What happened during thousands of introductory conversations with automotive industry stakeholders germinated into the new name for AutoAp.
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Tuesday marked the beginning of Nasi Jazayeri as chief executive officer LeadVenture, which serves as a digital partner for 40,000 dealerships and service centers.
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Missouri-based Clement Auto Group has expanded to Ohio with the acquisition of Mansfield Motor Group, according to a news release from Performance Brokerage Services.
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After an initial focus on electric vehicles, Autonomy said Wednesday it is adding gas-powered vehicles to its car subscription platform, starting with a range of Ford models.
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Here’s a misconception: Shipping electric vehicles is a lot different than shipping gasoline vehicles.
“In reality, the process is … nearly identical,” said Chris Velazquez, vice president of sales at Montway Auto Transport.
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At the 2026 World Remarketing Convention in Seattle this fall, Tommy Rogers will be inaugurated as new National Auto Auction Association president. He is currently vice president of the NAAA.
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Nuance and context.
Two words to bear in mind when viewing the latest monthly wholesale vehicle value indices from Black Book and Cox Automotive, respectively.
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Lithia & Driveway has bolstered its presence in the Dallas-Fort Worth area with the purchase of Rockwall Hyundai, the retailer said Tuesday.
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The Courtesy Automotive Group has acquired Watson Chevrolet and Infiniti of Tucson in Tucson, Ariz., according to a news release from Pinnacle Mergers & Acquisitions.
Pinnacle represented the seller in the transaction, which closed on Aug.
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Consider this idea: Shrink the days between committing capital and reusing it.
Automotive retailers understand turn. A vehicle sitting in inventory represents capital, carrying cost and risk. Move it faster, and the same capital can be deployed again.
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A Harvard business student and former advertising art director at General Motors released a research paper last month with car dealership ad spend in mind.
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Last week, @CoxAutomotive rolled a path to gain more dealer feedback for vAuto.
This week, the company used dealer feedback to roll out upgrades for @VinSolutions
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Why does one dealership command a significantly higher blue sky multiple than another, even when both operate under the same franchise?
The answer is multi-dimensional and extends far beyond profitability alone.
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Tammy and John Swofford are auto auction industry superstars.
Both have had long careers in the industry which included several stints working for the same company and now working for competitors.
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We start this dealer group news roundup in California, where the LAPIS group has launched a new Porsche store in the Tri-Valley region.
LAPIS CEO and dealer principal Todd Blue acquired the Porsche Livermore store in March.
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Every dealership sources inventory somewhere, but the channels do not behave the same way.
New-vehicle allocation is set by the manufacturer, not the store. Auction supply is broad, but the margin available there has thinned considerably.
autoremarketing.com/ar/whole…
Every dealership sources inventory somewhere, but the channels do not behave the same way.
New-vehicle allocation is set by the manufacturer, not the store. Auction supply is broad, but the margin available there has thinned considerably.
autoremarketing.com/ar/whole…
Dealerships often provide test drives for potential buyers considering a used vehicle, so vAuto is doing the same thing for its dealer clients.
autoremarketing.com/ar/techn…
This week, STELLA Automotive AI appointed Jennifer Powell as its new vice president of operations, bringing more than two decades of leadership experience in operations, business transformation, program management, and organizational excellence.
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It’s a bit of a Catch 22.
The two used-vehicle segments whose prices increased notably from July — luxury cars and the car segment (i.e. sedans, coupes, wagons, convertibles, etc.) — climbed for an ironic reason.
They’re affordable.
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