There are scores of examples in automotive where the parent handed over the family business to a son or daughter or they followed the same professional path. Auctions, dealerships, and service centers come to mind. But what about the legal world and automotive compliance? That’s what makes the situation involving Paul Metrey and his son, […] [Read More]

In this episode of the Auto Remarketing Podcast, Plug founder and CEO Jimmy Douglas sat down with Auto Remarketing senior editor Joe Overby at the Auto Intel Summit this month to talk all things used electric vehicles. They discuss the Plug’s product expansion to help dealers navigate EV trade-ins, its budding partnership with brick-and-mortar auto […] [Read More]

April represents the 10-year anniversary of iFrog Marketing Solutions, a digital marketing agency specializing in automotive and other industries. Founded in 2015 by the Preston Automotive Group, iFrog Marketing Solutions has significantly expanded its offerings, growing from a strong presence in the Tier 3 automotive space to serving Tier 2 automotive brands and a wide […] [Read More]

Could the environment get any crazier for the used-car supply line? First of all, dealers are facing an multimillion supply shortfall over the next three years, along with a 50% reduction in lease returns. That’s because leasing took a big hit way back in 2021. Now, there’s uncertainty for the supply of new cars, which […] [Read More]

AutoNation said Monday it has hired former Nissan executive Jeremy Tucker as its new chief marketing officer, replacing Rich Lennox, who left the retailer after two years. Tucker was most recently executive vice president, global chief marketing officer and chief franchise officer at Spin Master. During his time at Nissan Motor Co., he was head […] [Read More]

In recent years, the auto finance market has been completely reshaped by rising vehicle prices, the widespread adoption of electric vehicles and shifting consumer preferences toward flexible leasing models. Yet, despite these changes, many auto finance organizations continue to rely on legacy software designed for a different era. These outdated systems struggle to keep pace […] [Read More]

Solifi, a global fintech software partner for secured finance, on Thursday announced the appointment of Mike Cagle as its new chief financial officer. With more than 20 years of experience in financial leadership and SaaS company management, the company highlighted Cagle brings a great deal of knowledge and expertise to Solifi. As chief financial officer, […] [Read More]

MVTRAC and Recovery Industry Services Company (RISC) highlighted six benefits of their partnership designed to streamline workflows, reduce administrative overhead, and cultivate a compliant and effective network of repossession agents. Among the key automations and workflow efficiencies are: — Insurance validation: RISC’s automated systems can allow MVTRAC to quickly and accurately verify agent insurance coverage, […] [Read More]

As the organization gets set to host the North American Repossessors Summit this week in Orlando, Fla., the American Recovery Association (ARA) announced a partnership with Recovery Database Network (RDN). According to a news release, RDN vice president John Sibbitt has accepted a seat on ARA’s technology committee to more effectively coordinate their combined undertakings […] [Read More]

When it comes to leasing, it has been well documented that electric vehicles have bucked the overall industry trend in recent years: EV leases are rising, while overall leasing numbers have dropped. In fact, 31% of new EV transactions in 2023 were leases, according to Experian’s Q4 2024 State of the Automotive Finance Market report, […] [Read More]