In late January, Black Book introduced Battery Adjusted Values, which it says are the industry’s first electric vehicle valuations. The valuations incorporate battery condition adjustments based on data from Recurrent, a provider of EV analytics. At NADA Show 2024 last month, Cherokee Media Group’s Joe Overby connected with Marko Iljadica of Recurrent as well as […] [Read More]

Used-car supply is rising at the lower end of the pricing scale – but those cars are getting older. Cars Commerce’s Industry Insights Report for February found the overall supply of used cars was up 2.4% year-over-year, but for vehicles priced less than $30,000, it shot up 7.5% from the same month in 2023. That […] [Read More]

Almost seven years ago to the day (March 16, 2017), Cherokee Media Group’s Joe Overby was in Chicago to record what would end up being the first-ever episode of the Auto Remarketing Podcast. The guests? Kayne Grau, the co-founder and then-CEO of DRIVIN, and his colleagues John Manganaro and Justin Mahlik. A few trips around […] [Read More]

Petra Automotive Products launched a new awards program, designed to increase retention in sales and service for dealerships nationwide. The company said Petra Advantage Rewards provides dealerships with “a fully white-labeled experience to create a strong ‘why buy here’ message for customers.” The program provides an app, a rewards and recognition point program that automatically […] [Read More]

Bob Sight Auto Group has acquired Dale Willey Automotive in Lawrence, Kan., from Greg Maurer, according to Performance Brokerage Services, which brokered the sale. The longstanding Kansas City-area operation, founded in 1970, includes Honda and Chrysler Dodge Jeep Ram stores. Maurer joined the ownership group in 1998 and became sole owner in 2014. Bob Sight […] [Read More]

A Reynolds and Reynolds executive has been elected to a prestigious position. Director of industry relations Shawn Leibold was selected in a special election to fill a vacant seat on the board of directors of automotive information technology standards organization Standards for Technology in Automotive Retail. Leibold had previously been a STAR board member, and […] [Read More]

Kanchana Sundaram acknowledged dealerships are fertile places for fraud to happen. But Experian’s senior director of product and innovation for automotive offered several suggestions for how stores can remain car retailers, not vehicle victims, during this episode of the Auto Remarketing Podcast recorded in Las Vegas at NADA Show 2024. Listen to the episode in […] [Read More]

Vero and Privacy4Cars finalized an exclusive partnership aimed at helping consumers from personal data abuses through vehicle data deletion and ID theft recovery. The fruit of the partnership is Identi-FI, which pairs Privacy4Cars’ patented AutoCleared and Vehicle Privacy Report tools with Vero’s three-generation fully managed recovery (FMR), providing a comprehensive solution that is available now […] [Read More]

Merger-and-acquisition activities surfaced again this week in the F&I space. Brown & Brown chief acquisitions officer Scott Penny and DealerMax owners Jim Maxim Jr. and Jim Maxim Sr. announced that Brown & Brown Dealer Services (BBDS) has acquired the assets of DealerMax. DealerMax, founded in 1982 by Jim Maxim Sr. as Maxim Automotive, serves dealer […] [Read More]

MileOne Autogroup has joined Universal Technical Institute’s early employment program for automotive technicians at the institute’s Exton, Pa. and Mooresville, N.C. campuses. Selected UTI-Exton and NASCAR Tech students enrolled in the automotive technology program can work 20-30 paid hours weekly as part of the early employment program. Participants who remain with MileOne after graduation will […] [Read More]