Manheim Pennsylvania brought back its annual Xtreme Spring Sale last week, seeking to fulfill its commitment to raise funds for Make-A-Wish Philadelphia, Delaware and Susquehanna Valley. The event was canceled last year because of COVID-19. Participating dealers in the physical and digital sale event had an opportunity to bid on nearly 400 unique vehicles. A replica […] [Read More]

Finance company managers might do a little “happy dance” when they can establish a direct payment pipeline between the company and their contract holders. Payix finalized a payment processing agreement this week that might be worth a rhythmic reaction, too. Payix announced this new bank sponsorship agreement with MetaBank encompasses both ACH and CARD transactions. The […] [Read More]

US Equity Advantage (USEA) is looking to ensure its technological infrastructure can meet the demands triggered by the company’s aggressive expectations. In a move the company said will enrich the customer experience, improve efficiencies and allow it to scale quickly to meet growth projections, USEA announced this week that it has replaced its legacy phone […] [Read More]

Capital One discovered that perhaps not everything about the financing and retailing of vehicles changed because of the pandemic. While buyers are increasingly using digital tools to shop for a vehicle, Capital One compiled data that shows U.S. consumers say they still value the in-person experience at dealerships. That assertion came via Capital One’s inaugural […] [Read More]

Artificial intelligence is certainly on the collective radar of the largest federal regulators. Five federal financial regulatory agencies announced this week that they are gathering insight on financial institutions’ use of AI.. According to a news release, the agencies seek information from the public on how financial institutions use AI in their activities, including fraud […] [Read More]

Emerging 8 honoree inSearchX is continuing to gain momentum for its tool that looks to connect consumers with the exact vehicle they want. This week, the startup and advisory services firm Strategic Vision announced they have partnered to deliver vehicle-matching technology that can pair new-vehicle shoppers with their ideal vehicle match. To consult their vehicle […] [Read More]

Oftentimes, it can take plants at least 60 to 90 days to germinate, grow and produce flowers, fruit or vegetables. Now that it’s springtime, the 13 states with the highest rates of 30-day delinquency at the close of 2020 soon might be fertile fields for a repossession harvest. According to Experian’s Q4 2020 State of […] [Read More]

To recognize the dealers leading the certified pre-owned car business, the April issue of Auto Remarketing will feature our annual special section spotlighting "The Best CPO Dealers in the USA."  We reached out to automakers across the industry and requested their respective top 10 certified pre-owned dealer lists based on full-year 2020 sales. The full brand-by-brand CPO sales rankings […] [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 Ellen Westpfahl, who is assistant general manager at Manheim Orlando Market Center. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what […] [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 Chipo Taylor, who is regional controller – Southwest at XLerate Group. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what aspect(s) […] [Read More]