View The Latest Edition
Retail
Carvana’s latest milestone: 4 million cars bought and sold
Carvana has reached a major milestone. The online used car retailer announced Thursday it has sold more than 2 million cars and purchased more than 2 million cars from customers since it was founded in 2013. “Carvana’s mission has always ... [Read More]
Wholesale
Amelung takes gavel as NAAA president, Rogers elected VP
Craig Amelung has officially become president of the National Auto Auction Association for the 2024-25 term, taking office when outgoing president Eric Autenrieth passed the gavel in a ceremony during the 2024 NAAA World Remarketing Convention in Orlando, Fla. During ... [Read More]
Technology
Integration brings Impel’s conversational AI technology to Xtime
Artificial intelligence is working its way into all aspects of dealership operations, and a new integration provides another example. Impel has joined with Cox Automotive’s Xtime to bring its AI-powered customer lifecycle management technology to Xtime’s fixed operations software. In ... [Read More]
Financial
EFG launches program that guarantees PRU increase for dealers
With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]
Analysis
J.D. Power & IIHS find more work to be done to get drivers comfortable with complex vehicle safety systems
Perhaps dealers are making headway when explaining the complex safety systems of new and late-model vehicles during delivery. But new research from J.D. Power and the Insurance Institute for Highway Safety (IIHS) showed that getting consumers completely comfortable with these ... [Read More]
