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Sunday, Apr. 24, 2022, 10:18 PM
Auto Remarketing
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam hendrerit lectus in mollis eleifend. Suspendisse nisl libero, volutpat eget purus at, accumsan posuere nibh. Aenean ut scelerisque dolor. Maecenas euismod vestibulum est. Vivamus in mauris in nisl gravida lobortis. Maecenas nunc augue, egestas at eros ullamcorper, porta blandit dolor. Aenean in justo ultricies, faucibus turpis […] [Read More]
NAAA launches online arbitration troubleshooter tool
Friday, Apr. 22, 2022, 05:53 PM
Auto Remarketing Staff
The National Auto Auction Association is making it easier to connect with arbitration experts. The association said Thursday it has launched the “NAAA Arbitration Policy Troubleshooter,” an online tool designed to provide unbiased, expert guidance when arbitration issues arise. To use the tool, a user types in specific vehicle details, the sale it was sold […] [Read More]
COMMENTARY: Signs of a softening retail market in used vehicles
Friday, Apr. 22, 2022, 05:49 PM
Dale Pollak, vAuto
Earlier this month, I noted how retail used vehicle sales in April might be a stage-setter for the remainder of the year. Like many dealers, I was hopeful that sales would take a positive turn — that a shower of sales in mid-to late April might bring flowers in May and beyond. Well, it’s starting […] [Read More]
Former Cox Automotive analyst launches online CPO marketplace
Friday, Apr. 22, 2022, 04:30 PM
Auto Remarketing Staff
Former Cox Automotive analyst Zo Rahim, who knows a thing or two about the used-car market, has launched a new platform and marketplace focused solely on certified pre-owned vehicles. CPyO (which Rahim explains is pronounced SEE-PEE-YO) is a desktop solution that is designed to help dealers increase visibility of their CPO units for sale, help […] [Read More]
TrueCar names chief people officer
Friday, Apr. 22, 2022, 04:19 PM
Auto Remarketing Staff
TrueCar named a chief people officer on Thursday, appointing Jill Angel to the role. Angel, who had previously been executive vice president of people at Leaf Group, will report to TrueCar president and chief executive officer Mike Darrow. Angel joined Leaf Group in 2015. Her experience in “people operations” began after two decades in operations, […] [Read More]
Average rates on refinancing rise 15 basis points, but remain lower than a year ago
Friday, Apr. 22, 2022, 02:39 PM
SubPrime Auto Finance News Staff
While Cox Automotive recently reported that auto credit availability still remains at a record reading, RateGenius indicated another part of auto financing remains pretty healthy, too. The platform recently released its monthly Auto Refinance Rate Report revealing the current average interest rate on a reconfigured contract has risen 15 basis points to … [Read More]
Dealer philanthropy roundup: Premier Subaru, Vaughan Automotive & Mike Calvert Toyota
Friday, Apr. 22, 2022, 02:32 PM
Auto Remarketing Staff
Some of the latest philanthropic activities by dealerships include recent endeavors by Premier Subaru, Vaughan Automotive and Mike Calvert Toyota. Beginning in Branford, Conn., Premier Subaru president Robert Alvine presented a check for $45,850 to Shawn Heffernan, who is chief executive officer of Camp Rising Sun, which was designed to provide a safe, nurturing environment […] [Read More]
PODCAST: Recurrent CEO Scott Case on new funds, partnerships
Thursday, Apr. 21, 2022, 06:34 PM
Auto Remarketing Staff
In this episode of the Auto Remarketing Podcast recorded at the Auto Intel Summit last week in Raleigh, N.C., we connect with Scott Case, who is chief executive officer of Recurrent, a company that analyzes electric vehicle battery health and one of this year's "Emerging 8" honorees. Case discusses the company's recent $4.5 million round […] [Read More]
Texas AG files lawsuit against Vroom over alleged deceptive trade practices
Thursday, Apr. 21, 2022, 05:42 PM
Auto Remarketing Staff
Vroom is facing a lawsuit from Texas attorney general Ken Paxton, which is charging the online used-vehicle retailer with deceptive trade practices. According to a news release distributed on Wednesday, the lawsuit against Vroom, which also sells vehicles to Texas consumers under the name Texas Direct Auto, alleges that company has misrepresented and failed to […] [Read More]
National Lenders adds 4 new executives to focus on sales, marketing
Thursday, Apr. 21, 2022, 03:47 PM
BHPH Report Staff
National Lenders General Agency entered the reinsurance space last month with president Ken Terkel and executive vice president and chief operating officer Eric Hurst leading the company charge. This week, Terkel and Hurst expanded their executive team with the addition of three new sales regional vice presidents and a director of marketing. According to a […] [Read More]
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