Independent battery health certification is the new gold standard for used EV dealerships. The latest AVILOO detect Magazine reveals how...
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SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Retail
Longtime Ford veteran Thornton takes the helm of FordDirect
A veteran of almost 30 years with Ford is the new leader of the company’s joint venture with its dealers. Chris Thornton has been named CEO of FordDirect, which serves as a data hub connecting Ford and Lincoln dealers and ... [Read More]
Hendrick goes all in on RockED after successful pilot program
RockED has been working with Hendrick Automotive Group dealerships since 2022. Now it’s official: the auto industry training platform is a partner of the company that bills itself as the nation’s largest privately held automotive retail organization. In a news ... [Read More]
Wholesale
COMMENTARY: Auctions, advisory, and operational excellence
The automotive industry continues to evolve at a remarkable pace. Every operator, from independent dealerships to large retail groups, is challenged to run leaner, think strategically, and protect enterprise value. The same holds true in the wholesale auction sector, where ... [Read More]
Lane watch: Price softening intensifies as November arrives
The wholesale market turned the calendar to November on Saturday, and wholesale values are cooling similarly to the deep autumn temperatures. Black Book reported that overall wholesale prices decreased by 1.04% last week, with vehicles less than 2 years old ... [Read More]
Technology
CarDr.com integrates AutoAp’s open recall data into its diagnostic reports
CarDr.com, a provider of OBD diagnostic and vehicle appraisal technology, is joining with automated recall management services provider AutoAp to bring open recall information directly into CarDr.com’s diagnostic and appraisal reports. The companies said the collaboration gives auto dealers and ... [Read More]
FAXVIN upgrades CarRank, which generates vehicle-history score on 100-point scale
FAXVIN this week rolled out a significant update to CarRank, its 0–100 vehicle-history metric designed to help shoppers and dealers compare used cars at a glance. The company highlighted the latest release incorporates additional data sources and methodology refinements that ... [Read More]
Analysis
Not just leaves falling: Spooky season means big drops in used-car values
Like a roller coaster at a state fair, wholesale vehicle values descended rapidly in October — and the declines were “faster than usual,” according to Black Book. To use another seasonal metaphor to describe the fall, used-car deprecation was “a ... [Read More]
End of EV tax credit sparks ‘reset era’ where pragmatism rules
The appetite for electric vehicles hasn’t evaporated. Far from it. It’s just that now, with the $7,500 tax credit having expired, the demand that exists (albeit smaller) is more genuine interest and “less deal-driven.” Or as Jessica Caldwell of Edmunds ... [Read More]
