Inventory is very much on the minds of independent auto dealers. When asked by Auto Remarketing at the recent NIADA Convention and Expo about the biggest challenge they face in today’s used car market, dealers said the low availability and high cost of used vehicles was driving their expenses up and potentially costing them customers. […] [Read More]

Perhaps dealers aren’t paying as much for a vehicle at auction, but they might be spending a bit more in reconditioning to get that unit to stand tall on their retail lot. That’s two of the observations from Black Book’s team, which reported that wholesale values dropped another 0.53% last week even while the estimated […] [Read More]

Independent car dealers are no stranger to challenges, and the good ones know a great opportunity when they see one. With that in mind, Auto Remarketing spoke with independent dealers at the recent NIADA Convention and Expo about the biggest challenges and opportunities they face in today’s used car landscape. Not surprisingly, there were plenty of responses in both categories, including some dealers who see opportunity within the challenges. Among the challenges, one of the top choices was ... [Read More]

Ed Brojerdi and Craig Nehamen are co-founders and co-CEOs of Caramel, a digital checkout platform for independent dealers and private party buyers and sellers. They join the podcast from last month’s NIADA Convention, where they talked with Cherokee Media Group’s Joe Overby about how the platform works and its origin, where Caramel is in terms […] [Read More]

J.D. Power, which analyzes more than 20 million vehicle transactions per year and has collected billions of vehicle configuration and performance datapoints, is now collaborating with Palantir Technologies to develop generative artificial intelligence and predictive analytics systems. These systems are designed to provide deeper insights and more strategic decision-making by the automotive industry. J.D. Power […] [Read More]

Automotive data technology provider Foureyes has launched the Unified Data Platform, which is designed to transform the way auto dealer groups use their own data to get faster, more enhanced insights about their rooftops’ performance. Foureyes said the new platform delivers unbiased, real-time performance data to measure metrics such as vendor ROI and insights such […] [Read More]

At the NIADA Convention last month, Cherokee Media Group senior editor Joe Overby connected with Selly Automotive founder and CEO Zach Klempf for a conversation about Selly’s merger with AutoManager last year, observations on the independent dealer landscape and much more. Plus, Klempf discusses his experience throwing out the first pitch at an Oakland A’s […] [Read More]

Vehicle inspection platform PAVE is focusing on artificial intelligence and the role it plays in the company’s success. With that in mind, PAVE has hired four new machine learning experts to boost its AI team. These new recruits were all sourced through the Vector Institute, which launched in 2017 and works with the private, government […] [Read More]

Experian senior director of automotive financial solutions Melinda Zabritski came back for another visit on the Auto Remarketing Podcast. Cherokee Media Group’s Nick Zulovich asked Zabritski if auto finance data is “normal” again after pandemic anomalies. Listen to Zabritski’s intriguing response and more about the current state of the market. The conversation can be found […] [Read More]

A recent tip of the week from Ignite Consulting Partners involved one of the potentially complicated parts of the buy-here, pay-here business: handling matters when consumers raise concerns about their credit history. The recommendations originated from the recently launched e-OSCAR 4.0, which is a web-based, Metro2-compliant, automated system that can enable data furnishers (DFs) and […] [Read More]