Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with Sheila Tedesco, who is remarketing manager at Lobel Financial. Tedesco sat down with Cherokee Media Group senior editor Joe Overby at the Auto Intel Summit + National Remarketing Conference this spring to discuss her journey in remarketing, what trends […] [Read More]

The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though. But while auction volumes are rising and competition is returning to the auction lanes, the supply slump will continue to support higher wholesale prices in coming months, they say. “All of those vehicles that weren’t built that we would expect to [Read More]

America’s public electric vehicle charging infrastructure, often cited as an issue holding back EV adoption, is showing signs of improvement, according to the latest research by J.D. Power. The company’s 2024 U.S. Electric Vehicle Experience Public Charging Study found overall satisfaction with public charging increased for a second consecutive quarter. Satisfaction with direct current fast […] [Read More]

There’s a lot of anxiety right now, but you already knew that. It’s been said — and I, for one, agree — that you’re not as good as you think you are when things are going well and you’re not as bad as you think you are when things are going bad. That being said, […] [Read More]

When it comes to growth among automotive-related companies, Autosled is at the top of the list. The provider of digital technology for vehicle transport logistics, founded in 2019, was ranked No. 12 in the 2024 Inc. 5000, Inc. magazine’s annual list of the fastest-growing private companies in America. It’s the highest ranking for an auto-related […] [Read More]

It’s usually the other way around. But a major move in the automotive investment space this week is said to be the first time that an integrated automotive services organization has obtained a general partner interest in an auto industry venture capital firm. FM Capital, a venture capital firm focusing on early- to mid-stage companies, […] [Read More]

Automotive sell-side advisory firm Kerrigan Advisors announced it has added former AutoNation executive Chris Gempton as senior vice president of sell-side advisory. The new SVP will open Kerrigan Advisors’ new Florida office in Miami, which will serve clients in the Southeast, a market the company said is very active for dealership buy/sell transactions. Kerrigan Advisors […] [Read More]

Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. First, Mercury Insurance compiled a list of the most affordable new EVs to insure, but a Tesla is not mentioned among the […] [Read More]

The movement in wholesale vehicle values for July varied from index to index, but in general, prices are down from a year ago, though they remain elevated from pre-pandemic levels. Starting with Black Book, its Used Vehicle Retention Index came in at 145.0 for July, which was down 1.1% month-over-month and off 15.2% from July […] [Read More]

Logan Green, co-founder and chairman of Lyft, has joined venture capital firm Autotech Ventures as a venture partner. In a news release, Autotech said Green’s “experience in leading Lyft from inception through hypergrowth and his vision for more equitable and efficient transportation solutions will be invaluable” as Autotech continues to identify and support startups in […] [Read More]