Next up on our series of podcasts from April’s Auto Intel Summit & NRC Spring Summit is another panel discussion, J.D. Power’s Jonathan Banks, NAAA’s Larry Dixon and CarGurus’ Kevin Roberts share insights on the state of the economy and its impact to the retail, remarketing and finance segments of automotive. This discussion also includes […] [Read More]

Manheim said Wednesday it has launched a new self-inspection mobile app for commercial consignors, called “Next Inspect,” designed to help them capture a vehicle’s condition and decide on next steps. The product is designed to relieve “the inherent friction in today’s off-lease processes and gives fleet owners needed visibility into the condition of their inventory,” […] [Read More]

Getaround’s recent acquisition of HyreCar’s assets also included experienced executives who were given new positions this week. Former HyreCar CEO and chief financial officer Eduardo Iniguez now will be senior vice president of finance and strategy, while former HyreCar chief operating officer AJ Lee now will serve as vice president of gig marketplace. Through this […] [Read More]

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]

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]

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]

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]

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]

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]

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]