As the National Automobile Dealers Association prepared to open NADA Show 2024 in Las Vegas, a development surfaced back in Washington, D.C., that the organization cheered, too. Rep. Kelly Armstrong, a North Dakota Republican in the U.S. House of Representatives, introduced H.R. 7101, the FTC Redo Act, in response to the Federal Trade Commission’s recently […] [Read More]

vAuto has introduced Vehicle Intelligence 360, a new artificial intelligence-powered merchandising tool designed to automatically create interactive VDPs that enable shoppers to discover the unique value of each used vehicle with no effort required from the dealer. “Vehicle Intelligence 360 is a great example of how vAuto is yet again using technology to do the […] [Read More]

Automotive marketing technology company Dealer Alchemist has acquired AutoGo – formerly Dealer Venom – a provider of advanced automotive website platforms. In a news release, Dealer Alchemist said the centerpiece of the acquisition is AutoGo’s flagship product, the NEXUS automotive website platform, which will be a “pivotal offering” for Dealer Alchemist and AutoGo clients, promising […] [Read More]

Lexus took top honors in a study to measure the reputation and customer sentiment surrounding automotive brands. The luxury brand earned a “health score” of 95 out of 100 to edge Toyota (94) and BMW (91) for the No. 1 ranking on the 2024 Widewail Brand Scorecard, a study conducted by customer review and reputation […] [Read More]

Cox Automotive president of Inventory Solutions Grace Huang was named a Warren Young Fellow by the National Auto Auction Association during NAAA’s 2024 Total Access meeting Thursday in Las Vegas. The award, presented by NAAA president Eric Autenrieth, honored Huang’s “unparalleled service and dedication to advancing the wholesale auto auction industry and her commitment to […] [Read More]

Auction Academy’s latest class is headed for Big D. The eighth class of the leadership training program for professionals in the vehicle remarketing industry has completed two in-person sessions and three virtual training sessions, and is now preparing for a trip this month to Dallas, where the group will attend classes and make two site […] [Read More]

While the groundhog hasn’t delivered his forecast yet, it seems spring might be on the way in the wholesale car market. Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. “For three consecutive weeks, the overall wholesale market has exhibited a […] [Read More]

Impel announced new integrations to pair its artificial intelligence-powered customer lifecycle management and digital merchandising platform with two of the auto industry’s major players – ACV and CDK Global. The integration with ACV’s ClearCar, an advanced trade-in condition and valuation system, is designed to provide Impel’s dealer customers with an end-to-end solution for managing dealer-generated […] [Read More]

Welcome to the new year, your new normal. Don’t worry. It’s not that scary! As an industry, our No. 1 addiction is the next shiny object. It’s our Achilles’ heel. The latest trend, the latest opinion and the latest “easy way to do it better, faster and more profitably.” It always comes down to two […] [Read More]

With used-car prices still high and consumer’s budgets strained, car buyers are looking for value perhaps more than ever before. So is iSeeCars, which released its latest study to identify the best used cars for the money. “With the spike in used-vehicle pricing over the past five years, buyers are seeking the best value for […] [Read More]