More from DRN’s Jeremiah Wheeler about state of LPR DRN president Jeremiah Wheeler appeared on the Auto Remarketing Podcast this week to continue the intensifying dialogue about license plate recognition technology. Wheeler elaborated about the company’s response to assertions made by the American Recovery Association and what he hopes ... 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

Tariff fears led to 153,000 ‘pull ahead’ sales in March, report says

Concerns about the coming auto tariffs sent car shoppers racing to dealerships in March, according to a report by Cloud Theory. The automotive data analytics firm’s quarterly “On the Horizon” report found the consumer fears about the potential impact of ... [Read More]

Dealership calls mentioning tariffs soared 4,000% the week before they took effect

Are tariffs on every car shopper’s mind? Maybe not, but data from Car Wars indicates “a significant shift” in customer conversations, with more dealership customers talking about the issue in the week before President Trump’s 25% auto tariffs took effect ... [Read More]

Wholesale

Online EV auction Plug raises $6.7M in seed funding, launches trade-in tool for dealers

Plug, which is an online wholesale auction platform exclusively for electric vehicles, said Tuesday it has secured $6.7 million in seed funding and launched an EV-focused trade-in solution for dealers. Starting with the funding, the round’s leaders were Floodgate, Autotech ... [Read More]

‘Roller coaster’ just beginning in wholesale car market, as tariffs drive urgency

The basketball court wasn’t the only place for “madness” last month. With tariffs on the horizon and automotive uncertainty swirling, March produced a flurry of activity in the wholesale car market. The Trump administration’s 25% tariffs on imported vehicles — ... [Read More]

Technology

Solera launches unified AI-driven platform for fleet management tools

Solera is putting artificial intelligence into fleet management. The vehicle lifecycle management software provider has launched the Solera Fleet Platform, an AI-driven platform designed to unify fleet intelligence, optimize efficiency and providing visibility and control over fleet operations. Solera said ... [Read More]

CARFAX offers insurers new automation to include taxes, fees in total loss claims

CARFAX wants to offer insurers a more accurate way to determine what a totaled car is worth. The vehicle history report provider announced it has enhanced its Total Loss Valuation Report to include automated calculation of taxes and fees through ... [Read More]

Analysis

Survey shows fleet managers frustrated by lack of EV cost analytics

Fleet managers are struggling to properly use total cost of ownership metrics when it comes to electric vehicles, according to a new study by EVAI. The provider of data analytics and artificial intelligence-driven fleet management technology said its online survey ... [Read More]

Report: Tariff worries fuel record used-car sales in March

ZeroSum has to admit it doesn’t have all the answers. But the marketing and data software firm understands why cars have been flying out of dealerships for the past month. In its latest “State of the Dealer” report, ZeroSum said ... [Read More]

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