Edmunds.com announced Tuesday the startups chosen for this year’s class for its Fastlane accelerator program, which gives companies the opportunity to work with the site to refine their products. The 2015 class includes fiSpeed.com, ZipFlip.com, MyCarBuyingSecrets.com, MyAutoCloud.com, Credit Concierge and Leasify.  The companies chosen will participate in a three-month program, during which they will work with […] [Read More]

The Federal Trade Commission is about to begin a series of live events throughout the country the regulator dubbed the “Debt Collection Dialogue.” The first session is scheduled to include not only top officials from the FTC, but also the Office of the New York State Attorney General. Speakers for the two agencies will host […] [Read More]

All-time record certified pre-owned sales were reached for six import brands last month, according to Autodata Corp., which also highlighted nice gains overall for European- and Asian-brand programs in May. In its latest recap of CPO sales, Autodata said these import brands had best-ever CPO results:  Infiniti, Lexus, Mini, Nissan, Porsche and Subaru. Plus, Autodata said, […] [Read More]

In light of the past two years of overwhelming vehicle recall numbers, the Ontario Motor Vehicle Industry Council has released a bulletin encouraging dealers to take heed of disclosure laws. The organization will also be holding a free webinar discussing the issue this Thursday. With the recent Canadian recall of 1.2 million vehicles and the […] [Read More]

Two of the Big 3 automakers posted best-ever certified pre-owned sales figures last month, and collectively, domestic brands have moved nearly 400,000 CPO units this year. That’s the latest from Autodata Corp., which has released its monthly recap of industry-wide certified sales. The industry as a whole had its best CPO month ever. As for the […] [Read More]

While the auction value for the average vehicle segment declined 1 percent between May 1 and May 29, there were a few segments in Kelley Blue Book’s data set that bucked the trend, including three that actually showed an increase. The latest Blue Book Market Report breaks down the top five and bottom five performing segments […] [Read More]

June is a special month for Manheim, as two of its individual auction locations will celebrate 50 years or more of business with anniversary sales in the coming weeks. Manheim Omaha will host its 57th anniversary sale on Thursday, coined as the “Hit it Home” sale, while Manheim Milwaukee will celebrate its 50th anniversary on […] [Read More]

KAR Auction Services announced the company’s IT Shared Services (KAR ITSS) team earned an honorable mention in the 2015 HP Discover Awards for customer excellence in the performance testing category. KAR’s chief information officer of IT Shared Services Gary Watkins, who made the award announcement on Monday, explained that KAR ITSS was one of the […] [Read More]

Auction Edge and vAuto finalized a partnership on Monday to enable integration of EDGE Pipeline and EDGE Simulcast with vAuto Genius Labs’ AuctionGenius. The companies highlighted the partnership enables wholesale buyers to use AuctionGenius as they prepare for and participate in live physical and online sales at independent auctions across the country. EDGE Pipeline can […] [Read More]

Advantage Rent A Car announced today it has completed its acquisition of E-Z Rent-A-Car. Now joined, the company features a combined network of 85 locations with a presence at 22 of the top-25 airports in the United States. “We can now see even more benefits to our ‘one company, two brand’ approach than originally envisioned,” […] [Read More]