PureCars, which provides digital marketing technology and services for the auto industry, has a new CEO. Promoted to the role is Lauren Donalson, who was most recently the company’s president. Aaron Sheeks, previously the CEO, has left the company to pursue other interests. PureCars has also hired Jason Wiley as president. Donalson joined PureCars in […] [Read More]

Carvana is a huge operation, a used-car retail giant. So how can Carvana be bigger? How about adding the towering Shaquille O’Neal — all 7-foot-1, 300-plus pounds of him? Carvana announced an integrated brand partnership with O’Neal, a basketball Hall of Famer, broadcaster and entrepreneur, that has debuted with “the world’s first AI-powered Shaqbot.” The […] [Read More]

Experian’s Melinda Zabritski recently shared data and insight about the current auto refinancing market and how much it has expanded in the past year. And one of the participants in that segment — Caribou — reinforced its executive team on Monday to position itself for more growth. The auto refinance platform announced Akshatt Thanawala has […] [Read More]

Subprime auto financing is getting much more complex, from underwriting to securitizations. Likely connected with fallout from last week’s Tricolor Holdings’ Chapter 7 bankruptcy, Credit Acceptance filed a Form 8-K with the Securities and Exchange Commission on Monday morning, addressing what it called, “select inquiries” it had received through Friday. First, Credit Acceptance responded to […] [Read More]

National Drive Electric Month is underway. The annual campaign to increase education and awareness about electric vehicles began Friday and runs through Oct. 12, with events planned in 41 states featuring EV test drives, vehicle showcases, informative workshops and other activities designed to illustrate the benefits of switching to an electric vehicle. “NDEM events are […] [Read More]

Even though used-car retail prices moved 6.5% higher in August versus the beginning of the year, CarGurus noticed demand for used vehicles remained strong last month. Those findings are two of the primary ones from the used market contained in CarGurus’ August 2025 Intelligence Report. CarGurus indicated time on the lot fell to a three-year […] [Read More]

Lendbuzz is going public. The financial technology company that utilizes artificial intelligence and machine learning algorithms to better assess consumer credit risk and expand access to credit when purchasing a vehicle, announced on Friday that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed […] [Read More]

Auction Academy’s support from the auto remarketing industry continues to grow. TPC Management Company’s executive development program announced three additions to its network of 22 industry sponsors: AuctionNet, a provider of wholesale used vehicle remarketing data backed by the National Auto Auction Association’s 265 member auctions; transportation logistics company RunBuggy; and Pinnacle Remarketing Powered by […] [Read More]

Matt Leone has a vision for what DriveCentric will be — and it’s not just a CRM. The company’s new CEO announced a shift in its direction during a briefing with industry analysts, from a standalone CRM system to a “flexible platform designed to manage the entire dealership customer lifecycle,” DriveCentric said in a news […] [Read More]

The Clone Wars aren’t just in a galaxy far, far away. They’re right here on the roads in Canada. Cloned VINs are fact, not science fiction. According to data from Carfax Canada, VIN cloning — a type of auto fraud in which criminals copy legitimate vehicle identification numbers onto stolen vehicles — affects more than […] [Read More]