Eric Autenrieth has begun his tenure as president of the National Auto Auction Association. Autenreith officially took office for the 2023-2024 term Thursday, succeeding outgoing president Garrison Hudkins in a passing of the gavel ceremony during the 2023 NAAA World Remarketing Convention in Chicago. Autenrieth currently serves as CEO of the Stanley-Autenrieth Auto Auction Group, […] [Read More]

Online used car retailer Carvana has joined with Esports and gaming company NRG in hosting a skills challenge event to find the world’s next Rocket League pro. The Carvana|NRG Combine, in collaboration with the Network of Academic and Scholastic Esports Federations, is inviting outstanding student Esports athletes ages 18 and up to compete for a […] [Read More]

One View has announced the integration of its auto industry-specific document management system with Autosoft’s dealership management system. The collaboration allows users of Autosoft’s DMS to scan and archive documents using One View’s document management software, which the companies said helps empower dealers with seamless data transmission between the two systems and critical data to […] [Read More]

Wholesale vehicle prices have begun to climb again after three months of declines, but that didn’t slow down used car sales in August, according to the latest monthly report from ADESA chief economist Tom Kontos. The new Kontos Kommentary, released this week, using ADESA US Analytical Services’ monthly analysis of auction industry used vehicle prices […] [Read More]

ADESA Auctions has introduced a new tool designed to help provide better transparency and efficiency in buying and selling electric vehicles at auction. ADESA’s advanced battery health scoring process, created in collaboration with Recurrent and AutoIMS, “sets a new industry standard,” the company said in a news release. In 2022, ADESA partnered with Recurrent in […] [Read More]

The latest industry survey by Protective Asset Protection sought to get a better understanding of growth patterns for online research and sales of vehicle transactions and F&I product offerings at dealerships across the U.S. The provider of F&I programs and services conducted the online survey in August with more than 300 dealership executives participating. According […] [Read More]

According to the United Auto Workers update posted on Wednesday, 18,600 union members are now on strike at 41 Big 3 manufacturing facilities in 21 states. The ramifications in the used-vehicle space, particularly the wholesale market, continue to evolve. Black Book reported Tuesday that wholesale prices dipped just 0.22% last week. And with dealers concerned […] [Read More]

Graham Ourisman Automotive’s sales numbers will get a big boost from its latest acquisition. The dealer group purchased McGeorge Toyota in Henrico, Va. — ranked No. 4 in sales volume among franchise dealerships in the state — from Rod McGeorge and the McGeorge Family of Dealerships. The new acquisition, to be renamed Ourisman Toyota of […] [Read More]

The keynote presentation by economist Elliot Eisenberg could have been titled “I’m a little nervous, but I’m not terrified,” since he said just that multiple times Tuesday morning when pointing out turbulent trends connected with consumers’ financial health and other parts of the economy. When Eisenberg conceded that an official recession might arrive sometime in […] [Read More]

Ford Canada and Canadian auto worker union Unifor reached a new national labor agreement this past weekend, avoiding potential strikes by auto workers across the automaker’s plants. Ford Canada leaders expressed the contract will ultimately improve parts delivery service to the OEM’s more than 400 dealers. The new contract includes wage increases, bonuses, additional paid […] [Read More]