Continuing benefits such as members’ ability to receive real transactable price offers on actual inventory on the dealer’s lot, TrueCar has extended its current AAA Auto Buying Program, powered by TrueCar. With the extension, more than 41 million AAA members in select areas will have access to the TrueCar powered Auto Buying Program through the […] [Read More]

You don’t have to be a famous chef or cook — someone on television or your beloved grandparent — to recognize three key ingredients currently are bountiful for searing wholesale prices. Stir together tight wholesale volume, rising retail demand and consumers flush with federal stimulus money and you have auction metrics hotter than bread factory […] [Read More]

Jim Ivey describes the wholesale auction business as “something like a cross between being a stock broker and an air traffic controller.” As fleet/lease manager for America’s Auto Auction Atlanta, Ivey goes above and beyond the call of duty, said the auction’s general manager, Corey Sanford. “He can find common ground with anyone he comes […] [Read More]

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 Jamye Carpenter, vice president of business development at Red Mountain Technologies/AutoCheck Auctions. Auto Remarketing: What do you enjoy most about working in the remarketing industry? […] [Read More]

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 Michelle Casper, regional vice president at IAA. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what aspect(s) of the business […] [Read More]

Manheim Statesville hosted a drive-through vaccination clinic for the Iredell County, N.C. Health Department on March 14, with 1,197 people receiving the one-dose Johnson & Johnson COVID-19 vaccine. The auction provided 20 of its employees to support the event. Because its parking lot can accommodate hundreds of vehicles, Manheim Statesville was able to support the […] [Read More]

The Arizona Independent Automobile Dealers Association (AIADA) is continuing to ask state lawmakers to halt progress on a proposal that would eliminate what the organization said “is a last-resort tool important to every BHPH dealer in Arizona.” BHPH Report recently received a message about AIADA’s activities in connection with House Bill 2348, which would repeal […] [Read More]

It probably wouldn’t be surprising if finance company executives and managers looked at the latest auto default reading from S&P Dow Jones Indices and Experian and responded by saying, “What? Wait a second. Really?” According to data through February for the S&P/Experian Consumer Credit Default Indices, auto defaults dropped for the second month in a […] [Read More]

OpenRoad Auto Group announced a new executive vice president and chief financial officer earlier this month, appointing former PricewaterhouseCoopers partner Tahir Ayub to the role.    Ayub was a partner at PwC for more than two decades and held several leadership roles in Canada and abroad.    “With our recent expansion into Ontario and our […] [Read More]

Replacing its former app that about 70,000 unique users have used each week, Manheim has launched its all-new mobile app. Manheim said the new app is reimagined from the ground up, allowing dealers to make quicker and smarter purchase decisions in what it describes as the world’s largest wholesale automotive marketplace. The app provides an […] [Read More]