Remarketing of America announced recently that ADESA Sioux Falls is its first national auction of the year ROA BlueAward winner. The award is given to auctions who are ranked based on their performance against ROA’s productivity scorecard. The five areas of service, according to ROA, are: Percentage of sell price compared to MMR Time (days) […] [Read More]

AuctionACCESS announced recently that it has added AuctionCredit to its network of floor plan providers through the AuctionACCESS system. According to the company, AuctionACCESS auctions are now able to view updated AuctionCredit floor plan availability as well as initiate AuctionCredit floor plan transactions through the system. “We are pleased to partner with AuctionCredit and excited to […] [Read More]

As Dealers Auto Auction of Oklahoma City celebrated Mardi Gras in February, staff members at Flint Auto Auction — who are no strangers to snow and cold temperatures, being located in Michigan — successfully tackled the latest winter event that impacted much of the U.S. When Mother Nature drops a lots of snow all at […] [Read More]

On the surface, the statistics certainly suggest strong retention. There was a 3.6-percent month-over-month increase and a 2.4-percent year-over-year gain in wholesale prices last month, according to the latest data from ADESA Analytical Services. Based on this growth, it’s a valid assumption that this means the wholesale market is conditioned to take on the kind […] [Read More]

DealerPager.com has a new custom messaging platform available for dealerships, designed to send custom text notifications to vehicle service clients. With mobile usage in auto sales growing at a rapid rate, texting is becoming a prime way to reach customers — especially those interacting with the service department. “It’s as simple as asking a customer […] [Read More]

Eight dealer, financial services and pro-business organizations delivered another strong message to the Consumer Financial Protection Bureau to address the bias and error found in the method the CFPB uses to determine whether unintentional disparate impact exists in an indirect auto finance company’s portfolio. In asking for thee specific modifications in a letter to CFPB […] [Read More]

On the heels of FICO renewing an agreement with TransUnion, the predictive analytics and decision management software company announced this week that FICO Score 9 is available now at Experian for U.S. credit grantors to use for testing and validation. FICO said the product will be available in full production in April. Officials highlighted FICO […] [Read More]

The Association of Finance & Insurance Professionals (AFIP) announced that Ryan Cole, a senior in the Automotive Marketing and Management program at Northwood University in Midland, Mich., was named the Jakob Murray Lange Memorial Scholarship winner for 2015. Officials indicated Cole was selected for the award based on his exemplary achievement as an intern with […] [Read More]

The Automotive Industries Association of Canada — the national trade association representing the automotive service and repair industry — announced this week its president and chief executive officer will leave the association on May 1. Robert Pitt, chairman of the board of AIA Canada, revealed that Marc Brazeau, the association's current president and CEO, is […] [Read More]

Experian Automotive found that the total outstanding balance on open automotive loans hit an all-time high during the fourth quarter, but subprime contracts constituted a smaller part of the figure. That all-time high figure climbed to $886 billion. But according to its latest State of the Automotive Finance Market report, Experian indicated the volume of open […] [Read More]