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]

Automotive Compliance Consultants insisted that contrary to recent developments on Capitol Hill, the U.S. House of Representatives’ vote to eliminate the Department of Justice’s use of disparate impact does not negate the Consumer Financial Protection Bureau’s use of the legal theory in auto finance cases. The firm went on to say that the possibility of […] [Read More]

Auto/Mate Dealership Systems recently announced that Ristken Software Services integrated its core enterprise level technology solutions for dealerships with Auto/Mate’s dealership management system (DMS). Officials indicated Ristken’s MenuPro and Pro Tracking platforms, as well as its eBusiness Service Provider Access Network (SPAN), are now fully accessible for dealerships using Auto/Mate’s DMS. “Our Open/Mate integration program […] [Read More]

Captive finance company Hyundai Capital America (HCA), which does business as Hyundai Motor Finance and Kia Motors Finance, highlighted its recent diversity award winners. HCA gathered accolades from two different outlets. The company said Karen Moon, HCA's vice president of servicing was selected by the National Diversity Council and the California Diversity Council to receive a […] [Read More]

The wholesale business is incredibly intricate, even when things are running smoothly. When you add another level of complexity that recalls necessitate, things can get tricky. Auto Remarketing explored this angle recently from the auction’s point of view to see how it these businesses are handling what is turning out to be the biggest recall […] [Read More]