General Motors is looking for another way to incentivize potential buyers of its certified pre-owned vehicles. On Monday, the automaker launched the all-new My GM Rewards loyalty program for Chevrolet, Buick, GMC and Cadillac customers, with part of the rewards being the potential assistance toward delivery of a certified vehicle. The loyalty program features three […] [Read More]

Editor's note: This is Part II of a special preview, available only to CMG Premium subscribers, of Auto Remarketing's "2022 Used Car Kickoff" issue. This two-part piece focuses on the National Automobile Dealers Assocation, National Auto Auction Association, American International Automobile Dealers Association and International Automotive Remarketers Alliance. Part I can be found here. The issue will […] [Read More]

Editor's note: This is Part I of a special preview, available only to CMG Premium subscribers, of Auto Remarketing's "2022 Used Car Kickoff" issue. This two-part piece focuses on the National Automobile Dealers Assocation, National Auto Auction Association, American International Automobile Dealers Association and International Automotive Remarketers Alliance. The issue will also feature the National Automotive Finance Associaton. Receivables Management […] [Read More]

Free2move is continuing to broaden the footprint of its car sharing services. Last month, the company ventured into the Lone Star State. On Monday, Free2move announced availability in five of California’s largest cities, including San Francisco, San Diego, San Jose, Sacramento and Los Angeles. Along with those five markets in the Golden State, as well […] [Read More]

On Friday, Digital Align, which looks to use technology to transform business processes at credit unions, appointed Kevin Murphy as its first vice president of sales and business development. According to a news release, Murphy has worked for more than 20 years in the financial services industry, spending the last few at XCEL Federal Credit […] [Read More]

Evidently, it’s not easy to be a chief financial officer these days. CFOs are wrestling with new challenges and growing responsibilities in shorter time frames as tenure decreases, according to findings from a new survey conducted by the office of the CFO solutions practice at FTI Consulting, in collaboration with Industry Dive. In a survey […] [Read More]

Another executive who spent time at EFG Companies now is a part of the leadership team at AutoPayPlus by US Equity Advantage. The provider of biweekly payment processing announced through a news release on Monday that Hollis Goode has joined the company as national sales director. With 20 years of experience in automotive finance and […] [Read More]

On Monday, StoneEagle announced the promotion of one of its executives to be its new chief operating officer. Selected for this role for the provider of automotive menu, F&I and service metrics is Damar Christopher, who will work cross-functionally to increase alignment, momentum and stakeholder communication, so that the business consistently delivers on the objectives […] [Read More]

Much like the Eric Church song, the used-vehicle market was “having a record year” in 2021. That includes the Manheim Used Vehicle Value Index, which reached an all-time high of 236.2 in December and beat the prior-year reading by 46.6%. Wholesale prices, when adjusted for mix, mileage and seasonality, climbed …  [Read More]

The numbers are not yet final, but it appears 2021 will not end up as a record year for certified pre-owned vehicle sales. However, there will likely be a best-ever 3.0 million certified vehicles sold in 2022, in what is expected to be the finale of peak CPO. That’s according to Cox Automotive analysts who […] [Read More]