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 conversation with Steve Greenfield of Automotive Ventures and the industry personality all over social media who is known as CarDealershipGuy. Listen to the episode in the window below. [Read More]

Carbly has launched Auctions Plus, a new search platform the company said is “poised to transform the way used-car dealers source inventory from auctions.” The platform provides a “unified and comprehensive solution” for searching, filtering and evaluating vehicles from more than 300 dealer auctions nationwide, which Carbly said offers “an unparalleled advantage” in vehicle sourcing, […] [Read More]

McGovern Automotive Group continued its growth Wednesday with its acquisition of Imperial Hyundai in Milford, Mass. The dealership, renamed McGovern Hyundai of Milford, is the company’s fourth dealership in Massachusetts. McGovern now operates 29 dealerships in New York, Massachusetts and New Hampshire. The acquisition is the fifth in the past six weeks for the rapidly […] [Read More]

It’s that time of year again to reflect on the past 12 months. As we navigate from one crisis to another, one reality shines through: We are one resilient industry. I mean come on, what else can they throw at us? Oh, yeah: 2024 is an election year! The used-car market is definitely showing signs […] [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 some of this year’s honorees among Women in Collections and Recoveries for a conversation led by Belinda Beyer of American Recovery Service, the sponsor of the awards program. Listen to the […] [Read More]

Carvana is making a major move into Major League Soccer. The online used-vehicle retailer has joined MLS’s Chicago Fire FC as the club’s front-of-kit sponsor, with its logo to appear across the front of the home and away jerseys of the Fire’s first team, as well as its MLS Next Pro team and Chicago Fire […] [Read More]

When the current leaders of defi SOLUTIONS decided to add Gestalt Tech to its family of data and service providers, they likely had a pretty good idea of the provider’s capabilities. After all, Gestalt’s chief executive officer is Stephanie Hanson, who founded defi SOLUTIONS that was acquired by Fiserv four years ago. This week, Hanson […] [Read More]

On Wednesday, PAR — OPENLANE’s business unit that oversees asset recoveries, manages cycle times, maximizes returns and reduces risk for banks, captives, credit unions and other auto finance companies — announced the promotion of Jeff Williams to senior director of sales and client relations. In this position, the company said Williams will lead a team […] [Read More]

The newest study from J.D. Power showed how auto finance companies are struggling in the digital space compared to their contemporaries in other industries. J.D. Power explained that auto finance companies need to do everything they can to deliver stand-out customer experiences while reducing administrative costs against a backdrop of shrinking margins and strained profitability. […] [Read More]

REPAY and AKUVO finalized a partnership this week aimed at improving collections. According to a news release, REPAY’s integration with Aperture, AKUVO’s collections management software, can enable financial institutions to accept digital payments, while utilizing a secure, real-time data exchange for streamlined operations, robust reporting and simpler reconciliation. AKUVO clients can now leverage REPAY’s embedded […] [Read More]