To help its auction employees and their families pursue their dreams of a higher education, ServNet has opened its 2021 Scholarship Program. Up to 10 awards totaling $20,000 are available in 2021. The program is geared toward full-time and part-time ServNet auction employees, and the children, stepchildren and grandchildren of full-time employees who plan to […] [Read More]

Ian MacDonald said TRADER Corp. is dedicated to reinforcing consumer trust and confidence through fair and accurate pricing. “So it gives us great pleasure to award partners who share this vision,” said MacDonald, who is chief marketing officer for TRADER, in a news release. The company  announced the winners of the 2021 autoTRADER.ca Best Priced Dealer […] [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 Melissa Trujillo, who is director of efficiency and agency relations at KAR Global.  Auto Remarketing: What do you enjoy most about working in the remarketing […] [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 Ashleigh Mathews, who is the director of human resources at the McConkey Auction Group. Auto Remarketing: What do you enjoy most about working in the […] [Read More]

Consignment-to-retail used-vehicle marketplace CarLotz has opened its first Tennessee hub, marking the ninth opening in the Southeast and its 11th nationwide. The new site adds to CarLotz hubs in Virginia, North Carolina, Florida, Illinois, Texas and Washington state. The Nashville-area hub is located at 1821 Gallatin Pike N. in Madison, Tenn. The Nashville opening comes […] [Read More]

New vehicle geo-locating devices from ADESA at select U.S. and Canadian locations combine mobile app technology and GPS-enabled technology to help improve efficiency, security and the customer experience at ADESA locations. The GPS devices are placed securely on each vehicle upon arrival at ADESA and can be accessed through the Vehicle Locator functionality of the […] [Read More]

The acting leader of the Federal Trade Commission isn’t sitting idle, either, putting actions into motion similar to her counterpart at the Consumer Financial Protection Bureau. Last week, chairwoman Rebecca Kelly Slaughter announced the creation of a new rulemaking group within the FTC’s Office of the General Counsel. According to a news release, the regulator […] [Read More]

Despite significant objections from the American Financial Services Association, in collaboration with the Illinois Financial Services Association, the Independent Finance Association of Illinois and the Illinois Automobile Dealers Association, Gov. J.B. Pritzker signed into a law Illinois Senate Bill 1792 last week. The signature created the Predatory Loan Prevention Act and instituted a 36% rate […] [Read More]

Two previous Emerging 8 honorees now are working together. Last week, Lightico, a leader of next-generation digital customer interactions, announced a partnership with TruDecision, a provider of sophisticated finance company tools through an analytic platform as a service. The companies highlighted their partnership brings Lightico’s seamless, cost-effective contracting and TruDecision’s income validation and credit optimization […] [Read More]

If your shop wasn’t already the target, it might be now based on TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began. TransUnion said fraudsters are increasing their rate of digital schemes against businesses. In addition, TransUnion’s recent Global Consumer Pulse Study found that more than one in […] [Read More]