At the moment, the top priority at DAA Seattle is finding space to park all of the cars arriving at the auction. “That is a short-term focus though,” said Brian McConkey, the auction’s human resources manager. “Under normal circumstances the top priority is developing leaders,” he said. “We are constantly identifying future leaders and molding […] [Read More]

There are four core values at DAA Northwest, says Mitzi VanVoorhis, the director of marketing at McConkey Auction Group, of which the Spokane, Wash., auction is a member. Those are: integrity, excellence, professionalism and fun. “These values are listed in order of importance, and learning about them is part of every new employee’s orientation process. […] [Read More]

Enterprise Car Sales recently opened two new locations to better serve customers in the Phoenix area. To celebrate the openings, officials highlighted all Enterprise Car Sales locations in Arizona will appraise trade-in vehicles using Kelley Blue Book trade-in value plus an additional $1,000 in a move to be extended to vehicle buyers through Sept. 30. […] [Read More]

National independent third-party inspection company Alliance Inspection Management (AiM) has hired Mike Francis as the national sales director of used cars and rental cars. The company highlighted on Monday that Francis will lead and oversee AiM’s sales growth and retention in its major used and rental car vehicle inspection markets, focusing on developing and fostering […] [Read More]

This year, hundreds of independent dealers who previously attended Innovate: The Independent Dealer Conference will instead set their sights on DealerSocket’s User Summit. The seventh annual conference will host dealers from both the franchised and independent space with more than 1,100 guests expected. This is the first year that User Summit attendees will be able […] [Read More]

Through eight months of the year, there have been 3.12 million auction sales of cars up to 8 years in age, according to NADA Used Car Guide, which said this represents a 7-percent increase over the same period of 2015. The increase in late-model auction sales (cars up to 3 years old) has been sharper: There […] [Read More]

The Federal Trade Commission recently issued a second Federal Register Notice (FRN) on a proposed qualitative survey of consumers to learn about their experiences in buying and financing vehicles at dealerships, and is seeking clearance from the Office of Management and Budget to conduct the study. FTC officials explained the second FRN also calls for […] [Read More]

After crunching the numbers on more than 2,000 Volkswagen and Audi models eligible for the VW Dieselgate settlement, online auto marketplace Instamotor found that the average age for these cars is four years, with an average of 95,203 miles on the odometer. The average buy-back these cars would be eligible for is $21,205, with the […] [Read More]

Wholesale prices of used vehicles up to eight years old fell by 2.6 percent in August, and for the first time in several months, depreciation in luxury segments outpaced that of mainstream ones, according to NADA Used Car Guide’s latest Guidelines report. August’s results, while in line with expectations for the month, represented the largest […] [Read More]

A new study by TransUnion found that the large majority of Canadians would not be materially impacted in the near term by an interest rate increase. However, more than 700,000 consumers could struggle with their finances — which might include staying current on their vehicle installment contract — even with a quarter-point hike, and up […] [Read More]