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PODCAST: Women in Retail honorees on success strategies & more
Monday, Feb. 10, 2025, 04:03 PM
Auto Remarketing Staff
Next up on our series of Auto Remarketing Podcast episodes from Used Car Week 2024 in Scottsdale, Ariz., is a panel discussion featuring Cherokee Media Group’s 2024 Women in Retail honorees, who share their career journeys, success strategies and more. Listen to the conversation in the window below and stay tuned for more from Used […] [Read More]
PODCAST: Consignors dig deep on wholesale car market dynamics
Monday, Feb. 10, 2025, 03:35 PM
Auto Remarketing Staff
Next up on our Auto Remarketing Podcast series from Used Car Week 2024 is the “Consignor Conversation” panel featuring leaders from the OEM, rental car and bank/lender segments of the wholesale auto industry. Moderated by Joe Overby of Cherokee Media Group, the panel included: Basem Tartir, Mazda North American Operations Nate Lattimer, Enterprise Holdings Jeff […] [Read More]
Self Inspection gets $3 million in seed funding for AI-driven inspection platform
Monday, Feb. 10, 2025, 03:23 PM
Auto Remarketing Staff
Self Inspection, developer of an artificial intelligence-powered vehicle inspection platform, has closed a $3 million seed round co-led by Costanoa Ventures and DVx Ventures, with participation from auto finance company Westlake Financial. The platform is designed to provide standardized condition reports in minutes with increased accuracy. “Vehicle inspections are expensive, can take weeks to complete […] [Read More]
Analysts gauge the state of wholesale vehicle prices one month into 2025
Monday, Feb. 10, 2025, 02:41 PM
Auto Remarketing Staff
The year started off with expectations there might be a return to normal in the used-car market. Well, that doesn’t exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted “uncertainty” and surprises in the market to begin the year. At Black Book, the Used […] [Read More]
Dealer news: Car Pros store No. 1 in Kia sales; #1 Cochran adds Ohio locations
Monday, Feb. 10, 2025, 02:08 PM
Auto Remarketing Staff
Car Pros Kia Glendale reached the top of the heap — again — leading strong sales performances by the dealership group’s Southern California stores in 2024. Car Pros Automotive Group announced its Glendale location ranked first nationally in new Kia retail sales, its fifth consecutive No. 1 ranking. In addition, MINI of Downtown Los Angeles, […] [Read More]
Hall of Famers’ bet puts Shaq’s ‘Dunkman’ on Jimmie Johnson’s Daytona car
Monday, Feb. 10, 2025, 02:07 PM
Auto Remarketing Staff
A bet between a couple of Hall of Famers will put Shaquille O’Neal on the track at Daytona International Speedway. Well, his image, at least. When the former NBA star and current basketball commentator ended his playful war of words with seven-time NASCAR Cup Series champion Jimmie Johnson last week by winning a free throw-shooting […] [Read More]
CarMax to hold in-person hiring events for techs, service department staff
Friday, Feb. 7, 2025, 04:18 PM
Auto Remarketing Staff
CarMax is going all out to find auto technicians and other service department staff. The national used-car retailer announced it will hold in-person hiring events for automotive technicians and service professionals in 12 cities across the country from 10 a.m. to 7 p.m. on Feb. 20. Candidates will be interviewed for various positions, including technicians, […] [Read More]
Cox debuts certification program to help its auctions handle used EVs
Friday, Feb. 7, 2025, 03:36 PM
Auto Remarketing Staff
Cox Automotive is launching a certification program designed to help its Manheim auction locations safely and effectively handle used electric vehicles. The Manheim Location EV Certification Program, developed and administered by Cox Automotive’s EV Battery Solutions team, offers three levels of certification. The base level focuses on foundational practices such as battery health monitoring, safe […] [Read More]
Group 1 working through challenges of integrating its new UK stores
Friday, Feb. 7, 2025, 02:10 PM
Andrew Friedlander, Associate Editor
In 2024, Group 1 Automotive went big into Britain, acquiring 59 dealerships — 54 of them in one mega-transaction — to more than double its U.K. presence.
Now comes the hard part: integrating all those new stores into the company’s existing structure.
Since the $439 million purchase of Inchcape Retail’s 54 locations in England and Wales closed Aug. 1, getting them on the same page as the 55 dealerships Group 1 previously owned in the U.K. has been ... [Read More]
Analysts weigh scenarios for potential auto industry fallout from Trump’s tariffs
Friday, Feb. 7, 2025, 12:30 PM
Joe Overby, Senior Editor
The Toyota RAV4. Honda Civic. Honda CR-V. Toyota RAV4 Hybrid. Chevrolet Silverado 2500HD. Lexus RX. Ford Edge. Chevrolet Silverado 1500. What do these vehicles have in common, other than being popular rides? They were the top-selling Canadian-built vehicles in the U.S. during 2024, according to CarGurus. Likewise, the Toyota Tacoma, Chevrolet Equinox, Honda HR-V, Silverado […] [Read More]
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