Manheim has promoted three people with a combined 55 years of experience with the company to general manager positions. Kevin Cook (Manheim North Carolina), Jesse Nelson (Manheim New York) and Bonnie Williams (Manheim South Houston) assumed their roles on May 2. “These new general managers know the ins and outs of the dealer business, after […] [Read More]

F&I Express recently finalized an integration with First Equity Payment to better serve their dealership clients by fully integrating their eContracting capabilities. F&I Express has aggregated a network of more than 110 automotive aftermarket insurance providers in an online portal accessible by its dealers. “First Equity Payment is an acknowledged innovator in automotive payment processing,” […] [Read More]

Manheim has expanded to Quebec City, making it the company's second auction in province of Quebec and its sixth in Canada. “By expanding our inventory service offerings in Quebec City, we will be able to better support our clients, adding value and convenience,” Maria Soklis, president of Cox Automotive Canada, said in a news release. Manheim […] [Read More]

It’s ubiquitous to the waiting room, whether you’re at the dentist, dry cleaner or dealership. That TV, serving up cable news or daytime talk shows as background noise — alongside the long-expired People magazines strewn across the coffee table. The problem with this scene, if you’re a dealer, is not just that your competitor’s advertisement […] [Read More]

Businesses of all stripes have tried the inflatable gorilla, Uncle Sam spinning a sign and whatever you call that tall, wavy windsock. Sure, they might catch the eye of a passer-by. But so can the actual product you’re selling — especially if it’s a spinning vehicle lifted 10 feet in the air. That’s the idea […] [Read More]

Softening car prices continued to be the talk among Black Book’s editors; so much that they dedicated much of this week’s Black Book Market Insights report to take a comparative look at how car segments have performed year-to-date in 2016 versus the same period last year. According to Black Book data and analysis, all car […] [Read More]

Copart, an online vehicle auction company with more than 150 locations throughout the U.S., has opened a site in Colorado Springs. The 20-acre venue, the company’s second in Colorado, will hold its first auction Wednesday featuring 430 vehicles. "We are excited to announce the opening of our second location in Colorado to help us accommodate […] [Read More]

Sloan and Tyler are sitting with the salesperson at the dealership contemplating whether to buy that 2012 Scion. While Tyler is ready to agree to the terms, Sloan is worried about what’ll happen if the vehicle breaks down suddenly and she is stuck on the side of the highway. They both work and are making […] [Read More]

Commercial bankruptcy filings made another swift upward rise in April. The American Bankruptcy Institute reported that total U.S. commercial bankruptcy filings increased 32 percent year-over-year last month. According to data provided by Epiq Systems, commercial filings totaled 3,482 in April, up from 2,641 registered in April of last year. Officials pointed out that April marked […] [Read More]

ADESA’s recent footprint growth in the Sunshine State is now finalized. The business unit of KAR Auction Services announced on Tuesday that it has successfully completed the acquisition of Sanford Auto Dealers Exchange (SADE) in Sanford, Fla. This location expands the ADESA’s presence in the Florida market and joins four other ADESA auctions in the […] [Read More]