One of Auto Remarketing’s 2025 40 Under 40 honorees is about to become very busy. Molly Kristick has joined Clarivoy to take on the dual role of chief experience officer and chief marketing officer, bringing marketing, customer success and brand strategy under her unified leadership. In a news release, the automotive independent attribution and measurement […] [Read More]

TradePending has bolstered its executive leadership with the addition of three new vice presidents. The provider of automotive dealership software, backed by private equity firm Capstreet, announced it has hired Amanda Abarno as VP of marketing, Julian Cowart as VP of customer operations and Aloke Devalia as VP of revenue management. “With the addition of […] [Read More]

Asbury Automotive Group’s reach is wide, covering 14 states from Massachusetts in the Northeast to Arizona in the Southwest. But its home is in the Atlanta area — and that home has just reopened following a major update. The dealership group, which operates 158 locations, 37 collision repair centers and F&I provider Total Care Auto, […] [Read More]

Startup company HeyGreenlight has greenlighted an experienced hand to lead its revenue strategy. The AI-powered platform focused on improving dealership conversations and performance has added Kerry Kolde as chief revenue officer to expand its dealer network growth and scale adoption. Kolde’s resume includes roles with recognizable auto industry names Cars.com, TrueCar, LotLinx and SpinCar (now […] [Read More]

Delavan Holdings has reached a “significant milestone” with the addition of a chief technology officer for the first time. Shawn Theesfeld has been hired to fill the role, which Delavan Holdings said “showcases the company’s continued growth and commitment to advancing its technology capabilities.” Delavan Holdings is an umbrella company created by Delavan, Wisc.-based dealership […] [Read More]

The Dream grows in South Florida. Dream Motor Group, owned by College Football Hall of Fame coach Nick Saban, Joe Agresti and Steve Cannon, has acquired two dealerships in the area from Bill Seidle’s Automotive Group, according to The Presidio Group, which represented the buyer in the transaction. The addition of Bill Seidle’s Nissan and […] [Read More]

Automotive retail M&A has matured. Capital is abundant. Buyer demand is strong. Close to 700 franchises changed hands in 2025, with a similar volume expected across the nation’s 18,300 franchised dealerships in 2026. On paper, dealers are in the driver’s seat. In reality, when a serious opportunity surfaces, an unsolicited offer, a strategic inquiry, a […] [Read More]

Less than a year after it opened, the only Porsche dealership in Iowa has been sold. The Ed Morse Automotive Group announced it has acquired Porsche Des Moines from Woodhouse Auto Family, which launched the store last July to bring a Porsche retail outlet to the city for the first time since 2008, when Ramsey […] [Read More]

For the second time in about a month, CarMax has reached a settlement to resolve allegations of wrongdoing. The newest one is in connection with the district attorney for Riverside County in California. According to a news release distributed at the end of March, CarMax has been ordered to pay $1.1 million to resolve a […] [Read More]

The job of a technician in an auto service business is no longer just about the car. It’s also about communicating with customers, but that’s not necessarily something techs have been trained to do. TruVideo aims to do something about that. The provider of AI-powered video and messaging communication technology has launched a new initiative […] [Read More]