Technology
COMMENTARY: Navigating the depths & impact of underwater trades on used-car market
Friday, Apr. 5, 2024, 10:17 AM
Jim O'Brien, RAVIN AI
In an era where economic indicators interlace with consumer behavior to dictate market dynamics, the automotive industry, particularly the used-car segment, finds itself at a crossroads. One of the less discussed, yet increasingly prevalent phenomena within this sector is the rise of underwater trades — situations where the amount owed on a car loan surpasses […] [Read More]
PODCAST: Inside the used-vehicle import-export market
Wednesday, Apr. 3, 2024, 02:56 PM
Auto Remarketing Staff
In this episode of the Auto Remarketing Podcast, Signal Technologies chairman and CEO Steve Jillings and chief commercial officer Tyler Hall sit down with Cherokee Media Group senior editor Joe Overby at NADA Show 2024 in Las Vegas. Signal specializes in the Canada-to-U.S. used-vehicle market, so the conversation delves into important reminders for dealers importing […] [Read More]
AutoWeb ‘relaunches’ UsedCars.com
Tuesday, Apr. 2, 2024, 04:14 PM
Auto Remarketing Staff
UsedCars.com is getting a new start. AutoWeb Inc., a service for connecting automotive buyers and sellers, announced the “relaunch” of UsedCars.com, a site dedicated to helping consumers and dealerships navigate the used-car market. In a news release, the company said the update continues its legacy automotive audience acquisition and lead generation, and a step toward […] [Read More]
Auto repair software firm Vehlo makes big changes at the top
Tuesday, Apr. 2, 2024, 01:19 PM
Auto Remarketing Staff
Vehlo is making changes at the top of its organizational chart. The provider of software and financial technology for the auto repair industry has named Josh Weis as its new CEO. He succeeds Michelle Fischer, who is transitioning to a role as chairwoman of the company’s board of directors after four years as chief executive. […] [Read More]
PODCAST: DAS co-founder & CEO Alexi Venneri from NADA Show
Monday, Apr. 1, 2024, 01:28 PM
Auto Remarketing Staff
DAS Technology CEO & co-founder Alexi Venneri joins the Auto Remarketing Podcast from NADA Show 2024 in Las Vegas, where she talks with Cherokee Media Group senior editor Joe Overby about helping dealers navigate the customer experience, digital retail myths, the company’s latest study and much more. Listen to the conversation in the window below […] [Read More]
Cox Automotive launches tool to check batteries of EVs running at Manheim
Wednesday, Mar. 27, 2024, 03:18 PM
Auto Remarketing Staff
Cox Automotive wants dealers to have confidence in the battery health of the electric vehicle they acquire through Manheim. So, on Wednesday the company launched a solution that will measure the EV battery health for each specific VIN across Manheim. In addition, Cox Automotive said it is expanding LotVision’s capabilities of reporting battery health for […] [Read More]
CDK creates new path connecting OEM websites to dealerships
Tuesday, Mar. 26, 2024, 03:51 PM
Auto Remarketing Staff
CDK wants to make consumer journeys from an automaker’s website to a local franchised dealership for car buying and servicing to be as smooth as possible. And with a new initiative introduced at the J.D. Power Auto Forum in New York on Tuesday, CDK thinks it’s accomplished just that with the Automotive Commerce Collab. CDK […] [Read More]
CarSaver adds ex-AutoNation executive to help accelerate industry’s digital shift
Friday, Mar. 22, 2024, 10:53 AM
Auto Remarketing Staff
CarSaver, an automotive adaptive retail platform and marketplace, has added former AutoNation executive Addison Verklas as vice president of product, dealer solutions and system integrations. Addison previously served as AutoNation’s director of product management, leading the auto retail giant’s strategic systems. CarSaver said with that experience, along with his “deep passion for product strategy,” Verklas […] [Read More]
PODCAST: CarNow CEO Kayne Grau
Friday, Mar. 15, 2024, 12:38 PM
Auto Remarketing Staff
Almost seven years ago to the day (March 16, 2017), Cherokee Media Group’s Joe Overby was in Chicago to record what would end up being the first-ever episode of the Auto Remarketing Podcast. The guests? Kayne Grau, the co-founder and then-CEO of DRIVIN, and his colleagues John Manganaro and Justin Mahlik. A few trips around […] [Read More]
Reynolds and Reynolds executive elected to board of IT standards organization
Friday, Mar. 15, 2024, 12:31 PM
Auto Remarketing Staff
A Reynolds and Reynolds executive has been elected to a prestigious position. Director of industry relations Shawn Leibold was selected in a special election to fill a vacant seat on the board of directors of automotive information technology standards organization Standards for Technology in Automotive Retail. Leibold had previously been a STAR board member, and […] [Read More]