AuSM Events

AuSM launches Automotive Intelligence Summit

RESEARCH TRIANGLE PARK, N.C. - 

Technology is evolving at an exciting pace.

Artificial intelligence. Blockchain. Mobile e-commerce. Ride sharing.

They’re not fictional. If they’re not already being utilized at your company, they’re being incubated.

Bearing that in mind, AuSM is launching the Automotive Intelligence Summit (AIS), which will be held July 24-26, 2018 at the Raleigh Marriott Crabtree Valley in Raleigh, N.C.

The Automotive Intelligence Summit (AIS) 2018 is delivering the opportunity to connect with leading minds who are involved within the automotive, auto finance and transportation-related industries.

AIS 2018 is an executive-level meeting designed for C-suite leaders who desire access to the best intelligence, data and analysis available.

Core content topics of AIS 2018 will include:

  • Predictive Analytics
  • Transportation Research & Insights
  • Connected Mobility
  • Economic Forecasts & Market Assessments
  • Fintech
  • Disruptors
  • Investment Capital
  • Mergers & Acquisitions
  • Compliance & Regulations

“AIS ’18 will focus on content and intel in areas where we are strongest- in the dynamic used car and auto finance markets and will look beyond those core areas to enhance and grow in sectors critical to executives at the top level of the OEM’s, dealerships, banks, finance companies, fleet, lease, rental, suppliers and more,” said Bill Zadeits, president of AuSM.

As an aggregator of the top industry minds, AIS 2018 will provide attendees an experience packed with powerful insights, information and knowledge that can make a significant impact on their business planning and success.

AIS 2018 organizers are leveraging experience and relationships from a wide swath of the automotive, financial and technology sectors to deliver a unique, three-day event that will give attendees a better understanding not only of what’s happening now, but also what’s ahead to keep you and your firm ahead of the technological curve.

Among the confirmed speakers is Lonnie Miller, Principal Industry Consultant for the automotive sector at SAS.

He focuses on market opportunities and risks with emerging technology and competitive market dynamics in the auto industry while advising how to leverage analytical approaches to improve connected vehicle, smart mobility and customer experience strategies.

Prior to joining SAS, Lonnie held a variety of senior leadership roles with R. L. Polk & Co. (now IHS Markit). This included leading company’s Loyalty Management Practice, their Marketing and Industry Analysis unit and the company’s Analytical Solutions team.

For more information, visit and sign up to receive updates.

“The predictive analytics and data science that C-suite executives are leveraging to improve business intelligence is developing at a rapid pace.  The industry is experiencing a dramatic shift related to business intel — the Automotive Intelligence Summit has been created to be a foundation to foster a high-level meeting of the minds, bringing the smartest people together in one room,” Zadeits said. “The event will prove to be a tremendous learning and networking opportunity for executives from across North America and beyond.”

CarStory makes predictions via AI, machine learning

CARY, N.C.  - 

CarStory launched a product Tuesday that uses artificial intelligence and machine-learning, along with predictive analytics, to gauge when a car will sell and project its sale price.

CarStory Insights is designed to predict incoming trends and give dealers guidance based on that predictive insight. Through analysis of a dealer’s lot, it offers alerts, sales predictions and pricing recommendations.

“It all started from conversations that we were having in the market with dealers. We really wanted to understand what problems weren’t being solved. What were the things that dealers wished they would know, but they couldn’t get today?” said Chad Bockius, who created CarStory, in a phone interview Monday.

“And the common thing we heard was that dealers have access to more information than they ever had, but they still don’t have answers,” Bockius said.

“And we got to the point with all the data that we’ve collected, all the analytics that we’ve been working on, and now where, just the state of artificial intelligence and machine learning, that for the first time, we can actually give dealers answers, not just give them more information.”

Use of artificial intelligence

When you hear the word “artificial intelligence,” you might think Will Smith or Tom Cruise movies full of robots and dystopian futures.

But in the case of CarStory Insights, think “Watson” — as in, the computer platform from IBM that competed on “Jeopardy!” in 2011.

Bockius said that with this new platform, CarStory is “doing the same thing that Watson did.”

What Watson did on the TV show was to generate three answers whenever there was a question. Each answer had a different level of confidence.

“And if the level of confidence in the first answer was high enough, Watson would ring in and deliver that answer. It didn’t’ always get them right, obviously. There was never an answer where Watson was 100-percent confident, but a lot of them were very high,” Bockius said.

