When Shawn Vaughan looks at what’s ahead for the automotive market in 2024, he sees much uncertainty — about the economy, interest rates, politics. But there’s one thing he’s sure of. “Retail is back,” said Vaughan, president and CEO of Vaughan Automotive, which operates two Toyota dealerships in Houston and Boerne, Texas that retail some 1,500 units with annual sales of about $500 million. As the auto industry continues to evolve in the post-COVID era, many dealerships are having to ... [Read More]

There are dozens of events providing education and value to retail car dealers. From the large NADA Conference and Exposition to the small factory or 20 Group meetings, they range dramatically in both value and cost. I have participated in hundreds of events, both inside and outside this industry as an exhibitor, sponsor or attendee. […] [Read More]

Resolvion made another technology-driven move on Tuesday aimed at making repossession complexities smoother for both its employees and its network of agents. The provider of national repossession management, skip-tracing, remarketing, license plate recognition, heavy equipment and specialty recovery announced today the universal acceptance release integration between its proprietary database — Wombat — and RDN. Resolvion […] [Read More]

Tesla’s autopilot features are in question after significant recalls hit the U.S. and Canada this past week. According to recall information from both the National Highway Traffic Safety Administration and Transport Canada, the respective U.S. and Canadian auto regulators,  Tesla is dealing with a recall that involves the majority of the cars it has sold […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features representatives from High Performance Auto Auctions who discussed M&A and more. The panel included: —David Diedrich of Dealers Auto Auction —Bob McConkey of McConkey Auction Group —Sawyer Walker of America’s Auto […] [Read More]

Black Book announced an integration with peer-to-peer vehicle transaction platform PrivateAuto to give buyers and sellers more visibility into the values of the vehicles on the platform. PrivateAuto is designed to remove the middleman and provide an enhanced level of transparency to the private-vehicle sale process, using proprietary banking technology so buyers and sellers can […] [Read More]

The Cherokee Media Group team wishes you a safe and happy holiday season and a joyous new year. Saturday’s issue of Used Car Weekend will be the final regularly scheduled e-newsletter from our team in 2023 before we take a holiday break. We thank you for your interest, support, readership and feedback this year. The Auto Remarketing e-newsletters will resume […] [Read More]

Autonomy founder and CEO Scott Painter returns to the Auto Remarketing Podcast for a wide-ranging discussion on electric vehicle accessibility and affordability, the insurance industry’s relationship to EVs and car subscriptions, Autonomy’s recent partnerships with Deloitte and others, plus much more. Listen to the conversation in the window below.   [Read More]

Exeter Finance now is leveraging artificial intelligence from Pagaya Technologies to boost underwriting, funding and working relationships with more than 13,000 dealerships in its financing network that often book non-prime paper. By integrating Pagaya’s AI-driven auto product, which includes access to fully automated credit-decisioning technology and real-time funding of contracts originated, Exeter can help dealerships […] [Read More]

It’s literally been a deadly week in the repossession world. American Recovery Association president Vaughn Clemmons recapped in an industry message on Friday that repossession agents were shot and killed in separate incidents in Alabama and California. Clemmons indicated the tragedies raised the number of repossession agents killed while on assignments to seven in the […] [Read More]