The Honda Civic grabbed the top spot on Carvana’s mid-year list of its 10 best-selling vehicles. The online retailer’s most popular cars included six sedans, which it said signals affordability and accessibility are critically important to customers in the used vehicle market. No. 2 on the list was the Chevrolet Equinox, followed by the Nissan […] [Read More]

Wolters Kluwer recently shared the results from its latest industry survey it commissioned to better understand where automotive dealer and auto finance professionals are still finding barriers in adopting more digitized solutions for back-office documentation processing. Wolters Kluwer presented an online survey to more than 2,000 automotive dealer, finance company and service provider professionals during […] [Read More]

A traditional measuring stick for subprime auto financing has been that consumers in this segment typically top out at a $400 monthly payment. The newest data from Edmunds perhaps showed how unlikely it is those subprime customers can swing the monthly payment for a new vehicle. New-vehicle transaction data from Edmunds released on Monday showed […] [Read More]

On the heels of announcing its partnership with RouteOne to help dealers curb fraud, Point Predictive announced the underwriting fruit of a collaboration with Sofi Point Predictive recently debuted what it called a “groundbreaking” API designed exclusively for fintech and lenders designed to enhance the verification process by enabling instant validation of borrowers’ income, employment […] [Read More]

Want an EV delivered to your door? Halo.Car will do it — without a driver. The provider of on-demand electric vehicles has removed safety drivers from its remote-piloted vehicles in what it calls a “world-first commercial launch.” The program is being launched in Las Vegas after four years of testing with safety drivers present inside […] [Read More]

Canadian Black Book has a new president. Promoted to the role effective Saturday is Yolanda Biswah, who was most recently CBB’s senior vice president and general manager. Biswah has been with CBB since 2015 and has held roles in sales leadership, data licensing and customer experience. She has also spent time at TELUS and AutoTrader. […] [Read More]

Manheim announced enhancements to its Manheim Market Report, broadening MMR’s coverage while making it more responsive to fast-changing market dynamics, adding a cleaner interface and providing more trustworthy estimated retail values. Manheim is also making MMR available to all wholesale marketplaces. “The market is shifting faster than ever before, and our team has worked tirelessly […] [Read More]

Next up on our series of shows from the Canada’s Used Car Week Podcast stage in June is a conversation with Colin Tran, vice president of corporate affairs at Trust Science. Tran and Cherokee Media Group senior editor Joe Overby talk about Trust Science’s role as a credit decisioning and borrower acquisition platform in the […] [Read More]

The September edition of Auto Remarketing will celebrate the National Auto Auction Association, its 75th anniversary and the auto auction industry at large. One of the features in this special issue is the annual “Auction Life” photo spread, where we invite NAAA-member auctions to submit photos of daily auction life from the past year. If you and […] [Read More]

As part of the upcoming NAAA Convention issue of Auto Remarketing, we are once again spotlighting the High Performance Auto Auctions, a program presented by CARS Recon. Essentially, this is a roundup of “Auto Auction of the Year”-type awards from consignors, auction groups and other industry stakeholders. For example, if you are a consignor, this might […] [Read More]