Southeastern Auto Auction and its dealer customers made donations and participated in a 50/50 drawing to benefit those affected by Hurricane Matthew.  The amount raised was matched by the auction and given to the American Red Cross. Some victims of the hurricane in Haiti will also benefit from this fundraising effort. The winner of the 50/50 […] [Read More]

ADESA, a business unit of KAR Auction Services, announced that Harold Chapman will lead ADESA Nashville as general manager, effective immediately. He had served as general manager of ADESA Kansas City since 2003. “During his time at ADESA Kansas City, Harold has proven to be a strong leader who motivates his staff to provide the […] [Read More]

As part of Auto Remarketing Canada's annual Power 200, we reached out to some of the top executives in the Canadian used-car business for an inside look at their businesses and their insight into the remarketing industry.  In the first Q&A in this series, we feature Roger Dunbar, vice president of marketing at TRADER Corp.  […] [Read More]

When it comes to a full-fledged rebound in Canadian used-car supply, the consensus seems to be: Not quite yet. “That’s at least a year off,” Tom Kontos, chief economist of ADESA Analytical Services, said when Auto Remarketing Canada reached out to him and other analysts in September. “The biggest ‘swing vote,’ if you will, comes […] [Read More]

Experian’s latest State of Auto Finance Market Report made headlines, painting a rosy picture for the used-vehicle market. Overall, pre-owned vehicles accounted for 55.61 percent of all financing in the second quarter of 2016. Consumers across all credit tiers are flocking to pre-owned vehicles, with super-prime and prime consumers accounting for 44.95 percent of all […] [Read More]

FactorTrust vice president of auto finance Scott Brackin viewed the move made by Carvana to launch a prequalification financing program as more than just a lever the online auto retailer is pulling to turn used vehicles. What piqued Brackin’s interest is how Carvana has rolled out this program by providing customers personalized financing terms without […] [Read More]

Prior to joining online vehicle marketplace Beepi late last month as its chief financial officer, David Faugno had spent the previous decade as CFO of Barracuda Networks. He had joined the IT security company in its early stages, similar to where Beepi is now. Faugno’s tenure with the company included significant growth and more than […] [Read More]

BW Dealership Advisors — a Brady Ware-affiliated retail automotive consulting firm dedicated to offering consulting, fraud mitigation, accounting and tax services — announced this week that it has expanded its services to help dealers attract and engage clients online. The new digital capabilities will be led by Nick Brunotte, who joined the firm as senior […] [Read More]

Grab your smartphone, tablet or camera. DealerPeople is inviting all salespeople to shoot a short video showing their best walk-around for a chance to win up to $1,000. Through Dec. 31, salespeople can upload their walk-around videos, and DealerPeople will select the best three winners in early January. First place will receive $1,000, second place […] [Read More]

AutoAlert announced this week it has acquired The Ready Group, LLC, and its subsidiary, DirectAlert. And now AutoAlert is introducing One-to-One Intelligent Marketing, a data-driven, customer-communication solution that will offer dealers a 360-degree view of their existing customers. Experts at AutoAlert have developed a big-data platform that identifies customer ownership and lifecycle milestones, providing dealers […] [Read More]