Of the nine car segments that Black Book tracks, luxury cars showed the greatest price decline last week. Their dip in prices (0.55 percent) was more than twice the overall percentage decline for the nine car segments (0.22 percent). In a recap of the Black Book Market Insights reports, Black Book poses this question, which […] [Read More]

It didn’t take long for the auction business to capture Kay Hudson’s attention. “After my first auction sale, I was hooked: the pace, sale day excitement, the energy,” Hudson said. “It was incredible and I wanted to do more.” To say Hudson did more would be an incredible understatement. Having worked 13 years with a […] [Read More]

When Auto Remarketing asked Susan Hughes a series of questions about her industry experiences, the senior lender solutions manager at Black Book mentioned three different people for a variety of different reasons. Hughes first mentioned Jeannie Chiaromonte, who heads up remarketing at Bank of America and is a past Women in Remarketing honoree. Hughes summarized a […] [Read More]

Martha Garcia-Perry is an observer of her environment. The behavior is part of one of her favorite non-automotive activities — hiking and mountain climbing — and it also sparked her interest in what has turned into a productive career in automotive logistics. “While in college, I toured both the Chrysler Jeep Assembly Plant in Detroit […] [Read More]

The first quarter marked the first year-over-year decline in NADA Used Car Guide’s measure of used-vehicle prices in about seven years. And if this keeps up, used values will fall on an annual basis for the first time since 2008. NADA Used Car Guide said in a news release accompanying its monthly Guidelines report that […] [Read More]

In less than 15 years, Angelica Jeffreys ascended from working part-time as a greeter at a large multi-franchise auto mall while still a college student to being the manager of sales and operations for what was one of the largest Honda stores in New England. “I realized very quickly that with a little hustle and a […] [Read More]

Many of us have a specific car or truck that when we see one, we get nostalgic. For Mandi Fang, that vehicle is a Chevrolet S10. To paraphrase the Kenny Chesney song, she goes back to summers in college working at a General Motors plant in Moraine, Ohio. “I worked on the assembly line and […] [Read More]

Mary Churchill looks at her more than 40 years in the industry — which began in 1975 with a job at what was then known as GMAC (now Ally) — in two pieces. The initial portion centered on auto finance, with the latter focusing on remarketing. “I review my career in two parts:  the first […] [Read More]

Granted, the auction business was a “culture shock” when she first joined, said Rachel Ballard, one of this year's Women in Remarketing honorees. But after only a week in the business, she knew it was for her and said she “can’t imagine doing anything else.”   The auction business is fast-paced, changing all the time and […] [Read More]

Some of Nancy Fitzgerald’s earliest memories upon entering the automotive industry include a Daewoo and a first job where the tasks included just about everything under the sun. Fitzgerald — who is now as president and chief executive officer of iLendingDIRECT — began her automotive career when she and her late husband, Patrick, opened a […] [Read More]