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FTC defends responsiveness to Congressional inquiries
Tuesday, Dec. 5, 2023, 11:30 AM
SubPrime Auto Finance News Staff
Last week, Jeanne Bumpus, director of the office of Congressional relations at the Federal Trade Commission, testified before the House Judiciary Subcommittee on Responsiveness and Accountability to Oversight. Bumpus told lawmakers the FTC “has established its clear responsiveness” to House Judiciary Committee’s “wide range and unprecedented number of oversight requests.” Since last appearing on Capitol […] [Read More]
PODCAST: Talking AI innovation in the dealership with Neil Alliston of Ravin AI
Tuesday, Dec. 5, 2023, 11:10 AM
Auto Remarketing Staff
Everyone’s talking about artificial intelligence, but what can it do for your dealership? Neil Alliston has some ideas. His company, Ravin AI, has begun working with U.S. car dealers on ways AI can help drive inventory acquisition from the public, create better and faster vehicle appraisals, avoid service department disputes, and mine dealership databases to […] [Read More]
PODCAST: Jeremy Beck, NIADA vice president of dealer development
Tuesday, Dec. 5, 2023, 11:08 AM
Auto Remarketing Staff
Jeremy Beck has seen the used-car industry from all angles — as a dealer, as a vendor and now from the association point of view as the National Independent Automobile Dealers Association’s vice president of dealer development. On this episode of the Auto Remarketing Podcast, recorded during Used Car Week 2023, Beck talks with Cherokee […] [Read More]
ACERTUS partners with OpConnect to give its locations EV charging capability
Tuesday, Dec. 5, 2023, 11:02 AM
Auto Remarketing Staff
ACERTUS has entered into an electrifying partnership. The automotive logistics-as-a-service platform has joined with electric vehicle charging systems provider OpConnect to add charging capability to 41 of its 67 nationwide locations. Citing growing demand for transporting EVs, ACERTUS said it will use OpConnect’s charging systems for its storage, hub and prep locations to maintain EV […] [Read More]
USED CAR WEEK 2023 PODCAST: Women in Retail panel
Tuesday, Dec. 5, 2023, 10:45 AM
Auto Remarketing Staff
We begin our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. The episode features some of this year’s Women in Retail honorees for a conversation led by Lindsey Pilarczyk of CarGurus. Listen to the episode in the window below. [Read More]
OPENLANE agrees to acquire Manheim Canada
Monday, Dec. 4, 2023, 04:26 PM
Auto Remarketing Staff
OPENLANE has agreed to acquire the Manheim Canada business from Cox Automotive in a deal valued at $130 million (CAD), which is $95 million (USD), the company said Monday afternoon. The deal, which is subject to certain customary closing conditions, includes the Manheim Montreal facility and auction sales, operations and select staff across Manheim Canada. […] [Read More]
Dealer news: HGreg aims to make its new landmark dealership the biggest in Texas
Monday, Dec. 4, 2023, 12:59 PM
Auto Remarketing Staff
They say everything’s bigger in Texas, and HGreg is aiming to take that one step further. The dealership group has acquired the site of Southwest Lincoln-Mercury in West Houston, a dealership that was owned by Bud Adams, the late owner of the NFL’s Houston Oilers/Tennessee Titans and one of the founders of the American Football […] [Read More]
Credit union roundup: New leader at Randolph-Brooks; First Heritage taps CULA
Monday, Dec. 4, 2023, 11:10 AM
Auto Fin Journal Staff
One of the largest credit unions in Texas will have new leadership in March, going with an executive who has been with the institution for almost 25 years. The board of directors at Randolph-Brooks Federal Credit Union (RBFCU) recently chose Mark Sekula to be its next president and CEO. Sekula will officially begin this position […] [Read More]
Autosled promotes sales head Schuster to SVP of OEM and government relations
Monday, Dec. 4, 2023, 10:39 AM
Auto Remarketing Staff
Vehicle logistics technology provider Autosled has promoted Bart Schuster to senior vice president of OEM and government relations. Schuster, a veteran of 27 years in the auto industry who previously served as Autosled’s vice president of sales, will continue to manage the company’s sales division and OEM partnerships, as well as growing the government services […] [Read More]
PODCAST: Logistics lifer Royce Neubauer, founder and CEO of Auto Hauler Exchange
Monday, Dec. 4, 2023, 10:06 AM
Auto Remarketing Staff
Royce Neubauer is a logistics lifer who has started three companies in his 25 years in that sector, including his current one — Auto Hauler Exchange, of which he is founder and CEO. He was also a speaker at Used Car Week is Scottsdale, Ariz., where he appeared as a guest on the Auto Remarketing […] [Read More]
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