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PODCAST: Another visit with 2 top Wells Fargo executives
Monday, Feb. 20, 2023, 04:37 PM
Auto Fin Journal Staff
During NADA Show 2023 in Dallas, Tanya Sanders and Cynthia Caine spent time with Cherokee Media Group senior editor Nick Zulovich for this episode of the Auto Remarketing Podcast. Sanders and Caine both discussed the impact of rising interest rates on their consumer and commercial auto customers as well as other topics in this wide-ranging […] [Read More]
Wholesale prices, conversion rates up from January as dealers hit auctions to refill depleted used-car supply
Friday, Feb. 17, 2023, 07:58 PM
Joe Overby, Senior Editor
In the wholesale market, prices are climbing from January, and a stronger percentage of vehicles are selling. In fact, it has been 14 years since February wholesale vehicle prices have shown this large of a sequential gain. But prices continue to come down from … [Read More]
Auction notebook: United Auto Credit gives award & Auction Academy students move up the ranks
Friday, Feb. 17, 2023, 06:32 PM
Auto Remarketing Staff
This auction news roundup includes details about United Auto Credit's 2022 Auction of the Year Award recipient as well as the recent, robust successes of Auction Academy’s Class Group 7. To recognize “exceptional performance and dedication of the team,” United Auto Credit gave its 2022 Auction of the Year Award to DAA Las Vegas. “We […] [Read More]
PODCAST: TransUnion on keys for leasing to regain momentum
Friday, Feb. 17, 2023, 03:12 PM
Auto Remarketing Staff
A new TransUnion study found that the lease market was down almost half from 31% in January 2020 to 17% in July 2022, more than twice the decrease in auto financing over the same period. The study also examined the behavior of 3.8 million consumers who terminated a lease between July 2021 and June 2022. […] [Read More]
PODCAST: Will used-vehicle leasing finally get notable market share?
Friday, Feb. 17, 2023, 03:07 PM
Auto Remarketing Staff
Credit Union Leasing of America (CULA) president Ken Sopp and vice president of business development Mark Chandler not only reviewed the company’s record-breaking year, the executives tackled questions that’s perplexed experts for some time during this episode of the Auto Remarketing Podcast recorded during NADA Show 2023 in Dallas. Is now the time used-vehicle leasing […] [Read More]
PODCAST: APCO Holdings CEO Tony Wanderon
Friday, Feb. 17, 2023, 03:00 PM
SubPrime Auto Finance News Staff
Tony Wanderon had a busy start to 2023, highlighted by becoming CEO of APCO Holdings after it acquired National Auto Care (NAC). Wanderon spent some time during NADA Show 2023 in Dallas for this episode of the Auto Remarketing Podcast recapping how the deal came together as well as current views of the F&I market. […] [Read More]
PODCAST: Promoting F&I products before customers are ‘in the box’
Friday, Feb. 17, 2023, 02:55 PM
SubPrime Auto Finance News Staff
Paul McCarthy returned for another episode of the Auto Remarketing Podcast, this time as vice president of sales, key accounts, at Protective Asset Protection. McCarthy took time during NADA Show 2023 in Dallas to share his perspectives on the current F&I landscape and why it’s important for dealers to present products before vehicle buyers are […] [Read More]
S&P Global Mobility acquires Market Scan
Thursday, Feb. 16, 2023, 10:41 PM
Auto Fin Journal Staff
One of the main sponsors of the upcoming Auto Intel Summit and NRC Spring Summit now has new ownership. Late on Thursday, S&P Global Mobility announced the acquisition of Market Scan Information Systems, a leading provider of automotive pricing and incentive intelligence and one of the sponsors of those events set to be orchestrated by […] [Read More]
EBlock names Lisa Scott president
Thursday, Feb. 16, 2023, 09:32 PM
Auto Remarketing Staff
E Automotive Inc. has promoted executive Lisa Scott to serve as president of its EBlock business unit, the company said late Thursday afternoon. Scott was previously EBlock’s chief revenue officer. Her prior roles include serving as president of PAR North America and chief client officer at ADESA Canada. The promotion is part of the company’s […] [Read More]
New online logistics portal joins auto transport space
Thursday, Feb. 16, 2023, 07:44 PM
Auto Remarketing Staff
The vehicle transport and logistics space continues to grow. Late last month, a new online portal for vehicle logistics launched: Auto Hauler Exchange, a platform the company says, “streamlines the shipping process, cuts shipping delays, and reduces empty space on carriers and unnecessary miles while increasing revenue.” Auto Hauler Exchange, also called AHX, aims to […] [Read More]
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