“We use AI in the same way to actually generate those sales predictions as well as price predictions,” he said. “So for us, we need to look at all that data that we were able to pull together, and then say, ‘When does the machine believe this vehicle will sell?’

“And the machine is either going to have a very strong belief that it’s correct, or it will be weak. And obviously we’re reporting on the safest cases where the probably is strong, where the confidence is strong.”

The company also uses AI to run what-if scenarios to determine, for instance, how much the car’s price would have to be reduced to make it sell faster.

Bockius also noted:  “At the end of the day, when you talk about things like machine-learning and artificial intelligence, this really gets down to the types of algorithms that we’re using under the covers.”

Machine learning, he said, is a crucial piece to the AI stack. Through machine learning, the company can  the computers wide swaths of data and then use the algorithms to pick out “interesting points,” Bockius said.

“So for example, one of the things that we discovered is really important is to figure out which features on a car affect whether or not it will sell quickly. We call those ‘turn-drivers’ … and that was one of the ways that we used machine learning to into these predictions about when a vehicle will sell,” he said.

 “Because obviously, the more features that affect turn a car has, the more likely it is to sell quickly,” Bockius said.  

“So, then you get to a point where you aggregate all of this data to essentially start making predictions.”

'Predict the future'

With the CarStory Market Reports product, the company has, for a while, been examining what demand is expected to be for specific vehicles. And that can be impacted by factors like seasonality, gas prices and more.

“And we can start to see behavior changes online that help our predictive model” determine what may happen, he said.

“Now that technology is at a point where it’s cheaper and easier to do machine learning and AI, and we actually have the data to train the computers, it would be silly to continue to rely on historical averages if you can predict the future,” Bockius said.

“And I think that’s what we’re going to see, not only in the space we’re working in, but I think in every space across automotive, you’re going to see this being applied, whether it’s in customer service or in marketing or in sales or in sourcing inventory,” he said.

“There’s simply no area that’s going to be safe from disruption when you have this ability, because it’s just a better way of doing it. No one would sit here and say, ‘I don’t need the answer, I just need more information.’”

5 features of CarStory Insights

In a news release, the company lists these as key features of the product:

  • Turn Drivers: Highlights the vehicle features that help cars sell in a local market and compares those to every vehicle on a dealer’s lot.
  • Smart Pricing: Provides pricing recommendations based on how each price will change the days to sell.
  • Market Rank: Provides a detailed comparison how each vehicle stacks up against the local competition.
  • Sales Alerts: Get notified via phone or email whenever Insights detects an issue in the market or on your lot.
  • Instant Share: Notifications can be easily shared with members of a dealer team.

When asked specifically about the sales alerts function and the issues in the market that might arise, Bockius said the alerts boil down to a slow-seller alert and a fast-seller alert.

“Now, there can be a lot of things that cause those alerts to be triggered. For example, you might have Hertz dropping 200 Honda Accords on the market, and all of a sudden, that dramatically changes when those Accords on your lot are going to sell,” he said.

“Nothing changed with your vehicle obviously, but the market changed. Alternatively, we could see consumer demand going up or down, and again, that could have a dramatic effect on when your vehicle is going to sell. So what we do is we take all that complexity, we look at all the signals, make sense of them all and then simply alert the dealer to a problem.”

Like, for instance, your vehicle might take longer than expected to sell.

Then it gives guidance to the dealer on what they would have to do regarding price for that car to move faster. And the same goes with cars turning too quickly.

Currently there are 1,500 dealers on waitlist for CarStory Insights, Bockius said.

It will be rolled out first to CarStory Market Report Customers. The company will be activating the product for dealers who were early beta participants, then opening it to the wait list. The goal is to have it open to everyone by the end of the year, Bockius said. 

Remarketing & Used-Car Industry's 40 Under 40

CARY, N.C. - 

Many young professionals are taking leadership roles in the auto industry and impacting the remarketing and used-car business.

In Year 3 of AuSM’s annual Remarketing & Used-Car Industry’s 40 Under 40, you will find the current- and next-generation leaders of the business who are making big differences in the industry and at their respective companies.

AuSM is honored and thrilled to recognize these folks and celebrate their accomplishments.

And be sure you don’t miss the special ceremony at Used Car Week to recognize this year’s group of honorees. More on that can be found at www.usedcarweek. biz.

AuSM would also like to thank everyone for nominating dozens and dozens of outstanding folks.

This group represents just a fraction of the incredible young leaders this industry has to offer. We look forward to many more years of honoring these change-makers. 

