After softness in the first two months of the year, certified pre-owned vehicle sales are starting to pick up some steam. According to Wednesday’s Data Point report from Cox Automotive, there were 233,540 CPO vehicle sales in April, up approximately 6% year-over-year. That follows nearly 3% growth in March, when 265,878 certified vehicles were sold. […] [Read More]

TRADER Corp. has teamed up with Accu-Trade to bring the Instant Cash Offer program to Canada, giving dealers a way to directly connect with private sellers online. The aim of the platform is to not only provide consumers with a way to sell or trade-in their existing cars, but also give dealers another avenue to […] [Read More]

Roadster is adding to the list of automakers for which it provides digital retailing services. After digital retailing partnerships with Lexus, Audi and Hyundai, Roadster is broadening its work with Toyota Motor North America and partnering with Mercedes-Benz for its first-ever approved digital retail program. The Roadster online-to-in-store solution will be offered to all 386 […] [Read More]

Automatic Labs says its new connected car assistant transforms most vehicles into connected vehicles that deliver safety, maintenance and convenience features. And it does all that through an install-it-yourself adapter and mobile app. The company also announced that for $99.99, its connected car assistant is available for purchase from Amazon.com, Best Buy and BestBuy.com, Crutchfield.com […] [Read More]

Manheim says its new integration with what it describes as “the largest transportation platform in the industry” can help dealers handle vehicle transportation more simply and easily. The company says its integration with Central Dispatch is part of its broader strategy to help dealers make good use of “new digital technologies to more efficiently run […] [Read More]

The data is in, and it shows that consumers are ready for an autonomous future in terms of vehicles. But they are not only ready — they are excited about it. A new study from the Capgemini Research Institute finds that consumer preference for riding in self-driving cars could double within the next 10 years. Thirty […] [Read More]

The mobility options and technology in the auto industry can sometimes feel like they’re moving faster than the cars themselves. That’s why Kelley Blue Book has launched a new website designed to get consumers up to speed. The site, called Ride, is designed to shed some light on topics like ride-hailing, car-sharing, subscriptions, micro-mobility, electric vehicles and […] [Read More]

After 12 years in the position, Pierre Pons will step down from his role as chief executive officer of ServNet Auctions at the end of 2019. ServNet will move to a single executive director system, which it had before Pons became CEO in 2008, versus its current corporate staff operation. “Ten years is a solid […] [Read More]

Could a digitally based ratings system, like we see in retail, help with conversion rates in wholesale? Kelly Bianchi, president of AuctionVCommerce, discusses that and more with Cherokee Media Group president Bill Zadeits in this podcast recorded at the CAR Conference in Las Vegas earlier this year. The full discussion can be found below. Download […] [Read More]

The Black Book Market Insights report released Tuesday had this anecdote from auction lane commentary in Georgia: “SUVs flooded the lanes today. In general, prices remained high as the stability of the market continues." Strong and stable. Such was the wholesale market last week. Wholesale prices were fairly steady, according to that Black Book report, […] [Read More]