A general CAR session featuring experienced lobbyists and advocates will look at the most relevant and urgent regulatory matters facing consignors, auctions, financial services, and remarketing businesses. Photos: Amico / Scott / Boland / Hulshof ; Design: Bobit The old political adages about politics always being interested in you, and if you’re not at the
The Consumer Finance Protection Bureau and Federal Trade Commission are working together on all cylinders toward a common goal for consumer protection, like a perfect storm, according to an IARA compliance presentation. Image: Bobit As if economic and auto market headwinds weren’t enough, the financial side of the remarketing industry should prepare for a perfect
Light duty fleet charging panelists (L to R) Simon Lonsdale, Kristin Slanina, and Jason Kazmar with moderator Martin Romjue (far left) go over the phases of a gradual transition to an electric fleet on Nov. 10, 2022 during the Fleet Forward Conference in Santa Clara, California. Photo: Ross Stewart Digital Photography Electric vehicle charging still
Suyog Deshpande from Samsara believes that four key fleet postions will drive change toward electrification, and outlined how each plays a role in the transition. Photo: Ross Stewart, RMS3Digital This year’s Fleet Forward Conference delved more into the realities and challenges facing fleets as they electrify. It’s a longer, more phased process than anticipated, as the
The average model year of wholesale vehicles sold in the third quarter reached 2015.6 compared to 2014.6 in 3Q 2021, according to the AutoIMS Industry View report. A 2016 Mercedes-Benz GLS pictured here would be more typical of the age of vehicles recently resold. Photo: Bobit The latest third quarter data from AutoIMS indicates changing
IARA Vice President Doug Turner and President Jeff Bescher promoted the ACT program during the IARA’s annual Summer Roundtable in Nashville, Tennessee, Aug. 16-18, 2022. Photo: IARA The IARA’s Audit & Compliance Training (ACT) launched at the Summer Roundtable already has helped remarketing operations plug in to the tools that enable them to avoid costly
Kevin Chartier, vice president of Manheim Consulting, showed how data can deliver applicable points that inform business decisions during his Aug. 18 presentation, “Strategic Insights That Drive Decision Making.” Photo: IARA Numbers mean nothing unless they add up and intersect in ways that help a business gain insight, maximize performance, or improve operations. Kevin Chartier,
Among the leading consequences of a cyberattack or breach is it incurs a loss of trust among clients and customers in addition to the financial losses and compensation needed to remedy the fallout, said Philip Geier, virtual chief information security officer for security platform provider, Pivotalogic, during the IARA Summer Roundtable on Aug. 18. Photo:
Remarketing industry analysits Dr. Alex Yurchenko, chief data science officer at Black Book, and Patrick Manzi, the chief economist for the National Auto Dealers Association, shared insights with moderator Larry Dixon, vice president of auction data solutions for the NAAA, during a presentation, “New and Used Market Performances and Economic Outlook,” at the National Auto
A panel of EV and auction experts delineated the challenges of electrification at the National Auto Auction Association Convention in Dallas on Sept. 7, 2022. (L to R): Moderator Glenn Mercer; David Aahl, vice president of North Bay Auto Auction in Fairfield, California; Jay Bahel, vice president of strategic initiatives of KAR Auction Services, Inc.;
