KAR Names Vice President of Autoniq Subsidiary
Nicole Archer has been named vice president of Autoniq, a real-time information provider for dealers, according to the company.

CARMEL, Ind. — Nicole Archer has been named vice president of Autoniq, a business unit of KAR Auction Services that provides vehicle pricing, history reports and market guides to dealers.
As vice president, Archer will focus on expanding awareness of Autoniq’s features and functionalities, and enhancing the customer benefit of the technology’s offering within the KAR suite of vehicle remarketing products and services. KAR acquired Autoniq last June as part of KAR's Digital Services Group.
“Nicole is extremely passionate about identifying and implementing innovative tools that help dealers efficiently and effectively run their businesses,” said Thomas Marr, president of Autoniq. “She brings more than a decade of experience to our team, and I look forward to working with her to bring Autoniq’s services to even more markets.”
Archer most recently served as director of strategic projects for ADESA, a subsidiary of KAR Auction Services.
“I am excited for the opportunity to leverage my previous experience across the KAR group of companies to now benefit Autoniq’s customers, who rely on accurate, real-time information when sourcing vehicle inventory,” Archer.
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 →