The next chapter in Chip Perry’s professional career officially began last Friday; this time with another start-up. The executive who previously has served as a leader with The Los Angeles Times, Autotrader and TrueCar became president and chief executive officer of A2Z Sync, a software and dealer-services company that says it can enable dealers to […] [Read More]

The week ending July 5 marked the fifth straight that there were at least 100,000 auction sales of vehicles up to 8 years old, according to the latest Used Market Update from J.D. Power. Specifically, the company estimated the weekly auction sales total at 100,000 units, which is down from 110,000 the week before. However, […] [Read More]

After appearing at Used Car Week and in other content produced by Cherokee Media Group, Edmunds senior manager of insights Ivan Drury made his Auto Remarketing Podcast debut to elaborate about the recent analysis his team completed involving used vehicles and financing of those units. Drury also touched on some interesting trends involving trades that […] [Read More]

In this episode of the Auto Remarketing Podcast, Cherokee Media Group president Bill Zadeits chats with Paul Brobson, the founder and chief executive of Trusted Sale. The company started as a way to facilitate peer-to-peer online transactions, eventually growing into automotive. Last year, Trusted Sale launched what it says is the first CPO program for […] [Read More]

Scrubbing vehicle surfaces because of the coronavirus pandemic is top of mind nowadays, but Privacy4Cars and AutoIMS announced a collaboration this week to clean the technology system of today’s modern models. The companies finalized a new data partnership to provide visibility to consignors and auctions on the removal of nonpublic personal information previous owners and […] [Read More]

Nicholas Financial solidified two of its highest leadership positions this week. The subprime auto finance company announced the appointment of Irina Nashtatik as chief financial officer; a role she had been filing in an interim capacity since November. Nicholas Financial also announced the extension of its employment agreement with president and chief executive officer Doug […] [Read More]

The Spiffy model is now allowing franchising of its on-demand car care, technology and services model. The company, which currently operates in 17 metropolitan areas, announced Thursday that it will start accepting franchise licenses in new markets. “We started Spiffy six years ago with the idea to leverage digital technologies to disrupt the existing automotive […] [Read More]

CarMax plans on finishing the rollout of its omni-channel experience — which allows consumers to tailor their car-buying and delivery experience — by the end of next month. This was among a range of updates shared via email by the nation’s largest used-car retailer, which this spring also added a CarMax Curbside option to its […] [Read More]

On July 1, 1941 at 2:29 p.m., the first television commercial appeared on screens across the United States. Bulova, a watch company, aired their 10-second commercial at a cost of $9 prior to a Brooklyn Dodgers and Philadelphia Phillies baseball game. During the last Super Bowl, companies paid $5.6 million for a 30-second spot. Just […] [Read More]

Davis & Gilbert partner Joseph Cioffi makes another podcast appearance to offer more insights about the Credit Chronometer report that surveyed executives from throughout the subprime auto finance sector about the space’s prospects to navigate through the coronavirus pandemic. What Cioffi uncovered was the vast majority of survey participants remain upbeat, and he tells senior […] [Read More]