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PODCAST: Used EV ecosystem with Plug CEO Jimmy Douglas
Monday, Apr. 21, 2025, 03:33 PM
Auto Remarketing Staff
In this episode of the Auto Remarketing Podcast, Plug founder and CEO Jimmy Douglas sat down with Auto Remarketing senior editor Joe Overby at the Auto Intel Summit this month to talk all things used electric vehicles. They discuss the Plug’s product expansion to help dealers navigate EV trade-ins, its budding partnership with brick-and-mortar auto […] [Read More]
iFrog Marketing Solutions celebrates 10 years in business
Monday, Apr. 21, 2025, 02:58 PM
Auto Remarketing Staff
April represents the 10-year anniversary of iFrog Marketing Solutions, a digital marketing agency specializing in automotive and other industries. Founded in 2015 by the Preston Automotive Group, iFrog Marketing Solutions has significantly expanded its offerings, growing from a strong presence in the Tier 3 automotive space to serving Tier 2 automotive brands and a wide […] [Read More]
COMMENTARY: As with April showers, when it rains it pours
Monday, Apr. 21, 2025, 02:27 PM
Robert Grill, CARFAX
Could the environment get any crazier for the used-car supply line? First of all, dealers are facing an multimillion supply shortfall over the next three years, along with a 50% reduction in lease returns. That’s because leasing took a big hit way back in 2021. Now, there’s uncertainty for the supply of new cars, which […] [Read More]
AutoNation hires former Nissan, Disney executive as CMO
Monday, Apr. 21, 2025, 02:15 PM
Auto Remarketing Staff
AutoNation said Monday it has hired former Nissan executive Jeremy Tucker as its new chief marketing officer, replacing Rich Lennox, who left the retailer after two years. Tucker was most recently executive vice president, global chief marketing officer and chief franchise officer at Spin Master. During his time at Nissan Motor Co., he was head […] [Read More]
COMMENTARY: The 5 deficits of legacy auto finance technology
Monday, Apr. 21, 2025, 11:30 AM
Bob Johnson, Odessa
In recent years, the auto finance market has been completely reshaped by rising vehicle prices, the widespread adoption of electric vehicles and shifting consumer preferences toward flexible leasing models. Yet, despite these changes, many auto finance organizations continue to rely on legacy software designed for a different era. These outdated systems struggle to keep pace […] [Read More]
Solifi chooses Cagle as chief financial officer
Monday, Apr. 21, 2025, 11:20 AM
Auto Fin Journal Staff
Solifi, a global fintech software partner for secured finance, on Thursday announced the appointment of Mike Cagle as its new chief financial officer. With more than 20 years of experience in financial leadership and SaaS company management, the company highlighted Cagle brings a great deal of knowledge and expertise to Solifi. As chief financial officer, […] [Read More]
6 benefits from MVTRAC-RISC partnership
Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
MVTRAC and Recovery Industry Services Company (RISC) highlighted six benefits of their partnership designed to streamline workflows, reduce administrative overhead, and cultivate a compliant and effective network of repossession agents. Among the key automations and workflow efficiencies are: — Insurance validation: RISC’s automated systems can allow MVTRAC to quickly and accurately verify agent insurance coverage, […] [Read More]
ARA & RDN partner to address top 10 software issues impacting agents & vendors
Monday, Apr. 21, 2025, 10:37 AM
SubPrime Auto Finance News Staff
As the organization gets set to host the North American Repossessors Summit this week in Orlando, Fla., the American Recovery Association (ARA) announced a partnership with Recovery Database Network (RDN). According to a news release, RDN vice president John Sibbitt has accepted a seat on ARA’s technology committee to more effectively coordinate their combined undertakings […] [Read More]
Who to Watch: Two years after founding, online EV auction Plug eyes ‘exponential growth’
Monday, Apr. 21, 2025, 09:26 AM
Joe Overby, Senior Editor
When it comes to leasing, it has been well documented that electric vehicles have bucked the overall industry trend in recent years: EV leases are rising, while overall leasing numbers have dropped. In fact, 31% of new EV transactions in 2023 were leases, according to Experian’s Q4 2024 State of the Automotive Finance Market report, […] [Read More]
For used EV market, no worries over prices, off-lease supply
Thursday, Apr. 17, 2025, 04:55 PM
Andrew Friedlander, Associate Editor
As the tariff era begins, perhaps the two biggest concerns for the overall used-car market, now and down the road, are rising prices and the dwindling supply of off-lease cars.
To which used electric vehicles say, “What, me worry?”
As used wholesale prices begin to creep upward thanks to rising demand coupled with diminished supply, used EVs represent ... [Read More]
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