News
AutoVIN Rebrands as OPENLANE Inspections
The refocused subsidiary now applies technologies to improve inspections for OEMs, dealers, rental car companies, fleet operators
Read More →The refocused subsidiary now applies technologies to improve inspections for OEMs, dealers, rental car companies, fleet operators
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Honda has released a newly redesigned certified pre-owned (CPO) vehicle website meant to provide an easier and more focused experience for its CPO segment, which has grown by 6.8% this year, according to a company statement.
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GM Financial presented its 2016 auction of the year awards to ADESA Kansas City for Open Sale Auction of the Year and Manheim Statesville in North Carolina for Closed Sale Auction of the Year award, the company announced earlier this week.
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Retiring General Motors remarketing manager Dan Kennedy accepted the Industry Leadership award from Bobit Business Media at the 2017 Conference of Automotive Remarketing (CAR).
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After 39 years with General Motors — 31 of which were spent with the OEM’s remarketing organization — Manager of GM Remarketing Dan Kennedy has announced his intent to retire from the company.
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Maserati North America has partnered with Manheim to centralize its processes for wholesaling vehicles, including revamping its fleet management program and the liquidation of its off-lease, buyback, and company-owned units.
Read More →BMW Financial Services has made BMWGroupDirect.com accessible to independent and non-BMW franchise dealers. BMWGroupDirect allows any registered dealer online access to BMW Group’s national inventory of off-lease vehicles.
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GE has signed an agreement to sell a 23.3-percent stake of Hyundai Capital Services (HCS) to Hyundai Motor Company and Kia Motors as part of a broader deal to exit its entire 43.-percent ownership in HCS over the following months.
Read More →With India’s growing new-vehicle market making way for accelerated growth in its used-vehicle market, Cox Automotive has made a strategic investment in Mahindra First Choice Wheels Ltd.
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In his 26-year remarketing career with General Motors, Dan Kennedy has helped build the automaker’s remarketing program and recently hit a significant milestone — the 14 millionth GM vehicle sold at auction.
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Senior-level remarketing managers from 25 banks, captive finance units, and fleet lessors were surveyed. Captive lenders report that upstream channels reduced turn time on vehicles by an average of more than 20 days.
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