Former NAAA president Dave Angelicchio, who was the longtime chairman and chief executive officer of his family’s auto auction before retirement, died Sunday in Pittsburgh, the National Auto Auction Association announced. Angelicchio, who fought a long bout with cancer, was 67. In the 1990s, he became the general manager of the D-A Auto Auction opened […] [Read More]

Group 1 Automotive has acquired two BMW/Mini dealerships — in Albuquerque and Santa Fe, N.M. — which the company says represents New Mexico’s only BMW and MINI franchises. The acquisition also includes BMW Motorrad franchises. With the purchase of those businesses, which are also located in Albuquerque and Santa Fe, Group 1 said in a […] [Read More]

Online car-shopping site Edmunds has promoted Stephen Felisan to chief technology officer, and in his new position, he will lead Edmunds’ 152-member technology organization. Felisan, who was Edmunds’ director of engineering before his promotion to vice president of engineering and operations and eventually to his most recent role as chief information officer, will oversee all […] [Read More]

In this episode, recorded at the company's Detroit-area offices, Cox Automotive chief product officer Marianne Johnson discusses practical uses of artificial intelligence for dealers and auto auctions, the use of AI in alternative vehicle usage and connecting the online to in-store experience for car dealers. Plus, she shares how dealers can be good stewards of […] [Read More]

The Junior League, The Women’s Fund Miami Young Professionals and Junior Achievement of South Central Kentucky are just a few organizations that Amber Martin has served. "Having worked in media and entertainment, I understand just how important it is for all women to have advocates and a team to help advance them in their careers,” […] [Read More]

Up to now, JM Family Enterprises has operated five automotive businesses, including Southeast Toyota Distributors, which it describes as the world’s largest independent distributor of Toyota vehicles. The company is also involved in financial services and owns a Lexus dealership. On Monday, the company announced its first acquisition outside of automotive. JM Family has acquired […] [Read More]

The Ram brand at FCA US made quite a splash in the new-vehicle market last month, hitting its best sales month since becoming a standalone brand a decade ago.   The stats are quite impressive: June’s sales of 68,098 units were a 56% increase, according to FCA. That begs the question: Is Ram’s success on […] [Read More]

Black Book’s Used Vehicle Retention Index for June showed how the impact from the spring market still left its mark even as summer began. Editors released the June index reading on Tuesday, noting that it ticked up 0.6% from the previous month to land at 115.0. Black Book explained the strong spring season continued into […] [Read More]

Davis & Gilbert partner Joseph Cioffi reiterated his position that subprime auto finance portfolio performance is expected to deteriorate soon. Cioffi first made that assertion through a 360-degree market study released by Credit Chronometer, a microsite he authors. Nick asked him to elaborate during this podcast recorded during the National Automotive Finance Association’s annual conference in June […] [Read More]

“What have you got on me, and why? And what are you doing with it? Who did you share it with?” That’s the succinct way that John Lewis sums up what consumers have the right to know under the California Consumer Privacy Act. The CCPA gives Californians the right to find out what personal information […] [Read More]