Month-to-month, year-over-year, and year-to-date numbers indicate a firm selling season of used vehicles from different market segments.
Read More →
A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
Read More →
The arrangement accesses cloud-based software designed to help financial institutions keep track of their vehicle and asset collections and limit repetitive clunky tasks.
Read More →
Long brings years of experience and strong industry connections as a former executive director of the International Automotive Remarketers Alliance and previously of the National Auto Auction Association.
Read More →
The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.
Read More →
The remarketing industry observed a lower number of off-lease units in 2020 than anticipated; fleets extending asset lifecycles; and fewer repossessions than what would occur in a normal year.
Read More →
Hosted virtually on Aug. 20, 2020, the webinars will serve as virtual chat rooms that will allow attendees to learn from subject-matter experts on challenges and resources in today’s environment and share in an interactive dialogue.
Read More →
Nissan Motor Acceptance Corp. will pay $3 million to the U.S. Department of Justice to settle claims of improper repossessions and lease terminations of members of the military.
Read More →Recovery Database Network (RDN) has launched On-Hook Status, a real-time repossession status tracker.
Read More →
KAR Auction Services has hired John Sibbitt as vice president of business development for its Recovery Database Network, which provides banks and credit unions with software and data solutions to manage repossession and the disposition value chain, KAR has announced.
Read More →
