Continuing what it describes as a rapid expansion, CarLotz said it will soon open its first California hub. The move will be CarLotz’s first expansion into California, which CarLotz co-founder and chief executive officer Michael Bor described as “one of the nation’s most diverse, inclusive and dynamic states.” CarLotz, a consignment-to-retail used vehicle marketplace, said it […] [Read More]

Zipcar is adding nearly 50 Zipcar vehicles to designated on-street parking spots across the City of Brotherly Love, as it builds on its partnership with the City of Philadelphia and the Philadelphia Parking Authority. This expansion supports the goals of the new Philadelphia Transit Plan, which include reducing reliance on personal vehicles and increasing access […] [Read More]

ACERTUS appointed Jen Cole and Eash Sundaram to its board of directors, with the company’s chief executive officer saying they bring extensive technology, automotive, logistics and supply chain experience. The addition of Cole and Sundaram to its board can help ACERTUS expand technology and e-commerce services driving its marketplace strategy, said the company, which is […] [Read More]

Quantum5, a company that provides a "social advocacy learning platform" to provide training on the people skills and behavioral strategies that the digital environment demands, said Monday it has hired fixed ops specialist Dave Foy and is acquiring his Fixed Ops Mastermind and Vision and Values Coaching brands. Foy’s 30-plus years in the industry includes time […] [Read More]

In a key complement to our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing is proud to celebrate our third annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we specifically recognize leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. The honorees for 2021, listed […] [Read More]

America’s Auto Auction has named Angela Yarborough as assistant general manager at its Houston auction facility, noting her more than 30 years of industry experience. Yarborough’s auction career began in 1989 when Rawls Auto Auction hired her as a block clerk. She went on to work at Rawls for almost three decades. Auction general manager Ben […] [Read More]

You don't have to be Phil Dunphy to know that in the world of real estate, they would call this a “seller’s market.” Supply is tight, prices are at record highs and inventory is turning. After reaching an all-time high last month, Cox Automotive’s measure of wholesale vehicle prices has continued to show steep gains […] [Read More]

Auto dealers should consider letting sunlight power their location. They can install photovoltaic solar systems that can benefit the environment and also save money. That is one tip that Manheim is sharing for dealers to increase their green efforts in celebration of Earth Day earlier this week. Manheim is also taking on new sustainability initiatives […] [Read More]

The pandemic put the kibosh on any in-person festivities AUL Corp. had planned a year ago to celebrate its 30th anniversary. But the full-service F&I provider certainly is pretty jovial since the company still had reasons to revel thanks to a record-setting year that has continued in 2021. “This sales momentum has continued into 2021, […] [Read More]

Portfolio’s newest board member certainly has significant familiarity with how the F&I industry functions. The company announced this week that Kelly Price has been appointed executive vice president of strategic ventures and has joined the company’s board of directors. Price is the founder of National Automotive Experts and NWAN, a Strongsville, Ohio-based reinsurance and F&I […] [Read More]