Perhaps the most well-known auto auction group in the Pacific Northwest is going to the Southwest with its latest expansion. The McConkey Auction Group, headquartered in Spokane, Wash., announced Tuesday that it has added Dealers Auto Auction of Las Vegas to its group. DAA Las Vegas joins existing MAG auctions DAA Northwest and DAA Seattle. […] [Read More]

Late-model vehicles that go through auction lanes and dealership service drives oftentimes have incredible safety features, such as blind-spot monitoring, backup cameras and adaptive cruise control. Jeff Jury is senior and general manager of automotive at Xperi, which develops safety technologies that enable advanced driver-assistance systems at all levels. Jury joined the Auto Remarketing Podcast […] [Read More]

Though still softer year-to-date, the certified pre-owned vehicle market has started the summer with two consecutive months of year-over-year gains, according to data shared Monday by Cox Automotive. And the current forecast for the full-year tally, while not expected to be another all-time high, may still be in the same neighborhood as the record stretch […] [Read More]

Perhaps nowadays more than ever, open sales might be the best path for consignors to fetch the highest amounts for their vehicles going through the wholesale market. Black Book described the ongoing scene in its latest COVID-19 Market Insights released on Tuesday that included a mention of how both car and truck values moved higher […] [Read More]

The all-digital Women & Automotive Canadian Leadership Forum is set for Oct. 5-7 and we have the usual range of inspiring keynotes, leadership recognition and best practices. However, the agenda set-up will look a bit different this year, given that it is a completely digital experience. For one, the content will be spread out over […] [Read More]

According to the latest quarterly risk outlook report from RVI Analytics, Canadian used-vehicle prices were down slightly year-over-year in June, but picked up some momentum on a month-over-month basis. Specifically, RVI’s Used Vehicle Price Index was at 1.010 for June, down 0.6% from a year ago but up 9.9% from May. Taking out low-volume segments, […] [Read More]

Jim Ellis Automotive Group understands that school supplies do not include just bookbags, paper and writing utensils nowadays. In response to the shortage of personal protective equipment (PPE) available to teachers and students in the Atlanta area, Jim Ellis announced on Tuesday that the dealer group will be donating a portion of every sale of […] [Read More]

Cox Automotive continues to leverage the pieces of its service portfolio to benefit dealerships and other industry segments. The latest example involves Manheim and vAuto with the goal of helping dealers reduce depreciation risk and drive greater inventory profitability. The company recently highlighted that new functionality in vAuto’s Provision can enable clients to request a […] [Read More]

PassTime and PayNearMe now are collaborating so finance companies know more details about where their collateral is located while also providing more options to help contract holders make their monthly payments. According to a news release, the partnership combines PayNearMe’s modern and reliable payment platform known for making payments easy for businesses and customers with […] [Read More]

Just like when weather forecasters watch for hurricanes to make a turn toward land this time of year, finance company leaders likely have been eyeing for when defaults would make an industry-wide move higher because of the coronavirus pandemic. According to data through July released on Tuesday by S&P Dow Jones Indices and Experian, that […] [Read More]