Award-winning entrepreneur Stephanie Alsbrooks Hanson, who recently became president of Tricolor Financial, described her journey from forming a startup to departing for the next challenge after building it into a multi-million-dollar organization. On this episode of the Auto Remarketing Podcast, Hanson also described how she tries to encourage other potential female entrepreneurs. To listen to […] [Read More]

Experian senior director of automotive financial solutions Melinda Zabritski returned for another appearance on the Auto Remarketing Podcast to discuss not only the credit bureau’s auto-finance data collected throughout 2020, but also how she and her team are navigating through the uniqueness of compiling data during a pandemic. To listen to this episode, click on the […] [Read More]

A trio of dealerships changed hands this week with transactions involving Group 1 Automotive, Qvale Auto Group and US Auto Trust. According to a news release from Group 1, the publicly traded company expanded its retail business presence in Massachusetts with the acquisition of two Toyota dealerships.  The dealerships are located in Hyannis and Orleans […] [Read More]

Many consumers already have seen a financial boost arrive in their bank accounts courtesy of the Economic Impact Payment (EIP) funds distributed through the American Rescue Plan signed by President Biden last week. Meanwhile, the Consumer Financial Protection Bureau (CFPB) is looking for the latest round of federal stimulus payments to make it to consumers […] [Read More]

Five critical performance metrics Axis Auto Finance recorded during the second quarter of its 2021 fiscal year moved in positive directions. The finance company that specializes in the subprime space announced record results for the quarter that ended on Dec. 31. Leading the way, Axis reported that its Q2 adjusted earnings came in at $1.5 […] [Read More]

Women’s History Month marks an important occasion to celebrate the achievements of women as well as their contributions to their respective fields. From Bertha Benz’s pioneering long-distance automobile trip in 1888 to Mary Barra’s appointment as CEO of General Motors in 2014, women have a long track record of significant accomplishments in the automotive realm. […] [Read More]

RumbleOn Inc., an ecommerce company using technology to aggregate and distribute pre-owned vehicles to and from consumers and dealers, has entered into a definitive merger/equity purchase agreement with powersports dealer, RideNow. The agreement creates what the companies describe as the only omnichannel customer experience in powersports and the largest publicly traded powersports dealership platform. The […] [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 Adele Lococo, who is a fleet lease manager at America’s Auto Auction. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, […] [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 Emily Kim, who is senior director of auto valuations at Ally. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, […] [Read More]

iSeeCars executive analyst Karl Brauer describes the Mercedes-Benz G-Class as “the embodiment of luxury.” As a used vehicle, the Mercedes-Benz G-Class also sells quickly, even with the high average pre-owned price of $140,921. In fact, the  G-Class was the fastest-selling used vehicle in February, according to a new study from iSeeCars. Regarding buyers of vehicles […] [Read More]