Digital automotive platform Fair is shifting away from vehicle subscriptions and is relaunching with a new model in 2022. What will this pivot entail? Fair chief executive officer Brad Stewart joined the Auto Remarketing Podcast to explain.  Stewart became CEO of Fair in May 2020, taking over for then- interim CEO Adam Hieber, who taken […] [Read More]

Constant, a provider of digitized, self-service technologies, recently announced that it has partnered with DirectID, a global credit risk platform, in an effort to transform digital loan servicing and loss mitigation for banks and credit unions. According to a news release, their integrated solution will enable borrowers and contract holders to self-serve for loan management […] [Read More]

Equifax recently made two moves in an effort to make select differentiated data assets more widely available. Equifax announced one offering through AWS Data Exchange through Amazon Web Services (AWS) and another through the Snowflake Data Marketplace. The path through AWS can allow users to find, subscribe and use third-party data in the cloud. This […] [Read More]

Kroll Bond Rating Agency (KBRA) released its auto finance ABS indices for July, as analysts used a description that might make many executives and managers a little more confident about how the entire market is behaving. [Read More]

Fuccillo Automotive Group has sold its Fuccillo Nissan of Clearwater to Morgan Auto Group, according to Kerrigan Advisors, which represented and advised Fuccillo. This is the fifth Florida dealership sold by Kerrigan on behalf of Fuccillo since December 2019. The transaction is the 121st dealership sale that Kerrigan has led since 2015 and its ninth in […] [Read More]

CarLotz said Monday it has opened a hub in the St. Louis area, its third location in the Midwest. It is located at 1807 W Highway 50 in Fairview Heights, Ill. CarLotz’s other two Midwest locations are located in the Chicago area. CarLotz provides omnichannel services in California, Colorado, Florida, Illinois, Missouri, North Carolina, Tennessee, […] [Read More]

KAR Global has made yet another big move in the online dealer-to-dealer space. The company said Monday it has reached a deal to acquire CARWAVE Holdings for $450 million. The California-based dealer-to-dealer online wholesale marketplace was founded in 2009, and its network of dealer customers includes stores in Arizona, California, Nevada, Oregon and Texas.  The platform […] [Read More]

With the International Automotive Remarketers Alliance Summer Roundtable fast approaching, I am personally eager to reconnect with those in the remarketing industry after more than a year of virtual meetings. This industry is built on relationships, and it is more important now than ever before that we take time to invest in those relationships and focus […] [Read More]

Del Grande Dealer Group (DGDG) and Walser Automotive Group made positive headlines on Thursday and Friday in connection with their workplaces and philanthropic efforts. At Walser, the group highlighted its campaign is driving more than $100,000 to nonprofits in the Minneapolis-St. Paul metropolitan area as well as the Wichita, Kan., region. According to a news […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part II of the feature. In part I of this feature, we looked at the market impacts affecting the reconditioning activities at the wholesale auction industry’s two […] [Read More]