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]

Tresl might be involved in fintech with its auto finance support platform, but the company is quickly reinforcing its human resources. The company recently said that it has on-boarded more than 130 new associates during the past 12 months. And Tresl isn’t finished with its workforce growth, mentioning in a news release that it plans […] [Read More]

Acquisition closed and top executive shifted into a new role. Those are the two main developments to arrive via news releases from IDS and White Clarke Group on Tuesday and Wednesday. First, IDS — a provider of mission-critical enterprise solutions for secured finance — announced it has successfully completed the acquisition of White Clarke Group, […] [Read More]