Carleton reminded the financial services industry that February doesn’t end until Thursday because it’s Leap Year. While sales personnel might see the extra day as an opportunity to lift performance, the provider of compliant financial calculations and lending document generation software addressed some complications that can arise when Feb. 29 is included on the calendar. […] [Read More]

Brand loyalty is making a comeback, and General Motors and Tesla are leading the charge. They were among the big winners in S&P Global Mobility’s 28th annual Automotive Loyalty Awards, with GM earning the Overall Loyalty to Manufacturer award and Tesla claiming the title in Overall Loyalty to Make. The Lincoln Nautilus took the top […] [Read More]

America’s Auto Auction Charleston has brought Daniel Buttrey on board as its new digital sales executive. In a news release, the auction said he’ll focus on “assisting clients in growing and expanding their digital platform to enhance their business operations.” Buttrey comes from an auto industry family that has owned a dealership in North Charleston, […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 earlier this month in Las Vegas is a conversation with OPENLANE CEO Peter Kelly, who joins Cherokee Media Group’s Joe Overby for a wide-ranging conversation. OPENLANE is coming off a year in which its operating revenues climbed from $1.52 billion to […] [Read More]

Along with highlighting a securitization strategy popular in Europe and now gaining momentum in the U.S., S&P Global Ratings gave a brief update on its thinking about electric vehicles and residual values. Last week, S&P Global Ratings said higher exposure to EVs could increase residual value risk in U.S. auto lease asset-backed securities. “Studies also […] [Read More]

Stephanie Hanson and Daniel Parry have worked together many times during their distinguished careers within auto financing. And last week, the industry leaders said their current operations are now collaborating. Gestalt Tech said it will partner with TruDecision to provide sophisticated analytic tools through its data warehouse platform. By integrating TruDecision’s suite of analytic tools, […] [Read More]

Origence chief revenue officer Phil DuPree is in a festive mood like the rest of the company, which provides technology solutions for credit unions. The company that includes CUDL is celebrating its 30th year of operations in 2024, funding $551.2 billion in auto financing during those three decades. Origence also announced its network expansion to […] [Read More]

Educational webinars from the American Recovery Association (ARA) and Weltman, Weinberg & Reis Co. are scheduled in the coming days, with both sessions focused on complex topics associated with vehicle repossessions. Coming first, ARA has a session titled, “License Plate Info or Body Armor: Why Should We Have to Choose?” It features ARA treasurer and […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from the NADA Show 2024 exhibit hall is a conversation with Wendy Engelhardt, strategic solutions manager at automotiveMastermind. Wendy and Cherokee Media Group senior editor Joe Overby discuss how fellow companies within the S&P Global Mobility umbrella work together, how automotiveMastermind has evolved since its […] [Read More]

The third event to highlight in this series evaluating automotive events is the Auto Intel Summit + National Remarketing Conference hosted by Cherokee Media Group. It will be held April 23-25 in Cary, N.C. This annual event focuses on financial and business trends and attracts about 300 automotive leaders each year. A combination of executives […] [Read More]