Edie Hirtenstein has been named director of business development for instaVIN, a business unit of KAR Auction Services. She will report to instaVIN chief executive officer and president Jim Irish. Hirtenstein will be responsible for managing customer relationships and identifying and implementing innovative products and services. Her key areas of focus will be to develop […] [Read More]

If you’re a dealer looking to move your CPO inventory, take note: Autotrader has come out with its top picks for certified pre-owned deals in September.  “Certified pre-owned vehicles used to be kind of a secret, something only your uncle Ned and car guy neighbor knew about. Today, many people are catching on that it's […] [Read More]

Autotrader senior analyst Michelle Krebs scanned several recent headlines, which included a Volkswagen engineer pleading guilty for his role in a conspiracy to cheat U.S. emissions tests as well as Wells Fargo agreeing to a record fine from the Consumer Financial Protection Bureau. Krebs then arrived at a succinct conclusion. “The feds are cracking down […] [Read More]

Along with explaining why last month’s new-vehicle sales performance might have been good for the used market, Cox Automotive chief economist Tom Webb pointed out the Manheim Used Vehicle Value Index for August rose more than 2 percent year-over-year. Manheim reported that wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined […] [Read More]

Cars.com chief executive officer and president Alex Vetter called it an “exciting week” as the company announced it would be spun off as a separate, publicly traded entity through a process expected to be finalized during the first half of next year. For dealers who list their inventory on Cars.com, perhaps they should be excited, […] [Read More]

Jeannie Warzynski manages eight Automotive Finance Corp. branch offices throughout Texas and New Mexico, maintaining customer service to all dealer customers while growing and managing the company’s floorplan portfolio. “Most importantly, I am charged with leading a team of managers to exceed all goals laid out for us and ensure their personal career goals are […] [Read More]

Chintan Talati grew up in San Antonio but wanted to live in California, particularly Los Angeles, for two reasons. “I wanted to live near the ocean and watch the Lakers play in person,” Talati said. When searching for employment in his desired location, Talati came across a public relations job listing for Edmunds.com. “At the […] [Read More]

Sheldon Taylor grew up about 15 miles south of Detroit, and several family members built Ford vehicles. Taylor’s great-grandfather retired from Ford’s Dearborn Stamping Plant, his grandfather from the OEM’s Woodhaven Assembly plant, and his grandmother from the Wixom plant. While Blue Oval blood might still be in the family with an aunt and three […] [Read More]

As the regulator handed out a $100 million penalty to Wells Fargo for activities not related to auto financing, the Consumer Financial Protection Bureau noted that the amount of complaints in its database continues to surge toward 1 million entries. As of Aug. 1, the bureau reported that it has handled approximately 954,400 total complaints […] [Read More]

Automated, online lender management platform E-Credit Express (ECE) recently entered into an agreement with NADA Used Car Guide to speed up the used-vehicle sale and loan approval process. The integration of NADA Used Car Guide's values into the ECE platform that connects dealers to more than 1,300 finance companies instantly is meant to streamline the […] [Read More]