How can the multi-channel remarketing innovations that commercial remarketers have been migrating towards and that we’ve all been reading about help the dealer and wholesaler community?  While the remarketing industry is one that contains a diverse base of sellers, an increasingly innovative and multi-channel set of remarketing options and an increasingly diverse group of buyers, most […] [Read More]

Brian Danahy started working with Ed Morse Automotive Group at the age of 14, starting out in the parts department.  Over the next 30-plus years, he worked in almost every area of the dealerships, including paint, service, collision, sales, and management. In 2011, he became general manager of Ed Morse Cadillac Tampa, and since then, […] [Read More]

Since 2017, the Used Car Week logo has been a circle, with stripes of different colors lining the perimeter, continually looping into the next to form the shape of a gear on the interior. The colors represent the individual conferences and topic focus areas of Used Car Week. The fact that each stripe feeds into […] [Read More]

Sean Goodman has provided notice of his intention to resign from his position of senior vice president and chief financial officer of Asbury Automotive Group. Asbury announced the news on Friday, stating that the resignation would take place effective Nov. 15. Goodman has accepted the position of chief financial officer for another publicly traded company outside […] [Read More]

In 2017, Used Car Week transitioned its CPO Forum conference into the Pre-Owned Con. Essentially, we adapted a conference originally focused on certified pre-owned into a more comprehensive look at the entire retail used-car market. For the past two years, the Pre-Owned Con has focused on analytics, data and big-picture vision, strategies and technologies that […] [Read More]

As the new vice president and general manager of national sales for auto industry digital marketplace Cars.com, Julie Scott seeks to bring growth to Cars.com’s national sales channel. In doing that, Scott will focus on advertising that drives business for OEMs, regional dealership groups and brands looking to gain from Cars.com’s insights and its monthly […] [Read More]

How blockchain can be used in the automotive industry continues to make significant progress, according to a leading organization’s update shared on Monday. The Mobility Open Blockchain Initiative (MOBI) is working with BMW, Ford, General Motors, Groupe Renault, Honda and other major automakers to develop a multi-stakeholder proof of concept (PoC) for a blockchain-based vehicle […] [Read More]

Along with naming academics, industry leaders and consumer advocates to a trio of committees, the Consumer Financial Protection Bureau also announced last week that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws. The bureau explained the Taskforce on Federal Consumer Financial Law will examine the existing legal […] [Read More]

Dealerships wanting to expand their operations now can turn to Westlake Technology Holdings. The finance company that originates installment contracts throughout the credit spectrum recently launched Westlake Capital Finance to provide commercial real estate loans to dealers. The commercial real estate program from Westlake Capital Finance offers dealers the ability to purchase their current dealership […] [Read More]

Wells Fargo recently highlighted that one of its largest educational and philanthropic endeavors reached a new milestone, fueled in part by a 20 dealer groups and franchised stores. The bank’s initiative — in collaboration with Military Warriors Support Foundation’s Transportation4Heroes program and dealers across the U.S. — has supported $1 million in payment-free vehicle donations […] [Read More]