ARA President Dave Kennedy was asked to participate on a panel Monday night at Used Car Week, alongside officers from JD Power and Pelican Auto Finance.
The panel opened Used Car Week 2017 and was titled “The State of the Industry: The factors and trends that will shape the retail, auto finance and repossession industries in 2018.”
The association and our industry can be proud Dave was chosen to represent them at this significant conference where a majority of the attendees were c-level executives.
“Dave made a great impression at Used Car Week. The phrase ‘Relationship Recovery‘ was born, and he received a great deal of interest from several lenders in the room.” – Keith Baggett, Repossessors Inc.
Dave spoke to the current industry trends in repossession, including new technologies such as body cameras and routing systems. When discussing third-party compliance, Dave stressed the importance of lenders knowing their recovery agents and having a direct relationship with them in order to avoid risk.
We are proud of Dave and we look forward to continuing this conversation with lenders and representing our association at events like these.