Fresh off its annual lobbying event in Washington, D.C., the National Auto Auction Association announced it has opened registration for its 2024 NAAA World Remarketing Convention. The convention, set for Oct. 1-3 at the Hilton Bonnet Creek Resort in Orlando, Fla., brings the auto remarketing industry together for association business, honors, networking and educational content. […] [Read More]

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. “It’s time to get off the fence if that’s where you’ve been sitting and waiting for the right moment to act,” CARFAX editor […] [Read More]

Repairify is investing in the future of auto repair. The auto service/repair technology and data provider announced a donation of more than $180,000 worth of diagnostic tools to the automotive technology program of Collin College in North Texas as part of the company’s initiative with the Repairify Institute to support automotive training. The automotive technology […] [Read More]

Two of the giants of the auto retail industry are renewing the vows of their marriage. Dealership software provider CDK Global and Group 1 Automotive have announced an extension of their agreement to provide the massive dealership group’s U.S. franchise stores with the CDK Dealership Xperience platform. The open and integrated platform is designed to […] [Read More]

Just before Memorial Day weekend, Konnect GPS announced the launch of a new, updated version of its magnetic GPS tracker. Konnect GPS said it can monitor a vehicle as well as other business assets because, unlike Bluetooth-enabled Apple Air Tags or Tile Mates, the company said its waterproof, mini wireless tracker is “completely undetectable by […] [Read More]

OpenRoad Group is generating plenty of buzz these days. In honor of World Bee Day, May 20, the British Columbia-based dealership group established a rooftop beehive at its BMW Langley location in the Vancouver area. OpenRoad said the hive, which furthers its environment, social and governance commitments, “will provide a home for thousands of honeybees […] [Read More]

With many colleges and universities hosting their graduation ceremonies this month, potential buyers with fresh degrees might be walking into your showroom or scanning inventory on your dealership website. To cater to those particular purchasers, Autotrader released a list on Tuesday highlighting experts’ selections as the Best Cars for Recent College Graduates for 2024. Along […] [Read More]

In a social-media era fueled by platforms such as Facebook, Instagram, TikTok and X, DealerFire reminded stores about how valuable blogs still are — especially to highlight their values and active participation in the community. To help dealerships establish a blog and consistently publish content centered around the community, DealerFire shared a trio of recommendations […] [Read More]

As an extension of the panel discussion series at our auto industry news conferences, Cherokee Media Group is launching a new print and auto news podcast series called “Consignor Conversations,” where we interview leading remarketing executives from commercial consignors. We begin the series with an interview of Stephanie Compton, vice president of asset remarketing at […] [Read More]

Fitch Ratings offered some sullen — and perhaps not surprising to some executives — metrics and observations about U.S. subprime auto ABS performance. Analysts reported on Thursday that performance continues to weaken, with delinquencies and losses trending higher and recovery rates falling. “Delinquency and net loss metrics typically improve between January and April as borrowers […] [Read More]