On Wednesday, Cherokee Media Group revealed its latest Emerging 8. They’re being recognized via an award program now in its sixth year that honors companies that improve a specific aspect of the automotive industry through technology. Industry leaders believe these firms are on the cusp of automotive innovation and tech development. They’re all “on to […] [Read More]

Credit Union Leasing of America (CULA) is building on its successes from last year by adding another client in a large metro market. CULA has been selected by Citadel Credit Union to bring the benefits of indirect vehicle leasing to its credit union members in Pennsylvania. With this partnership, Citadel Credit Union, which has $5.8 […] [Read More]

After launching late last year, Glenview Finance Solutions closed the first quarter with an important development. The company now has fully deployed an intricate, full-service financial portfolio assets management platform for engaging in automotive financing and consumer loans. Among the services Glenview now can provide are: —Underwriting expertise —Data collection and analysis —Payment processing solutions […] [Read More]

UsedCars.com is getting a new start. AutoWeb Inc., a service for connecting automotive buyers and sellers, announced the “relaunch” of UsedCars.com, a site dedicated to helping consumers and dealerships navigate the used-car market. In a news release, the company said the update continues its legacy automotive audience acquisition and lead generation, and a step toward […] [Read More]

Spring is in full swing, and not only because Easter Sunday was just celebrated. Wholesale values are rising for almost every vehicle category Black Book tracks — except one. And dealership staff probably doesn’t need too many guesses to pinpoint the one going counter to last week’s overall value rise of 0.39% that Black Book […] [Read More]

Vehlo is making changes at the top of its organizational chart. The provider of software and financial technology for the auto repair industry has named Josh Weis as its new CEO. He succeeds Michelle Fischer, who is transitioning to a role as chairwoman of the company’s board of directors after four years as chief executive. […] [Read More]

Manheim has new leaders for four of its auctions. Cox Automotive’s auction arm has named general managers for its operating locations in Omaha, Houston, Nashville and Philadelphia, with six decades of combined experience working with Manheim clients and teams. Lincoln Hansen has been promoted to GM of Manheim Omaha, having served for the past year […] [Read More]

Along with more insight about how much negative equity is an industry hurdle, the latest auto finance data from Edmunds highlighted how affordability challenges triggered by stubbornly high interest rates are impeding growth in the new- and used-car markets. Edmunds explained auto-financing growth is being hampered even with the return of new-vehicle incentives because everything […] [Read More]

Bonfires, s’mores, archery lessons, canoe trips, karaoke. These are not normal features of an automotive leadership conference. But they are some of the out-of-the-box experiences that an attendee at the DealerKnows Summer Camp (DKSC) can expect. We all know that conferences are valuable to get people together, share ideas, network, learn, make deals, close deals […] [Read More]

Logistics-as-a-service platform ACERTUS has made its sixth acquisition, announcing Tuesday it has purchased Guardian Auto Transport. The acquisition builds on the company’s “commitment to strengthening its platform with best-in-class logistics, now supporting large-format vehicles,” ACERTUS said in a news release. This continues a years-long line of acquisitions for ACERTUS and parent company MetroGistics, which has […] [Read More]