After reporting strong first quarter results, used-car retailer Carvana set a goal of selling 3 million units with significant profit within five to 10 years. It is well on its way to achieving its “mission” of changing the way people buy cars, Carvana chairman, president and CEO Ernie Garcia said during the earnings call. “Given the position we're in and the fundamental gains we see in front of us, the path to that goal, which we currently view as both very exciting and very achievable is that we ... [Read More]

Montway Auto Transport is teaming up with USAA to offer discounts to the insurance provider’s members. The third-party automotive transport company said members can save up to $125 on car-shipping services through the USAA Perks program. USAA, founded in 1922 ... [Read More]

Repairify has hired former OPENLANE executives Srisu Subrahmanyam and Keith Crerar as the company’s new CEO and chief transformation officer, respectively. Subrahmanyam, the new Repairify CEO, was most recently executive vice president of operations at OPENLANE, where he also was ... [Read More]

Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.” During his keynote presentation at this spring’s Auto Intel Summit now available in this episode of the Auto Remarketing Podcast, the executive vice president at ... [Read More]

The next step toward widespread commercial use of autonomous vehicles might be here. California-based technology company Autolane said the first full-scale, end-to-end test site for its OpenCurb OS is now live in the San Francisco Bay Area, providing a demonstration ... [Read More]

As dealers face rising complexity in inventory management, pricing, and profitability, especially with the 25% tariff on imported vehicles, machine-driven technologies are stepping in as vital tools — not just to handle data, but to make better, faster business decisions. ... [Read More]

It’s not just you. Everything is getting more expensive. Between the rising cost of inflation, high interest rates squeezing consumers and floorplanning, and the on-again/off-again tariffs, everything is pricier. The Consumer Price Index has risen 21.7% since February 2020, with ... [Read More]

When it comes to responding to internet leads, the best got better. Napleton Automotive Group earned the top spot in the 2025 Pied Piper PSI Internet Lead Effectiveness Auto Dealer Group Study, its fourth consecutive No. 1 ranking — and ... [Read More]