Strong but normalizing. That’s how analysts with Black Book and Cox Automotive characterized wholesale vehicle values in May, as the fast start to the year gives way to seasonal changes and high gas prices. “The spring market outperformed historical expectations this year, extending for roughly 15 weeks compared to the six-week average seen prior to […] [Read More]

ACERTUS has a new chief information officer. The automotive logistics-as-a-service said Thursday that it has hired Margaret Cartwright for the role. Cartwright was most recently senior vice president of data intelligence at US Foods. She previously was the CIO at AgAmerica. In her new role as CIO at ACERTUS, Cartwright will head up the company’s […] [Read More]

After speaking on a Fraud Forum panel at the Used Car Industry Summit, I kept thinking about how fraud prevention is not only about the latest tactic or tool, but also about the assumptions that influence how our industry approaches risk in the first place. As fraud in automotive logistics continues to evolve, so do […] [Read More]

For decades, the American auto dealer has operated on a predictable, rhythmic cycle. New cars arrived from the factory, leases were signed, and 36 months later, those same vehicles flowed back into the ecosystem like clockwork. This off-lease pipeline was the lifeblood of the used-car department, a reliable stream of inventory that required little effort […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Amber Gosney of SYCN Auto Logistics recapped how she and her company colleague, Staci Dimi, became the Transport Queens to serve clients who need […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology has the potential to be highly disruptive in the used-car market, Draiver senior vice president […] [Read More]

The National Auto Auction Association introduced “targeted updates” to its NAAA Arbitration Guidelines on Monday, the trade group said in a memo to members. The updates are meant to clarify existing policy language and “formally reflect established auction practices,” while also addressing what NAAA calls evolving issues like higher-value vehicles, announcements on vehicles, ADAS components […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. David Prusinski, who is CEO of Vehicle Management Systems (VMS), was back in the spotlight to share his perspectives about the current state of […] [Read More]

As Auction Academy’s Class 9 heads for the finish line, Class 10 is gearing up to begin its journey. The current class of the executive development program developed by TPC Management Company has two sessions remaining after completing its sixth in-person session this month in Baltimore. The class will wrap up its two-year curriculum with […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and TraXtion president and CEO Brad Kokesh. They explore how dealers can bridge the transparency gap without sacrificing […] [Read More]