U.S. News & World Report announced Tuesday this year’s winners of its Best Vehicle Brand awards, which recognize brand-wide excellence in the four major segments: cars, SUVs, trucks and luxury vehicles. The automotive channel of U.S. News & World Report  — U.S. News Best Cars — averaged the overall score of brand’s new models in each segment […] [Read More]

CarMax announced Tuesday it has expanded its commercial relationship with RepairPal and made a minority investment of $5 million as the lead in a new round of financing for the auto service and repair provider. CarMax had already been partnering with RepairPal for several months, offering its Los Angeles customers increased repair service options, according to […] [Read More]

Carvana has brought on former Deutsche Bank Securities vice president Michael Levin as its vice president of investor relations, the online car retailer said Tuesday. Levin headed up the automotive dealer equity research at Deutsche and has a decade of experience covering the auto and retail industries, including companies like Carvana. “We've had the fortune […] [Read More]

RumbleOn announced Monday that it has named Peter Levy its new senior vice president of dealer services to oversee the development of the company’s dealer network and the rollout of its dealer-to-dealer Internet marketplace. Over 25 years, Levy has taken on leading roles in sales, marketing and consulting at several technology-driven businesses, which include startups that […] [Read More]

Mark your calendars: Cherokee Media Group has announced the dates for its 2018 Auto Remarketing Canada and Women & Automotive conferences. The Auto Remarketing Canada Conference is set for March 27-28, and Women & Automotive is March 29. Both conferences will be held at the Westin Harbour Castle in Toronto. And we’re also proud to […] [Read More]

AutoLoop announced Tuesday it has been named a key software vendor for Fiat Chrysler America (FCA) dealers through Shift Digital.  In addition to AutoLoop’s service and customer retention tools, FCA dealers can now take advantage of special FCA promotional rates. “We’re excited about this opportunity to partner with FCA and offer its dealers proven solutions […] [Read More]

Manheim has announced a 100-percent sales rate following the exclusive off-site auction for Citroen its Nevada team recently held in Las Vegas in collaboration with Manheim Online in the U.K. The Las Vegas auction follows the successful unique off-site sale Manheim and Citroen held 'at sea' last year on No Man’s Fort, a 150-year-old facility […] [Read More]

Kerrigan Advisors determined dealerships not only are moving metal this year, but they’re also turning their entire operations at quite a clip, too. The firm’s Blue Sky Report for Q3 2017 indicated the dealership buy/sell market is poised for its most active year ever with more than 200 transaction closings projected for 2017. The report […] [Read More]

No matter which way the analysts at RVI Group looked at October wholesale prices, they noticed increases versus September’s readings as well as from year-ago figures. The RVI Used Vehicle Price Index (Real) increased from September to October by 2.0 percent. When compared to October of last year, prices rose by 1.1 percent. The firm’s Used Vehicle […] [Read More]

Buy-here, pay-here operators who use products from Ituran USA and Auto Master Systems now can benefit from these two systems working together. The GPS solution provider and dealership management system (DMS) recently finalized integration. The companies highlighted that all Auto Master clients using Ituran GPS devices and associated software will have the ability to work […] [Read More]