This week, Reynolds Document Services, a segment of Reynolds and Reynolds, released the Reynolds LAW Washington F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance documents available to franchised dealers in the state of Washington. Reynolds reiterated LAW brand documents can help dealers reduce their litigation risk. The documents in the LAW […] [Read More]

The National Auto Auction Association has elected its vice president for 2015-2016, finalizing its executive board for the term. Chosen for the position is Warren Clauss, who has been general manager at ADESA Buffalo since 1996. Clauss, who was elected at the association’s convention last month, serves along president Mike Browning and president-elect Jerry Hinton. […] [Read More]

Dealers looking for cars at auction should be able to make quick and “better-informed” decisions with an integration that brings Carfax data and insights to vAuto’s Provision and AuctionGenius products. That’s according to a news release Tuesday announcing a deal for Carfax Advantage dealers using those two tools to receive instantaneous views of reported accident […] [Read More]

DealersLink released the newest iteration of its live online auction platform, AuctionLink 1.4, on Tuesday, highlighting the solution’s features that culminate in what the company claims is the one of the “most convenient, efficient and easy to use” online auction platforms. As listed by the company, the key features of AuctionLink include: Access to upstream […] [Read More]

Matthias Mueller, Volkswagen AG’s chief executive officer, rallied the OEM's workforce on Tuesday, announcing to a group of over 20,000 employees at VW’s Wolfsburg, Germany plant that a plan is in the works to remedy the company’s recent diesel emissions scandal. With a focus on regaining trust and transparency, a news release from the automaker said Mueller […] [Read More]

NAAA member auctions now have access to a new safety program. The National Auto Auction Association along with KAR Auction Services, Inc. —  parent company to ADESA — announced Tuesday that KAR has licensed its Safe T. Sam safety program for use by NAAA-member auctions. Now, through NAAA, all member auctions will have access to a variety […] [Read More]

Both cars and trucks are seeing softening prices in the lanes as the industry enters the fall market in full swing. And though Black Book editors noted that depreciation patterns for cars and trucks have remained “constant” over the past several months — with most car segments experiencing stronger depreciation than trucks — there are […] [Read More]

Now that the acquisition of Dealertrack Technologies is complete, Cox Automotive shifted a top executive who served as co-president of the newest piece of the company portfolio into a new role. On Tuesday, Cox Automotive appointed Raj Sundaram to be chief client success officer, reporting directly to Cox Automotive president Sandy Schwartz. In this key […] [Read More]

How much is the Volkswagen diesel engine emission controversy impacting its certified pre-owned program? It may be too early in the process to tell.  On an EPA investigation update section of the Volkswagen of America website, VW said: "Right now, we’ve put a stop sale on all 2.0L 4-cylinder TDI equipped vehicles (new and certified pre-owned), […] [Read More]

In what turned out to be a solid month to close the second-best quarter ever for certified pre-owned sales, domestic and Asian automakers lifted CPO numbers by more than 12 percent, while European brands climbed more than 9 percent. That’s according to the latest rundown of monthly CPO sales figures by Autodata Corp. Starting with […] [Read More]