Experts shared not-so-rosy viewpoints about credit conditions, sales expectations and more, as the industry began the fourth quarter. S&P Global Ratings said through a report released last week that credit conditions for borrowers in North America are set to slowly deteriorate, with all-in borrowing costs unlikely to fall any time soon. In the report titled, […] [Read More]

Charlotte Pyle was inducted into the National Auto Auction Association’s Hall of Fame and received the Ed Bobit Industry Icon Award during the 2023 NAAA World Remarketing Convention in Chicago. The NAAA Hall of Fame, established in 1968, recognizes individuals whose long-term service to the auto auction industry and NAAA has contributed improvements to remarketing, […] [Read More]

In an effort to help dealers seamlessly access AutoCheck vehicle history reports during wholesale activities, Experian recently announced an expanded relationship with Manheim. Now, dealers with AutoCheck subscriptions can automatically link their account to their Manheim profile, allowing them to instantly access complete AutoCheck vehicle history reports via Manheim.com through a single sign-on. “Amid rising […] [Read More]

One of the 2020 Women in Remarketing honorees now is general manager of America’s Auto Auction El Paso. This week, the company announced the promotion of Judith Ayub to general manager of the West Texas auction stemming from what America’s said have been “significant” contributions since joining the operation as the first employee when it […] [Read More]

Eric Autenrieth has begun his tenure as president of the National Auto Auction Association. Autenreith officially took office for the 2023-2024 term Thursday, succeeding outgoing president Garrison Hudkins in a passing of the gavel ceremony during the 2023 NAAA World Remarketing Convention in Chicago. Autenrieth currently serves as CEO of the Stanley-Autenrieth Auto Auction Group, […] [Read More]

Online used car retailer Carvana has joined with Esports and gaming company NRG in hosting a skills challenge event to find the world’s next Rocket League pro. The Carvana|NRG Combine, in collaboration with the Network of Academic and Scholastic Esports Federations, is inviting outstanding student Esports athletes ages 18 and up to compete for a […] [Read More]

One View has announced the integration of its auto industry-specific document management system with Autosoft’s dealership management system. The collaboration allows users of Autosoft’s DMS to scan and archive documents using One View’s document management software, which the companies said helps empower dealers with seamless data transmission between the two systems and critical data to […] [Read More]

Wholesale vehicle prices have begun to climb again after three months of declines, but that didn’t slow down used car sales in August, according to the latest monthly report from ADESA chief economist Tom Kontos. The new Kontos Kommentary, released this week, using ADESA US Analytical Services’ monthly analysis of auction industry used vehicle prices […] [Read More]

ADESA Auctions has introduced a new tool designed to help provide better transparency and efficiency in buying and selling electric vehicles at auction. ADESA’s advanced battery health scoring process, created in collaboration with Recurrent and AutoIMS, “sets a new industry standard,” the company said in a news release. In 2022, ADESA partnered with Recurrent in […] [Read More]

The latest industry survey by Protective Asset Protection sought to get a better understanding of growth patterns for online research and sales of vehicle transactions and F&I product offerings at dealerships across the U.S. The provider of F&I programs and services conducted the online survey in August with more than 300 dealership executives participating. According […] [Read More]