Auction Insurance Agency, a division of AutoTec, celebrated a milestone anniversary this month. The third-generation family business commemorated its 70 years of providing the wholesale vehicle industry with payment and title guarantee insurance, fraud protection, risk mitigation, B2B arbitration and C2C dispute resolution in an event at the grand atrium of the Barber Motorsports Museum […] [Read More]

Dealers likely aren’t walking the auction lanes with the same intensity that United Auto Workers (UAW) are marching on picket lines. Black Book summarized the latest auction scene on Tuesday, a day after the UAW told 6,800 workers at the Sterling Heights Assembly Plant in Michigan to strike at the facility that builds Stellantis’ best-selling […] [Read More]

Rental car giant Hertz has named Justin Keppy as its new executive vice president and chief operating officer. Keppy, who will assume the role effective Nov. 15, will be responsible for running the day-to-day operations of the company’s global business. Keppy joins Hertz from Carrier Corp., serving most recently as president of North America residential […] [Read More]

Used Car Week is returning to Scottsdale, Ariz., from Nov. 6-9, and Cherokee Media Group is once again thrilled at the opportunity to get the movers and shakers in the business together in person. During the COVID-19 pandemic lockdown and ban on large gatherings, the auto industry — which thrives on in-person conferences, shows and […] [Read More]

While also looking closer at the subprime segment as well as credit unions, S&P Global Ratings acknowledged five primary ingredients likely will create “further deterioration” of outstanding auto finance portfolios. However, firm experts see banks, captives and other providers being able to weather the challenges, according to a report S&P Global Ratings shared with SubPrime […] [Read More]

Clutch is now the official online car retailer of the National Basketball Association in Canada, with the 2023-24 NBA season beginning Tuesday. The two announced this week a multiyear marketing partnership, and the collaboration began with an “interactive fan event” in downtown Toronto. During the event, one of Clutch’s red flatbed trucks the company is […] [Read More]

Auto Remarketing Canada correspondent Sarah Rubenoff makes her hosting debut on the Auto Remarketing Podcast, where she talks with PAVE founder and co-CEO Steve Southin. Sarah and Steve talk artificial intelligence and its role in the development of PAVE’s platform, the pain points the company aims to solve for dealers and much more. Listen to […] [Read More]

For several years now, the U.S. auto industry has been working toward accelerating what it sees as the nation’s inevitable transition to electric vehicles. But is the nation along for the ride? As EV production continues to increase, consumer demand, at least for now, is ... [Read More]

It might be one of the most frustrating questions asked at your dealership. “Where’s that part we ordered?” To help solve those issues and more, Dominion DMS announced an integration with ScanIt Parts on Monday. It’s designed to allow for the combination of state-of-the-art wireless technology with barcode scanning and printing equipment. The companies said […] [Read More]

Asbury Automotive Group, one of the nation’s largest automotive retail and service companies, has been named by U.S. News & World Report as one of its Best Companies to Work For in the retail sector. Asbury was one of 349 companies recognized across 20 fields of work based on factors contributing to job seekers’ decision-making […] [Read More]