The American Recovery Association’s new leadership tandem made time for this episode of the Auto Remarketing Podcast. Installed earlier this summer, president Vaughn Clemmons and executive director Joel Kennedy offered their perspective on taking these leadership roles for an industry segment that facing some notable challenges. To listen to the conversation, click on the link available […] [Read More]

More than 35 credit unions already use the platform fueled by Credit Union Leasing of America (CULA), and the service provider grew its client base this week by adding Affinity Federal Credit Union. Initially, Affinity plans to offer this leasing opportunity to New Jersey members and local dealerships, with plans to expand the indirect leasing […] [Read More]

According to a news release a pair of independent dealerships in the Southeast are among the stores already seeing the advantages of using Solera Auto Finance (SAF) after receiving rebate checks as part of the finance company’s rewards program. Drive a Dream, an independent dealership in Marietta, Ga., earned a rebate check that reduced its […] [Read More]

Blinker and Flagship Credit Acceptance now are collaborating to leverage their collective resources to gain more share within auto financing. The automotive e-commerce technology and services company and auto-finance provider managed by funds controlled by Perella Weinberg Partners Capital Management (PWPCM) and sub-advised by an affiliate of Innovatus Capital Partners (ICP) announced they have completed […] [Read More]

Earlier this week, F&I Sentinel made its fourth major move so far this year, announcing its chief financial officer. After landing funding from Calera Capital in February and hiring two former F&I Express executives and adding former Hudson Cook partner Rick Hackett to its board in May, the compliance solutions provider said Tim Barchie joined […] [Read More]

EFG Companies recently reinforced its educational offerings because the company said its F&I training graduates produce an average of $206,000 in additional annual revenue. To help more industry professionals achieve to that degree, EFG Companies welcomed Kim Kotz-Carroll as vice president of training and recruiting. EFG reiterated that it positions clients to weather industry changes […] [Read More]

He’s back, folks. Tom Kontos has released his first industry commentary since the closing of KAR Global’s sale of its U.S. ADESA auction business to Carvana. The longtime auto analyst, who is now the chief economist at ADESA Auctions, shared his thoughts on … [Read More]

Shortly after its purchase of Accu-Trade in February, Cars.com executives said bringing the company into the fold could help facilitate another inventory acquisition source for dealers: buying cars directly from the public. That came to fruition this week with the official launch of Instant Offer, a new Accu-Trade-powered capability on Cars.com where consumers can sell their rides […] [Read More]

Shop Smart Autos founder and chief technology officer Richie Bello closed July by making a major strategy pivot, announcing that the company is taking its focus from dealer lead provider to strictly a consumer marketplace. According to a news release, the company no longer will sell consumer leads to dealers. The company intends to offer […] [Read More]

Marty Miller definitely did his homework for this episode of the Auto Remarketing Podcast. The director of automotive data for Experian Automotive shared the latest trends associated with brand loyalty and which vehicles are resonating most with consumers nowadays. To listen to the conversation, click on the link available below, or visit the Auto Remarketing Podcast page.  […] [Read More]