ADESA subsidiary Recovery Database Network (RDN) promoted one of its executives to be chief operating officer on Tuesday. Taking over the role is Holly Balogh, who joined RDN back in 2012. “RDN continues to strengthen its position as a leading vehicle recovery software solution. The company serves more customers than ever before, including many of […] [Read More]

Arbitration is one of the topics slated for discussion at the Consumer Financial Protection Bureau’s next Consumer Advisory Board meeting on Thursday in Washington, D.C. And ACA International is among the groups crying foul that the CFPB is considering rules that would ban class action waivers in arbitration agreements in contracts for consumer financial products […] [Read More]

Auto Remarketing has revealed its 2015 CPO Dealer of the Year, presented by NCM Associates, and taking home the award, now in its sixth year, is Bill Luke Chrysler Jeep Dodge & Ram. The Phoenix dealership was the automaker’s top certified pre-owned seller in both 2013 and 2014, and it holds the No. 1 spot […] [Read More]

Data mining and trade-cycle management platform AutoAlert announced two new developments early this week. The company is releasing a French version for dealerships in Quebec, and it is integrating CarProof vehicle history reports for Canadian dealers. On Monday, AutoAlert reported it is now offering a French version of its sales opportunity platform for Canadian dealers […] [Read More]

Vcommerce announced this month that it will use a membership system to support its collaborative efforts to unite the brick-and-mortar auction industry. The organization was founded in June and soft launched its website on Labor Day. Founder Kelly Bianchi says that her platform aims to “bridge several gaps within the wholesale automotive industry” and is a natural […] [Read More]

There already have been multiple presidential candidate debates featuring Jeb Bush, Hillary Clinton and Donald Trump. If Americans’ vehicle choices are an indication of political preferences, then the majority of swing states will vote for a Republican candidate, according to a PureCars analysis of sales by color and body. CPO Forum participant PureCars, a provider […] [Read More]

The Prime Motor Group announced Friday its extensive expansion plans in Westwood and Rockland, Mass., with groundbreaking ceremonies having taken place in early October to make way for four new dealerships in the Boston area. Three of those four dealerships broke ground side by side on Oct. 1 in Westwood, making way for over 120,000 square […] [Read More]

All of our discussions focus on immigration, but I would like to explore a more business-oriented conversation regarding our industry and the ongoing restrictions to exporting used vehicles into the Mexican market. With new vehicles being built in and shipped from Mexico in the thousands each day to the U.S., why haven’t the industry PACs […] [Read More]

For dealerships, trade-ins are often a valuable — and coveted — source of quality used inventory. With that in mind, tech company CARPHORIA announced Monday it has grown its dealer services offering with a new tool: Trade-In Valet. The new tool is designed to help dealers capture more consumer trade-ins, and is based on consumer […] [Read More]

On a hot, sunny September afternoon in central Florida, Daniel Zendano of BMW Financial Services and Manheim Orlando account coordinator Edna Mack are out on the auction’s expansive lot. Zendano is making sure his company’s consignment is ready to run in an upcoming sale at the auction, taking care of any final touches before the […] [Read More]