AutoNation increased its used-vehicle sales by more than 32% in the first half of the year and pulled in nearly 22% higher gross profits on those cars, according to quarterly earnings from the dealer group released Monday. [Read More]

Video can be a powerful tool to help your dealership answer questions from potential vehicle buyers and service drive customers. Based on that premise, Covideo, an Indianapolis-based video messaging software company, has partnered with automotive CRM Elead to launch an integration that allows shared users to record, send and track videos within the CRM. According […] [Read More]

Two service providers your store might already use now are working together, so potential buyers know as much information as possible about your used-vehicle inventory. On Monday, Rapid Recon and iPacket, providers of digital reconditioning and digital selling solutions, announced the launch of the Rapid Recon Digital Vehicle Portfolio powered by iPacket. “The addition of […] [Read More]

Credit Union Leasing of America (CULA) is on quite a roll after posting its ninth consecutive month of record lease originations in June. After booking $150 million in lease originations in a single month for the first time in October, CULA said it surpassed $200 million in lease originations in a single month for the […] [Read More]

One of the reasons why Cherokee Media Group expanded Used Car Week to include the National Auto Venture & Investors Conference (NAVIcon) is a development like what surfaced on Monday involving a past Emerging 8 honoree. Lightico — whose next-generation digital completion platform is used by major companies in the insurance, automotive, telecom and financial […] [Read More]

National Auto Care (NAC) made four agency acquisitions last year, and the F&I provider wants to be in a position to finalize even more this year. With M&A growth in mind, NAC on Monday announced the addition of Walter Hoffman, who joins the company as director of corporate development. In this role, the company said […] [Read More]

The National Auto Auction Association has a new chief executive officer. Replacing Frank Hackett, who is retiring from the position after 17 years as CEO, is Tricia Heon, who was previously NAAA’s chief operating officer. Heon will be the first woman CEO in NAAA’s 73-year history. “This marks a milestone for NAAA and for the […] [Read More]

Investors have a renewed interest in the automotive technology space, and as a result, the industry is experiencing a record amount of investment activity.  At this year’s Used Car Week in November, we are excited to announce the launch of the National Auto Venture & Investors Conference (NAVIcon). Teaming with Steve Greenfield, the founder of […] [Read More]

Cherokee Media Group president Bill Zadeits connects with Paul Seger, who is the current president of the International Automotive Remarketers Alliance. Paul provides a preview of the IARA Summer Roundtable, celebrating its 20th Anniversary next month at the San Antonio Marriott Riverwalk. He also provides some insights on the wholesale market. To listen to this […] [Read More]

The September edition of Auto Remarketing will celebrate the National Auto Auction Association, the auto auction industry at large and NAAA's annual convention. One of the features in this special issue is the annual “Auction Life” photo spread, where we invite NAAA-member auctions to submit photos of daily auction life from the past year. If you and your […] [Read More]