It stands eight stories tall and holds up to 27 vehicles. The patented coin-operated, all-glass structure is Carvana’s newest car vending machine. Located in Chicago, the vending machine provides what Carvana describes as a “memorable pick-up experience” for customers who purchase their vehicles on Carvana.com. The company debuted the newest machine on Wednesday. In addition, also […] [Read More]

For nearly 20 years, James Gibson led data distribution growth and expansion efforts at NADA Used Car Guide, which is now known as J.D. Power Valuation Services.  Now Gibson is taking on a new role as director of business development for the National Independent Automobile Dealers Association. In his new role, Gibson will work with NIADA senior […] [Read More]

In the Used Vehicle Outlook report from Edmunds is a graph with Google Trends data showing relative search interest for certified pre-owned vehicles since 2013. While there have been ebbs and flows throughout the past six years, the general trend line has been a gradual climb in CPO relative search interest, according to the Google […] [Read More]

As a military veteran, CarMax Foundation president Matt Aman is well aware of the stress military families face. He also knows how important play is to children of military members. “When you are deployed and away from your family, knowing that they are happy, healthy and supported in the community allows you to focus on the […] [Read More]

The Costco Auto Program is described as a member-focused auto-buying service that offers prearranged pricing on new and select pre-owned vehicles, RVs, motorcycles and powersports products. The program offers discounts on auto parts, service and accessories for U.S. Costco members. Affinity Auto Program has operated the program since its inception in 1989. According to numbers […] [Read More]

Carvana founder and chief executive officer Ernie Garcia said in a Thursday news release that the company had a “huge week in California.” On the previous Tuesday, the company announced its launch in three new California markets: Stockton, Modest  and Vallejo. Two days later, on Thursday the 4th, Carvana said it launched in three additional California markets, […] [Read More]

Each year, Training magazine publishes a Training Top 125 list, assessing companies’ work in areas such as how closely training and development efforts are linked to business goals and objectives. For its 2019 list, the magazine recognized Sonic Automotive, placing it sixth out of 125 organizations. Sonic Automotive has now placed in the awards program’s […] [Read More]

In 2017, Carvana opened in its first California market, which the used vehicle e-commerce platform’s founder and chief executive officer Ernie Garcia called, “a significant milestone in our coast-to-coast growth.” On Tuesday, Carvana announced the launching of three new California markets: Stockton, Modesto and Vallejo. “To now bring the new way to buy a car to […] [Read More]

Penske Automotive Group had its best year in its history in 2018, said chairman Roger Penske, speaking with financial analysts in February to report the company’s fourth-quarter and full-year 2018 performance results. He noted that 2018 revenue from operations was up 6.5 percent to $22.8 billion, and fourth-quarter 2018 performance was driven by used-car and […] [Read More]

Lithia Motors and Shift are getting into big data. The dealership group and e-commerce retailer said Wednesday they have started a national data-sharing partnership, the latest “milestone” in their work together that began in 2018. They are collaborating to mine lifecycle data sets from U.S. auto transactions. The thinking is, leveraging Lithia’s transactional data with […] [Read More]