In a few special editions of the Auto Remarketing Podcast, we’re sharing some of the panel discussions and keynote presentations from the recent Automotive Intelligence Summit in Raleigh, N.C. Next up is a pair of presentations from Marguerite Watanabe, president of Connections Insights, who offered an overview of the up and coming players in the […] [Read More]

The mission of the Tim Horton Children’s Foundation is to “foster the strengths within youth to achieve their full potential and empower them to pursue a life without limits.” The 22nd Canadian Black Book Kathy Ward Memorial Golf tournament, which took place on Monday, supported that mission by raising more than $25,140 for the foundation. Before […] [Read More]

Rivian said Tuesday it has secured a $350 million equity investment from Cox Automotive, and the companies will look into teaming up on digital retailing, service operations and logistics opportunities. This follows two other major investments in the transportation and tech company this year, with an Amazon-led $700 million round in Rivian that came in […] [Read More]

If your store can turn luxury cars quickly, your opportunity for decent gross might be at hand stemming from how wholesale prices for those high-line units are moving. The newest Black Book Market Insights report showed wholesale prices for luxury cars again softened at a much higher rate than the overall car reading. “Luxury-segment declines […] [Read More]

Dealer credentialing services provider AuctionACCESS describes itself as “a dealer’s key to the wholesale marketplace.” Now, AuctionACCESS says it is strengthening its commitment to independent dealers through a new alliance with the National Independent Automobile Dealers Association. AuctionACCESS is now a Bronze-level national corporate partner of NIADA. “We will continue to work with NIADA members […] [Read More]

A wide array of components goes into orchestrating Used Car Week and its four distinct pieces — Pre-Owned Con, Auto Fin Con, Repo Con and the National Remarketing Conference. And one of the most important ingredients is collaboration with leading organizations such as the American Recovery Association. Executive director Les McCook shared why ARA is […] [Read More]

Tennessee has been a location for Carvana’s online used car buying services since 2014 and launched what Carvana describes as the world’s first fully automated, coin-operated car vending machine in Nashville in 2015. On Tuesday, Carvana continued its Tennessee history, bringing its services to customers in the Clarksville, Johnson City and Kingsport areas. With the […] [Read More]

The idea of car dealers using alternative channels to broaden the reach of their inventory listings and increase their online presence is nothing new. In fact, dealers have been using services like eBay Motors and similar portals for years — if not decades. However, the online vehicle listing space is growing, meshing with social media and […] [Read More]

 It was 2009, and the auto industry was reeling from the impact of the Great Recession. Jane Millman was standing in the showroom of what is now Riverhead Chrysler Dodge Jeep Ram in Riverhead, N.Y., when the dreaded letter arrived. She breathed a sigh of relief when it confirmed that the family-owned dealership was not […] [Read More]

The Federal Trade Commission closed its settlement case with a dealer software provider involved in a data breach but not before accepting a public comment from the National Automobile Dealers Association, which took a broad view of the developments. Late last week, the FTC approved a final order settling charges against DealerBuilt, an Iowa-based dealer […] [Read More]