In retail automotive, your transport provider isn’t just moving cars — they’re moving your business forward. Every delayed delivery, damaged...
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EV sales at auction beat prior record, set one month earlier, by 20%
Wednesday, May. 14, 2025, 03:57 PM
Asbury Automotive prioritizes used-car profitability
Wednesday, May. 14, 2025, 02:55 PM
Lane watch: Values for cars & trucks have now increased for 9 straight weeks
Wednesday, May. 14, 2025, 01:41 PM
SPONSORED EPISODE: Driving profitability, strategic acquisition and consumer engagement in an ever-shifting landscape
In this sponsored episode of the Auto Remarketing Podcast, Micah Tindor, Senior Director of Strategic Planning, Kelley Blue Book Instant Cash Offer joins Bill Zadeits to discuss acquisition strategies, consumer affordability and satisfaction, leveraging service lanes and more. Listen Here
Emotional intelligence with co-CEO of Hubert Vester Automotive Group
Chris Vester wants fellow dealers to gain emotional intelligence, not just retail and service cars. In this episode of the Auto Remarketing Podcast, listen to a lunchtime conversation presented by Vitu from this spring’s Auto Intel Summit with the co-CEO ... Listen Here
Cars Commerce’s Brian Kramer on harvesting service drive for valuable inventory
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 ... Listen Here
Retail
Asbury Automotive prioritizes used-car profitability
Asbury Automotive Group’s used-vehicle sales, revenue and gross profit declined in its first quarter that ended, March 31, when compared to the first quarter of 2024.
But as the dealership group pointed out, it completed six dealership divestitures in 2024 that represented an estimated $225 million in annualized revenue and two divestitures in the first quarter of 2025.
The company’s quarterly gross profit of $1,587 per used unit retailed represented its ... [Read More]
Carvana extends sponsorship deal with pro pickleball tour
Carvana can’t get enough of pickleball. The online used-car retailer announced it has extended its title sponsorship agreement with the Professional Pickleball Association with a new multi-year deal. Carvana’s association with the PPA Tour began in 2022, a partnership the ... [Read More]
Wholesale
EV sales at auction beat prior record, set one month earlier, by 20%
Sales of electric vehicles at auction hit an all-time high in March, according to the National Auto Auction Association.
And then?
The very next month, EV sales jumped about 20% higher than that record.
Specifically, there were ... [Read More]
Lane watch: Values for cars & trucks have now increased for 9 straight weeks
Black Book reported on Tuesday that wholesale prices for both cars and trucks have now increased for nine consecutive weeks, which includes the stretch when values often peak then level off going into summertime. With overall prices climbing another 0.11% ... [Read More]
Technology
VINCUE introduces CATALYST, rebuilding its platform ‘from the ground up’
Dealership software provider VINCUE has introduced VINCUE CATALYST, the next generation of its dealership platform. In a news release, the company said its new product is not just a software update, but rather is “engineered from the ground up” to ... [Read More]
Varyani joins Dealer Alchemist to lead company’s OEM partnerships
Dealer Alchemist has hired Roma Varyani as vice president of OEM partnerships to lead the development and expansion of the company’s partnerships with OEMs The automotive digital marketing company said the addition of Varyani to the leadership team “underscores the ... [Read More]
Analysis
COMMENTARY: Transparency is good business
For the automotive sales industry, transparency in digital advertising is not just legally required, it’s good for business. Did you know: The Federal Trade Commission and state attorneys general have brought (and won) legal challenges designed to ensure that customers ... [Read More]
Minivans top list of most-driven cars; EVs log fewest miles at highest price
Believe it or not, the most driven vehicle in America is a minivan. And so are the second- and third-most driven. The latest study by iSeeCars set out to identify the 3-year-old vehicles that have logged the most — and ... [Read More]
