Fast-growing America’s Group is adding to its leadership team with two new vice presidents. The parent company of America’s Auto Auction and AXLE Funding has promoted Melissa Miller to vice president of marketing and Summer Ernsberger to vice president of customer experience, moves the company said reflect its “ongoing commitment to recognizing talent and advancing […] [Read More]

Experian and Plaid want to make consumer activities involving cash more useful for auto-finance companies and other lenders. The companies recently announced a strategic collaboration aimed at lowering barriers to accessing cashflow solutions and expanding financial inclusion. Now, banks, credit unions and consumer lenders can leverage Experian and Plaid’s combined expertise in real-time cashflow data […] [Read More]

After the strongest month in nearly five years, wholesale auction sales were “substantially more muted” in May, but still up more than 3% from a year ago. And though down double-digits from pre-COVID level, year-to-date sales are performing favorably compared to 2024. That’s according to the latest AuctionNet data and commentary from the National Auto […] [Read More]

The American Financial Services Association recently responded to the Federal Trade Commission’s request for feedback about regulations that create impediments to competition. AFSA president-elect Celia Winslow sent a letter sharing concerns about how the FTC has shifted policy regarding the Holder Rule in a manner that that the association sees as harming both the industry […] [Read More]

To a casual observer, Manheim Detroit seems a bit chaotic. People scurrying between moving cars. People peering into and under the hoods of cars. Cars lined up as far as the eye can see. Manheim Detroit is part of the Manheim auction chain and what looks like chaos to the untrained eye in reality is one part of a vehicle-selling powerhouse ... [Read More]

Rivian has created a fertile environment for robust demand for the two new models it will launch in the next few years, Rivian CEO RJ Scaringe said at recent investment bank conferences. That means consumers looking to buy a used Rivian EV at a lower price than the current market offers will have more selection to choose from, but that used supply isn’t likely to appear until 2028 and beyond. Meanwhile, pre-owned Rivians already out there are ... [Read More]

Canadians value vehicle safety. That much is clear, as the latest research from Volvo Car Canada found 81% of Canadians said safety ratings influence their purchasing decisions. But that’s not the end of the story. Volvo’s survey of 1,505 Canadians on the Angus Reid Forum, conducted in May, also showed fewer than half said they […] [Read More]

It’s an emerald anniversary for Canada’s Used Car Week. This year’s conference is marking two decades of connecting Canada’s automotive industry. In honor of our 20th anniversary, we’re rolling out an upgraded, high-impact schedule — designed to maximize value with more connections, insights, and business-building opportunities packed into just two powerful days. Canada’s Used Car […] [Read More]

A new partnership is putting artificial intelligence-powered inspections into Otolane’s auction platform. The Canadian digital wholesale auto auction has partnered with U.S.-based inspection technology provider Click-Ins, integrating its AI visual intelligence tech directly into the Otolane’s platform. The companies said the collaboration enables dealers to conduct more thorough, consistent and accurate vehicle inspections before listing […] [Read More]

AutoNation has again hit the gas pedal on its Drive Pink campaign, launching a pair of new initiatives to support pediatric cancer hospitals and organizations. The auto retailer said it has partnered with Children’s Miracle Network Hospitals and the National Pediatric Cancer Foundation, reinforcing its commitment to cancer patients and expanding the reach of its […] [Read More]