Both Black Book and Manheim so far this week shared their observations about the notable and somewhat sustained softening wholesale used-vehicle prices are making. Their contemporaries from Kelley Blue Book and TrueCar are noticing similar movements involving new models. New-vehicle average transaction prices (ATPs) decreased to $46,404 in January, according to new data released on […] [Read More]

The National Science Foundation (NSF) is looking to help both the private sector companies as well as federal government agencies land highly trained experts who can fill the growing need for a highly skilled national cybersecurity workforce capable of responding to rapidly evolving challenges in the age of artificial intelligence . As part of its […] [Read More]

Tricolor now has quite an accolade on its digital mantle. The company announced on Wednesday that it has been named the LendIt Fintech Industry Award winner for Excellence in Financial Inclusion. Tricolor highlighted that it was honored for its use of advanced technology as the core of a purpose-driven model that significantly and measurably improves […] [Read More]

McGlinchey Stafford recently announced the addition of three new members of the firm, all of whom were formerly of counsel at the firm. The three new members include: • Mikelle Bliss (commercial litigation, New York) • Lynette Hotchkiss (consumer financial services compliance, Nashville, Tenn.) • Michael Odom (real estate, Birmingham, Ala.) According to a news release, […] [Read More]

Carleton recently welcomed a new executive who possesses vast experience with multiple automakers. The provider of accurate and compliant lending calculations and document generation solutions announced the addition of Mark Futa as vice president of sales and marketing to be responsible for the leadership of the Carleton sales team and developing new business opportunities. Futa […] [Read More]

Alex Vetter and the team at CARS believe that “technology’s the great equalizer.”  And that’s at the core of their goals for the planned acquisition of the Accu-Trade group, as Cars.com looks to “give technology back to the local dealership” through more efficient ways to source used-car inventory. In this case, those avenues would be […] [Read More]

Much of the national automotive conversation of late has involved automakers’ plans for electric vehicles, including the advertising lineup in store for Super Bowl LVI. But two separate announcements coming out of the Raleigh, N.C., area this week exemplify the boots-on-the-ground and diverse array of moving parts involved in making widespread EV adoption a reality. […] [Read More]

Black Book spotted widespread wholesale value declines happening last week, as analysts also noticed one particular circumstance that they called a “good sign” for the spring market. According to Black Book’s latest installment of Market Insights, overall wholesale prices dipped 0.49% during the span that wrapped up on Saturday. That’s after a week when values […] [Read More]

While Kenny Atcheson has written books and been a regular contributor to BHPH Report, the founder and president of Dealer Profit Pros is back for another appearance on the Auto Remarketing Podcast to discuss the potential benefits of using video. Although that previous sentence contained a lot of different media paths, Atcheson explained how video, […] [Read More]

Vroom is back. Carvana is joining the fun. Automakers are going full throttle, so to speak, with electric vehicles. Super Bowl Sunday will have a lot of action beyond the field and much-anticipated halftime show. Lauren Donalson of PureCars joins the Auto Remarketing Podcast to talk about the automotive ad landscape for Super Bowl XLI, […] [Read More]