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]

The sale of Dent Wizard to Gridiron Capital is now officially finished. H.I.G Middle Market announced Tuesday that its affiliate has completed the sale of Dent Wizard International to Connecticut-based Gridiron. H.I.G. Middle Market is the dedicated middle market investment affiliate of H.I.G. Capital.   Terry Koebbe, Dent Wizard’s chief executive officer, said: “H.I.G. has been a […] [Read More]

The National Automobile Dealers Association applauded the continued bipartisan efforts in Congress to rescind what it considers “flawed” guidance from the Consumer Financial Protection Bureau that would “harm” consumers by limiting their ability to obtain discounted auto financing. This week, Rep. Frank Guinta, a New Hampshire Republican, and Rep. Ed Perlmutter, a Colorado Democrat, introduced […] [Read More]

The latest report from a pair of experts at the Federal Reserve Bank of St. Louis included a question that could significantly impact finance companies and dealership F&I departments. The report was titled, “Student Loan Delinquency: A Big Problem Getting Worse?” Senior economist Juan Sanchez and technical research associate Lijun Zhu found that the delinquency rate for […] [Read More]

NCM Associates announced recently that it has allied with Autotrader to provide NCM 20 Group clients with a free performance report aimed at helping them maximize sales of new and used vehicles. Via the alliance, Autotrader will automatically feed actual data and metrics on dealership performance into a composite set to provide NCM dealer clients […] [Read More]

VinSolutions launched a new equity mining tool for dealers on Tuesday, which aims to capitalize on the growing importance of customer data. Target, the new tool in the VinConnect customer relationship management (CRM) solution, works to allow dealers to mine their customer databases in an effort to find more sales opportunities and convert them, using […] [Read More]

Swapalease.com reports that lease credit approvals for March took a tumble again, extending a string of swings above and below what the site considers to be a healthy reading. For March, credit approvals came in at just 60.0 percent of lease transfer applicants with the 2015 average off the average healthy pace at just 63.4 percent. […] [Read More]

Automotive strategic information and insight provider IHS Automotive announced its Integrated Lead and Incentive Management solution that has launched in partnership with HookLogic. The solution aims to help OEM national sales companies improve their web-based lead performance and incentive management as part of its larger audience analysis, targeting and activation service. According to the company, […] [Read More]

TrueCar shared three statistics, in particular, that may offer some perspective on just how much momentum is building in the certified pre-owned business. First, the 2.6 million CPO sales the firm forecasts for 2015 is larger than its projection for new pickup truck sales (2.3 million) and new premium/exotic vehicles (2.1 million). Second, the supply of certified vehicles was at […] [Read More]