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 Ashleigh Mathews, who is the director of human resources at the McConkey Auction Group. Auto Remarketing: What do you enjoy most about working in the […] [Read More]

Consignment-to-retail used-vehicle marketplace CarLotz has opened its first Tennessee hub, marking the ninth opening in the Southeast and its 11th nationwide. The new site adds to CarLotz hubs in Virginia, North Carolina, Florida, Illinois, Texas and Washington state. The Nashville-area hub is located at 1821 Gallatin Pike N. in Madison, Tenn. The Nashville opening comes […] [Read More]

New vehicle geo-locating devices from ADESA at select U.S. and Canadian locations combine mobile app technology and GPS-enabled technology to help improve efficiency, security and the customer experience at ADESA locations. The GPS devices are placed securely on each vehicle upon arrival at ADESA and can be accessed through the Vehicle Locator functionality of the […] [Read More]

The acting leader of the Federal Trade Commission isn’t sitting idle, either, putting actions into motion similar to her counterpart at the Consumer Financial Protection Bureau. Last week, chairwoman Rebecca Kelly Slaughter announced the creation of a new rulemaking group within the FTC’s Office of the General Counsel. According to a news release, the regulator […] [Read More]

Despite significant objections from the American Financial Services Association, in collaboration with the Illinois Financial Services Association, the Independent Finance Association of Illinois and the Illinois Automobile Dealers Association, Gov. J.B. Pritzker signed into a law Illinois Senate Bill 1792 last week. The signature created the Predatory Loan Prevention Act and instituted a 36% rate […] [Read More]

Two previous Emerging 8 honorees now are working together. Last week, Lightico, a leader of next-generation digital customer interactions, announced a partnership with TruDecision, a provider of sophisticated finance company tools through an analytic platform as a service. The companies highlighted their partnership brings Lightico’s seamless, cost-effective contracting and TruDecision’s income validation and credit optimization […] [Read More]

If your shop wasn’t already the target, it might be now based on TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began. TransUnion said fraudsters are increasing their rate of digital schemes against businesses. In addition, TransUnion’s recent Global Consumer Pulse Study found that more than one in […] [Read More]

After more than a year without physically running cars in the Evergreen State, McConkey Auction Group will resume in-person live auction sales this coming week at its Washington state locations, according to an update from the company. DAA Northwest in Spokane will resume in-person sales with cars in the lanes on Thursday, with DAA Seattle […] [Read More]

Saying that its diverse board of directors is a competitive advantage, General Motors named technology leader Meg Whitman and National Basketball Association executive Mark Tatum to its board. The board appointment of Whitman, who is former head of Hewlett Packard Enterprise; and Tatum, who is deputy commissioner and chief operating officer of the NBA; are […] [Read More]

Many participants in a recent consumer sentiment study show a keen interest in car shopping, and they enjoy the process. But when price negotiations begin, their feelings turn decidedly negative. “What should be a fun and exciting experience for consumers, continues to be a source of angst and stress,” automotive research and vehicle listings marketplace […] [Read More]