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]

OpenRoad Auto Group has launched a philanthropic non-profit organization, OpenRoad Foundation, which has been a long-time dream of CEO Christian Chia, who is also the OpenRoad Foundation’s founding board of director. The foundation is designed to support the development of “robust and resilient” communities in the areas the dealer group serves. So far, the OpenRoad […] [Read More]

It’s like a virtuous circle for used electric vehicle affordability. An increasing percentage of pre-owned EVs are now priced under $25,000, the threshold to qualify for federal tax credits, which in turn would make those cars even more affordable. Here's how those numbers shake out ... [Read More]

June showed “more precipitous” declines in wholesale vehicle prices than May, and that drop-off has not let up so far this month, says ADESA chief economist Tom Kontos in his latest monthly report. Citing data from ADESA US Analytical Services, the Kontos Kommentary report released Friday said average wholesale vehicle values in June were at […] [Read More]