With one executive calling it an “important milestone in our transformation to a mobility company,” Toyota Motor Corp. said it will build autonomous vehicles with Uber in an expansion to their partnership announced Monday, while also reporting a separate $500 million investment in the ride-sharing company. The two companies said they aim to launch “autonomous ride-sharing as […] [Read More]

How can cities balance the long-term benefits of mobility with the possible short-term headaches? What is the impact on revenue generation from taxis and public transit? At last month's Automotive Intelligence Summit in Raleigh, N.C., STRATIM president Sean Behr discusses the "interesting position" that cities face when it comes to mobility services entering the city […] [Read More]

Manheim Texas Hobby recently finished adding a new paving system, water reclamation center and upgraded security thanks to a two-year investment in sustainability enhancements of $6 million-plus. Manheim recently announced that three key initiatives have been completed this month to help improve conditions and reduce risks at the auction. “Our innovative and creative solutions are as […] [Read More]

In an age where driving is the most popular means of commuting in the country each day, drivers can find themselves trying to avoid top annoyances like other people’s poor driving, rush-hour traffic and the cost of gas, CarGurus recently found. The company’s new Commuting Sentiment Survey of 1,877 commuters found that most commuters in the […] [Read More]

Insights from the car owner experiences of more than 3.2 million drivers can now be accessed from the new JDPower.com car-shopping website that shares recent vehicle rating, review and award verified data. To help car shoppers find dependable makes, models and body styles for model-years 2013 to 2018, J.D. Power announced Monday that its site now […] [Read More]

Among the thousands of companies named on the 37th annual Inc. 5,000 List of the Fastest Growing Companies is this year’s 13th place winner Podium. The communication platform provider is joined by several other auto-related companies, including the likes of PureCars, CARCHEX, Client Command, ClassicCars.com and CarLotz. Auto Remarketing’s Joe Overby spoke with CarLotz chief […] [Read More]

LotLinx has named a new vice president who will develop new AI-based digital advertising solutions for the company. The company announced Wednesday that it has brought aboard Eric Turner from Ford Motor Co., to serve as LotLinx’s VP of product management. “Our goal is to always push forward and find new and exciting ways to help […] [Read More]

Southeastern Auto Auction of Savannah hit the double deuce and celebrated on Aug. 15. Southeastern AA held its 22nd anniversary sale and offered a variety of vehicles from franchised and independent dealers as well as institutional accounts. The auction said a huge crowd was in attendance both in the lanes and online. Dealers enjoyed free […] [Read More]

On the day that Michael Bor found out CarLotz had made this year's Inc. 5000 list, the company was having a team meeting. So, Bor asked members of his squad where they thought CarLotz had placed. Somewhere in the 4,000s, they figured. As it turns out, they were off. By a lot. CarLotz ranked 460th on […] [Read More]

Perhaps the surprising summertime surge in wholesale prices might come to an end before Labor Day arrives. Following a rise in July on par with other industry watchers have seen, J.D. Power Valuation Services is projecting that wholesale prices of vehicles up to 8 years in age are expected to soften by about 0.5 percent […] [Read More]