Montway Auto Transport said Tuesday that Kaye Ceille, formerly the company’s chief operating officer, will now be the president of its business solutions group. In this new role, Ceille will aim to expand Montway’s business-to-business customer base, including dealers, auctions, rental car companies, automakers, auto finance companies, fleet management companies and moving/relocation companies. Her focus […] [Read More]

Westlake Financial announced its 2021 Auction of the Year Award winner on Monday, along with Top Regional Auction honorees. Taking home top honors was Manheim Dallas, which was also the regional winner in the South Central U.S. Other Top Regional Auction honorees included: Midwest Region: Manheim Milwaukee Southeast Region: Rawls Auto Auction Northeast Region: Manheim Baltimore-Washington Southwest Region: ADESA […] [Read More]

Perhaps used-car managers at dealerships and futures traders on Wall Street are similar nowadays, based on  what Black Book said is the current sentiment about new-car availability. Analysts acknowledged in the newest installment of Market Insights distributed on Tuesday that “supply-chain issues continue to push the ‘return to normal’ new-vehicle production levels well into … [Read More]

For dealers who use CDK Global technology in their service drives, a new integration finalized on Tuesday could help speed up their businesses. UVeye inspection technology has been integrated with the Fortellis Automotive Commerce Exchange platform used by more than 15,000 dealerships in the United States. High-speed UVeye vehicle-inspection systems now can help write repair […] [Read More]

Catalytic converter theft now is getting attention on Capitol Hill. The National Automobile Dealers Association, joined by 12 industry partners, sent a letter on Monday to U.S. House Energy and Commerce Committee Chairman Frank Pallone (D-N.J.) and Ranking Member Cathy McMorris Rodgers (R-Wash.) in support of H.R. 6394, a bipartisan bill to combat rising catalytic […] [Read More]

Electric vehicles (EV) have become an extremely polarizing topic over the years. Every day there seems to be dozens, if not hundreds, of articles talking about this segment of the automotive market. However, EVs still make up less than 5% of the total number of cars and trucks sold today, according to the International Energy […] [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is April Bean, […] [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. […] [Read More]

A dozen operators are in the running for the National Independent Automobile Dealers Association’s highest honor for its member dealers. On Monday, NIADA announced the finalists for the 2022 National Quality Dealer Award. The 12 finalists have all been selected as their state’s Quality Dealer by an NIADA-affiliated state independent dealers association. They are: —Alabama: […] [Read More]

S&P Global Ratings highlighted positive trends for net losses, recoveries and delinquency in connection with the U.S. auto ABS sector’s performance for the first quarter According to the report shared with SubPrime Auto Finance News, subprime net losses decreased month-over-month to … [Read More]