Black Book reached a partnership to become the exclusive provider of vehicle valuation data for Auction Simplified, a custom online auction service for individual dealers. When making the announcement on Wednesday, Black Book highlighted wholesale vehicle buyers and sellers accessing Auction Simplified dealer auctions now can receive access to instant vehicle valuation data powered by […] [Read More]

Leslie Ruhe didn’t exactly pursue the car business, she says. “It actually pursued me! I was a brand-new mom, content with where I was.  I had a friend encourage me to apply for a newly created job in the lease remarketing group where he worked,” said Ruhe, a 2016 Women in Remarketing honoree and a vice […] [Read More]

Susan Moritz calls her road to the car business “almost accidental.” But it’s certainly an inspiring one, and speaks to not only overcoming challenges, but thriving in their wake. “I was adopted as an infant with a minor ankle deformity that required me to wear leg braces for the first several months of my life. […] [Read More]

In her role at United Road, Rhea Kuntz heads up operations in the National Sales Center.   United Road debuted the NSC in 2011, and it manages of hundreds of thousands of remarketed vehicle transports each year throughout the U.S. and Canada. In 1989, Kuntz — a 2016 Women in Remarketing honoree — joined MPG Transport, […] [Read More]

Proposals now are sitting before committees within both the New York Assembly and Senate that would restrict the use of license plate recognition technology only for law enforcement outlets, not for private businesses such as repossession agencies that might be involved in the recovery process for an auto finance company. Action in the Empire State’s […] [Read More]

Perhaps stable is the best adjective to describe the auto loan default readings included in the latest S&P/Experian Consumer Credit Default Indices. The March reading released this week by S&P Dow Jones Indices and Experian came in at 1.02 percent, which is 1 basis point lower than the same month last year and 3 basis […] [Read More]

Vehicle service contract and related finance and insurance product provider GWC Warranty finalized integration this week with defi SOLUTIONS Executives explained that GWC’s integration with defi SOLUTIONS means that auto finance companies and their dealers will be able to seamlessly process GWC vehicle service contracts through defi’s leading-edge Web-based lending system. “Integrating with a forward-thinking […] [Read More]

Beepi announced Wednesday that its used-car leasing program has officially gone live and is now available in each of the company’s 16 markets. That includes Houston, which Beepi added to its roster this week.  As reported earlier, Beepi is offering the leases through the Ally Pre-owned SmartLease product launched in late March. “Beepi is all about […] [Read More]

Of the nine car segments that Black Book tracks, luxury cars showed the greatest price decline last week. Their dip in prices (0.55 percent) was more than twice the overall percentage decline for the nine car segments (0.22 percent). In a recap of the Black Book Market Insights reports, Black Book poses this question, which […] [Read More]

It didn’t take long for the auction business to capture Kay Hudson’s attention. “After my first auction sale, I was hooked: the pace, sale day excitement, the energy,” Hudson said. “It was incredible and I wanted to do more.” To say Hudson did more would be an incredible understatement. Having worked 13 years with a […] [Read More]