RunBuggy, a tech platform designed to connect car shippers and transporters, has added Automotive Ventures founder and chief executive officer Steve Greenfield to its advisory board. Greenfield will be a strategic advisor on the advisory board for RunBuggy, which launched in 2018 and landed Series A funding in June in a round led by a […] [Read More]

These women flourish in what might be the most challenging segment of auto finance. The inaugural class of Women in Collections and Recoveries honorees is presented by American Recovery Service (ARS). The 13 honorees come from both large, nationwide companies and smaller, family businesses. But all provide crucial services and support to make the entire […] [Read More]

Based on the theme of going back to school, Point Predictive’s Frank McKenna and Justin Davis made their monthly visit for the Auto Remarketing Podcast to discuss developments associated with fraud. McKenna and Davis shared what’s been the most interesting fraud element they’ve each learned so far this year and how it might be applicable […] [Read More]

EFG Companies announced the expansion its C-suite leadership on Tuesday. Coming aboard as chief information officer to reinforce company’s commitment and support of the rapidly evolving consumer protection product industry is Joe Vide. According to a news release, Vide will set the vision for EFG’s technology capabilities to fulfill strategic business objectives, improve efficiency, and […] [Read More]

Electric vehicles remain a small slice of the overall used-car market, but the segment has grown in the past decade, especially in recent years, as additional automakers have entered the market. Specifically, just 0.6% of used-car sales are EVs, according to Autonomy’s debut EV Market Report released Tuesday. And for the largest continent of pre-owned vehicles […] [Read More]

Reputation has released the 2022 Automotive Reputation Report, which analyzes customer feedback on more than 20,000 automotive brands and dealerships across the U.S. and Canada as well as thousands more in Europe. Included in the report are customer sentiment and online reputation rankings of private and public dealer groups in the U.S., as well as […] [Read More]

Lithia & Driveway showed the depth and diversity of its automotive enterprise via the trio of moves the company announced on Tuesday. The actions included the acquisition of five stores, an issuance of securities associated with its finance company and the launch of a state-of-the-art customer relationship management (CRM) and workflow platform. The acquisition allowed […] [Read More]

Facedrive Inc. has expanded its STEER EV electric vehicle subscription service to Florida, the company’s third U.S. market. STEER launched in Washington, D.C., in May 2019, and was acquired by Facedrive in September 2020. It expanded to Canada last year, launching in Toronto in May 2021.   STEER added Texas in July and British Columbia […] [Read More]

This week, a monumental privacy regulatory change takes effect in Canada that will directly impact the remarketing operations of auto consignors and their suppliers — chiefly among them auto auctions, recovery agents, and vehicle inspectors, in addition to fleet, rental and carsharing companies. While deleting Personal Information (PI) stored in vehicles has always been an obligation […] [Read More]

While Cox Automotive mentioned that overall consumer sentiment has been steadily improving, TransUnion discovered the youngest generations continue to be more optimistic about their financial future in the next 12 months than their older counterparts. The latest TransUnion Consumer Pulse study indicated that two in three Gen Z and millennials remain optimistic compared to … [Read More]