AutoAlert has named former incadea chief executive Allan Stejskal to serve as its new CEO, replacing Mike Dullea. His background also includes time at AutoNation, where he was senior vice president and chief information officer, as well as time as vice president/general manager of the DMS, sales and F&I solutions segments at Dealertrack. “Allan is […] [Read More]

Alex Fraser, a well-respected auto industry veteran, once said “never bet against a car dealer” during a NADA panel Q&A. He humbly gave credit for the quote to his friend, Todd August. It appears both gentlemen may have just been validated.  Analysts have recently issued investment advice that would be unthinkable just a few months […] [Read More]

In March of this year, I wrote a piece on “Eight Reasons for Pre-Owned Optimism.” It was a sparsely shared sentiment at the time and admittedly, my finger was twitching before I hit send. I knew if I was wrong it would be in print forever, but I felt I had to give my “glass-half-full” […] [Read More]

The coronavirus outbreak will finally accelerate the growth of online purchases within the automotive industry. Today, the march to digital is still taking place at a surprisingly restrained rate. Over the last few weeks, I’ve spoken with 50 car dealerships and only three felt that their digital efforts were meaningfully driving online sales results. The […] [Read More]

In this episode, Cherokee Media Group president Bill Zadeits chats with the leadership of the National Auto Auction Association. More specifically, 2020 NAAA president Laura Taylor and 2021 NAAA president Julie Picard. To listen to this episode, click on the link available below, or visit the Auto Remarketing Podcast page.  Download and subscribe to the Auto Remarketing Podcast on iTunes or […] [Read More]

An Illinois franchised dealership is facing actions from the state attorney general for allegedly engaging in unfair and deceptive advertising and business practices Illinois attorney general Kwame Raoul filed a lawsuit this week against Skokie Motor Sales, which operates as Sherman Dodge. Raoul said Sherman Dodge’s advertisements allegedly violated motor vehicle advertising regulations relating to […] [Read More]

While some industry metrics are moving more significantly, Swapalease.com is seeing only modest changes in approval rates for consumers using its site to secure a short-term transportation solution. Site officials reported earlier this week that lease credit applicants registered a 65.1% approval rate in July, a slight decline from the June rate of 67.1%. Swapalease noticed […] [Read More]

Protective Asset Protection made another move this week aimed at helping dealerships during COVID-19. After rolling out online training this spring, the provider of F&I programs, services and dealer owned warranty company programs announced an update to its retrospective (retro) programs that are designed to assist local dealerships meet the needs of their communities and […] [Read More]

One of the fast ways for possible deliveries to go sideways is the potential buyer not having the credit background needed for the necessary financing. ShopSmartAutos.com’s integration with Dealertrack is meant to head off that possible pitfall as the fruit of their new relationship finalized this week is the possibility for consumers to submit an online […] [Read More]

RAVIN.AI, a developer of vehicle inspection technologies, recently announced an investment round led by Fraser McCombs Capital, while also bringing on auto  industry executive Jim O’Brien as its Americas general manager. The company said in a news release it plans on using the funding round for North American growth and to further develop its platform. […] [Read More]