AGORA founder and chief executive officer Steve Burke is building a robust collection of integrations where his platform for bulk portfolio transactions can function with dealer management software (DMS). With Frazer and DealerCenter already in his pocket, Burke recently announced AGORA now has a joint newly launched integration functionality relationship with Wayne Reaves. “Partnering with […] [Read More]

Faraday Future (FF) has appointed a new vice president of product, technology and intellectual property (IP) strategy who has previously spent time at both Tesla and Apple. The company announced Monday that it has chosen to bring aboard Jeff Risher to lead FF's IP strategy and patent portfolio efforts. He brings 20 years of experience in […] [Read More]

In an early meeting between the companies, the management at Lithia Motors posed this question to the co-CEOs of Shift, an online automotive marketplace: “Since all this stuff is so good and it works so well, what’s preventing you from scaling this thing quicker?” The answer Lithia got back “really opened our eyes up to the […] [Read More]

To meet increasing buyer and seller demand in Germany, Copart has established a second location in Germany that is located near the city of Leipzig. The company announced Monday that its second location in Germany can store up to 4,500 vehicles and will hold bi-weekly auctions on Thursdays at noon. “We are proud to open […] [Read More]

In an effort to promote awareness regarding its fight against cancer, The AutoNation Give Love Drive Pink Tour made a scheduled visit to the Sonoma Raceway for the INDYCAR Grand Prix of Sonoma this past weekend. AutoNation sponsored drivers, Andretti Autosport's 2014 Indy 500 Champion, Ryan Hunter-Reay and Meyer Shank Racing driver Jack Harvey, raced on Sunday and partnered […] [Read More]

As flooding continues, the used-car industry is mobilizing efforts to handle ramifications from Hurricane Florence, which authorities say already has resulted in 19 deaths throughout the Carolinas. From how to handle another swell of flood-damaged vehicles to what replacement demand might do to wholesale prices, Auto Remarketing reached out to an array of industry leaders […] [Read More]

Just months away from concluding their two-year course of study at Auction Academy, students of the program's fifth class will soon meet in Detroit for three days from Oct. 15 through Oct. 17 as part of its final session. While in Detroit, the class will meet with National Auto Auction Association chief executive officer Frank Hackett and […] [Read More]

Two well-known industry names — Black Book and defi SOLUTIONS — are working together again. On Monday, Black Book announced its history-adjusted valuations (HAV) data and resources will be integrated into an interface with defi SOLUTIONS. Editors explained history-adjusted valuations are a VIN-specific, analytics-driven resource that can deliver Black Book’s most precise vehicle valuations, helping […] [Read More]

An acquisition that first came to light back in July came to fruition late last week. CDK Global announced that it has received all customary regulatory approvals and has completed the acquisition of ELEAD1ONE, a leading provider of fully integrated customer relationship management software solutions for automotive dealers. The company said the acquisition is expected […] [Read More]

Dealership inventory managers who are interested in honing their car-buying, car-pricing and car-merchandising skills can look forward to two days of training hosted by Lotpop and co-sponsor Strong Automotive Merchandising next month.  Lotpop announced Monday that it will host its first Dealer Workshop on Oct. 16 and Oct. 17 at the Kansas City Auto Museum in Olathe, […] [Read More]