With more than 40 years of company tenure between them, Manheim announced the appointment of three new general managers who each have deep experience serving their clients, team members and communities. The trio tapped for these auction leadership positions during the first quarter included DiAngelo Brooks, David Carlucci and Charlie Clarke. The company said Brooks […] [Read More]

Sonic Automotive said Tuesday it has opened a delivery center in the Tri-Cities region of Northeast Tennessee and Southwest Virginia for its EchoPark Automotive used-car program. EchoPark’s Johnson City Delivery Center is its fourth location in Tennessee and 36th overall location. EchoPark’s other Volunteer State locations are in Nashville, Knoxville and Chattanooga. “With the opening […] [Read More]

Beginning Cherokee Media Group’s collection of episodes recorded in Las Vegas, Experian senior director of dealer intelligence Amy Hughes returned to the Auto Remarketing Podcast. Hughes shared details of her presentation at NADA Show 2022 about how Gen Z vehicle buyers behave and what this youngest demographic of consumers wants from the ownership experience. To listen to […] [Read More]

Well, how about this development to show again how resilient and unique auto financing is? Auto defaults moved counter to most of the other metrics S&P Dow Jones Indices and Experian released on Tuesday. According to the data through February for the S&P/Experian Consumer Credit Default Indices, the rise in auto defaults stopped at seven […] [Read More]

Despite February being the shortest month on the calendar, Epiq and the American Bankruptcy Institute (ABI) spotted a sequential rise in total filings during the month. [Read More]

Three respective associations representing Canada’s new-car dealers, Big 3 automakers and international automakers are banding together to end vehicle emissions by 2035. Last week, the Canadian Automobile Dealers Association, the Canadian Vehicle Manufacturers' Association and Global Automakers of Canada announced the launch of the “Road to 2035,” an initiative designed to educate Canadians on what […] [Read More]

The 7 millionth Toyota certified pre-owned vehicle to be retailed through the automaker’s program recently rolled over the curb at Holman Toyota in Mount Laurel Township, N.J. Toyota said on Monday that the vehicle marking this milestone for the CPO program that launched in 1996 was a 2019 Toyota Camry acquired by Wayne Maver Jr., […] [Read More]

Electric vehicles were discussed so much at NADA Show 2022, a portion of the shiny, new Las Vegas Convention Center was rebranded as Electric Avenue. As franchised dealers and their association learned more about the availability of and best practices for retailing EVs, the National Automobile Dealers Association also honored one of its own as the […] [Read More]

On Thursday afternoon, a presentation at the National Auto Auction Association’s Total Access event delved into what the future could look like for automotive, particularly around microchips and electric vehicles. But earlier that day, the association took time to honor three of the most influential leaders in the auction industry’s recent history. Sandy Schwartz, the […] [Read More]

Tanya Stevenson spent more than 16 years at Portfolio. Stevenson now is bringing her experience and expertise to another F&I service provider. Last week, National Auto Care announced the addition of Stevenson, who joined the company as director of sales operations. In this role, the company said Stevenson will report to NAC chief integration officer […] [Read More]