Cherokee Media Group’s Nick Zulovich reconnected with Ken Hill, who is managing director of 700Credit. They shared a conversation about auto financing, regulations and fraud during this episode of the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Vegas. Listen to the episode in the window below. [Read More]

SYCN Auto Logistics has announced its commitment to the relocation sector, introducing a series of specialized relocation services and technology that it said “aims to elevate transferee experience while addressing the evolving and specialized needs of relocation industry professionals.” The company said its artificial intelligence technology and team of relocation experts can provide transparency for […] [Read More]

The availability of public chargers is still the least satisfying aspect of owning a battery electric vehicle — and the latest research from J.D. Power shows that experience is actually getting worse. According to the J.D. Power 2024 U.S. Electric Vehicle Experience Ownership Study, satisfaction with public charger availability is 32 points lower now than […] [Read More]

Used-vehicle prices are showing a “typical seasonal rise” on a month-over-month basis in the wholesale market but are down double-digits from early 2023. Meantime, used-vehicle prices on the retail side of the market “are in retreat” from peaks reached in May. That’s according to respective analyses released by ADESA and CARFAX in the past week. […] [Read More]

For the second time this month, OPENLANE made an announcement involving an executive’s retirement. The one to surface on Tuesday involved Mike Eliason, the company’s treasurer and vice president of investor relations. OPENLANE said Eliason is retiring after more than 25 years at the company, effective June 1. According to a news release, Eliason will […] [Read More]

Driivz, a provider of electric vehicle charging and energy management software, named Blake Jessen as its new vice president of North America. The company said Jessen’s “deep market knowledge and value-add approach” align with Driivz’s mission to “accelerate the EV industry’s dynamic and continuous transformation” and will allow him to drive innovation and solidify Driivz’s […] [Read More]

If your store specializes in high-line vehicles, the auction scene might look more appealing. But if you recently took several luxury trades that now need to go down the lanes, the wholesale market might be a little rough, even as Black Book sees more intense signals of the annual spring market. Black Book reported overall […] [Read More]

Lithia & Driveway added one more state to its ever-expanding footprint with the acquisition of Minnesota-based Carousel Motor Group. The purchase includes Carousel’s nine dealerships in the Minneapolis-St. Paul area, including one just across the state line in Hudson, Wisc. — Hudson Ford, one of the state’s largest operations. The group of mostly luxury brand […] [Read More]

On Tuesday, TotalCX promoted long-time employee Jonathan Jackson to chief experience officer. Jackson has been with the provider of artificial intelligence-driven customer experience management solutions for eight years, previously serving as director of partner accounts and lead product manager. Before joining the company — which combines automation, AI, ongoing training, real-time assessments and staff augmentation […] [Read More]

The Insurance Institute for Highway Safety is getting tougher on automakers — again. For the second consecutive year, the nonprofit vehicle safety watchdog organization has raised the requirements for its Top Safety Pick and Top Safety Pick+ awards in 2024, challenging manufacturers to offer better protection for back-seat passengers and improve pedestrian crash avoidance systems. […] [Read More]