In other award from CAR Conference action on Wednesday in Las Vegas, two of the remarketing and used-car industry’s go-to analysts were recognized with the Ed Bobit Industry Icon Award from NAAA and IARA. Earning the recognition were Tom Kontos of ADESA and Tom Webb of Cox Automotive. Presenting the award to these respected economists were […] [Read More]

Remember February 1995? Bill Clinton was in his first term as president. TLC was topping the Billboard Hot 100 chart for most of the month, according to Billboard.com. UCLA was a couple months away of running the table in the NCAA Tournament. And it was the last time used-car prices dropped from their January level. […] [Read More]

It appears the demands stemming from millions of recalled vehicles flowing into dealership service bays are catching up with franchised stores. The J.D. Power 2016 U.S. Customer Service Index (CSI) Study showed satisfaction with dealer service related to an automotive recall declined for the first time in six years. According to the study released on […] [Read More]

CarLotz, a consignment store for vehicles serving the sale-by-owner and corporate vehicle markets, announced the opening of its first store in Charlotte, N.C. Along with the location being first in the Tar Heel State, the store located at 6501 East Independence Blvd. in the heart of what the company called “Charlotte’s largest auto mile” also is the […] [Read More]

Bob Rauschenberg of ADESA has won this year’s IARA Circle of Excellence Award. The award was presented to Rauschenberg on Wednesday, during an IARA event at the CAR Conference in Las Vegas.  Rauschenberg is the executive vice president of sales, marketing and special services at ADESA. His posts in the remarketing business have included roles with ADT Automtoive, […] [Read More]

Whann Technology Group announced it has launched an updated mobile simulcast app for the iPhone and iPad. The company said the upgrades include greater quality, performance and reliability for the live bidding app. It is now available in the Apple app store under WTG Simulcast. Whann Tech also has a WTG Simulcast App for Apple TV […] [Read More]

Two auto auctions are getting close to driving age and celebrating their respective 15th anniversaries this month. Starting out West, Dealers Auto Auction of Idaho is hosting an anniversary event on March 30. The theme centered on college basketball’s big month, with giveaways of big-screen TVs, basketball hoops and living room furniture. Owner Russ Smith […] [Read More]

National repossession management provider Del Mar Recovery Solutions recently added two key positions to its leadership team to enhance its broad range of skip-tracing, license plate recognition, transport and remarketing services. Establishing these posts and joining the company as a part of what Del Mar called “a testament to growth and advancement” are Jessyca Andrews as […] [Read More]

Jason Grubb conveyed a similar message not only to the board of directors that hired him to be the chief executive officer of Exeter Finance, but also the workforce of nearly 1,000 employees that he became entrusted with overseeing about a month ago. During an exclusive phone conversation with SubPrime Auto Finance News on Tuesday, […] [Read More]

The past week represented a busy time of relationship building and integrations for F&I Express, which highlighted developments with Dominion Dealer Solutions, Pearl Technology Holdings and Capital Companies. The string aimed at helping dealership finance managers and other store personnel included Dominion DMS, a division of Dominion Dealer Solutions, which indicated its ACCESS Dealer Management […] [Read More]