Former KAR Global executive and TradeRev president Becca Polak has joined CarLotz as its first chief commercial officer and general counsel. Polak joins the senior management team at CarLotz, which recently announced plans to go public through a merger with special purpose acquisition company Acamar Partners Acquisition Corp.  She reports to co-founder and chief executive […] [Read More]

Stating it will provide visitors a safe, innovative and eco-friendly transportation alternative, autonomous mobility-as-a-service provider, Beep, will deploy what it says are the first autonomous shuttles at Yellowstone National Park with the National Parks Service. The pilot deployment program, which will take place in May, will test multi-passenger, electric automated vehicle platforms. To plan, deploy […] [Read More]

Whether they are talking automotive or otherwise, this surely is a question many people are asking: What is going to happen in 2021?  A presentation at Used Car Week, which begins Monday, aims at answering that question — at least when it comes to new- and used-vehicle sales.  Used Car Week kicks off  with Auto Fin Con and […] [Read More]

Military AutoSource, a vehicle buying program exclusively for the U.S. military community serving overseas, has chosen Digital Air Strike as the official Google My Business and reputation management partner for Military AutoSource’s 77 locations in 22 countries. Digital Air Strike said it was selected because of its expertise in monitoring, improving and managing businesses’ online […] [Read More]

V.I.P. Auctions said on Tuesday that with its new camera-based artificial-intelligence technology, it will be one of the first vehicle auction companies to use automated vehicle-inspection systems to evaluate tires and underbody components for used-vehicle inspection. The company, which is located near Atlanta and serves Southeastern franchised dealerships, commercial fleets and lending institutions, said the […] [Read More]

Lithia Motors & Driveway has bulked up its presence in LA and the Southwest. The company said in an announcement Tuesday that it has purchased nine stores from Keyes Automotive Group, an acquisition that “rounds out” the retailer’s Southern California footprint and expands it to Phoenix. According to a separate news release from Kerrigan Advisors, […] [Read More]

Joe Biden’s victory likely will usher in a new era of consumer protection and compliance challenges for auto dealers.  Four out of the five Federal Trade Commission (FTC) Commissioners will have their terms expire during the Biden Administration.  President-Elect Biden will have the power to replace the head of the Consumer Financial Protection Bureau. The […] [Read More]

Used Car Week begins in less than a week. And yes, being that it is a digital event this year, it will look different — much like any conference or event, automotive or otherwise, in this topsy-turvy 2020. But the mission of Used Car Week — that of uniting the industry and providing insights/analysis, networking opportunities […] [Read More]

The all-digital Used Car Week kicks off in less than a week, and one of the auto industry's top economists will be among those sharing insights.  The event begins with Auto Fin Con and the National Auto Finance Association’s Annual Non-Prime Auto Financing Conference, which will run concurrently the week of Nov. 16-20. On Wednesday of […] [Read More]

Used-vehicle sales last month fell 5% from October 2019, Cox Automotive estimated in analysis around its latest Manheim Used Vehicle Value Index, which was released Friday. The company pegged the seasonally adjusted annualized rate for used-car sales to be 37.5 million for October, versus 39 million in September and 39.6 million in October 2019. In […] [Read More]