We begin this auction news roundup with an update on what has been one of the biggest stories in the space in years. Carvana said in a news release Thursday that it anticipates its deal to acquire KAR Global’s U.S. ADESA physical auction business will close next month. The online retailer said that to “facilitate this […] [Read More]

When consumers think used cars, many think of CarMax, the nation’s largest publicly traded used-car retailer. And there’s a good reason for that. The company’s reputation as a large-volume used-vehicle retailer shone strong during the company’s fiscal year 2022. CarMax recently released its fourth quarter and full 2022 fiscal year results, and the company’s share of the […] [Read More]

NuVinAir's newest executive brings a diverse automotive background to her position, having experience with an automaker, a software company and a retailer. The company that offers a suite of patented and proprietary products that are designed to create healthy vehicle interiors safely has named Misa Tanaka as its new regional support director for the West […] [Read More]

Both in formal presentations and networking chatter during last week’s Auto Intel Summit, attendees mentioned the collaborative move by General Motors and Honda when the topic turned to electric vehicles. The automakers recently announced plans to expand the two companies’ relationship to a new chapter by codeveloping a series of affordable EVs based on a […] [Read More]

Along with naming a new general counsel to fill a void created by retirement, Exeter Finance recently launched its new, comprehensive dealer portal. The finance company that specializes in non-prime and subprime paper highlighted that its portal now available nationwide and can provide dealers with “better, faster service as they help their non-prime and near-prime […] [Read More]

APCO Holdings recently promoted one of its executives who has been with the provider and administrator of F&I products and home to the EasyCare and GWC Warranty brands for more than 15 years. Ascending into the role of senior vice president and chief information officer is Monte Pinkett, who joined APCO in 2005. According to […] [Read More]

The Auto Intel Summit made a triumphant return to be an in-person event last week, bringing together one of the most concentrated collections of highly intelligent industry executives and entrepreneurs in a single conference hosted by Cherokee Media Group. The three days were filled with intriguing presentations and conversations. Here are just three anecdotes that […] [Read More]

Bloom Credit, which offers an API platform designed to simplify the way businesses integrate with the credit bureaus, recently announced Matt Keleshian has joined the firm in the newly created role of senior vice president and head of operations, reporting directly to Bloom Credit chief executive officer Christian Widhalm. Most recently senior director of operations […] [Read More]

AutoIMS has promoted longtime executive Joe Miller to the new role of executive vice president of client success. Previously, Miller was a vice president at the company, heading up solutions, marketing and client support. He joined AutoIMS in 2009, first working to redesign the RecoveryIMS product before soon being promoted to lead the client support […] [Read More]

Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through its Women & Automotive: Profiles in Leadership program. And we're excited to announce our 2022 honorees, who will be recognized in the upcoming March/April edition of […] [Read More]