Impel, a provider of artificial intelligence-powered customer lifecycle management and digital merchandising for the auto industry, has added Lorie Sharp as managing director for aftermarket — a major step in the company’s plan to expand into the automotive aftermarket space. “Lorie is a proven leader with a track record of results in scaling hyper-growth businesses […] [Read More]

Kelley Blue Book announced it has upgraded its Instant Cash Offer with three enhancements designed to make it easier for dealers to source vehicles from what it called “one of the least used but most promising channels” — their own service lanes. The additions include more information from service department scheduling and customer experience platform […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a dealer panel titled, “Building the Bridge for Lenders to Improve Remarketing Logistics.” The session was moderated by Jay Wertzberger of ATI Auto Business and included: Bryanna Cox of Asset Resolutions […] [Read More]

In one of her first public appearances as the new president and CEO of the company, Jennifer Rappaport of EFG Companies joined chief revenue officer Eric Fifield for this episode of the Auto Remarketing Podcast. Rappaport, who most recently was chief operating officer of EFG Companies, and Fifield offered their expectations and recommendations to help […] [Read More]

Matt Greenblatt, vice president of Matt Blatt Dealerships, called the expansion of AutoFi’s platform “a win-win scenario for the customer and our team.” AutoFi, provider of sales and finance technology across the automotive industry, recently expanded its platform into the showroom to solve issues the company thinks dealers have grappled with for years. Issues AutoFi […] [Read More]

Hudson Cook expanded its credit reporting, privacy, and data security practice group with a legal expert whose last position was with one of the service providers in that specific space. This week, the law firm announced the addition of Jason Esteves as a new partner in its Washington, D.C. office. Esteves is the second partner […] [Read More]

We begin this roundup of news from the credit union world with the newest client of Credit Union Leasing of America (CULA). The provider of indirect vehicle leasing for credit unions for more than 30 years announced this week that it has been selected by Utah-based Mountain America Credit Union to bring vehicle leasing to […] [Read More]

SYCN Auto Logistics is beginning the new year by filling a new executive role with a professional whose career includes involvement with automotive retail, rental and financing. The full-service auto transport management solution offering technology and transportation services appointed Brett Lippel as its new chief partnership officer. Prior to joining SYCN Auto Logistics, Lippel served […] [Read More]

Some folks struggle to get back into the swing of full-time activity to begin the year, especially if they took significant time away for the holiday season. Evidently, the wholesale market might be experiencing the same back-to-the-grind struggles, according to the latest analysis from Black Book. Analysts indicated on Tuesday that wholesale values softened 0.68% […] [Read More]

Penske Automotive Group has completed its acquisition of United Kingdom-based Rybrook Group Limited, a deal that adds 15 premium dealerships to the Penske portfolio. The deal includes four BMW dealerships — three of which also retail BMW Motorrad motorcycles — four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Penske […] [Read More]