Before becoming the founder and CEO of Botdoc, Karl Falk was a member of the U.S. Air Force and played on the offensive line for the service academy’s football team under longtime coach Fisher DeBerry. During this episode of the Auto Remarketing Podcast, Falk described the cybersecurity landscape dealerships now face, using analogies drawn from […] [Read More]

As part of the upcoming NAAA World Remarketing Convention issue of Auto Remarketing, we are spotlighting the annual High Performance Auto Auctions. Essentially, this is a roundup of “Auto Auction of the Year”-type awards from consignors, auction groups and other industry stakeholders. For example, if you are a consignor, this might be a list of […] [Read More]

The September edition of Auto Remarketing will celebrate the National Auto Auction Association, the upcoming NAAA World Remarketing Convention and the wholesale vehicle industry at large. One of the features in this special issue is the annual “Auction Life” photo spread, where we invite NAAA-member auctions to submit photos of daily auction life from the past year. […] [Read More]

McConkey Auction Group’s signature event was pretty sweet. Rock band Sugar Ray made sure of that as the headliner of DAA Northwest’s annual Rock & Roll Sale, held July 17-18 at the MAG-owned auction in Spokane, Wash. The band, led by frontman Mark McGrath, entertained a crowd of 2,100 invited guests with their ’90s hits […] [Read More]

Central Arkansas Auto Auction in Beebe, Ark., has named Jacob Warren as vice president and chief operating officer. Auction owner Cole Hooten cited Warren’s 20-year history in the remarketing industry and background in team leadership and auction operations. “All of us at CAAA are excited to welcome Jacob to our team,” said Hooten, a third-generation […] [Read More]

Cox Automotive has added automatic adjustments for factory-installed options and packages to its Manheim Market Report wholesale vehicle valuation tool, calling “an industry first.” The company said the addition is possible because of the integration of OEM build data with Cox Automotive’s first-party transaction data and proprietary modeling, which it said creates “an unrivaled level […] [Read More]

Both public and private organizations want to keep cloud-based financial systems from turning into big storms for everyone involved. The U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) recently published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption journey. These […] [Read More]

The penultimate pillar of six that make up Alfa Systems 6 is now available. Alfa, a provider of enterprise software for automotive finance, recently launched of Intelligent Automation, which is designed to harness cutting-edge cognitive technologies, including predictive modeling, to empower customers to create efficiency gains through a variety of intelligent, automated decision-making tools. Meant […] [Read More]

It’s the heat of summer nationwide, but perhaps you could make the argument that things are frozen when considering auto financing and interest rates. Evidence of how frosty things might be within auto financing surfaced from the most recent findings of the Survey of Consumer Expectations (SCE) developed by the Federal Reserve Bank of New […] [Read More]

The National Auto Auction Association is rebranding its spring meeting and moving the event to April, where it will lead into the association’s World Automobile Auctioneers Championship. The NAAA Spring Remarketing Exchange, which was previously NAAA Total Access and held in conjunction with the NADA Show, will run April 22-23 at the Renaissance Phoenix Downtown. […] [Read More]