Retail
Vroom has sold ‘substantially all’ of its used inventory, expects to complete ecommerce wind down by end of Q1
Monday, Mar. 18, 2024, 04:17 PM
Auto Remarketing Staff
Vroom, which in January said it would be ending ecommerce operations and winding down its used-car retail business, said last week it expects to complete that wind down by the end of the first quarter and that it has sold ... [Read More]
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Ex-Delta COO West named Hertz CEO as predecessor steps down
Report shows used supply rising, prices falling, vehicles getting older
Petra launches customer rewards program to help dealers drive retention
Wholesale
PODCAST: Inside the Recurrent & Black Book partnership
Monday, Mar. 18, 2024, 10:53 AM
Auto Remarketing Staff
In late January, Black Book introduced Battery Adjusted Values, which it says are the industry’s first electric vehicle valuations. The valuations incorporate battery condition adjustments based on data from Recurrent, a provider of EV analytics. At NADA Show 2024 last ... [Read More]
MORE Wholesale
PODCAST: ACV CEO George Chamoun from NADA Show
Liaw named Copart CEO as longtime leader steps into executive chairman role
Sponsored Content
Financing should be as fast and frictionless as possible.
Lend Buzz
Getting a deal financed can be a long, complicated process. Too many manual steps? Too little status visibility? Waiting two weeks for your check? If these challenges sound familiar, it’s time to find a partner that can deliver a more ... [Read More]
Technology
PODCAST: CarNow CEO Kayne Grau
Friday, Mar. 15, 2024, 12:38 PM
Auto Remarketing Staff
Almost seven years ago to the day (March 16, 2017), Cherokee Media Group’s Joe Overby was in Chicago to record what would end up being the first-ever episode of the Auto Remarketing Podcast. The guests? Kayne Grau, the co-founder and ... [Read More]
MORE Technology
Reynolds and Reynolds executive elected to board of IT standards organization
One Step Secure IT brings cybersecurity services to FordDirect’s The Shop
Financial
Flexcar brings its vehicle subscription service to Rhode Island
Wednesday, Mar. 13, 2024, 01:22 PM
Auto Remarketing Staff
Flexcar is bringing its vehicle subscription service to Rhode Island. The company announced consumers in the Providence area can now sign up for monthly subscriptions, choose their vehicle and have it delivered to their home. Flexcar chief operating officer Ryan ... [Read More]
MORE Financial
COO Mitchell to succeed retiring Money at helm of AFC
Analysis
COMMENTARY: The new dynamics of car retailing, navigating the post-pandemic shift
Monday, Mar. 18, 2024, 04:31 PM
Jim O'Brien, RAVIN AI
In the wake of the global pandemic, the automotive industry has been riding through a storm of unprecedented challenges and transformations. As the world gradually emerges from the shadows of COVID-19, a significant shift in the car retail landscape is ... [Read More]
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Used EV prices fall 32% at retail, 15% in wholesale
Cox’s Q1 survey shows hint of optimism, but dealers still down on current market