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PODCAST: Shiv Dutt & Trevor Henderson of OPENLANE
Tuesday, Mar. 5, 2024, 02:34 PM
Auto Remarketing Staff
Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 in Las Vegas last month is a conversation with two executives leading the North American marketplaces at OPENLANE: senior vice president Shiv Dutt, who is also the president of the company’s US marketplace; and SVP Trevor Henderson, who is president of […] [Read More]
Carmigo adds veteran sales VP to help fuel its anticipated growth
Tuesday, Mar. 5, 2024, 02:23 PM
Auto Remarketing Staff
Auto auction veteran John Tharp has joined Carmigo as its new vice president of sales. Tharp comes to the online marketplace and wholesale platform for dealerships with more than 35 years of experience in the auto industry, most recently as general sales manager of America’s Auto Auction-Baton Rouge. He previously served as national program manager […] [Read More]
Survey shows consumers have little trust in dealerships
Tuesday, Mar. 5, 2024, 02:22 PM
Auto Remarketing Staff
While one-third of Americans say they have experienced issues such as deceptive selling, hidden fees or dishonest salespeople at car dealerships, more than three-fourths don’t trust dealerships to be honest about their prices, according to a survey released by KPA, a provider of compliance consulting and training for auto dealerships. The 2024 KPA Dealership Trust […] [Read More]
AutoIMS VP Cammarata to retire April 1
Tuesday, Mar. 5, 2024, 11:50 AM
Auto Remarketing Staff
AutoIMS vice president of client success Ann Cammarata plans to retire effective April 1, the company announced. Cammarata has had a “notable” impact on the company and the remarketing industry during her eight years on staff, AutoIMS said in a news release, adding, “Her leadership has been instrumental in driving AutoIMS’s growth and success.” She […] [Read More]
Agora welcomes Mancero as managing director
Tuesday, Mar. 5, 2024, 11:02 AM
SubPrime Auto Finance News Staff
A familiar name in the subprime auto finance industry now is part of Agora Data. The fintech company — which provides technology, capital and guidance with predictable contract performance and analytics for the subprime space — announced the appointment of Sharon Mancero as managing director on Tuesday. The company said Mancero joins Agora with “an […] [Read More]
Open Lending gives Economic Vehicle Accessibility Awards to 20 finance providers
Tuesday, Mar. 5, 2024, 10:35 AM
SubPrime Auto Finance News Staff
Soon after releasing its full Vehicle Accessibility Report, Open Lending Corp. recognized 20 credit unions and banks on Tuesday through its inaugural Economic Vehicle Accessibility Awards (EVAAs). Executives highlighted the winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime consumers. The winners […] [Read More]
12 components of Ignite’s dealer compliance certification program
Tuesday, Mar. 5, 2024, 10:27 AM
BHPH Report Staff
Without a functioning ignition system, a car’s engine likely won’t start and run properly. Well, without IGNITION — the new dealer compliance certification program recently unveiled by Ignite Consulting Partners — the firm’s experts think that a store or dealership group won’t operate properly, either, without a functioning system to adhere to expanding state and […] [Read More]
Alternative-powertrain vehicles lead 2024 AutoTrader Awards
Tuesday, Mar. 5, 2024, 10:01 AM
Sarah Rubenoff, Correspondent
Although there may not have been any big surprises this year for the AutoTrader 2024 awards, the company’s editor-in-chief Jodi Lai told Auto Remarketing Canada she was happy to see the Toyota Prius/Prius Prime win for Best Overall Car.
“It’s cool because it's the first hybrid and plug-in hybrid that has won this overall category in the AutoTrader awards. The Prius has always been so good. It's always been very reliable and efficient, but it recently ... [Read More]
Go Auto expands presence in Canada’s Lower Mainland with purchase of Kia store
Tuesday, Mar. 5, 2024, 09:37 AM
Auto Remarketing Canada Staff
Go Auto ramped up its presence in Canada’s Lower Mainland with the purchase of a leading Kia dealership. Go Auto acquired Kia West in Coquitlam, British Columbia, which according to a news release is the country’s No. 1 Kia dealer for retail sales. This marks the dealer group’s 13th dealership in its network in the […] [Read More]
Volie brings its BDC software to FordDirect’s The Shop platform
Monday, Mar. 4, 2024, 04:06 PM
Auto Remarketing Staff
Automotive BDC software provider Volie has become the latest industry vendor to join FordDirect’s The Shop. The Shop, launched in January, is an e-commerce platform created by FordDirect — a joint venture between Ford and Lincoln dealers and Ford Motor Company — to offer dealers access to vetted vendors with pre-negotiated prices for products and […] [Read More]
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