Point Predictive hosts roundtable discussions with auto finance companies, fraud experts and law enforcement officials in conjunction with the Non-Prime Auto Financing Conference orchestrated by the National Automotive Finance Association. Frank McKenna recapped some of what was shared during the event and how other finance companies can get involved during this episode of the Auto […] [Read More]

Cherokee Media Group’s Nick Zulovich again tracked down Amy Martin of S&P Global Ratings during this year’s Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association. Martin highlighted the auto ABS trends catching her attention most so far this year and more in this episode of the Auto Remarketing Podcast. The conversation can […] [Read More]

Automotive services company Holman announced a new CEO on Tuesday. Carl Ortell is transitioning to a new post as vice chair of the company’s board, and Holman’s new chief executive is Chris Conroy, who has been with the company nearly 30 years, most recently as president and chief operating officer. In a news release, Holman […] [Read More]

Consolidation in the auto auction industry continued in a big way on Tuesday, with one of the largest groups expanding its reach in the Southwest. America’s Group announced it has acquired DAA Las Vegas from the McConkey Auction Group, a move that broadens America’s footprint to 38 locations and 19 states. McConkey Auction Group purchased […] [Read More]

OPENLANE announced Tuesday that its ADESA Canada and TradeRev platforms have been integrated into one consolidated OPENLANE Canada marketplace. This follows the rebranding of KAR Global to OPENLANE in May, when the company announced that OPENLANE would be both the name of the parent company and the go-to-market brand for its digital marketplaces throughout the […] [Read More]

Auto Remarketing is proud to celebrate our annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. Honorees will be recognized in the upcoming July issue of Auto Remarketing and at Used […] [Read More]

Electric vehicles continue to gain the acceptance of new-vehicle shoppers — but it’s not happening rapidly, according to a new survey. The J.D. Power 2023 U.S. Electric Vehicle Consideration Study found 26% of shoppers said they are “very likely” to consider purchasing an EV, up from 24% in 2022. The percentage of shoppers who said […] [Read More]

Auction Edge refers to its EDGE Spark technology as “groundbreaking.” Now it has a patent to back that up. The company has been granted a U.S. patent for the method used by EDGE Spark to link and integrate legacy systems with modern apps and interfaces, allowing Spark to serve as a bridge that creates easier, […] [Read More]

Axle, a universal API for insurance data, is getting around to reducing costs for carsharing customers. Axle has announced a partnership with Getaround, the world’s first connected carsharing marketplace, that will enable Getaround guests to bring their own insurance to the platform. The partnership gives customers more flexible protection options and control of their carsharing […] [Read More]

In today’s volatile automotive retail environment, it’s more important than ever for dealers to keep an eye on the money. Simply throwing money at something was never a good plan — now it’s a terrible one! Dealers need to find different, creative ways to generate quality store traffic and market exposure. Often, that means taking […] [Read More]