America’s Group and two of its auctions have taken home a few awards this year in the annual auction awards program at C&F Finance Company and C&F Remarketing. The overall group was named C&F Finance Company’s National Auction of the Year, while America’s Auto Auction Virginia Beach earned C&F Remarketing’s Auction of the Year honors and America’s […] [Read More]

There is something surreal about today's retail automotive market. Assumptions, once taken as articles of faith, are not only being questioned but also discredited altogether. Take, for example, the role vehicle leases have traditionally played in creating a win-win-win value proposition that has well-served consumers, dealerships, and automotive manufacturers for decades. For consumers interested in […] [Read More]

On Wednesday, Rapid Recon — which was part of an acquisition announcement made last week by Vehlo — named Bridget Townsend as senior vice president of product development. Among Auto Remarketing’s Women in Remarketing honorees in 2014, Townsend has been in software development since 1995, focusing on automotive software solutions since 2000. She joined Rapid […] [Read More]

The American Recovery Association said submissions are open for the 2023 NARS Industry Awards, which will be given during the 15th annual North American Repossessors Summit (NARS) on April 6-7 in Orlando, Fla. Awards will be handed out in seven different categories. The NARS Planning Committee will select the top three nominations in each category, […] [Read More]

Upstart recently added two new applications to its auto retail platform. The artificial intelligence (AI) lending marketplace boosted Digital Finance and Online Sales in an effort to offer dealerships a seamless online to in-store vehicle-buying experience, from search to signing. Upstart Auto Retail combines online and in-store digital retail capabilities with financing and manager tools […] [Read More]

Wolters Kluwer recently announced fourth quarter and end-of-year results and analysis from its Auto Finance Digital Transformation Index, a resource designed to track the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution from paper-based finance back-office processes to digital. According to the index, dealers, service providers and […] [Read More]

Sometimes your customers not only want their tires and wheels to function correctly, they want them to look sharp, too. To help, Wise F&I recently rolled out a product offering on Monday that includes tire and wheel protection, plus appearance coverage benefits, called TIREWise PLUS. Wise F&I president and chief executive officer Matt Croak explained […] [Read More]

In a transaction one top executive called a “industry changing,” last week Reynolds and Reynolds announced the acquisition of American Guardian Warranty Services (AGWS), a provider of vehicle service contracts, limited warranties and other F&I products and services. Reynolds said the acquisition will provide a “clear path” for dealers looking to streamline selling aftermarket products […] [Read More]

Think of the used-car supply picture back in 2010 through 2012. These were the years in the aftermath of the Great Recession, automaker bankruptcies and, ultimately, new-vehicle sales tanking. “All you dealers out there that remember trying to get used cars, especially lease maturities back in 2010, 2011, they weren't there,” Jonathan Banks, vice president of […] [Read More]

Dealers Auto Auction Group said Monday it has promoted Stacy Brown to serve as the group’s vice president of digital sales. In this role, Brown will lead a team to drive growth in the DAAG digital platform across the U.S. Brown has been in the industry for more than 24 years and returned to her […] [Read More]