And without further ado, our 2017 Remarketing and Used-Car Industry’s 40 Under 40 (in alphabetical order, by first name):

  • Aaron McConkey, Product Director, Auction Edge Inc.
  • Aaron Pyle, Director of Wholesale Operations, Mountain State Auto Auction/Capital City Auto Auction
  • Chad Cunningham, Vice President, Wholesale Inc. and Wholesale Express
  • Chad Perry, Senior Director of New Accounts, DealerSocket
  • Chase Abbott, Vice President of Sales, VinSolutions and Dealertrack F&I
  • Chris Karwoski, Senior Director National Accounts, Cox Automotive
  • Clint Weaver, General Manager, America’s Auto Auction Harrisburg
  • Danny Hammack, Manager Partner, Columbia Honda
  • David Pendergraft, General Manager, DAA Northwest
  • Elizabeth Murphy, Associate Corporate Counsel, ADESA
  • Eric Jenkins, General Manager, ADESA Birmingham
  • Greta Crowley, Senior Director of Consumer Marketing, Autotrader and Kelley Blue Book
     
  • Jake Tudor, General Manager, Jim Norton Chevrolet
  • Jeff Swinney, Director of Finance and Technology, XLerate Group
  • Jeni Hamlin, Remarketing Manager, Gateway Financial Solutions
  • Joe Caruso, Director of Online Sales, ADESA
  • Joe Guarascio, Director of Fleet and Pre-Owned Strategy & Sales, Nissan North America
  • Joe LeMonds, National Remarketing Manager, Carolina Auto Auction
  • Joe Neiman, Founder of ACV Auctions and Head of Product
  • John Carter, Remarketing Solutions Sales Operations Manager, GM Financial
  • John North, Senior Vice President and Chief Financial Officer, Lithia Motors
  • Kartheek Veeravalli, Chief Product Officer, defi SOLUTIONS
     
  • Kristen Trout, Director of Legal, PAR North America
  • Kristin Gaffney, Vehicle Remarketing Representative, Capital One
  • Laura Clapp, Director, Digital Agency, CDK Global
  • Leslie Ruhe, Vice President, Sales & Relationship Manager, U.S. Bank
  • Leslie Vander Baan, Vice President, Integration, DRIVIN
  • Luke Smith, President, MVTRAC
  • Mandy Savage, General Manager, Manheim Detroit
  • Michael Sadowski, Vice President of Operations and General Manager, Kelley Blue Book
  • Paul Lynch, Vice President of Sales and Marketing, DePaula Auto Group
  • Peter Fusz, Vice President of Pre-Owned Operations, Lou Fusz Automotive Network
     
  • Renee Perri, Vice President of Corporate Division, Wheel’s Automotive Dealer Supplies Inc.
  • Ryan LaFontaine, Chief Operating Officer, LaFontaine Automotive Group
  • Ryan Mulligan, Senior Partner Development Manager, Carfax
  • Scott Liniado, Associate Vice President, Technology, Cox Automotive
  • Scott Pechstein, Vice President of Sales, Autobytel Inc.
  • Sean Cason, Director of Strategic Initiatives, Automotive Finance Corporation
  • Todd Linn, IT Delivery Manager, Automotive, Equifax
  • Tyler Daws, Senior Manager, Regional Auction Sales, Hyundai Capital America
  • Vincent Salvagni, Chief Financial Officer, Sun Auto Group/Used Car King
  • Will Farmer, Regional Sales Director, Southeast U.S., TradeRev

 

For more on these outstanding honorees, see the

Podcast: Updates on Used Car Week

CARY, N.C. - 

In this week's episode, AuSM director of meetings and events Marilu McQuilkin stops by to share some important updates on Used Car Week, including registration and agenda information.

Plus, get a sneak peek at the conference's sweet digs in Palm Springs, Calif.

Download and subscribe to the AuSM Podcast on  or on . 

You can also listen to the latest episode in the window below.

All episodes can be found on our  or by visiting ausm.info/ar-podcast.

Please complete ; we appreciate your back on the show!

 

COMMENTARY: This is 40 (Under 40)

CARY, N.C. - 

I’m a fan of an underrated comedy, and one that I’ll stop and watch almost any time it’s on cable is “This is 40.”

Part of why the movie works is because its two co-stars, Leslie Mann and Paul Rudd, are seemingly “ordinary” folks.

Each of them seem like the next-door type, both in this movie and in others.

