Incentives on new vehicles: remember those? They’re back in a big way. After hitting a trough of 2.9% of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. That was especially evident towards the end of 2024 ... [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel featuring Women in Collections and Recoveries honorees. Belinda Beyer of American Recovery Service led the discussion about navigating difficult industry situations, personal perseverance and more. Listen to the episode in the window below and […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel featuring Women in Auto Finance honorees. Jennifer Turnage of Primeritus Financial Services led the discussion about industry developments, professional and personal enrichment and more. Listen to the episode in the window below and stay […] [Read More]

Researchers at the Federal Reserve Bank of Philadelphia asked an interesting question and went to the auto-finance market to find answers. The title of the resulting white paper is, Who Provides Credit in Times of Crisis? Evidence from the Auto Loan Market. And the findings come at a time when some economists aren’t necessarily seeing […] [Read More]

It’s likely to be a more moderate and steady year overall, but what a start to 2025 for wholesale auction sales volume. Last month marked the strongest January for auction sales in five years, according to the latest AuctionNet data and analysis from the National Auto Auction Association, and growth was especially noticeable for late-model […] [Read More]

With automotive technicians in high demand, a new nonprofit organization aims to help meet that need through industry-driven education. The Collision Engineering Career Alliance launched this month, bringing together partners from industry and education to help address the demand for highly skilled collision repair technicians nationwide. The alliance grew out of a collision engineering program […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on the data and fintech solutions designed to make it easier to navigate through the volatility in the used-car market. The conversation featured Brian Donnelly of Autotech Ventures, Paul Fortin of Exponential Markets […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on investment funding coming into automotive and what venture capitalists think of the industry. The conversation featured Steve Greenfield of Automotive Ventures, Mark Norman of FM Capital, Quin Garcia of Autotech Ventures and […] [Read More]

Repair OnDemand’s top diagnostic tool will now be available to dealers through Cox Automotive’s popular inventory management platform, thanks to a new partnership. Repair OnDemand’s BlueDriver MAX is now integrated into vAuto’s trade-in appraisal system, a collaboration designed to give dealerships access to real-time diagnostic data on trade-in vehicles for more accurate appraisals and reduced […] [Read More]

Carvana’s next Megasite will be right in its backyard. Well, one of its backyards, anyway. In keeping with its one-a-month addition of combined auction/reconditioning centers, the online used-car retailer announced Tuesday that ADESA Indianapolis will be the site of its newest Megasite. The site in Plainfield, Ind., is a relative stone’s throw from ADESA’s headquarters […] [Read More]