Auto Remarketing is recognizing the 2022 Women in Remarketing honorees in the May issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Lisa Frank, owner and vice president of Kars-R-Us. Auto Remarketing: What is the top trend you’re watching in remarketing/wholesale automotive this year? Lisa Frank: […] [Read More]

Shift Technologies has closed its purchase of Fair’s dealer listing marketplace technology, the company said Thursday afternoon. As part of the deal first announced in March, Shift acquires certain assets of Fair Financial Corp. and certain subsidies, and acquires equity interests of a Fair subsidiary. And as part of the closing, Shift has also closed its […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Remarketing honorees in the May issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Roxanna Elliott, who is senior office & administration manager at MAG Auctions/DAA Seattle. Auto Remarketing: What is the top trend you’re watching in remarketing/wholesale automotive this […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Remarketing honorees in the May issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Jeni Hamlin, who is remarketing manager at Gateway Financial Solutions. Auto Remarketing: What is the top trend you’re watching in remarketing/wholesale automotive this year? Jeni […] [Read More]

We start this auction news roundup with the latest news from Black Widow Imaging. The company, which specializes in high-quality automotive imaging, said Wednesday it has partnered with Orlando Longwood Auto Auction, which will use the company’s imaging services and imaging marketing services. Orlando Longwood Auto Auction is part of the Auto Auction Holdings group. […] [Read More]

PowerBand Solutions, which is an Ontario-based trading and financing tech platform in the digital retail and fintech space, said this week it has secured a $20 million (USD) private placement through an entity controlled by J. Bryan Hunt Jr., and JPK Capital. The latter is an investment vehicle owned by Joe Poulin. Once the private […] [Read More]

The automotive portion of TransUnion’s newly released Q1 2022 Quarterly Credit Industry Insights Report (CIIR) gave context from the financing side about how tight vehicle inventories are impacting the entire industry. TransUnion said on Thursday that origination volumes in Q4 2021 dropped to … [Read More]

With an executive team in place as well as a relationship with the National Independent Automobile Dealers Association cultivated, National Lenders General Agency announced a new product offering this week. The firm specializing in reinsurance products for dealerships and finance companies in the buy-here, pay-here, lease-here, pay-here and point of sale markets launched contractual protection […] [Read More]

The drop in bankruptcy filings during April did not surprise industry experts. According to data provided by Epiq Bankruptcy, total U.S. filings last month decreased 21% from the previous year. [Read More]

Amid skyrocketing used- and new-car prices, some consumers mulling a vehicle purchase may choose just to wait it out, instead. Businesses who need vehicles for their daily operations don’t have that option. [Read More]