Electric vehicle manufacturer Rivian Automotive has named John Krafcik to its board of directors. Krafcik is a veteran automotive executive with more than 35 years of experience in the industry, most recently as CEO of Waymo, an Alphabet company that has commercially launched autonomous driving technology in several U.S. markets. He will also serve as […] [Read More]

Tameron Gulf Coast, a dealership group based in Daphne, Ala., has acquired another store in that state with the purchase of Nissan of Mobile from Group 1 Automotive Inc., according to a news release from The Presidio Group, which facilitated the sale. The acquisition gives Tameron Gulf Coast six dealerships along the Gulf Coast, joining […] [Read More]

As long-time integration partners, PassTime and Advanced Business Computers of America, Inc. (ABCoA) have worked together for decades to provide integrated solutions to their mutual customers in the buy-here, pay-here industry and other part of auto financing. On Wednesday, they announced their latest collaboration, as PassTime’s battery-powered tracking device, Encore, has now been integrated into […] [Read More]

U.S. Auto Sales closed its 31 dealerships in the Southeast in April, but the buy-here, pay-here operation is now facing a lawsuit in federal court brought by the Consumer Financial Protection Bureau (CFPB). On Wednesday, the CFPB filed a lawsuit against the BHPH company’s servicing division, USASF Servicing, for a host of “illegal practices that […] [Read More]

RM Sotheby’s, which is based in Ontario, and Motorsport network have teamed up to launch a new high-line vehicle online auto auction destination. Sotheby’s Motorsport online auction will focus on 21st century sports, exotic, and luxury vehicles priced between $100,000 and approximately $1 million. Leading the site is Chip Perry, well known in the U.S. […] [Read More]

Prices in the Canadian wholesale vehicle market continued to slide last week, dropping by 0.27%, according to Canadian Black Book. Once again, the trucks (down 0.48%) saw prices drop more than cars (0.05%), the CBB data shows. That’s compared to a 0.11% decline for cars and 0.44% for trucks the week prior. According to CBB’s […] [Read More]

Transportation logistics technology is a rapidly evolving field that is constantly improving. Some of the most recent advances in this field include the use of artificial intelligence (AI) and the Internet of Things (IoT) to offer efficiencies for drivers and carriers and provide peace of mind for customers. These improvements often offer cost improvements, as […] [Read More]

Next up on our NAAA 75th series commemorating the diamond anniversary of the National Auto Auction Association is a conversation with Jack Neshe, general manager of ADESA Boston. Neshe, who was the 2013-2014 president of NAAA, talks with Cherokee Media Group senior editor Joe Overby about the importance of trade groups, how NAAA helped his […] [Read More]

Owning a Porsche can be an elevated experience. Holman wants the same to be true about buying one. To that end, the global automotive services company has opened the Porsche Studio San Diego, a state-of-the-art retail site focused on delivering a premium automotive customer experience. The studio, located in San Diego’s upscale, open-air Fashion Valley […] [Read More]

Artificial intelligence is everywhere these days — including in car dealerships. And according to a new survey by CDK Global, dealers who are using AI say it’s making things better in their business. The survey of 230 executives and department heads of automotive dealerships in North America, “What Automotive Dealers Think About Artificial Intelligence,” found […] [Read More]