Citadel Credit Union, which is one of the greater Philadelphia area’s largest credit unions with more than 270,000 members and $6.4 billion in assets, this week promoted Eric Skinner to chief information officer. According to a news release, Skinner succeeds Brian Berry, who will retire later this year after 16 years with the credit union, […] [Read More]

Nordis Technologies has a new vice president of technology, naming Scott Cobb to the position on Tuesday and asking him to handle several responsibilities. The omnichannel customer communications management and payments technology solutions provider highlighted Cobb brings deep expertise in cloud software platforms, application development, and artificial intelligence, including machine learning. At Nordis, Cobb is […] [Read More]

Protective Asset Protection announced the expansion of its auto, RV, powersport, and marine training program, introducing new resources designed to equip F&I managers with the skills needed for success in a competitive market. The company highlighted that the enhanced program, which emphasizes the use of advanced technology and a comprehensive learning approach, aims to help […] [Read More]

Informativ on Tuesday introduced a new feature to instantly verify “stips” — the additional documents or information required to finalize a contract — for businesses including auto dealers and financing companies The provider of fraud prevention, compliance and credit technology for the automotive and consumer finance industries said the new feature is called Verified Stips. […] [Read More]

A longtime automotive executive has launched a co-op to provide individual dealers with the bargaining power of a dealer group. AutoTrust Dealer Alliance calls itself a first-of-its-kind, 100% dealer-owned cooperative, designed to give dealers “the scale and profitability of a large public group while preserving full independence and control.” In a news release, AutoTrust said […] [Read More]

Auction sales last month didn’t reach July’s heights, but still beat prior-year figures, with the year-to-date pace remaining ahead of 2024, as well. That’s according to the latest AuctionNet report from the National Auto Auction Association, which said wholesale unit sales were up about 3% year-over-year in August, when adjusting for selling days, but fell […] [Read More]

It’s official: Lithia & Driveway is now a major player on the world stage. The company, which operates some 450 locations in the U.S., Canada and the U.K., has made its first appearance in the Fortune Global 500, which the magazine calls “the definitive list of the world’s largest corporations.” LAD made its debut at […] [Read More]

California, here it comes. Carvana’s next combination auction-reconditioning operation is coming to ADESA Golden Gate. The online used-car retailer announced it plans to add inspection and reconditioning center capabilities to the wholesale auction site in Tracy, Calif., adding to its rapidly growing list of integrated facilities. ADESA Golden Gate, which has served wholesale customers for […] [Read More]

In the post-pandemic reshuffling of the auto industry, a surprising trend has emerged: certified pre-owned vehicles that are barely a year old are taking over dealer lots. What began as a premium-brand tactic has now found its way into the mainstream market. These 1-year-old CPO vehicles are changing the game for dealers, manufacturers and buyers […] [Read More]

Continuing our series of Auto Remarketing Podcast episodes from Canada’s Used Car Week in June, Jameel Ghata of PAVE leads a discussion featuring executives from across Canada’s automotive ecosystem — Jack Sulymka (PAVE), Mark Would (BMW Group Canada), Bryan McIntyre (EBlock Canada), and Lisa Prestidge (Element Fleet Management) — exploring why transparency, accuracy, and consistency […] [Read More]