But the approachable, affable characters these two always seem to play overshadows what’s really going on: Mann and Rudd are hilarious and incredibly talented comedic actors with depth and range.

The fact that they often play the average Joe/Jane, “ordinary” character makes us forget the fact that they’re, in fact, extraordinary.

The same goes for the corporate world.

You know the folks you say hello to every day in the office hallway, see regularly at conferences or correspond with over email?

While the interaction itself and some of the day-to-day grind of work may seem “ordinary,” what many of them (and YOU!) are doing is, in fact, extraordinary.

And unlike Mann’s and Rudd’s characters in “This is 40,” many of these folks are actually 39 or younger.

Which brings us to an upcoming edition of AuSM: our third annual “Remarketing & Used-Car Industry’s 40 Under 40.”

This is a chance for us to spotlight the many young professionals under the age of 40 who are taking leadership roles in the auto industry and impacting the remarketing and used-car business.

In a special section of the Sept. 1 issue of AR, we will be bringing you their stories and the paths to success they forged at such young ages.

This issue will showcase the current- and next-generation leaders of the business who are making big differences in the industry and at their companies.

So take a minute and brainstorm: who are the extraordinary young people you see in the office, at conferences and working their craft in the used-car business?

Once you’ve done that, go to the website below and nominate them for this honor:
.

The deadline to submit nominations is July 28.

So, don’t delay too long.

And as a side note, I know that in an industry full of them, this may seem like just another award.

But consider some of the reaction we received when we notified the honorees in our inaugural edition two years ago.

That day, I pressed “send” on the email to our recipients.

It wasn’t even five minutes later that I got the first response back. Then another. And another, and another. It went on like that for a while.

As a magazine editor, this was awesome; folks in my line of work love quick responses. But that wasn’t the best part.

See, it wasn’t that people responded, it was how they responded to earning 40 Under 40 recognition.

Just a few examples:

  • “Wow! Thank you!”
  • “This is quite an honor, and I’ll be honest, I’m shocked.”
  • “ … wow this is amazing, thank you!”
  • “Thank you for such great news!

It was touching to know that this award is meaningful and impactful to some of the very people who are making a significant impact in the industry.

Their reactions made an ordinary task extraordinarily humbling.

COMMENTARY: Used Car Week has a brand-new look

CARY, N.C. - 

Rebranding can be a scary proposition.

As anyone who has changed their style can attest, it’s risky yet potentially rewarding.

I’ll give you two personal examples:

Spring 2000: A 17-year-old during Eminem mania, I bleached my already strawberry blonde hair. 

At a lifeguard meeting soon after, the manager of the pool where I was working joked (but not really) that no other employees should go for this look.

Fake Slim Shady, please sit down.

Summer 2008: During a visit to, ironically, that same pool, my then-girlfriend, who is now my wife, told me she liked my unshaven look and that I should consider growing a beard.

Done and done.

Not shaving during a swampy August in North Carolina was no fun, but the beard has, ahem, grown on me.

Aside from a brief hiatus or two, I’ve now had the beard for the better part of a decade.

And it’s become like a favorite pair of sunglasses, baseball hat or blue jeans. Just can’t go without it. What’s more, I don’t think a lot of folks would recognize me without it.

We’re changing our look a bit at , too. And in terms of the new looks described above, we think it’s going to have the impact of the latter rather than the former.

Most importantly, we have a new format.

Our conference team analyzed data from post-event surveys and chatted with participants one-on-one.

What that uncovered was a need to expand the auto finance and repossessions topics, and adjust the certified pre-owned conference into a more comprehensive look at the entire retail used-car market.

 So, we adjusted the format for Used Car Week.

The conference will now consist of two blocks. The first will consist of the Pre-Owned Con, the Auto Fin Con and the Repo Con. The second will be National Remarketing Conference and NAAA Convention.

As far as logistics, we will continue to provide more details as Used Car Week draws closer. But the gist of it is, attendees will have the opportunity to attend either Block 1, Block 2 or both.

And within each block, it’s “choose your own adventure.” If you are a Block 1 attendee and want to attend Pre-Owned Con workshop in the morning and an Auto Fin Con in the afternoon, go for it.

More details on those blocks below:

Block 1: Monday through Wednesday

  • Pre-Owned Con: Sessions in this conference will focus on analytics, data and big-picture vision, strategies and technologies that are impacting the overall retail used-car market. (Again, beyond just certified pre-owned).
     
  • Auto Fin Con: Sessions in this conference will focus on the full-spectrum of auto financing in the used-car market, from subprime to prime.
     
