Mentorship is not one-size-fits-all. It takes many forms, and the mentor/mentee relationship can serve a variety of purposes. Lydia Bowser, director of human resources at PAVE AI, and Dee Murphy, founder of The Liminal Place, address the different mentorship archetypes in this episode of the Auto Remarketing Podcast, where they preview their Canada’s Used Car […] [Read More]

Safety has long been a top priority for the auto auction industry and was further strengthened in 2015 when the National Auto Auction Association’s leadership declared that the days of treating it as a goal rather than a value were over. At Manheim, safety is a core value and an integral part of every decision […] [Read More]

In a wholesale vehicle market where prices continue to slow on a week-by-week basis, truck segments had particularly strong depreciation in the last full week of May. According to the latest Market Insights report from Black Book, truck/SUV values were down 0.32% for the week ending Saturday, which is not only more than double the […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from April’s Auto Intel Summit & NRC Spring Summit is a panel discussion on blockchain and automotive — specifically, how global auto manufacturers, lenders, retailers, suppliers, trade associations and government bodies are working together to cost effectively enable seamless and secure business processes while safeguarding […] [Read More]

PureCars has a new CEO. The company, which provides a customer data and marketing platform for car dealers, said Tuesday that appointed to serve as the new chief executive is Aaron Sheeks, who had been president of PureCars since January. Stephane Ferri, who had been CEO since June 2022, will transition to a continuing role […] [Read More]

They might be some of the younger personnel at their dealerships, but they’ve already shown their ability to thrive in a variety of roles and responsibilities. Auto Remarketing’s “Dealers Under 40,” presented by Automotive Training Network (ATN), hail from a variety of operations. Some honorees are already store general managers or leading executives for dealer […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from April’s Auto Intel Summit & NRC Spring Summit is a panel discussion featuring four consignors. Moderated by Cherokee Media Group senior editor Nick Zulovich, this panel includes Joe Caruso of SIXT Rent-A-Car, George Koditek of Hyundai/Genesis Motor America, Kimberley Pacheco of Primeritus Financial Services […] [Read More]

Both AAA and TransUnion predicted notable travel activity happening on the roads this Memorial Day weekend and beyond. However, a recent analysis by Cox Automotive of Xtime metrics showed the car owners might not have done a lot of vehicle maintenance before beginning their journeys. Cox Automotive indicated that service activity and revenue at franchised […] [Read More]

Next up on our “NAAA 75th” series of the Auto Remarketing Podcast is a conversation with Kevin Cook, AVP of client services at Manheim. Cook is also the co-chair of the NAAA Auction Standards Committee. He joins the show to talk about his work with the association, its importance to small businesses like auctions and […] [Read More]

Although overall wholesale vehicle values this month have “plateaued” at the spring/tax season peaks reached in April, prices on late-model units continues to rise. That’s according to the latest Kontos Kommentary report from ADESA chief economist Tom Kontos released Thursday. The average wholesale vehicle value was at ... [Read More]