Auto Auction Services Corp., better known as AutoIMS, has made several changes to bolster its client success team. The team is headed by Ann Cammarata, an AutoIMS veteran who has been promoted to vice president of client success. She continues to oversee the client support team, and in her new role, she is also responsible […] [Read More]

Draiver has joined with car owner LEGACY MOTOR CLUB as the primary partner on the No. 43 Chevrolet Camaro ZL1 to be driven by Erik Jones in the NASCAR Cup Series’ inaugural Chicago Street Race on Sunday. Draiver is an on-demand vehicle delivery company based in Overland Park, Kan., with operations throughout the U.S., Canada […] [Read More]

AutoVerify has joined with Kijiji Canada and TD Finance in a partnership that will integrate AutoVerify tools into online vehicle listings on Kijiji as part of the Kijiji Lead Driver Bundle, giving car shoppers easy access to trade-in values and potential loan pre-qualifications. AutoVerify CEO Keith Murray said the integration will offer “convenient access to […] [Read More]

On Wednesday, the Federal Reserve Board said 23 banks passed its annual stress test, which policymakers explained shows that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. However, on Thursday, Fed chair Jerome Powell still struck a cautious tone about […] [Read More]

Privacy4Cars, a privacy-tech company focused on identifying and resolving privacy issues related to data collected by vehicles, announced its Vehicle Privacy Report is now available in Canada. The tool allows Canadian consumers to quickly see key privacy facts about a vehicle — including the personal information the manufacturer collects, shares and sells — by entering […] [Read More]

ACV is extending its reach into the commercial consignment segment, the company tells Auto Remarketing in an exclusive interview. It’s a broad strategy that includes ramping up its presence in additional segments of commercial consignment, the prior purchase of a physical auto auction, hiring of two remarketing industry veterans to lead this expanded offering and more. The company said it will offer its entire suite of digital solutions to commercial consignors, including ... [Read More]

The National Auto Auction Association now officially has a new leader. Paul Lips, who had been interim executive director since January, will become executive director on Saturday. Lips was NAAA president in 2013 and has served in various committee and executive capacities with the association. He spent 25 years with ADESA and what was then […] [Read More]

Fintech startup Exponential Exchange has published a tradable index for the used-vehicle market, billed by the company as the first of its kind, designed to offer a more accurate and efficient representation of wholesale price changes for pre-owned cars than currently exists. Combined with the company’s soon-to-launch derivative products, the Exponential Used Vehicle Index is […] [Read More]

A newly released TransUnion and J.D. Power study showed just how much risk is likely in your auto-finance portfolio nowadays. The study, “Impact of Unsettled Vehicle Values on Lenders and Consumers,” found that, as a result of well-established supply and inventory challenges early in and throughout much of the pandemic, vehicle values increased dramatically, in […] [Read More]

Domino’s Pizza has reached its goal of 800 electric vehicles in its delivery fleet — and it says there are plenty more to come. The pizza giant announced its 800th EV is now on the road, hitting the company’s target for the end of 2023. So, the company has raised the bar, with plans to […] [Read More]