EFG launches program that guarantees PRU increase for dealers
Tuesday, Sep. 24, 2024, 03:21 PM
Dave Cantin Group sells its first-time dealer programs to Biltmore, turns focus to large dealer groups
Tuesday, Sep. 17, 2024, 02:09 PM
PODCAST: Autotech Ventures partner Burak Cendek
Monday, Sep. 9, 2024, 11:37 AM
Financial
More good news for dealers as leasing keeps improving in Q2
Friday, Sep. 6, 2024, 11:46 AM
Auto Remarketing Staff
Leasing is continuing to gain momentum, helping dealers put their customers into vehicles today with the potential for having the late-model inventory stores need tomorrow. According to Experian’s State of the Automotive Finance Market Report: Q2 2024, leasing is re-emerging as an optimal choice for those seeking flexibility and affordability with the market penetration reaching […] [Read More]
Consignor Conversations: Sheila Tedesco of Lobel Financial
Monday, Aug. 19, 2024, 12:55 PM
Auto Remarketing Staff
Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with Sheila Tedesco, who is remarketing manager at Lobel Financial. Tedesco sat down with Cherokee Media Group senior editor Joe Overby at the Auto Intel Summit + National Remarketing Conference this spring to discuss her journey in remarketing, what trends […] [Read More]
Autosled leads auto industry on Inc.’s list of fastest-growing private companies
Tuesday, Aug. 13, 2024, 04:42 PM
Auto Remarketing Staff
When it comes to growth among automotive-related companies, Autosled is at the top of the list. The provider of digital technology for vehicle transport logistics, founded in 2019, was ranked No. 12 in the 2024 Inc. 5000, Inc. magazine’s annual list of the fastest-growing private companies in America. It’s the highest ranking for an auto-related […] [Read More]
Holman obtains minority interest in FM Capital
Tuesday, Aug. 13, 2024, 04:06 PM
Auto Remarketing Staff
It’s usually the other way around. But a major move in the automotive investment space this week is said to be the first time that an integrated automotive services organization has obtained a general partner interest in an auto industry venture capital firm. FM Capital, a venture capital firm focusing on early- to mid-stage companies, […] [Read More]
Former AutoNation executive joins Kerrigan Advisors to open Miami office
Monday, Aug. 12, 2024, 02:36 PM
Auto Remarketing Staff
Automotive sell-side advisory firm Kerrigan Advisors announced it has added former AutoNation executive Chris Gempton as senior vice president of sell-side advisory. The new SVP will open Kerrigan Advisors’ new Florida office in Miami, which will serve clients in the Southeast, a market the company said is very active for dealership buy/sell transactions. Kerrigan Advisors […] [Read More]
Lyft co-founder joins Autotech Ventures
Wednesday, Aug. 7, 2024, 12:59 PM
Auto Remarketing Staff
Logan Green, co-founder and chairman of Lyft, has joined venture capital firm Autotech Ventures as a venture partner. In a news release, Autotech said Green’s “experience in leading Lyft from inception through hypergrowth and his vision for more equitable and efficient transportation solutions will be invaluable” as Autotech continues to identify and support startups in […] [Read More]
Car protection plan marketplace startup lands $3.7M in seed funding
Wednesday, Aug. 7, 2024, 12:30 PM
Auto Remarketing Staff
Chaiz, an Austin, Texas-based startup that provides a comparison marketplace for extended car warranties, announced an oversubscribed $3.7 million seed funding round on Wednesday. Leading the round is ResilienceVC, with participation from Anker Capital, Automotive Ventures, Everywhere Ventures, FJ Labs, Monte Carlo Capital, Never Lift Ventures, RedBlue Capital, and Springtime Ventures. Chaiz’s prior investors include […] [Read More]