Online used car retail giant Carvana said it is collaborating with actors Kristen Bell and Dax Shepard on a series of national commercials and social videos beginning this summer that will illustrate several scenarios that demonstrate “how Carvana drives its customers happy.” The ads are intended to show how Carvana’s online process has “improved the […] [Read More]

Capitol Subaru in San Jose, Calif., part of Del Grande Dealer Group, partnered with Make-A-Wish Greater Bay Area to throw a surprise beach-themed party at the retailer’s showroom to reveal to a local Hayward youth that his life-changing wish to travel to Hawaii with his family was coming true. Moises De Paz, a 20-year-old with […] [Read More]

Carvana has had its share of bumps in the road in recent months, but Wednesday marked a pair of big wins for the online used-car retailer. In addition to announcing its strongest quarter ever for adjusted EBITDA, adjusted EBITDA margin and total gross profit per unit, Carvana said it has signed a transaction support agreement […] [Read More]

Urban Science, a technology provider and consultant, announced what it termed as “significant enhancements” to its SalesAlert system, introducing a feature that can deliver certified pre-owned lead-defection alerts to franchised dealers. The tool, which the company said is an industry first, is designed to allow dealers to identify sales lost to CPO vehicle purchases at […] [Read More]

VinFast has set a date to break ground for its first U.S. electric vehicle factory. The Vietnamese automaker said it will hold a groundbreaking ceremony July 28 at the Triangle Innovation Point in Chatham County, N.C. The 1,800-acre plant will be the first EV manufacturing facility in the state and is designed to reach a […] [Read More]

Over the past year, thefts of Hyundai and Kia vehicles have risen dramatically as a result of viral videos posted on various social media platforms. In response, CARFAX has partnered with those automakers to give consumers free detailed information about how they can better secure their vehicles. The automakers are offering consumers free steering wheel […] [Read More]

Alan Ram’s Proactive Training Solutions is bringing back its individual subscription service for auto dealership salespeople. The automotive sales and management training provider said it made the decision “due to strong demand from numerous auto dealerships.” Director of dealer engagement and training Susan Gaytan said reinstating individual subscriptions, which “Alan championed,” is a highlight of […] [Read More]

Dealer retailing system CarNow has joined with multiple service providers and dealer partners to donate $76,100 to The Make-A-Wish Foundation. The donation was raised in March at the second annual UNConference, an automotive leadership conference for dealerships and technology partners hosted at CarNow’s headquarters in Atlanta. “We are truly grateful for the incredible generosity shown […] [Read More]

Dealership buy-sell veteran Nate Klebacha has been named managing director of The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors. Klebacha will focus on Presidio’s dealership mergers and acquisitions business. In his 20-year career, Klebacha has been involved […] [Read More]

Digital automotive marketplace CarGurus has appointed Manik Gupta, a 25-year veteran of the technology sector, to a newly created seat on its board of directors and audit committee. Gupta is currently corporate vice president of Microsoft Teams, which serves more than 300 million users among enterprises, small and medium businesses, consumers and the developer ecosystem. […] [Read More]