  • Repo Con: Sessions in this conference will focus on solving pain point issues within this critical segment of the auto finance space that manages repossessions, recoveries and regulations.

These three topic-specific conferences will be held concurrently and will offer workshops, panel discussions and keynote presentations specific to each conference.

Block 2: Tuesday through Friday

  • The National Remarketing Conference/NAAA Convention
     
  • The NRC/NAAA agenda will feature the traditional NAAA Convention schedule and social events in combination with NRC’s curated educational sessions addressing the most pressing issues impacting the industry.

To reflect these changes, we also have a new Used Car Week logo. It was designed to reflect the circular nature of the overall used-car industry and weave in elements of the four topic-specific conferences and the NAAA Convention.

In my next editor’s column, I’ll share some of the specific upgrades we are making to the content of each conference.

For now, just know we’ve got a brand new look and we don’t take this change lightly.

Unlike the decision to bleach my hair, there was a lot of thought, analysis and discussion put into this change.

Although there’s one thing the future of does share with the platinum haircut of my youth: it’s bright. 

AuSM Podcast: Wayfaring wisdom with Nick Zulovich

CARY, N.C. - 

In Episode 2 of the AuSM Podcast, co-host Nick Zulovich joins Joe Overby to chat about his three trips in five weeks to cover automotive finance and compliance events.

Plus, Nick and Joe talk Carvana, used-car standalone stores and the “political theater” of the CFPB.

Also, if you would be so kind, please complete .

It helps us learn more about you and what you like most about this show (and what we needs improvement!). 

Download and subsribe to the AuSM Podcast on or on .

You can also listen to the latest episode in the window below. 

 

Introducing the AuSM Podcast

CARY, N.C. - 

AuSM, publishers of AuSM and other auto industry trade publications, has launched the AuSM Podcast.

This weekly dose of auto industry news and conversation will go deeper into the stories you read in our print and daily online publications.

Episodes will be hosted by AuSM senior editor Joe Overby and/or SubPrime Auto Finance News senior editor Nick Zulovich.

We’ll chat with auto industry execs and newsmakers, and dissect the latest headlines in the used-car business.

includes a mid-March interview with the leadership of DRIVIN, which was acquired by KAR Auction Services in a $43 million deal.

We hope you enjoy the ,  available now on  and in the window below. Coming soon to Google Play.

 

Women in Remarketing: Linda Paton

CARY, N.C. - 

Below is a Q&A with Linda Paton, office manager at Greater Rockford Auto Auction and a 2017 Women in Remarketing honoree.

AuSM: What was your path to the automotive industry, and what do you enjoy most about working in the car business?

Linda Paton: My path to the automotive industry began in 1963, while in high school. I accepted a job as title clerk working for my uncle's car dealership. In 1987, after being promoted to office manager of the Greater Rockford Auto Auction — a sister business of the car lot — I fell in love with the excitement of the Wednesday auction. That thrill, anchored by the great relationships that I've formed with the dealers and the rest of the team, remains 30 years later.

AR: How is the remarketing/used-car segment of the business most different from when you first started out?

LP: The remarketing industry has changed so much in the past three decades. Long gone are the days of handwritten lane sheets, block tickets and typewriters. I remember our first computer system that we implemented in 1993 — that was a very overwhelming day for all of us. We are now operating in a paperless environment, and our dealers love the ease and efficiency.

AR: How would you describe your leadership style and approach to problem-solving?

LP: The key to leadership for me is to listen to my team. I've found that allowing them to share openly and honestly has created a productive environment in which we all succeed.

AR: What have been some of the top keys to your success in the car business?

LP: The auction business is controlled chaos and can be very overwhelming. The key to my success is simple: smile, never let them see you sweat and provide the best customer service in the business. My team and I share the same customer service convictions, and we are proud to see our dealer base come back each week.

AR: Who are some folks, whether in the auto industry or not, that you admire professionally, and why?

LP: I most admire my late Uncle "Swede" who was one of the most forward-thinking operators in the business, and his charisma was contagious. Every Sunday, during the afternoon movie, he would buy all of the commercial time and broadcast infomercials of his used-car offering.

Later, when his focus turned to the auction business, he treated every dealer as if they were his closest friend and invited them to breakfast, lunch or just for a chat in his office. The key to my success is simple: smile, never let them see you sweat and provide the best customer service in the business.

He made everyone feel special and made certain that they didn't feel like "just a number."

