In addition to selling vehicles, Autotrader team members keep busy with community service, including sponsorships, donations, community partnerships and volunteerism. Autotrader and other companies under the umbrella of Cox Enterprises also employ more than 1,700 active veterans, and Autotrader vice president of marketing Greta Crowley notes that the company "continues to make strides in strengthening the […] [Read More]

CarLotz has been in full expansion mode as of late, with the recent opening of its San Antonio location marking a continuation of its 2018 growth pattern that also included new stores in Florida and Illinois. The used-vehicle consignment company now operates eight retail locations and three reconditioning centers in Virginia and North Carolina in […] [Read More]

Holman Automotive likes to talk about its customer lifestyle-focused experience that represents the Holman values.  The company is touting the same theme with the recent opening of its new 145,000-square-foot Audi Fort Washington dealership. Holman says the facility features the all-new Audi Terminal Concept, delivering “a lifestyle-focused experience” that also represents those Holman values. The […] [Read More]

Two more technology firms are collaborating to deliver a solution that’s aimed at impacting how trades and stale store inventory are transacted. LotBlok and WeBuyYourCar recently announced their partnership after the highly successful launch of their vehicle-buying service in California. According to a news release, LotBlok will continue to build out its U.S. operations, while […] [Read More]

To mimic the famous Mark Twain quip, perhaps reports about the drastic demise of the auto finance industry are greatly exaggerated. As some commentators latched onto delinquency metrics shared recently by the Federal Reserve Bank of the New York, auto default data contained in the latest the S&P/Experian Consumer Credit Default Indices showed improvements in […] [Read More]

AutoNation will have a new chief executive officer and president on March 11. The retailer announced Friday that current USAA chief operating officer Carl Liebert will replace Mike Jackson in these positions; Jackson will take on the position of executive chairman of the board that same day. The vote by the board to name Liebert […] [Read More]

Upfront price is the most important priority for U.S. and European consumers when buying a new vehicle. For Chinese consumers, however, ride and handling are most important. That is according to a new report from market intelligence and consulting company, Strategy Analytics. For younger age groups, however, safety and infotainment features have been rising in […] [Read More]

Karma Automotive has appointed two members to its executive team, including a former president and chief executive officer for Volvo Cars of North America and a former senior director for Faraday Future. John Maloney, who oversaw all U.S. business operations as president and chief executive officer for Volvo Cars of North America, has been appointed chief […] [Read More]

According to Laura Zanchin of Zanchin Automotive — Toronto’s largest auto group — the automotive field is a “world of its own.” And if anyone knows what makes the auto industry tick, it’s the Zanchin sisters. At very early ages Laura Zanchin and sister Andria Zanchin, both 2019 Women & Automotive Profiles in Leadership honorees, […] [Read More]

Dealership website and tech company Leadbox has merged with Drive Media, a dealership advertising and tech company. The merger, announced Feb. 14, brings together two companies that have been collaborating for more than two years, including a recent collaboration to serve as a certified marketing services vendor for Canadian Ford dealerships. “Working together in this […] [Read More]