Dancing players. Senior citizen cheerleaders. And if a fan catches a foul ball, it counts as an out. This is not an ordinary baseball game. The Savannah Bananas are an exhibition baseball team that creates a circus-like atmosphere with its events. One of the team’s main goals: “Entertain always.” Jesse Cole, owner of the Savannah […] [Read More]

When comparing an electric vehicle to a car with an internal combustion engine, think of a dolphin and a fish, says Brian Donnelly, director of partnerships at Autotech Ventures. On the outside, the two animals look quite similar. Underneath the hood, so to speak, they’re completely different, as one is a mammal and the other a fish. The same goes for EVs and ICE vehicles ... [Read More]

The market for electric vehicles is growing, and the key to that growth will be “a better product at a better price,” according to Bank of America senior automotive analyst John Murphy. In his keynote presentation of Bank of America’s third annual EVolution electric vehicle summit — a virtual event to discuss the latest trends in electric vehicles and environmental sustainability with industry experts — Murphy said last year’s EV growth from ... [Read More]

A week after upgrading its platform, Autosled promoted one of its longtime executives to be director of enterprise sales. The provider of digital technology solutions for vehicle transport logistics announced the promotion of Sam Goldenberg to this new role on Monday. A member of Autosled’s team since the company’s launch, Goldenberg most recently served as […] [Read More]

This dealer news roundup includes developments from both franchised and independent operations with activities happening in the U.S. and Europe. Beginning with Lithia & Driveway, the dealer group announced on Monday that it intends to enter a strategic partnership with Pinewood Technologies and acquire the U.K. motor and fleet management divisions of Pendragon, which the […] [Read More]

Napleton Auto Group ranked as the dealer group most responsive to Internet leads, according to research by Pied Piper. The 2023 Pied Piper PSI Internet Lead Effectiveness Study showed Napleton at the top of the list for the second consecutive year, ahead of Penske Automotive Group and Herb Chambers Auto Group, which tied for second. […] [Read More]

If Kinetic Advantage was writing the traditional “How I spent my summer” back-to-school essay, it might be summed up in one word: Volunteering. Beginning in June, the floorplan provider teamed with five independent auctions across the nation on volunteer projects that gave back to their local communities to help fight hunger, support women in crisis […] [Read More]

As a dealer, stop riding the wave or you will end up beached! Look at today’s used-vehicle retail market from the consumer’s perspective: The news has been telling the public they’ve been paying inflated prices for used cars for the last three years. The latest news? Vehicle values are softening and consumers should see lower […] [Read More]

With the Federal Reserve on deck to announce its next decision involving interest rates on Wednesday, policymakers have softening trends percolating from the auto finance space to consider when deciding if another rate hike is merited to curb inflation. Last week, S&P Global Ratings published the U.S. auto asset-backed securities (ABS) sector’s performance for July. […] [Read More]

Nestled within the core of the vibrant auto remarketing ecosystem, vehicle inspection processes — once held sacred in their traditional form — are now under the lens of technological disruption. The cacophony of the past, filled with the tangible sounds of clipboard ticks and assiduous note-takings, is slowly being replaced by the symphonic hum of […] [Read More]