With apologies to Shakespeare, the road to retail automotive — like the road to true love — has never run smoothly, nor is it expected to anytime soon. That’s why key players in the auto industry are lining up to help straighten curves and fill in  potholes, so dealers can operate more efficiently and profitably, […] [Read More]

AutoWeb has created a new role titled vice president of strategy and development, and announced Wednesday that hired for the position is Mark Ugar. Ugar was most recently the senior vice president of business development and strategic partnerships at YP Holdings. His background also includes time with media and tech companies like Hearst Corp. and […] [Read More]

Make that 23 locations in the ServNet family. The auction group closed its 30th year by bringing in FastLane Auto Exchange, in the Michigan town of Mount Morris, which is north of Flint. This gives ServNet a presence in the Upper Midwest. “The ServNet auction owners welcome yet another new facility to our ranks,” ServNet […] [Read More]

Lake Charles Auto Auction finished 2018 on quite a high note. On Dec. 12, the operation located in Lake Charles, La., celebrated the grand reopening of its new main office building that consists of 4,000 square feet. The auction offered more than 700 vehicles and sold more than 400 units with an average value of […] [Read More]

During a keynote presentation at last year’s convention hosted by the National Independent Automobile Dealers Association, Cox Automotive chief operating officer Mark O’Neil remarked how a 1960s cartoon, "The Jetsons," foretold the future with things like flying cars and other machines that completed tasks for people. Another development surfaced this week toward a world O’Neil […] [Read More]

Traditionally, the 10th anniversary is celebrated with gifts of tin or aluminum. Well, Digital Recognition Network (DRN) closed 2018 with a series of critical milestones, representing all kinds of metal found during its 10-year history. The artificial intelligence and data analytics company that provides vehicle location data and analytics to auto finance companies highlighted its […] [Read More]

With its annual Vehicle Finance Conference coming later this month, the American Financial Services Association (AFSA) announced a trio of promotions reflecting expanded expertise and increased responsibilities in both its federal and state government policy functions. The moves AFSA made this week include: — Celia Winslow, formerly director of legal and regulatory affairs, becomes the […] [Read More]

A New York City-based online dealership now can help its customers with dings, dents and other unsightly ramifications from crashes and mishaps. Signature Auto Group this week announced it will now be administering full services through its body shop partner, Auto Group Collision. Through the new arrangement, Auto Group Collision will now be able to […] [Read More]

CarMax’s used-vehicle unit sales in its fiscal third quarter were down 1.2 percent against comparable stores in the year-ago period. But pre-tax earnings and earnings per share for the retailer were up, something president chief executive Bill Nash called a “testament to the strength of our diversified business model,” in a news release recapping CarMax’s […] [Read More]

A winner of Auto Remarketing’s Certified Pre-Owned Dealer of the Year Award was the location for Manheim’s latest growth initiative in the Midwest. In a move the company described as being “committed to meeting local dealer needs and establishing operations in underserved markets,” Manheim established Manheim Iowa, its first mobile auction site in the state. The […] [Read More]