Many of us have a specific car or truck that when we see one, we get nostalgic. For Mandi Fang, that vehicle is a Chevrolet S10. To paraphrase the Kenny Chesney song, she goes back to summers in college working at a General Motors plant in Moraine, Ohio. “I worked on the assembly line and […] [Read More]

Mary Churchill looks at her more than 40 years in the industry — which began in 1975 with a job at what was then known as GMAC (now Ally) — in two pieces. The initial portion centered on auto finance, with the latter focusing on remarketing. “I review my career in two parts:  the first […] [Read More]

Granted, the auction business was a “culture shock” when she first joined, said Rachel Ballard, one of this year's Women in Remarketing honorees. But after only a week in the business, she knew it was for her and said she “can’t imagine doing anything else.”   The auction business is fast-paced, changing all the time and […] [Read More]

Some of Nancy Fitzgerald’s earliest memories upon entering the automotive industry include a Daewoo and a first job where the tasks included just about everything under the sun. Fitzgerald — who is now as president and chief executive officer of iLendingDIRECT — began her automotive career when she and her late husband, Patrick, opened a […] [Read More]

Kelley Blue Book launched two all-new integrated marketing campaigns on Monday aimed at both franchised and independent dealerships as well as informing consumers about how much information and experience the company has to help buyers through the vehicle selection and purchase experience. With more than nine decades of experience to leverage, Kelley Blue Book insisted […] [Read More]

The stretch of NADA Convention expo floor space between the low 1100s and low 1800s resembles Cox Automotive’s version of 5th Avenue. But in place of shops like Saks, the Apple Store, J. Crew and Gucci are booths bearing car-biz-familiar brands like Dealertrack, Manheim, vAuto and Autotrader. Inside a typical convention hall makeshift office within […] [Read More]

We’ve all heard the news on rising auto loan delinquencies. Since February, auto delinquencies in the subprime market are at their highest rate since 1996. This presents a significant issue since increased delinquencies usually indicate that more defaults will happen down the road. So what are auto finance professionals to do in times like these? […] [Read More]

Digital Recognition Network (DRN) enhanced its workforce in a move to expand the company’s auto finance channels. DRN hired Mike Villanova as director of channel sales, adding a new position and enabling the company to provide the dedicated support needed for this growing market The company highlighted Villanova brings more than 15 years of channel […] [Read More]

J.D. Power has a buyer. McGraw Hill Financial said in a news release Friday afternoon it has reached a definitive agreement to sell that business unit to global alternative investments firm XIO Group. The cash deal would be $1.1 billion. The deal is expected to close in the third quarter. “We are very pleased with this […] [Read More]

The other day, I saw an interview between “The Late Show” host Stephen Colbert and Nick Offerman (who will always be “Ron Swanson” in my mind). They talked glowingly about the term “gumption,” even invoking a tale of self-starter Teddy Roosevelt, the former U.S. president who arguably was the embodiment of a can-do, take-charge attitude. […] [Read More]