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NADA Show preview: Behind the curtain of the biggest show in automotive
Monday, Jan. 13, 2025, 10:08 AM
Andrew Friedlander, Associate Editor
With NADA Show 2025 quickly approaching, the National Automobile Dealers Association is already planning for the future, working on determining the site for the big event … in 2041. “I actually have dates on hold for 2041 that I’m getting ready to lock in,” said NADA senior vice president of meetings, conventions and expositions Melissa […] [Read More]
Tekion’s Kang first to join DCG’s new advisory board
Friday, Jan. 10, 2025, 04:39 PM
Auto Remarketing Staff
Tekion executive George Kang been named the first member of The Dave Cantin Group’s newly launched advisory board, the dealership merger and acquisition advisory company announced. DCG said the board will be comprised of automotive experts to help drive the company’s next phase of growth and support new company initiatives. Kang, executive vice president of […] [Read More]
Auction sales increase for second straight year, but gains may be short-lived
Friday, Jan. 10, 2025, 04:13 PM
Joe Overby, Senior Editor
After reaching a “post-pandemic nadir,” wholesale auction sales climbed for the second straight year, jumping nearly 10% in 2024. But with a staggering drop in lease maturities on the horizon, sales are likely to remain static in 2025 before moving up a bit in 2026. That’s according to the latest AuctionNet data and accompanying commentary […] [Read More]
Deloitte survey shows hybrids poised to pounce on ‘EV inertia’
Friday, Jan. 10, 2025, 04:02 PM
Auto Remarketing Staff
U.S. consumers seeking a more fuel-efficient and cost-effective alternative to traditional gas-powered cars are now looking at hybrids rather than battery electric vehicles, according to a new study by Deloitte. The accounting/consulting firm’s 2025 Global Automotive Consumer Study found American consumer intent to purchase a hybrid or plug-in hybrid for their next vehicle rose 5 […] [Read More]
SIXT USA sets up in the Big Easy
Friday, Jan. 10, 2025, 02:50 PM
Auto Remarketing Staff
Just in time for the upcoming Super Bowl in the Big Easy — and NADA Show 2025, for that matter — SIXT USA on Friday announced the opening of its newest U.S. location at Louis Armstrong New Orleans International Airport (MSY). According to a news release, the opening marks SIXT’s first branch in Louisiana and […] [Read More]
Cherokee Media Group to debut Automotive Intelligence Awards at AIS
Friday, Jan. 10, 2025, 01:54 PM
Auto Remarketing Staff
At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards, which expands the program previously known as the Emerging 8. This expanded program will feature analysts, researchers, and leaders who are advancing business intelligence for the automotive industry as well as emerging companies and entrepreneurs charging forward to […] [Read More]
Glenview Finance lands new VP, relationship with RouteOne
Friday, Jan. 10, 2025, 11:00 AM
SubPrime Auto Finance News Staff
Glenview Finance made a couple of moves this week to reinforce its market position; one associated with personnel and the other with technology. Along with bringing aboard a new vice president of business development who previously spent nine years with Wells Fargo, Glenview Finance said its Credit Builder Program is now accessible on the RouteOne […] [Read More]
Vitu finalizes acquisition of Dealertrack registration & titling businesses from Cox Automotive
Friday, Jan. 10, 2025, 10:59 AM
SubPrime Auto Finance News Staff
Vitu, a leading innovator in vehicle-to-government (V2Gov) technology, announced this week that it has successfully closed on its acquisition of the Dealertrack registration and titling businesses from Cox Automotive. Through a development first revealed just before Thanksgiving, the acquired businesses include RTS (Registration and Titling Solutions), RegUSA (Nationwide Title and Registration), Accelerated Title, and CMS […] [Read More]
Reynolds, UVeye partner to integrate service department inspections
Thursday, Jan. 9, 2025, 04:23 PM
Auto Remarketing Staff
Reynolds and Reynolds and UVeye are getting together to increase transparency in dealership service departments. The companies are partnering to integrate their technology, allowing service advisors at dealerships using a Reynolds Retail Management System and equipped with UVeye’s AI-powered vehicle inspection technology to approach guests with actionable information. “The ability to provide customers with a […] [Read More]
Auction news: Revamped NAAA safety program goes live; DAA adds new sales VP
Thursday, Jan. 9, 2025, 02:54 PM
Auto Remarketing Staff
The National Auto Auction Association’s newest safety training program is up and running. NAAA announced its revamped NAAA Safety Training is now available, with 10 new live-action video courses replacing the previous animated video courses. That includes a “Driver & Lot Safety” course tailored for drivers. In addition to those 10 videos, NAAA has launched […] [Read More]
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