Auto auctions and dealers are selling used electric vehicles at record or near-record clips. Sales of EVs at Manheim auctions reached a record high in the first quarter, according to parent company Cox Automotive, which also observed the second strongest quarter of all time for used EV sales in the overall retail car market. Manheim […] [Read More]

Stingy supply and macroeconomic forces like tariffs and tax returns have driven up used-vehicle prices in March, with both dealers and consumers feeling the sting. JD Power said in a forecast Thursday that used-car retail prices for the month have averaged $30,166, which is $860 higher than March 2025. According to the Carfax Used Car […] [Read More]

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby about his career and the folks who have impacted that journey, the challenges and opportunities in […] [Read More]

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale operation, Kontos reflected on how he transformed his education and early professional positions in minerals […] [Read More]

No bracket busters here. It was all blue bloods in Kelley Blue Book’s Best Resale Value Awards. Earning the top spots in the awards released Thursday were Toyota, which has now won the Best Resale Value: Brand award for six straight years, and Lexus, celebrating its fifth straight win for Best Resale Value: Luxury Brand. […] [Read More]

At next month’s Used Car Industry Summit, Cherokee Media Group is launching a new awards program recognizing executives at the peak of auto industry leadership. Industry Elite: The C-Suite spotlights the most influential, inspiring and innovative executives in the retail, remarketing and finance segments of automotive. The inaugural honorees will be recognized in the May […] [Read More]

Consumer satisfaction with dealership service departments is on the rise — but there’s still plenty of room for improvement as they compete for business with aftermarket shops and direct-to-consumer brands. JD Power’s 2026 U.S. Customer Service Index showed the overall average satisfaction score for dealership service at 868 on a 1,000-point scale, up 3 points […] [Read More]