ADESA Announces Management Changes at Two Auction Locations
ADESA named Steve Swanson general manager of its Colorado Springs location, Cindy Kuhn regional online manager, and Rich Levene general manager of ADESA Austin.

Steve Swanson, general manager ADESA Colorado Springs.
CARMEL, Ind. — ADESA has named Steve Swanson general manager of its Colorado Springs location, Cindy Kuhn regional online manager and Rich Levene general manager of ADESA Austin.
Before accepting her position as regional online manager, Kuhn served as general manager of ADESA Colorado Springs. Swanson previously served as general manager of ADESA Austin, while Levene previously served as vice president of enterprise optimization at KAR Auction Services.

Rich Levene, general manager of ADESA Austin.
Swanson began his tenure at ADESA as general manager of ADESA Austin in 2007. Before that, he was the president of AutoVIN, a subsidiary of ADESA. Kuhn started her career at ADESA in 1998 as a fleet lease manager for ADESA Lansing. She served in a similar role at ADESA Kansas City from 2006 to 2011, and was then named general manager of ADESA Colorado Springs.
Levene is a 20-year veteran of the vehicle remarketing industry, according to ADESA. During his time with KAR, he served as assistant general manager of ADESA golden state from 2001 to 2005, the company stated.
More Auto Finance

Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
Read More →
Mind Your Process
Consistent steps taken in various aspects of the F&I office can make valuable differences over time, similar to an outline for a best-selling book.
Read More →
Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →