Digital auto marketplace IAA is growing their leadership team with the hiring of Peg Burr as senior vice president of product management, in an effort to strengthen product development in the global marketplace.  Most recently, Burr was VP and global product portfolio leader for the digital business of Cognizant. Prior to Cognizant, she led global end-to-end […] [Read More]

Though not as steep as the declines in other sectors, auto loan origination volumes in Canada dropped 8.8% year-over-year in the fourth quarter, according to the Q1 2021 TransUnion Industry Insights Report. Specifically, there were 435,065 auto loans originated in Canada during Q4, compared to 476,994 a year earlier, the report indicated. In the third […] [Read More]

CDK Global said Wednesday it has acquired digital vehicle sales platform Roadster. Terms of the purchase were not disclosed in the news release, but CDK shared this in a Form 8-K filed with the Securities and Exchange Commission: “Under the terms of the Merger Agreement, the stockholders of Roadster are entitled to receive aggregate all-cash […] [Read More]

Get Spiffy is based in North Carolina, but the on-demand car care, technology and services company is gaining momentum in an adjacent state. On Wednesday, the company announced the launch of its latest franchise location in South Carolina. The Greenville franchise opened for business on Tuesday and offers mobile car wash, detail, and oil change […] [Read More]

While slightly softer than the previous weeks in the month, Black Book highlighted another weekly wholesale value uptick — extending the industry’s streak to 18 in a row — lifted its Used Vehicle Retention Index to another record. Black Book reported its May index reading came in at 159.6, increasing 7.1 points or 4.7% from […] [Read More]

The American Recovery Association (ARA) is again leveraging its relationship with Bassford Remele to offer repossession agents a free webinar to discuss an important operational element — data privacy. In an attempt to help repo agents avoid a potential exposure that could cost millions in defense and litigation, Bassford Remele attorneys Patrick Newman, Jessica Klander […] [Read More]

The McConkey Auction Group, which purchased ABS Auto Auctions in 2020, has transferred ABS ownership to EBlock, and July 12 will be the first ABS auction on the EBlock platform. ABS will be a key piece of EBlock’s national expansion. ABS is a completely digital auction company that has 10 physical facilities located throughout California, Arizona, […] [Read More]

In this episode of the Auto Remarketing Podcast, Jessica Lanier, who is vice president of marketing at Manheim and NextGear Capital, joins the show to discuss the digital shift in remarketing and the message of Manheim's "Our Mission is Yours" campaign.  Plus, we discuss lessons learned from the pandemic and much more. To hear the conversation, click […] [Read More]

Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through our Women & Automotive: Profiles in Leadership program. This year's class is recognized in the May/June edition of the Auto Remarketing Canada magazine, and will also be spotlighted at the all-digital Women […] [Read More]

Fresh off finalizing two more integrations with outside firms that will be leveraging its providing of credit reports, compliance solutions and soft-pull products and services, 700Credit is set to host an online event focused on a costly topic: synthetic identity fraud. Featuring experts from Equifax, Experian and TransUnion, 700Credit is hosting this event on June […] [Read More]