Auto recalls rose sharply in the first quarter of 2024, according to the inaugural Recall Report compiled by customer retention platform BizzyCar. Using data from the Department of Transportation and the National Highway Traffic Safety Administration, BizzyCar found there were 105 recalls issued in Q1, affecting some 9.7 million vehicles. The company said the recalls […] [Read More]

Federal Reserve chair Jerome Powell again reiterated how policymakers arrive at their decisions involving interest rates when he appeared at the Stanford Business, Government and Society Forum at Stanford University last week. But Powell also delved into other topics such as transparency and accountability, highlighting steps the Fed takes to maintain public confidence and trust. […] [Read More]

Canadian Black Book has hired former Dealertrack executive Alysha Bell as senior director of sales. Bell spent nearly 20 years with Dealertrack, serving as national sales director and director of performance management, among other roles. She has received numerous awards during her career, including her selection as one of Auto Remarketing Canada’s Remarketing’s Under 40 […] [Read More]

In a new series of the Auto Remarketing Podcast, Cherokee Media Group interviews “Dealer Entrepreneurs” — auto retail leaders, who in addition to their roles at dealerships, have also launched outside companies/startups in the automotive space. Kicking off this series is a conversation with Ryan Maher, who is the founder of BizzyCar, which provides a […] [Read More]

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. It may depend on which industry index you’re observing. Still, a common theme of “normalcy” certainly has emerged in the used-car market. On Monday, Black Book […] [Read More]

Electric-vehicle naysayers likely harp on challenges such as outdated and insufficient infrastructure, alongside environmental regulatory programs, as hurdles to continued expansion of EVs and battery manufacturing in the U.S. U.S. law firm Troutman Pepper acknowledged those elements and other risks undermining EV adoption in its new industry report released on Monday. But Troutman Pepper also […] [Read More]

America’s Group has appointed Ron Kruczynski as its new chief financial officer. The parent company of America’s Auto Auction and AXLE Funding said the addition shows its “commitment to strengthening its financial structure and reinforcing its position in the used car sales industry.” Kruczynski will be responsible for overseeing all financial operations of America’s Group, […] [Read More]

Rapid Recon wants to help car dealers get their forms in order. The dealership software provider has introduced Custom Forms, a free feature for users of Rapid Recon’s T2L used-car reconditioning workflow software designed to help dealers personalize, customize and digitize the forms used in fixed and variable operations. Custom Forms is designed to convert […] [Read More]

Orbee, a provider of automotive customer experience middleware, has integrated with phone system and call analytics provider Car Wars in a partnership designed to enrich shopper profiles with advanced voice data and facilitate a deeper understanding of shoppers’ behavior before, during and after voice conversations. Orbee’s Customer Data Platform now includes call data from Car […] [Read More]

Cherokee Media Group president Bill Zadeits catches up with Larry Dixon, who is vice president of Auction Data Solutions/AuctionNet at the National Auto Auction Association, during last month’s CAR Conference in Phoenix. They discuss Dixon’s presentation at the conference, which included highlights from NAAA’s annual member survey, auction volumes, conversion rates, vehicle affordability, used-car demand […] [Read More]