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NewsSeptember 8, 2016

Car Depreciation Accelerates in August, Black Book Reports

Only two car segments ranked in the Top 12 for strongest monthly retention, the firm reported this week. It added that depreciation for all car segments topped rates recorded during the last three years for the month of August.

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NewsSeptember 8, 2016

E-Credit Express to Integrate NADA Used Car Guide Values Into Platform

E-Credit Express announced today it will integrate NADA Used Car Guide values into its lender management platform to speed up the used-vehicle sale and loan approval process for dealers and finance sources.

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NewsSeptember 8, 2016

instaVIN Names New Director of Business Development

instaVIN has named Edie Hirtenstein director of business development. The 14-year automotive industry veteran will be responsible for managing customer relationships, and identifying and implementing products and services that further expand the business, according to the company.

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NewsSeptember 8, 2016

New-Vehicle SAAR Falls Below 17 Million in August, Manheim Reports

For the second time this year, the seasonally adjusted annual rate (SAAR) for new vehicles fell below 17 million in August. Manheim, however, said the drop 'may be a good thing."

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NewsSeptember 8, 2016

4 Automotive Marketing Firms Merge

TimeHighway.com, Peak Performance, Dealer Product Services and OneCommand have merged. Together, the companies will be called Affinitiv, the firms announced this week.

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NewsSeptember 7, 2016

KAR Auction Services Names New Senior Vice President

KAR Auction Services Inc. has promoted Stacey White to senior vice president of enterprise optimization. The more than 20-year veteran of the auto remarketing industry will maintain her prior duties while also overseeing the company’s procurement and sourcing strategies.

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 Attendees networking and talking in a conference hall beneath signage for the Industry Summit with sponsor displays in the background.
Photo Galleriesby StaffSeptember 7, 2016

Industry Summit 2016

The magazine's 2016 conference, held Aug. 29-31 at Paris Las Vegas, featured Compliance Summit and an all-new compliance certification component created by Automotive Compliance Education. Check out our photo gallery from this year's events.

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NewsSeptember 6, 2016

Shane O'Dell Returns to NextGear

Cox Automotive has named Shane O’ Dell president of financial solutions. The former Manheim exec will oversee NextGear Capital, where he served as COO before joining Manheim as senior vice president of vehicle solutions.

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NewsAugust 25, 2016

Florida Toyota Dealer Now Offers Door-to-Door Test Drives

Sun Toyota introduced today a new door-to-door vehicle delivery service that brings the dealership's showroom directly to a customer's home or office.

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NewsAugust 25, 2016

Black Book: Wholesale Car Values Falling at Fastest Pace This Year

The wholesale value of 2008-2014 model-year cars continued to fall last week, according to Black Book’s Market Insights report. While many of the familiar trends — trucks performing better than cars — were present, there were some outliers.

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