Auto Remarketing has learned that Brent Huisman of Santander Consumer USA has moved to a new role within the company. Huisman is now executive vice president of asset remarketing. In this role, he will directly supervise asset remarketing, action reconditioning, internal and external sales as well as Chrysler Capital lease returns.  Huisman has been with […] [Read More]

Manheim has announced early this week the appointment of a new general manager for Manheim Detroit. Named to the position is Mandy Savage, formerly the assistant general manager at Manheim Palm Beach. In her new role, she is now responsible for leading auction activities, improving customer service and driving business efficiencies while reporting to Randy Beil, Manheim’s […] [Read More]

The Motor Vehicle Software Corporation announced this week that its e-filing system, DMVdesk, has been licensed exclusively by the California New Car Dealers Association as the preferred registration solution for new-vehicle dealers in the Golden State. MVSC will also work alongside the CNCDA — the largest state association of franchised dealers — and its members on issues such […] [Read More]

The Costco Auto Program announced early this week the top brands requested in the month of October by Costco members. So who came in at No. 1 last month? Costco said that General Motors’ brands overtook both Toyota and Honda, following the commencement of the Costco GM Holiday Sales Event, which started Oct. 1 and runs […] [Read More]

700Credit is hosting a free webinar on Thursday that aims to answer many questions on dealers’ minds when it comes to compliance. The Adverse Action, Red Flag and Risk-Based Pricing compliance webinar, titled Dealer Knowledge Webinar: Compliance Questions Answered, is scheduled for 2 p.m. (ET) to 3 p.m. on Thursday. The company said it is meant to be […] [Read More]

Investment and advisory firm Sunset Capital Assets said Tuesday its existing letter of intent to buy Motors Acceptance Corp. — which, along with its family of companies in the subprime auto space, is known as “MotorMax” — is being reassigned to Sunset partner company The Mint Leasing. On Sept. 24, Sunset and The Mint Leasing […] [Read More]

Payment-solution provider BillingTree announced today its new partnership with DealerClick, further expanding the former’s influence on the automotive finance market. Through the partnership, DealerClick can now offer its customers a wider choice of payment processing and self-service options while using the web, mobile, IVR and debit/credit card payments. Payments via BillingTree integrate directly with DealerClick’s […] [Read More]

There’s an incorrect assumption that many Americans — and potentially your customers and other auto-related consumers — are making when it comes to their credit score standing. In results of its national survey of renters revealing “widespread confusion” about what is actually included in a consumer’s credit history, TransUnion found that 48 percent of renters incorrectly […] [Read More]

KAR Auction Services generated significant year-over-year increases in revenue, adjusted EBITDA and net income, according to the company’s financial statement released late on Tuesday. For the period ending Sept. 30, KAR’s quarterly revenue came in at $589.1 million, up from the $533.7 million that the company produced in the third quarter of last year. The […] [Read More]

Two former Manheim executives who headed up the company’s Total Resource Auctions division recently announced the formation of Novum Auto Services. Michael Lasini and William Coleman highlighted Novum’s patent pending technology CrashCalculator can provide cash market value (CMV) pricing to owners of damaged, disabled or otherwise compromised vehicles. Lasini and Coleman stressed that Novum backs […] [Read More]