As the used EV surge arrives, Plug is ready and fully charged — with $20 million. The online auction exclusively for electric vehicles received $20 million in Series A funding, a round led by Lightspeed, with participation from Galvanize and existing investors Autotech Ventures, Leap Forward Ventures and Renn Global. Plug said the new capital […] [Read More]

EBlock Corp. has entered into a deferred prosecution agreement with the U.S. Department of Justice, Antitrust Division, and agreed to pay a $3.28 million criminal fine for charges of “entering into and engaging in a combination and conspiracy — through individuals who became employees as a result of an asset acquisition — to suppress competition […] [Read More]

Fraud in the transportation sector dominated conversations throughout Used Car Week 2025, including this panel discussion led by John Robertson, who is executive vice president and chief revenue officer of SYCN Auto Logistics. A trio of other executives — Eric Schwartz of Central Dispatch, Ross Yudkin of ACV and Kelly Olson of Ally SmartAuction — […] [Read More]

A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of Vehicle Management Systems (VMS), appeared on the Live Stage presented by SYCN Auto Logistics during […] [Read More]

Montway Auto Transport has promoted chief financial officer Alberto Anguiano to chief operating officer, the third-party logistics brokerage announced. Anguiano will oversee Montway’s daily administrative and operational functions, the company said in a news release, and will be responsible for “driving strategic growth initiatives to advance the company’s position as an industry innovator.” Montway said […] [Read More]

A startup auto auction is moving into new territory for the first time. Salvato Auctions, an online auction for salvage vehicles, announced its plan for a “strategic expansion” with current customers into the Midwest region, scheduled to launch in the second quarter. Salvato began operations in August, with all vehicles auctioned located in Texas. The […] [Read More]

As we enter a new period for the industry in 2026, the automotive industry is facing a transformative shift that will define the “dealership of the future.” The days of relying solely on new car trade-ins or the high-fee, low-margin environment of national auctions are fading. To scale volume from 300 to 500 units and […] [Read More]

A visit to the doctor is often the best way to diagnose what ails you, optimize health and to understand best practices based on your condition. Same goes for cars. And IAA, a global digital marketplace connecting vehicle buyers and sellers, has a new physician on call. On Tuesday, the company announced a partnership with […] [Read More]

Auto Hauler Exchange chief operating officer Dana Randazzo spent part of Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Randazzo and Cherokee Media Group’s Joe Overby shared a conversation titled, “Fact or fiction — The truth behind EVs,” that’s now available via this episode of the Auto Remarketing Podcast. Listen […] [Read More]

America’s Group CEO Chuck Tapp sat down with Cherokee Media Group’s Bill Zadeits for a fireside chat during Used Car Week 2025 in Las Vegas. Their conversation about Tapp’s career in the wholesale market and what might be ahead for the company he now leads is available through this episode of the Auto Remarketing Podcast. […] [Read More]