Car Keys Express founder and owner Mark Lanwehr has made the cut as a finalist for EY’s 2017 Entrepreneur of the Year Award in the Ohio Valley region, the company announced.  A panel of independent judges chose Lanwehr a finalist for the regional award, whose winners will be named during a special gala event at the Hyatt Regency Hotel […] [Read More]

In Episode 5 of the Auto Remarketing Podcast, Joe Overby sits down with Marilu McQuilkin and Mor Aframian to talk about the upgrades to Used Car Week, which has a brand-new look and a bit of a new format this year.  Plus, we discover that Marilu is a C-SPAN dork, Joe loves "Star Wars" and Mor […] [Read More]

Rebranding can be a scary proposition. As anyone who has changed their style can attest, it’s risky yet potentially rewarding. I’ll give you two personal examples: Spring 2000: A 17-year-old during Eminem mania, I bleached my already strawberry blonde hair.  At a lifeguard meeting soon after, the manager of the pool where I was working […] [Read More]

Used-car buyers who shop online spend 62 percent of the car-buying process there: online. That's according to Cox Automotive’s latest Car Buyer Journey Study, which examines consumers’ car-shopping behavior during the car buying process and how they use their time. Cox Automotive found that during the chunk of time car buyers spend online, they research and shop […] [Read More]

White Clarke Group chief executive officer Brendan Gleeson received the Auto Finance Personality of the Year award during the International Auto Finance Network (IAFN) event conducted last week in London. The IAFN Awards dinner celebrated excellence and innovation within the automotive leasing and lending industries. Organizers indicated the Auto Finance Personality of the Year is […] [Read More]

Frontier Car Group, a new global company that builds and runs marketplaces for used cars in five countries, recently announced the closing of a $22 million investment made by a portfolio of global investors led by Balderton Capital. With operations in Chile, Mexico, Nigeria, Pakistan and Turkey, the group said it will put the funds toward growing […] [Read More]

More than 22 percent of franchised dealers' used-car sales in the first quarter were certified pre-owned vehicles, according to Edmunds, which says these stores are feeling the pinch in their older inventory but see a flood of late-model supply. There were 647,400 CPO sales in Q1, which was up a modest 0.1 percent year-over-year, according […] [Read More]

Amid the leadership shakeup at Ford, several industry analysts and observers weighed in Monday on the news that Jim Hackett would be replacing Mark Fields as the Blue Oval’s president and chief executive officer. The news was first reported Sunday night by Joann Muller of Forbes before the automaker made the announcement Monday morning. “We’re […] [Read More]

Jumpstart Automotive Media’s newly released share of shopper interest data from last month shows strong gains among domestic OEMs such as Chevorlet and Dodge. Chevrolet has passed Ford as the brand with the most shopper interest. The brand’s overall share of shopper interest increased to 8.9 percent in April, up from 8.7 percent the previous […] [Read More]

Car dealerships don’t appear in any imminent danger of joining the brick-and-mortar retail graveyard haunted by the fates of big-box stores in other industries, many of whom were usurped by the likes of Amazon and Netflix and their own failures to adapt to customer demand. In the case of dealers, says David Kain, “I think […] [Read More]