PrivateAuto, an end-to-end transactional marketplace for private-party vehicles, has partnered with automotive inspection company LemonSquad to streamline the inspection process for private-party vehicle sales. Through the partnership, PrivateAuto is offering a LemonSquad inspection service option for any vehicle listed on its platform that can be ordered directly inside the app. The service can be purchased […] [Read More]

Individuals outside the automotive industry might believe owning a dealership is a way to literally print money. Knowing full well that’s not the case, Tim Blochowiak of Protective Asset Protection offered some suggestions to help principals build real wealth through their businesses during this episode of the Auto Remarketing Podcast, recorded at NADA Show 2024 […] [Read More]

The National Automobile Dealers Association has made some adjustments to its leadership structure, including the creation of a new position to bolster its government relations and advocacy. NADA has promoted senior vice president of regulatory affairs Paul Metrey to the new role. He began serving in that capacity Nov. 1, 2023. Metrey, who has worked […] [Read More]

The number of franchise dealerships in the U.S. remained stable in 2023, according to the latest research from Urban Science. The automotive consulting and technology firm’s 2023 year-end Automotive Franchise Activity Report found there were 18,347 dealership rooftops nationally as of Dec. 31, 90 more than at the end of 2022. Meanwhile, the number of […] [Read More]

Carvana’s same-day vehicle delivery service, launched last summer, has continued its rapid expansion into 2024. The online used car retailer announced today that it is bringing the service to the Sacramento, Calif., area, making the state’s capital the latest market to offer delivery within hours of an online purchase of select vehicles. The company said […] [Read More]

Consider the landscape for used-only vehicle retailers just three years ago. Vroom, which launched its initial public offering in June 2020, made its Super Bowl advertising debut in February 2021, followed by a return trip a year later alongside rival Carvana, which joined the commercial action for Super Bowl LVI. Shift announced plans to go public through a special purpose acquisition company (or “SPAC”) in June 2020, a move that was completed in October of that year.  CarLotz, a “retail remarketing” platform, would announce its own SPAC plans that same October. Momentum was strong, amid a pandemic-driven white-hot market for pre-owned cars. Some three years later, however ... [Read More]

Fisker’s shift to a dealership model is beginning to take shape. The electric vehicle manufacturer announced it has signed four dealer partners in the U.S. — Mills Automotive Group, Ourisman Fisker, Classic Fisker and Long Island Fisker. The new dealerships will begin selling Fisker’s electric Ocean SUV from seven locations in six states. Mills, which […] [Read More]

Continuing our series of conversations from NADA Show 2024 earlier this month in Las Vegas, Car Pros Automotive Group CEO Matthew Phillips joins the Auto Remarketing Podcast. Phillips and Cherokee Media Group’s Joe Overby discuss the advantages of the franchise dealer model, the move by some EV makers to launch dealerships, standalone used-car stores, the […] [Read More]

Carfluent, a provider of artificial intelligence-driven software to create bilingual vehicle listings for dealerships, has introduced a bilingual car-shopping assistant named Tory. Tory is designed to enhance the shopping experience of Spanish-speaking customers, making it faster and more intuitive. The company said it simplifies vehicle discovery and acts as an entry point to Carfluent’s comprehensive […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 is a conversation with Casey Ivins of the Costco Auto Program, who connected with Cherokee Media Group’s Joe Overby at the J.D. Power Auto Summit to talk about the used-car market trends he is watching this year, how the Costco Auto […] [Read More]