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PODCAST: Investments, M&A surge in automotive
Wednesday, May. 24, 2023, 03:07 PM
Auto Remarketing Staff
Next up on our series of Auto Remarketing Podcast episodes from April’s Auto Intel Summit & NRC Spring Summit is a panel discussion on the increases in capital investment and M&A in the retail, remarketing, finance and tech segments of automotive. Moderated by Cherokee Media Group senior editor Joe Overby, this panel includes Gina Cocking […] [Read More]
How used EVs compare to ICE vehicles in terms of miles driven & price
Wednesday, May. 24, 2023, 02:23 PM
Joe Overby, Senior Editor
The cost of used electric vehicles are coming down (more on that later), but according to iSeeCars.com, the average price on a 3-year-old EV is still 47% higher than that of a same-age internal-combustion vehicle. Add oddly enough, owners will drive their 3-year-old EV an average of 9,059 miles – 29% less than the 12,759 […] [Read More]
Association roundup: Moves and news from NADA, IARA & NAAA
Wednesday, May. 24, 2023, 02:22 PM
Auto Remarketing Staff
The National Automobile Dealers Association has a new vice president of human resources. NADA said Wednesday that hired for the role is Dawn Worthington, whose nearly three decades of association HR experience includes time as VP of HR for the National Association of Chain Drug Stores and the National Restaurant Association. Worthington is a certified […] [Read More]
PODCAST: 5 experts on status & future of modern car buying
Wednesday, May. 24, 2023, 09:32 AM
Auto Fin Journal Staff
Next up on our series of podcasts from April’s Auto Intel Summit & NRC Spring Summit is another panel discussion, moderated by RouteOne’s Alexander Mandeville that features Colton Ray of FUSE Autotech, Mike Sailor of CDK Global, Steve Wittman of Sonic Automotive Group and Michael Wynns of CarSaver. Titled “The Modern Car Buyer’s Purchase Experience,” […] [Read More]
NAF Association emerges strong after nearly 3 years of change
Wednesday, May. 24, 2023, 09:04 AM
Nick Zulovich, Senior Editor
The National Automotive Finance Association began to navigate challenges triggered by COVID-19 like literally the rest of the world in March 2020. Then, matters became tremendously more complicated 15 months later when the only executive director the NAF Association ever had passed away. It took the organization about nine months to find a replacement for […] [Read More]
IARA names new executive director
Tuesday, May. 23, 2023, 06:46 PM
Auto Remarketing Editor Joe Overby
The International Automotive Remarketers Alliance will have a new executive director next month. Appointed to the role is Mark Coleman, who will begin his tenure on June 12, the trade group said Tuesday evening. In a news release, IARA president Jeff Bescher said: “Mark is a 25-year veteran of the wholesale automotive industry. His experience […] [Read More]
Auction News Roundup: WAAC crowns auctioneering champion, plus more auctions awarded
Tuesday, May. 23, 2023, 03:50 PM
Auto Remarketing Staff
We start this auction news roundup with some, well, auctioneering. The 2023 World Automobile Auctioneer Championship was held Friday at Capital City Auto Auction in St. Albans, W. Va., and the auctioneer champion this year was James Benton Pendleton of Salt Lick, Ky. This was announced by the National Auto Auction Association, which purchased WAAC […] [Read More]
Qualifying round now open for US Auto Tech National Championship
Tuesday, May. 23, 2023, 03:47 PM
Auto Remarketing Staff
Champions will be crowned soon in professional basketball and hockey. And this summer, champions among professional and aspiring automotive technicians will be decided, too. The U.S. Auto Tech National Championship (USATNC) is back. Garage Gurus, the training and support platform from Tenneco’s DRiV group, and the University of Northwestern Ohio (UNOH) are once again joining […] [Read More]
PODCAST: How a car dealer can ‘DIY with APIs’
Tuesday, May. 23, 2023, 03:45 PM
Auto Remarketing Canada Staff
In honor of baseball heating up, send in the closer. Atul Patel is the CEO and co-founder of Orbee, a leading provider of customer experience middleware for car dealerships. He’s also the Day 1 closing keynote speaker at Canada’s Used Car Week next month in Toronto. He joins the Auto Remarketing Podcast to talk about […] [Read More]
DealerBuilt broadens solution offerings with acquisition of Oplogic CRM
Tuesday, May. 23, 2023, 02:44 PM
Auto Remarketing Staff
Back to the technology space for the latest M&A move in the automotive industry. Late on Monday, dealer management system software provider DealerBuilt announced the acquisition of Oplogic, a comprehensive CRM solution provider for dealerships. Executives said the acquisition enhances DealerBuilt’s suite of solutions to include Oplogic’s intuitive tools for desking and digital retailing, lead […] [Read More]
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