Recharged co-founder and CEO John Foley is firmly focused on growing his used electric-vehicle retailing enterprise. It’s also why Foley is among the “Game Changers in Auto Retail,” presented by Conversica to be honored during Used Car Week. Foley on Wednesday reinforced a critical part of his operations, as Recharged prepares to expand beyond its […] [Read More]

On Sept. 15–16, members of the entire automotive transportation ecosystem gathered at Caribe Royale Orlando for two days of education and connection with a twist: The entire event focused on the needs and challenges of carriers. SuperCon, which was created by Super Dispatch, is designed to answer the questions carriers have that may go unanswered […] [Read More]

When Billy Willis and his family decided to return to Greenville, North Carolina, after nine years in California and six months in Ohio, he had no job waiting for him. For the first time since he was 15, Willis was unemployed. But he and his wife had faith that bringing their three children home was […] [Read More]

Fuel prices are affecting wholesale vehicle values more dramatically as the year goes on, according to the latest Manheim Used Vehicle Value Index analysis. Although fuel costs have been plaguing consumers most of the year, they became a more visible factor in wholesale market analysis in the third quarter Large pickups and SUVs are not […] [Read More]

The auto auction industry continues to grow digitally, but the buying, selling and servicing of vehicles still requires boots on the ground, physical infrastructure and land. To that end, Greater Rockford Auto Auction is adding six acres to its parking lot, allowing for additional vehicle capacity and more space on its main lot for auction […] [Read More]

Carvana is bringing more magic to Orlando. Well, maybe not magic, per se, but it is bringing additional vehicle reconditioning capacity, more same-day delivery options and about 100 new jobs to its existing ADESA auction in the area. The online used-car retailer said Tuesday it is adding Inspection and Reconditioning Center capabilities to the ADESA […] [Read More]

In September 2023, I wrote a LinkedIn article titled “How Artificial Intelligence Could Improve Vehicle Remarketing & Evaluations & Reduce Overall Portfolio Risks” (click here to read it). I’m revisiting parts of it here because the ideas are even more relevant today than when I wrote them, even if we aren’t as close to that […] [Read More]

The decline in wholesale vehicle prices grew steeper in September, and that downturn is likely to continue through the fourth quarter, according to the latest analysis from Black Book. On Monday, the firm released its latest Used Vehicle Retention Index, which fell 3.1% month-over-month in September and dropped 3.3% year-over-year. Granted, the decrease was not […] [Read More]

So far in this series, we’ve spent a lot of time on upstream digital sales. In fairness, though, the physical downstream auction locations bear the heaviest load, with 8 million-plus vehicles a year sold off their premises. Some of those move through digital platforms, but this is where the rubber meets the road, literally and […] [Read More]

At its World Remarketing Convention on Thursday in Seattle, the National Auto Auction Association elected Lisa Franz as its vice president for the 2026-2027 term. This begins a four-year leadership progression for Franz, who is general manager and co-founder of Big Valley Auto Auction in Donna, Texas, which she and her family opened in 2008. […] [Read More]