SPONSORED EPISODE: Leveraging F&I providers to manage inventory James Virgoe, who is senior vice president and managing partner of GWC Warranty at APCO Holdings, explained why F&I providers can provide dealers with more than just potential profitability through the finance office. Virgoe highlighted that F&I technology also can ... Listen Here
Navigating ‘difficult conversations’ in the used-car market We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Dan Dionne, who is vice president of sales with RockED. Dionne acknowledged dealership salespeople often have to ... Listen Here
Where AI and used-car sales meet We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Todd Smith, who is CEO of QoreAI. Smith explained how artificial intelligence now can swiftly match potential ... Listen Here

Retail

Cerritos Auto Square launches free concierge service for car shoppers

Cerritos Auto Square in Cerritos, Calif., has debuted a free concierge service for car shoppers. The Southern California retail center, which bills itself as “America’s largest auto mall,” said customers now have access to concierge representatives to help them find ... [Read More]

NADA backs Senate resolution to revoke California emissions waivers

The National Automobile Dealers Association said it’s supporting controversial joint resolutions by three Republican senators to revoke waivers allowing California’s strict emissions standards, which include a ban on the sale of new gas-powered and hybrid vehicles by 2035. The resolutions, ... [Read More]

Wholesale

Who to Watch: ConditionReports.com adds seamless auction site listing to its wheelhouse

EDITOR'S NOTE: This is a special preview (available now to CMG Premium subscribers) of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media Group's senior editors — who are significantly shaping the future of the used-car industry. This is not an awards issue, but rather a collection of special features on leading companies and executives from retail, remarketing, auto finance, loss mitigation, and investor segments of the industry. [Read More]

Location Services buys third-party dealer consignment remarketing company, rebrands remarketing division

Location Services said Thursday it has acquired third-party dealer consignment remarketing company Marina Hill Finance. Location Services, a full-service recovery management company, also announced it is rebranding its remarketing division as Pinnacle Remarketing. Marina Hill Finance is based in San ... [Read More]

Technology

TSD announces upgrades to its rental car software for 2025

TSD Mobility Solutions announced its long-term strategic plan for upgrades to its rental car software products, including several to be released this year. The initiatives begin with the redesigned TSD RENTAL mobile app, launched this spring. In a news release, ... [Read More]

Hyundai Mobis holds Detroit event seeking innovative technology startups

Hyundai Mobis, one of the world’s largest suppliers of automotive parts and components, held an investment presentation for startups in North America, seeking to secure a future mobility technology alliance. The company held its fourth annual Mobis Mobility Day this ... [Read More]
car technology 166045100

Analysis

COMMENTARY: Succession planning, 25% import tariff & why now is the best time to act

The automotive industry has always been cyclical, but today’s market conditions present a new set of challenges. With a 25% tariff being imposed on all imported vehicles, dealer principals must rethink their long-term strategies. The question is no longer just ... [Read More]
Details of upcoming repossession webinars from ARA & Weltman

Surge in wholesale prices signals start of tariff-fueled ‘roller coaster ride’

Hold on tight, folks. It’s going to be a bumpy ride. A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in ... [Read More]

X