Todd Caputo, president of Todd Caputo Consulting, joins the show from last month’s Auto Intel Summit in Raleigh, N.C. Caputo talks with Cherokee Media Group senior editor Joe Overby about how dealers can correct bad habits, keys to standalone used-car store success and much more. The full conversation can be found in the window below. […] [Read More]

At last month’s Auto Intel Summit in Raleigh, N.C., Cherokee Media Group senior editor Joe Overby sat down with Jason Ferreri, executive vice president of customer solutions at KAR Global. Jason and Joe discuss digital remarketing strategies, wholesale vehicle volumes, the integration of KAR’s BacklotCars and CARWAVE platforms and more. The full conversation can be […] [Read More]

AutoNation will have a new chief marketing officer on May 15. Hired for the role is former Macy’s executive Richard Lennox, who will report to AutoNation CEO Mike Manley in the new post. Current chief marketer Marc Cannon will retire at the end of 2023, but will serve in a new role focused on corporate […] [Read More]

Here’s another option for franchised dealers to generate revenue either via an F&I product or in the service lane. Radiant Ride, specialists in professional cosmetic restoration services and customer retention, announced the launch of its certified dealer network for franchised dealership service departments. The company highlighted on Monday that participating dealers are certified to provide […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Emma Weisberg, who is chief marketing officer at EBlock. What is the top trend you’re watching in remarketing/wholesale automotive this year? The blending of […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Melissa Miller, marketing director at America’s Auto Auction. What is the top trend you’re watching in remarketing/wholesale automotive this year? I believe the trends […] [Read More]

Comerica Bank pointed out that first-quarter consumer spending — which accounts for two-thirds of the U.S. economy — generated its most robust gain since the second quarter of 2021. However, more than three in 10 consumers are experiencing credit insecurity, according to a study by Sezzle conducted in partnership with PYMNTS. In a project that […] [Read More]

Artificial intelligence has the attention of the Consumer Financial Protection Bureau along with three other federal regulatory agencies. Last week, the CFPB, together with the Civil Rights Division of the Department of Justice, the Federal Trade Commission, and the U.S. Equal Employment Opportunity Commission released a joint statement outlining a commitment to enforce their respective […] [Read More]

International Automotive Remarketers Alliance executive director Tony Long will step down from his position leading IARA on Friday, the organization said Monday. Long has been the IARA executive director for close to a decade. The IARA’s executive committee is starting its process to determine a successor. The organization said IARA’s Nikki Jones-Wenger will continue to […] [Read More]

To begin this news roundup from the wholesale market, IAA Holdings, a Ritchie Bros. Auctioneers company, announced on Thursday that it has made strategic real estate investments in New York, Indiana, Connecticut and Delaware. The company highlighted that two of its branches — IAA Staten Island in New York and IAA Fort Wayne in Indiana […] [Read More]