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]

If you should ever doubt Justin Ritchie’s enthusiasm for cars, you need only to look at the name of his fourth son: Enzo. His passion for cars — Ferraris, at least — may be evident, but he is equally passionate about the industry. “I’ve worked for a great organization (Cox Enterprises) for over 10 years […] [Read More]

Chris Wallace is right at home with Ford. The 33-year-old Ford Certified Pre-Owned brand manager “grew up in a Ford family” and has always wanted to work for the Blue Oval. And for nearly a decade, he has done exactly that. “My first true passion as a boy was anything related to cars. I grew […] [Read More]