found that collateral performance in the U.S. prime and subprime auto loan asset-backed securities (ABS) sectors for December were mixed compared with November. […] [Read More]

The Federal Trade Commission official who championed investigations and handed out significant penalties against dealerships for misdeeds involving financing, advertising and more is departing the regulator. FTC acting chairman Maureen Ohlhausen announced this week that Jessica Rich, director of the bureau of consumer protection, is leaving the agency on Friday after 26 years of service. […] [Read More]

Cars.com confirmed to Auto Remarketing via email that Gary Tucker, chief executive officer of DealerRater, was leaving the company effective Monday to pursue an opportunity outside of the company.  That opportunity, Auto Remarketing learned, is to take on the CEO position at Zubie, a connected-car platform and telematics provider.  "I am excited to join a […] [Read More]

Kelley Blue Book released its 5-Year Cost to Own awards on Wednesday, and taking the top spots were brands that are no strangers to this list. Subaru earned the brand-level award for the second time in three years, while Acura received the top luxury mark for the second straight year. KBB based the awards on its 5-Year […] [Read More]

On Tuesday, U.S. News & World Report announced the winners of its 2017 Best Cars for the Money awards, which recognize vehicles that provide consumers with the best combination of quality and value within 20 automotive categories. Methodology for determining winners includes merging quality and value data into a composite score. Within the 20 categories, […] [Read More]

Whether or not you already have all the inventory you need for tax season, NextGear Capital offered a trio of best practices for floor plan management; applicable to when your buy-here, pay-here operation is looking to move metal fueled by IRS refunds or campaigns later in the year. “Once a dealer is cleared to use […] [Read More]

The only president RouteOne Canada has ever had is heading for retirement. The company made a thank-you announcement on Tuesday, praising Barry McMillan for his 14 years of service as he is going to retire at the end of February. McMillan has led RouteOne Canada as its president since 2003 when the company was formed. […] [Read More]