Search Results
Former Black Book president & chairman Burnett dies at 81
Monday, Apr. 11, 2022, 06:45 PM
Auto Remarketing Staff
Black Book said Friday that Robert Burnett, former president and chairman of the National Auto Research (publisher of the Black Book vehicle appraisal guides), died April 3 at his home in Sarasota, Fla., at the age of 81. Black Book is part of the Business Media group of companies at Hearst. In a news release, […] [Read More]
CarOffer names VP of consumer operations
Monday, Apr. 11, 2022, 06:42 PM
Auto Remarketing Staff
CarOffer, which is part of the CarGurus network, has named its vice president of consumer operations, and taking on this newly created role is Kim Jenkins, who was previously senior director of training and implementation. In the new role, Jenkins — who has been with CarOffer for about five years — will head up the […] [Read More]
Autonomy EV subscription service now in San Diego
Monday, Apr. 11, 2022, 06:12 PM
Auto Remarketing Staff
Autonomy had a successful launch in Los Angeles in January, added service in the San Francisco Bay Area in March, and then last week the electric vehicle subscription company brought its platform availability to San Diego. The company that claims to be the cheapest, fastest and easiest way to get a Tesla Model 3 said […] [Read More]
Bel Air planning 2 days of events to celebrate 75 years
Monday, Apr. 11, 2022, 05:56 PM
Auto Remarketing Staff
BSC America’s Bel Air Auto Auction is ready for a memorable week. One of the longest-running auto auctions in the country will celebrate its 75th anniversary on Wednesday and Thursday. According to a news release, Bel Air is expecting more than 2,500 vehicles to cross the block and many customers to participate in the festivities. […] [Read More]
‘Ethical hacking’ firm set to open new corporate complex
Monday, Apr. 11, 2022, 03:39 PM
Auto Fin Journal Staff
A cybersecurity company known for “ethical hacking” and advising Fortune 500 firms as well as federal, state and local governments is about to move into a new headquarters. TrustedSec is hosting a grand opening ceremony on May 6 for its new corporate complex in Fairlawn, Ohio. The new facility contains 20,000 square feet and includes […] [Read More]
FlipCar to deliver enhanced trade-in experience for credit union members
Monday, Apr. 11, 2022, 03:34 PM
Auto Fin Journal Staff
Two service providers are working together to help credit union members find the used model they want or get more for the vehicle they want to sell. Member Auto Center, a credit union-owned vehicle shopping program, recently partnered with E-Dealer Direct to offer FlipCar, a unique vehicle selling solution to Member Auto Center users. Whether […] [Read More]
Despite slight dip in new-car prices, leasing costs projected to keep rising
Monday, Apr. 11, 2022, 03:32 PM
Auto Fin Journal Staff
Freedonia Focus Reports and Kelley Blue Book shared more data and projections about vehicle leasing and new-model prices. Freedonia Focus Reports said that U.S. consumer spending on vehicle leases is forecast to rise 1.3% per year in nominal dollars through 2025. Analysts explained that increased consumer leasing of crossover utility vehicles, sport utility vehicles and trucks — […] [Read More]
Ally & TMCF now accepting applicants for Moguls in the Making
Monday, Apr. 11, 2022, 03:27 PM
SubPrime Auto Finance News Staff
Applications for a college-student competition cited by Fast Company as a reason Ally Financial ranked sixth on its 2021 list of Best Workplaces for Innovators — which recognizes companies that foster creative cultures — recently got in motion. Ally Financial and the Thurgood Marshall College Fund (TMCF), the largest organization exclusively representing the Black College […] [Read More]
AutoIMS promotes longtime exec Smith to VP role
Friday, Apr. 8, 2022, 07:54 PM
Auto Remarketing Staff
AutoIMS has promoted director Keely Smith to the role of vice president of contracts and business services. Smith has been with the company since March 2002, when she joined as head of customer service and was one of the early employees at AutoIMS. She eventually began managing customer contracts billing and compliance. In her new […] [Read More]
Q2, especially April, could be ‘strongest’ time for used-car values
Friday, Apr. 8, 2022, 07:37 PM
Auto Remarketing Staff
Though still considerably higher than year-ago levels, wholesale vehicle prices declined sequentially for the second consecutive month. And the slowdown appears far from over, according to Cox Automotive, which said its Manheim Used Vehicle Vehicle Index came in at 223.5 in March. While up 24.8% year-over-year on a mix-, mileage- and seasonally adjusted basis, that […] [Read More]
X