Autonomy has teamed up with AutoNation in a partnership the electric vehicle subscription company says will help it scale — both in terms of geographic and product expansion. Currently, Autonomy offers the Tesla Model 3 and Model Y, but AutoNation, which will be Autonomy’s “Dealer of Record,” will aid the company in its plans to […] [Read More]

Earlier this summer, Consumer Financial Protection Bureau director Rohit Chopra compiled a blog post beneath the heading, “Rethinking the approach to regulations.” Chopra articulate three reasons why the CFPB now sees it as “important to move away from the failed approach of the past.” The director wrote, “Markets work best when rules are simple, easy […] [Read More]

Perhaps it shouldn’t alarm consignors and dealers too much, but Black Book spotted a vehicle segment make a notable value decline for the first time in 77 weeks. After a stretch of price increases or week-over-week stability that began February 2021, analysts said prices for full-size vans dropped … [Read More]

LexisNexis Risk Solutions said automakers might have a great path to stay connected with used-vehicle buyers for a host of potential business opportunities. LexisNexis Risk Solutions explained that its new study showed U.S. consumers want to hear from their automakers about connected services, safety recalls, warranties, insurance discounts and other benefits. Insights from more than […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Montway Auto Transport reached 15 years in the third-party logistics and vehicle transportation business on Monday, and the company rolled out campaign that might make 15 clients feel like celebrating, too. According to a news release, the company is giving 15 randomly selected individuals the chance to receive $150 off their vehicle shipment. Participants can […] [Read More]

Last week, ACI Worldwide and IR extended their partnership to include enriched end-to-end enterprise transaction monitoring Part of the ACI Enterprise Payments Platform, ACI Payments Monitoring powered by IR Transact can give banks and financial institutions visibility into the health of their systems and status of payments in real time — covering high-value and low-value […] [Read More]

This monthly installment of the Auto Remarketing Podcast focused on fraud with two experts from Point Predictive tackled the world of credit washing. Justin Davis and Frank McKenna recapped what credit washing is and how it can impact auto financing, as well as a recent case that triggered a major indictment stemming from an investigation […] [Read More]

AutoWeb said Monday it has entered a deal to be acquired by a subsidiary of One Planet Group in a cash deal priced at $0.39 per share of AutoWeb. One Planet Group chief executive officer Payam Zamani will become AutoWeb’s president and CEO. Jared Rowe will transition out the company. Zamani was the co-founder and […] [Read More]

Bain Capital, along with a wholly owned subsidiary of the Abu Dhabi Investment Authority, have entered a definitive agreement to buy Merchant Automotive Group, which does business as Merchants Fleet and Merchants Auto. The deal was announced Thursday by Merchants. The company said in a news release that Merchants’ leadership team will retain their current […] [Read More]