vAuto announced what it called “a significant expansion” of Upside, bringing its wholesale solution to the Texas market. The system, which combines Cox Automotive brands vAuto, Kelley Blue Book and Manheim Marketplace, is designed to enable dealers to acquire trade-ins at the right price while helping secure a profitable wholesale exit, directly from their vAuto […] [Read More]

CarSaver, an automotive adaptive retail platform and marketplace, has added former AutoNation executive Addison Verklas as vice president of product, dealer solutions and system integrations. Addison previously served as AutoNation’s director of product management, leading the auto retail giant’s strategic systems. CarSaver said with that experience, along with his “deep passion for product strategy,” Verklas […] [Read More]

Hyundai Motor America and Colorado Hyundai dealers donated $150,000 to Children’s Hospital Colorado as part of KALC-FM’s 2024 Alice Cares for Kids Radiothon. The radio station, known as Alice 105.9, holds the two-day event annually to raise money for the hospital’s patient care, research and advocacy, helping foster better outcomes and opportunities for young patients. […] [Read More]

Carmigo, an online marketplace and wholesale platform for dealerships, has promoted Chris Michael to from operations manager to vice president of operations. Michael has been with company almost since its beginning — he joined three months after its founding in early 2021 — and has led its operations department through multiple company-wide initiatives. In a […] [Read More]

The CARS Rule from the Federal Trade Commission was one of the primary topics at NADA Show 2024, and Adam Crowell offered his expert perspectives, too. The vice president of legal and corporate development at KPA discussed the FTC and other regulatory matters during this episode of the Auto Remarketing Podcast recorded in Las Vegas. […] [Read More]

Before spending a few minutes with Cherokee Media Group to elaborate about the used-car market, National Automobile Dealers Association chief economist Patrick Manzi gave a press conference on the NADA Live Stage. Hear what else Manzi had to say about the franchised dealership world from Las Vegas during NADA Show 2024 through this episode of […] [Read More]

It’s a joint episode of the Auto Remarketing Podcast and the PAL Podcast, featuring their respective hosts, Joe Overby and Jeremy Louisos. Joe and Jeremy connected at NADA Show 2024 last month in Las Vegas for a conversation in which each asked the other five surprise questions. They chatted about everything from electric vehicles, the […] [Read More]

RB Global, a global marketplace for buyers and sellers of commercial assets and vehicles, has appointed Nancy King as chief technology officer, effective June 3. The company, which is the parent company of IAA, said King brings “extensive hands-on information technology leadership experience” for Fortune 100 organizations. Most recently she served as senior vice president […] [Read More]

The expectation of Michele Raneri and other industry experts that the Federal Reserve would not lower interest rates this week came to fruition. On Wednesday, policymakers voted unanimously to leave the federal funds rate unchanged at 5.25% to 5.5%. Prior to the announcement, Raneri, who is vice president of U.S. research and consulting at TransUnion, […] [Read More]

Buckeye Dealership Consulting welcomed “an icon” to its team on Thursday. The provider of reinsurable products for automobile dealers and finance companies announced that it has hired Bill Elizondo as its new national sales manager with a specific focus on leading the company’s sales efforts in the independent and franchised automotive spaces. “Bill is an […] [Read More]