As the online used-vehicle retailer shared some preliminary estimates of its first-quarter performance, Carvana announced another partnership on Tuesday; this time with SpringboardAuto. Carvana and SpringboardAuto have teamed up to offer SpringboardAuto customers a seamless, end-to-end vehicle finance, purchase and delivery experience for Carvana’s national vehicle inventory of more than 11,000 units. Officials indicated the […] [Read More]

Perhaps as some dealers hesitate to bid when prices climb before the hammer falls, compact cars continue to keep ringmen busy when those units roll over the block. The latest Black Book Market Insights report showed prices for compact cars have climbed by 3 percent during the past six weeks. And Black Book executive vice […] [Read More]

Thanks to in-car technology, the modern vehicle often doubles as an infotainment center or satellite office. And with Amazon’s latest foray in automotive, certain cars can now moonlight as your mailbox or package receiving center. On Tuesday, the tech giant announced an expansion of its Amazon Key in-home delivery/keyless guest access platform to include in-car delivery. […] [Read More]

LotLinx announced Tuesday that founding IAB Chairman Rich LeFurgy will join the company's board of directors. The company said LeFurgy, who has been an adviser or investor in over 60 digital advertising companies, brings expertise with programmatic data, mobile, social and AI, including over 20 years of experience in advertising. LeFurgy currently serves as general partner and founder […] [Read More]

CDK Global has acquired Progressus Media to grow the technology and capabilities of its CDK Advertising business. The company recently announced that the transaction closed for an undisclosed amount earlier this month, and it has also appointed Jen Cole to head CDK Advertising as vice president and general manager. “We are excited to bring the Progressus Media […] [Read More]

Given the rise of mobility-focused technology, the manner in which people take care of their transportation needs is changing. And the same could be said for companies with vehicle fleets. Along those lines, LeasePlan — which manages the entire vehicle lifecycle for clients, including purchasing, maintenance and resale — has formed a partnership with Lyft. […] [Read More]

With the arrival of this year’s vehicle refreshes and upcoming launches, both the pickup truck and sport utility vehicle/crossover utility vehicle segments have seen recent rises in year-over-year shopper interest unmatched by the gains produced by sedans. Last month, one-ton, full-size, and midsize pickup truck segments saw sizable year-over-year increases in shopper interest ranging from 28 […] [Read More]

Even if, like me before writing this column, you haven’t heard of it by name, you almost certainly have experienced the Baader-Meinhof phenomenon. A HowStuffWorks article by Katie Kershner explains it at such: “This phenomenon occurs when the thing you’ve just noticed, experienced or been told about suddenly crops up constantly. “It gives you the feeling […] [Read More]

“Recognizing Excellence.” That’s more than just the moniker under our Women in Remarketing logo. It’s one of the reasons why Auto Remarketing publishes this issue of the magazine each year. This special feature, which can be found in the April 15 issue, recognizes excellence among the leaders of the remarketing and used-car business. Each of […] [Read More]

BSC America's Bel Air Auto Auction announced the addition of three new consignors to the Thursday sale lineup at its new Belcamp, Md. facility. Credit Acceptance/VRS, BB&T/Regional Acceptance Corp. and Toyota Financial/Lexus Financial have begun running vehicles at the new facility this year, according to the auction. In addition to gaining new consignors, since opening in September, Bel Air has […] [Read More]