Carvana’s next Megasite will be right in its backyard. Well, one of its backyards, anyway. In keeping with its one-a-month addition of combined auction/reconditioning centers, the online used-car retailer announced Tuesday that ADESA Indianapolis will be the site of its newest Megasite. The site in Plainfield, Ind., is a relative stone’s throw from ADESA’s headquarters […] [Read More]

Dealer Profit Pros is looking to gain insight into several retailing metrics and is offering the possibility of dealer survey participants getting two nights at a Las Vegas resort and a round of golf. The advertising advisory firm is seeking information to compile benchmarks about topics such as what percentage of your store sales are […] [Read More]

There’s some disagreement about the forecast for Canada’s retail used market in 2025. But analysts agree on one thing: it’s hard to know exactly what retail used-car demand and pricing is going to look like this year. “Assuming there are no changes in the market we expect to see a growth in the used-car market […] [Read More]

Dealership software provider Reynolds and Reynolds is collaborating with Kimoby, to help Quebec dealers collect payments efficiently. The partnership gives Reynolds’ dealership customers in Quebec access to Kimoby Pay, an electronic payment processing system that can be used in store or online and includes the ability to satisfy payments for service invoicing in French. “We’re […] [Read More]

It’s been a whirlwind at two of the largest federal regulators who oversee auto financing and retailing during the past couple of days. While three critical appointments have been made at the Federal Trade Commission, the head of the Office of Management and Budget and the acting director of Consumer Financial Protection Bureau wants to […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from Used Car Week 2024 in Scottsdale, Ariz., is a panel discussion featuring Cherokee Media Group’s 2024 Women in Retail honorees, who share their career journeys, success strategies and more. Listen to the conversation in the window below and stay tuned for more from Used […] [Read More]

Next up on our Auto Remarketing Podcast series from Used Car Week 2024 is the “Consignor Conversation” panel featuring leaders from the OEM, rental car and bank/lender segments of the wholesale auto industry. Moderated by Joe Overby of Cherokee Media Group, the panel included: Basem Tartir, Mazda North American Operations Nate Lattimer, Enterprise Holdings Jeff […] [Read More]

Self Inspection, developer of an artificial intelligence-powered vehicle inspection platform, has closed a $3 million seed round co-led by Costanoa Ventures and DVx Ventures, with participation from auto finance company Westlake Financial. The platform is designed to provide standardized condition reports in minutes with increased accuracy. “Vehicle inspections are expensive, can take weeks to complete […] [Read More]

The year started off with expectations there might be a return to normal in the used-car market. Well, that doesn’t exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted “uncertainty” and surprises in the market to begin the year. At Black Book, the Used […] [Read More]

Car Pros Kia Glendale reached the top of the heap — again — leading strong sales performances by the dealership group’s Southern California stores in 2024. Car Pros Automotive Group announced its Glendale location ranked first nationally in new Kia retail sales, its fifth consecutive No. 1 ranking. In addition, MINI of Downtown Los Angeles, […] [Read More]