Alt-fuel vehicles don't necessarily have to break the bank
Wednesday, May. 1, 2024, 04:57 PM
Dealer news: Group 1 upsizes credit facility; Don Jacobs adds Acura store
Wednesday, May. 1, 2024, 04:42 PM
COMMENTARY: The jury is out, so how many dealers are utilizing AI?
Wednesday, May. 1, 2024, 02:38 PM
Retail
Rivian gets $827M from Illinois to prepare plant for production of new R2 SUV
Friday, May. 3, 2024, 12:50 PM
Auto Remarketing Staff
Electric vehicle manufacturer Rivian Automotive has received an $827 million incentive package from the Illinois Department of Commerce and Economic Opportunity, which the company said will allow it expand operations at its plant in Normal, Ill. Rivian said the funds ... [Read More]
Wholesale
Q1 commercial consignment sales at OPENLANE climb 33%
Friday, May. 3, 2024, 11:24 AM
Joe Overby, Senior Editor
Sales of commercial vehicles in OPENLANE’s marketplace during the first quarter were higher than any quarter of 2023, pushing total vehicle sales up by nearly 13% year-over-year. In its Q1 results reported Wednesday, OPENLANE said the number of commercial vehicles ... [Read More]
MORE Wholesale
Technology
CallRevu partners with Merchant Centric reputation management & customer insights
Friday, May. 3, 2024, 11:19 AM
Auto Remarketing Staff
This week, CallRevu welcomed Merchant Centric into its Center of Excellence. The provider of communications technology for the automotive retail industry said this partnership represents another stride into brand reputation management, leveraging Merchant Centric’s expertise to enhance the overall customer ... [Read More]
MORE Technology
COMMENTARY: The jury is out, so how many dealers are utilizing AI?
Motive Retail’s MIX platform joins Dealertrack’s integration program
STELLA closes $19.7M Series A financing round to further develop its AI technology
Financial
COMMENTARY: Honda’s CPO leasing initiative targets affordability gap
Friday, May. 3, 2024, 12:48 PM
Ben Bartosch, J.D. Power
Vehicle affordability is an issue that has been much talked about recently. As the pandemic and its related supply chain issues limited vehicle production as the decade began, auto manufacturers made concerted efforts to richen their mixes, building highly contented, ... [Read More]
MORE Financial
DriveItAway & Westlake collaborate for floorplanning
Beyond the Transaction: Overcoming customers’ affordability concerns through the financing process
Analysis
COMMENTARY: May is Mom’s month & necessity is mother of invention
Friday, May. 3, 2024, 12:42 PM
Robert Grill, CARFAX
The pandemic forced us to reinvent the way we sell vehicles. We reviewed our online shopping experience and realized we had to remove any obstacles — make it possible for a customer to 100% buy online. We didn’t particularly like ... [Read More]
MORE Analysis
Alt-fuel vehicles don’t necessarily have to break the bank