Post-pandemic consumers are more conservative than they used to be. When they make large purchases, they want reassurances that they’re not only making the right decision for their immediate needs but that it’s going to be the right decision for ... [Read More]

When dealerships look at the cost of introducing new technology, the conversation usually starts with the price of the technology itself. That’s understandable; every investment needs to make financial sense. But there’s another calculation that often gets missed: what is ... [Read More]

Back in 2005, my team and I at U.S. Bank were early adopters of upstream sales, starting with the Bank Vehicle Exchange (later folded into Manheim’s OVE). We went on to sell off-lease vehicles upstream across SmartAuction, ACV, OVE, and ... [Read More]

A discussion of how the vehicle transport industry has changed over the past 10 to 15 years would have to include the obvious: Technology advancements have allowed most transport transactions to be electronic. JD Glover is president and CEO of ... [Read More]

Corpay has reached a proposed settlement with the Federal Trade Commission to resolve previously disclosed allegations from a complaint first filed in federal court in 2019 about marketing and disclosure practices associated with fuel cards for fleets. Under the proposed ... [Read More]

Vehicle Management Systems (VMS) this week added Alliance Fleet Solutions, a Colorado-based fleet management provider serving fleets throughout Colorado and surrounding markets, to its growing distribution network. Management highlighted the partnership marks an important step in VMS’ strategy to expand ... [Read More]

Challenges were abundant for auto retailers in the latest Cox Automotive Dealer Sentiment Index, and that includes the used-car department of the dealership. But despite hurdles around supply and affordability concerns, there were some glass-half-full findings in Cox’s analysis of ... [Read More]

Used-car sales were down in the reporting period for the latest monthly AutoVision Used Vehicle Inventory Analysis. But there’s a silver lining for dealers: they’re doing more with much less. The report from the Reynolds and Reynolds subsidiary “covers 95% ... [Read More]