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Nationwide Acceptance taps CoreLane Technologies to streamline funding
Friday, Mar. 26, 2021, 02:49 PM
SubPrime Auto Finance News Staff
Like Humphrey Bogart said in the film, “Casablanca,” it appears CoreLane Technologies and Nationwide Acceptance are on their way to a beautiful friendship. The provider of innovative transactional connectivity solutions for dealers and finance companies announced a partnership this week with Nationwide Acceptance, which specializes in funding installment contracts with consumers having “less than perfect […] [Read More]
Women in Remarketing: Julie Smith of Element Fleet Management
Thursday, Mar. 25, 2021, 07:06 PM
Joe Overby, Senior Editor
Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Julie Smith, director of remarketing logistics at Element Fleet Management. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what aspect(s) […] [Read More]
Carvana to help racing fans choose Indy car paint scheme
Thursday, Mar. 25, 2021, 06:54 PM
Auto Remarketing Staff
Carvana says it is known for its immersive, patented, 360-degree photo technology. Now the company has started a new program in which INDYCAR fans can use technology to vote for Jimmie Johnson’s Indy car paint scheme. Fans will also get the chance to get up close with Chip Ganassi Racing’s No. 48 Honda and virtually […] [Read More]
Used-car sales likely double from year-ago; supply concerns mount
Thursday, Mar. 25, 2021, 06:13 PM
Joe Overby, Senior Editor
From a numbers standpoint, the outlook for used-car sales in March is a bright one. But the pre-owned market may not be immune to fallout from supply challenges currently facing the new-car market. TrueCar is forecasting 3.6 million used-vehicle sales this month, which would beat February figures by 1% and eclipse year-ago numbers by 104%. It […] [Read More]
Black Book collaboration could help consumers navigate the trade process
Thursday, Mar. 25, 2021, 05:58 PM
Auto Remarketing Staff
Through a new collaboration between Black Book and car buying platform Your Auto Advocate, the platform will provide its members with Black Book data. The collaboration involves integration of Black Book’s valuation and enhanced vehicle matching VIN-Decoding data into Your Auto Advocate. The companies say that with the enhanced data provided, dealers and consumers will […] [Read More]
PODCAST: NIADA’s Larry Dixon on wholesale prices, upcoming convention & more
Thursday, Mar. 25, 2021, 02:08 PM
BHPH Report Staff
Larry Dixon made his first appearance on the Auto Remarketing Podcast as an executive with the National Independent Automobile Dealers Association. The used-car market expert who now is NIADA’s vice president of industry insights and analysis not only discussed what’s happening at auctions nowadays, but also the association’s return to live events this summer. To […] [Read More]
ACV hits ‘massive momentum moment’ with Wednesday’s IPO
Wednesday, Mar. 24, 2021, 09:06 PM
Joe Overby, Senior Editor
ACV Auctions is now a publicly traded company. The online wholesale auto marketplace launched its initial public offering Wednesday on Nasdaq, with chief executive officer George Chamoun ringing the opening bell. Auto Remarketing caught up with Chamoun on Wednesday afternoon to talk about the IPO and what ACV has planned next. “When I was looking […] [Read More]
CBB: Pandemic made ‘huge impact’ on used-vehicle retained values
Wednesday, Mar. 24, 2021, 08:07 PM
Auto Remarketing Canada Staff
If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as Canadian Black Book vice president of sales Yolanda Biswah said the past year has been […] [Read More]
Women in Remarketing: Laura Dunn of Proficient Auto Transport
Wednesday, Mar. 24, 2021, 07:38 PM
Joe Overby, Senior Editor
Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Laura Dunn, who is director of auction sales and logistics and Proficient Auto Transport. Auto Remarketing: What do you enjoy most about working in the remarketing […] [Read More]
IAA relocates Florida location to prep for weather impact
Wednesday, Mar. 24, 2021, 07:31 PM
Auto Remarketing Staff
Hurricane season doesn’t officially begin until June 1, but IAA made adjustments to one of its facilities in a state quite susceptible to those storms. This week, IAA announced the relocation of its branch in Fort Myers, Fla. One of 11 IAA branch facilities in the Sunshine State, the company highlighted that the new location […] [Read More]
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