As an added benefit for Cherokee Media Group Premium Members, we are offering special episodes of the Auto Remarketing Podcasts featuring general sessions from this year’s Auto Intel Summit. Our first special episode features a trio of top industry leaders answering the question, “what’s next?” The panel includes Chip Perry of A2Z Sync, Alex Snyder […] [Read More]

In recent days, Carvana has shared details on how it plans to finance its proposed $2.2 billion acquisition of ADESA’s U.S. auction business from KAR Global, a deal first announced in February that is expected to close in May. The online retailer is offering $2.275 billion in senior unsecured notes due 2030 and $1 billion […] [Read More]

For dealerships that have a commercial department, an ecommerce vehicle graphics platform is rolling out products to help those stores cater to business customers with customized products retailed at the time the truck or van rolls over the curb. Last week, Wrapmate released a new custom product offering specifically for commercial vehicle dealerships; an end-to-end […] [Read More]

Hertz is charging up its systems to handle a growing number of electric vehicles in its rental fleet by going to the cloud. On Monday, Hertz announced a collaboration with Amazon Web Services (AWS) to modernize and digitize the Hertz customer experience and key components of its new mobility platform, including enhanced data analytics and […] [Read More]

In what we’re proud to call an annual tradition, Cherokee Media Group’s Women in Remarketing program, sponsored by Ally, has evolved into a celebrated franchise of Auto Remarketing and a key pillar of the National Remarketing Conference and Used Car Week. For more than a decade, Women in Remarketing has recognized excellence among the leaders of the […] [Read More]

The potential customer cultivating that DrivenIQ did during NADA Show 2022 in Las Vegas is starting to reap a notable harvest. The technology company that looks to help businesses best advertise to their ideal customers recently announced that more than 250 dealers have signed on to the company’s new DriveBid platform, powered by Black Book. […] [Read More]

Last week, SALT and Cion Digital announced a strategic partnership to bring SALT’s crypto financing solutions to more than 5,000 auto dealerships in the U.S. The development marks the launch of SALT’s Embedded Crypto Lending Service, which will enable financial service providers and fintech platforms to rapidly deploy crypto financing solutions. Having launched in 2016, […] [Read More]

Earlier this year, Digital Asset Investment Management (DAIM) and Marino Performance Motors (MPM) highlighted how they’ve been seeing a notable increase in customers wanting to transact in digital assets. Last week, the Jeff Wyler Automotive Family completed its first vehicle sale transaction using cryptocurrency. The transaction took place at its Mercedes-Benz of Fort Mitchell dealership, […] [Read More]

Protective Asset Protection announced just about a month ago that it was set to acquire AUL Corp. to create a conglomerate used by thousands of auto dealers. On Monday, the provider of F&I programs and services signed a national agreement with RumbleOn, a technology-based omnichannel powersports platform. As part of the deal, Protective Asset Protection […] [Read More]

During the past six months, McGlinchey’s consumer financial services compliance team has added eight new attorneys (including two members) in five offices, including Albany, N.Y., Cleveland, Houston, New Orleans and Washington, D.C. According to separate announcements, the newest additions are Amy Greenwood-Field, who has joined the firm as a member (partner) in the Washington, D.C. […] [Read More]