American Bankers Association president and chief executive officer Frank Keating recently penned a letter to Consumer Financial Protection Bureau director Richard Cordray offering six improvements as to how institutions can respond to complaints that might be published publicly via the agency’s new database policy. Keating began his appeal to Cordray by mentioning how his positions […] [Read More]

The deadline to file federal income tax forms came earlier this week, and Autotrader took a look at the options for consumers who didn’t necessarily want to use a potential refund to make a down payment — rather to utilize that money to make a vehicle purchase without any financing. According to the most recent […] [Read More]

Resort personnel brought in additional seating for the first roundtable discussion on Wednesday during the Independents Conference orchestrated by the American Financial Services Association. Scores of executives came in out of the summer-like south Florida weather to hear a trio of alternative data providers discuss how this information can enhance underwriting, mitigate risk and perhaps […] [Read More]

Auction demographics have changed substantially over the years, with cultural differences in a variety of geographic markets driving the need for new ways to promote auctions to that wide-ranging cultural shift. As we focus more and more on Internet shopping and selling, as well as cross-platform issues, we also need to look at people-centric issues […] [Read More]

Despite advancements by women in many businesses, the automotive industry continues to be mired in gender imbalance. Certainly, advancements have been made in the last 10 years, but there is still plenty of room for further change.  Automobile dealers can and should continue to step up and be leaders of change to create a more […] [Read More]

There were three primary factors behind what KeyBanc Capital Markets believes to be a rosy outlook for earnings growth in the retail car business over the next couple of years: strong used-car sales, strong parts and service sales and the current dealership acquisition trends. Based on analysis provided in KeyBanc’s report from its most recent […] [Read More]

Though tax season is on the way out with Wednesday marking the final day to file taxes, the Black Book editorial team continued to see strength in the lanes last week, especially for some of the smaller car segments. For example, compact cars saw prices rise by $47 (or 0.52 percent), while entry-level cars saw […] [Read More]

AutoCanada Inc. announced this week it is continuing a string of recent acquisitions with the purchase of Airdrie Chrysler. The company said Wednesday it reached an agreement to purchase the operating assets of North Hill Motors Ltd., the company which owns and operates a Chrysler Dodge Jeep Ram dealership located in Airdrie, Alberta. "Airdrie Chrysler has […] [Read More]

In what we’re proud to call an annual tradition, Auto Remarketing dedicates a special section each year to recognize the leading women of the remarketing and used-car business. And we've got an outstanding class for 2015. Each of the leaders honored in our Women in Remarketing program takes on different responsibilities within the industry, and […] [Read More]

CarProof Corp. — the lead sponsor of next week’s Auto Remarketing Canada Conference — announced it has added a new exec to its leadership team. Karim Hemani will be filling the role of vice president, consumer vertical. The company said that in this new role, Hamani will be focused “aggressively” on expanding CarProof’s value proposition […] [Read More]