AR: When you are able to get away from the office or work, what do you enjoy? What are your hobbies, interests, etc.?

LP: I'm lucky enough to have my 95-year-old mother in my life, and I thoroughly enjoy our Saturday morning coffee dates. I'm also an avid reader and love to escape into a mystery novel. Mostly, I enjoy spending time with my family, whether in Florida or on Lake Michigan during the summer months.

Read about all of this year's Women in Remarketing honorees in the .

Women in Remarketing: Kathi Mehall

CARY, N.C. - 

Below is a Q&A with Kathi Mehall, vice president of technology in auto at Equifax and a 2017 Women in Remarketing honoree. 

AuSM: What was your path to the automotive industry, and what do you enjoy most about working in the car business?

Kathi Mehall: You could say my entire path has been the automotive industry! With the exception of my first year-and-a-half after graduating from Penn State with a degree in computer science, I have always been in the automotive industry.

I joined a startup that installed the first in-house computer in a dealership in northern Virginia.

Prior to that time, dealers used online services to manage their business and often had to send away their documents to be key-punched and returned.

I know I am dating myself with that memory; however, I have watched so much happen in automotive that it is almost as if the only thing you can truly count on is change!

My current role with Equifax is one of the most exciting to date, as I am leveraging all my previous experience to develop products and services that incorporate Equifax’s extensive data assets to inform decisions and verifications in the automotive ecosystem.

Equifax insights are transforming automotive finance and marketing, and the expanding breadth of data available, both directly and through partnerships, is one of the many exciting developments I have seen through the years.

How could I possibly choose what I enjoy the most? My career has taken me through every aspect of the auto ecosystem, always leveraging my technical background. I spent 13 years in dealerships with ADP Dealer Services (now CDK). I was then recruited to join General Motors to bring retail technical knowledge to the manufacturer and worked directly for the CIO, Ralph Szygenda.

Ralph is a person I respect and admire, a man who taught me many things and gave me the opportunities of a lifetime to travel the globe and watch every part of the automotive manufacturing, distribution, sales and service processes. I joined GMAC when it was spun off from GM and learned automotive financial services at every level.

AR: How is the remarketing/used-car segment of the business most different from when you first started out?

KM: It would probably be easier to comment on what isn’t different, as so much has changed and evolved! When I first started out, the used-car business was much maligned and not really taken seriously, kind of the stepchild to the new-car franchise. The remarketing/used-car segment has grown to be a true force in the industry. It has become a well-respected, mature business that demands attention and respect. The value to the consumer and the importance of the segment are well-recognized by all.

Technology has transformed this industry, starting with the auction lanes, easing distribution, the shift from newspaper to digital advertising, confidence instilled by vehicle history availability and the vast access enabled by online search.

AR: How would you describe your leadership style and approach to problem-solving?

KM: My leadership style is very collaborative. I enjoy being part of a team and have always found that if you help people grow and learn, then they will enjoy what they are doing and become a high-functioning, loyal team that can solve any challenge. Problem-solving to me is gathering the facts and asking questions. I have no problem admitting I don’t know an answer and encourage open, honest dialogue.

AR: What have been some of the top keys to your success in the car business?

KM: Listening, learning and applying technology to help solve business issues and improve efficiency. Adapting to change and embracing the future. Surrounding myself with intelligent, hard-working individuals who love the car business as much as I do, so much so that it becomes a part of your DNA!

AR: Who are some folks, whether in the auto industry or not, that you admire professionally, and why?

KM: Mary Barra — watching her rise to the top at GM was amazing. The fact that she is also an engineer and a woman makes me proud to have been a colleague. Being an agent of change in such a demanding business takes courage, intelligence and tenancy, which are all attributes I aspire to.

I also admire my older brother, who built an engineering consulting business from the ground up through tremendous hard work. He takes great care of his family and his employees, and has a fabulous sense of humor, helping us all put life, and its trials, into perspective!

AR: When you are able to get away from the office or work, what do you enjoy? What are your hobbies, interests, etc.?

KM: I enjoy spending time with my family and friends whenever I can. My husband is an avid golfer and I enjoy accompanying him to all the golf courses; I just don’t fare so well playing the game!

I love to read and enjoy decorating and traveling/sightseeing.

I grew up in Pennsylvania, and the auto industry planted me in Detroit, so visiting family requires planning and time. My husband and I are both in the automotive industry and travel a great deal for work, so just enjoying a nice dinner out together is a treat!
 

Read about all of this year's Women in Remarketing honorees in the 

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