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Despite supply crunch, annual auto auction survey yields bright spots

Thursday, March 24, 2022 - 1:53pm

Joe Overby, Senior Editor

Given the widespread challenges from vehicle inventory shortage and supply chain issues, there was a 10% year-over-year decline in the number of units that entered the lanes... Read More

'CarDealershipGuy' goes viral on Twitter with unvarnished automotive intel

Wednesday, March 23, 2022 - 4:41pm

Joe Overby, Senior Editor

This person has more than 27,000 followers on Twitter, a contingent that includes auto industry executives, journalists, companies and dealers, along with consumers,... Read More

Driveway & US Bank piloting real-time payments when consumers sell their vehicles

Wednesday, March 23, 2022 - 3:22pm

Auto Remarketing Staff

Here’s how a bank and a dealer group are working together to solve concerns for both consumers and dealerships. U.S. Bank and Driveway are collaborating to pay... Read More

RETAIL

CARFAX 100 recognizes dealers with highest consumer review scores

Thursday, March 24, 2022 - 10:28am

Auto Remarketing Staff

At the NADA Show in Las Vegas earlier this month, CARFAX recognized a select group of its dealer partners that stand out when it comes to consumer reviews. The company launched “The CARFAX 100,” which spotlights dealers who had more than 100 verified reviews last year and averaged at least 4.9 stars out of 5... Read More

MORE RETAIL

  • PODCAST: Chatting about CPO with JM&A Group
  • Sonic, EchoPark bring on first-ever chief technology officer
  • Dealer groups launch Cox Automotive-powered online used-car platforms

WHOLESALE

EBlock results soar as company continues expansion strategy in US

Thursday, March 24, 2022 - 3:22pm

Sarah Runbenoff, Correspondent

EBlock has been on the fast track to business expansion and growth in both its home — Canada, where it launched in 2015 — as well as the United States, which it entered in 2019.  Jason McClenahan, who is president and chief executive officer of EBlock parent company E Inc., said in an episode of the Auto Remarketing... Read More

MORE WHOLESALE

  • PODCAST: ACV CEO George Chamoun returns to show
  • Lane watch: Who the ‘real winners’ in the wholesale market currently are
  • Autosled chooses new CEO, completes Series A funding

TECHNOLOGY

PODCAST: Mike Darrow on TrueCar+, Carvana's news and more

Tuesday, March 22, 2022 - 9:15am

Auto Remarketing Staff

Next up on our Auto Remarketing Podcast series from NADA Show 2022, senior editor Joe Overby reconnects with TrueCar chief executive officer Mike Darrow to talk about TrueCar+, which enables the company to become a "modern-day marketplace" to connect dealers and consumers online. Darrow talks about the... Read More

MORE TECHNOLOGY

  • Acquisition & product launch from DrivenIQ
  • In Shift's deal to acquire Fair platform, a builder decides to buy
  • AutoWeb continues to expand used-car acquisition platform

FINANCIAL

Autonomy brings in Jesse Toprak as chief analyst, partners with Equifax

Monday, March 14, 2022 - 11:21am

Auto Remarketing Staff

Longtime auto industry analyst Jesse Toprak, whose background includes time with Edmunds, TrueCar and Cars.com, is now the chief analyst at Autonomy, the electric vehicle subscription platform from Scott Painter and Georg Bauer. Toprak was most recently the chief executive officer of CarHub. His auto analyst roles... Read More

MORE FINANCIAL

  • XLerate names president of ACE, XLF floor plan companies
  • NextGear launches new department focused on independent auctions
  • PODCAST: Inside the new venture from Scott Painter & Georg Bauer

ANALYSIS

PODCAST: CARFAX shares update on dealer programs & more

Thursday, March 24, 2022 - 10:33am

Auto Remarketing Staff

At NADA Show 2022 earlier this month in Las Vegas, CARFAX public relations director Emilie Voss and head of dealer marketing Rob Bois joined senior editor Joe Overby for an epsidoe of the Auto Remarketing Podcast.  They discussed the launch of the CARFAX 100 dealer recognition program, what makes top-rated... Read More

MORE ANALYSIS

  • Prices on used hybrids, EVs jump more than 40% last month
  • PODCAST: Digital retail with Lori Wittman & Paulo da Silva of Cox Automotive
  • Sentiment dips even among ‘resilient’ dealers

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