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NewsNovember 15, 2016

Black Book: Car and Truck Depreciation Slowing

Volume weighted, overall car segment values decreased by 0.46% the week of Nov. 4, which was lower than the 0.7% depreciation rate recorded during the four weeks prior. For the truck segment, values decreased by 0.34%, slightly lower than the 0.58% rate recorded during the previous four weeks.

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NewsNovember 14, 2016

Zachary Hughes Joins American Guardian’s Central Atlantic Sales Team

Hughes joins the F&I product provider’s field team as assistant vice president of sales for the central Atlantic states, which includes Ohio, Tennessee, South Carolina, and Virginia.

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NewsNovember 14, 2016

ADESA Kansas City Gets New General Manager

ADESA has promoted Kevin Rhoads, a 15-year veteran of the automotive industry, to general manager of its Kansas City auction location, the company announced this week.

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NewsNovember 14, 2016

Fidelis PPM, MaximTrak Announce Integration

This integration enables F&I departments using MaximTrak to deliver e-contracting functions between the technology firm's F&I platform and Fidelis' prepaid maintenance software, providing dealerships with a paperless solution for presenting, validating, and registering Fidelis products.

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NewsNovember 14, 2016

Ex-Cox Automotive Executive Joins National Credit Center

Sackett National Holdings Inc., a provider of lending data, energy, employment screening and automotive products and services, has announced the appointment of Robert Granados as president of its automotive subsidiary, National Credit Center (NCC).

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NewsNovember 14, 2016

izmocars to Showcase Virtual Reality Platform at Automobility LA

izmocars will showcase its newest virtual reality offering in the Tech Pavilion at this week's AutoMobility LA. Dealers will be able to use izmoVR in the showroom and service wait room. They can also make it available as a download from their dealership's website.

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NewsNovember 14, 2016

KAR Launches New Enterprise Functions to 'Accelerate Innovation' for Wholesale Industry

KAR Auction Services Inc. announced the creation of new enterprise functions and leadership roles in product development, data analytics and strategy. The company has both promoted from within and recruited from outside sources to fill these new positions.

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NewsNovember 10, 2016

South Dakota Voters Approve 36% APR Cap on Short-Term Loans

South Dakota voters approved an initiated measure aimed at capping interest rates on short-term loans in the state. Included in the cap are all charges for ancillary products and any other fees included in the extension of credit.

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ArticlesNovember 10, 2016

NADA Economist: Trump Needs to Clarify Economic Policy Goals

NADA Chief Economist Steven Szakaly says a clear set of economic policy goals delivered before the New Year would go a long way to ensuring that any immediate uncertainties are smoothed over.

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NewsNovember 10, 2016

ACV Auctions' New Hire to Help Grow Mobile-Enabled Live Auctions

ACV Auctions named Michael Waterman vice president of sales. He will be charged with helping the company grow its mobile-enabled live auctions.

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