With an eye toward mergers and acquisitions, StoneEagle F&I hired a new industry professional to lead the company’s business development enterprises, including sales, marketing and affiliate partnerships. On Wednesday, the provider of F&I technology solutions welcomed Joe St. John as senior vice president of business development, bringing more than 20 years of experience across dealership […] [Read More]

They have been called startups, disruptors, online retailers and ecommerce platforms throughout their young histories. But Cox Automotive has a new name for companies like Carvana, Shift and Vroom: “New Form Online Retailers,” or NFORs. And even beyond relatively recent forays into the public markets (Vroom’s initial public offering and Shift’s SPAC merger in 2020; […] [Read More]

In this episode of the Auto Remarketing Podcast, we welcome TrueCar president and chief executive officer Mike Darrow back to the show. Darrow talks with senior editor Joe Overby about the company's work with Navy Federal Credit Union to provide its members with an online platform to research and compare vehicles that match their preferences, […] [Read More]

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]