The National Auto Auction Association has postponed its annual convention, which had been set for Sept. 28-30 in Chicago. In an alert sent to members, NAAA said: “The Executive Committee of the NAAA remains steadfast in delivering best in class content and experience to our members, associate members, partners, sponsors and friends.  “Based upon broad […] [Read More]

DRAIVER, an AI logistics platform and driver marketplace, added Jim Bauman to its leadership team as vice president of client success. The company pointed out in a press release that Bauman "is an automotive, software, and rideshare industry veteran," with over two decades of experience in the former industries.  He most recently served as automotive partnerships lead at […] [Read More]

Carvana now offers its touchless home vehicle delivery to Reno, Nev., and Carson City, Nev., residents, the online retailer announced this week.  Now, Nevada residents in the areas can shop the e-commerce platform's 45,000 vehicles for sale.  Of the launch in Reno, Carvana founder and chief executive Ernie Garcia said: “We look forward to giving residents of […] [Read More]

CarGurus has joined comedian and car enthusiast Jay Leno  for the revival of popular game show "You Bet Your Life." The online auto platform for buying and selling vehicles has launched a premier partnership with the gameshow inspired by the classic Groucho Marx game show. What does the partnership entail? CarGurus will play a big […] [Read More]

Kelly Stumpe grew up the dealership world and began her own auto industry career at a BMW store in 2016. And last year, she used that dealership savvy and automotive know-how to launch The Car Mom, a multi-platform resource to help moms and families make informed and confident car-buying decisions. Stumpe joined Cherokee Media Group’s […] [Read More]

Perhaps those certified pre-owned Fords currently in your inventory might have become even more valuable thanks to a relationship the Blue Oval made with LexisNexis Risk Solutions. On Thursday, Ford and LexisNexis Risk Solutions announced they have entered into a strategic agreement so that Ford connected vehicle data can be available to U.S. auto insurers […] [Read More]

The XLerate Group continues to make big moves this summer. A week after announcing new majority ownership and less than two months after buying Liquid Motors, the company has expanded its reach into Louisiana. XLerate said Thursday it has purchased Greater Shreveport-Bossier Auto Auction. With this acquisition, which is the group’s 10th, XLerate now has […] [Read More]

Wholesale vehicle prices in Canada have climbed four consecutive weeks, amid tight supply that’s often gobbled up as soon as buyers can get their hands on a vehicle. That’s according to the latest Canadian Auto Market Update from Canadian Black Book, which said overall wholesale vehicle prices climbed 0.21% last week. That’s up from a […] [Read More]

After last week’s 25th annual Non-Prime Auto Financing Conference, the National Automotive Finance Association made three new additions to its board of directors. According to messages sent to SubPrime Auto Finance News, the new NAF Association board members are: — Jeff Anderson, vice president of claims products at SWBC — Carissa Robb, president of Constant […] [Read More]

Just like the pandemic is slowing defaults and vehicle repossessions, COVID-19 is keeping bankruptcy courts quieter than usual, too. Epiq released its August bankruptcy filing statistics from its AACER bankruptcy information services business this week. [Read More]