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Cars Commerce said in its 2024 Automotive Trends report there is roughly a 10.2 million-unit deficit in the number of 1- to 3-year-old vehicles expected to re-enter the pre-owned car market in the near future, leading to a “sparse and expensive” picture for dealers’ used-car inventories. How should store managers handle that situation? Brian Kramer…
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Before spending a few minutes with Cherokee Media Group to elaborate about the used-car market, National Automobile Dealers Association chief economist Patrick Manzi gave a press conference on the NADA Live Stage. Hear what else Manzi had to say about the franchised dealership world from Las Vegas during NADA Show 2024 through this episode of the A…
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The CARS Rule from the Federal Trade Commission was one of the primary topics at NADA Show 2024, and Adam Crowell offered his expert perspectives, too.The vice president of legal and corporate development at KPA discussed the FTC and other regulatory matters during this episode of the Auto Remarketing Podcast recorded in Las Vegas.…
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It’s a joint episode of the Auto Remarketing Podcast and the PAL Podcast, featuring their respective hosts, Joe Overby and Jeremy Louisos.Joe and Jeremy connected at NADA Show 2024 last month in Las Vegas for a conversation in which each asked the other five surprise questions.They chatted about everything from electric vehicles and the Boston Brui…
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Cherokee Media Group listened in as Tim Reuss of the Canadian Automobile Dealers Association appeared at NADA Show 2024 in Las Vegas. In this episode of the Auto Remarketing Podcast, hear what Reuss had to say about the challenges dealers in Canada are facing and the infrastructure struggles as more electric vehicles enter the market.…
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Continuing our series from NADA Show 2024, CARFAX editor-in-chief Patrick Olsen and CARFAX Car Care general manager Paul Nadjarian join the show for a conversation about electric vehicles, the company's presence in the wholesale market, the certified pre-owned market, the various factors impacting vehicle history and much more.…
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Credit Union Leasing of America president Ken Sopp and vice president of business development Mark Chandler elaborated about the company's prospects, the state of credit unions and the ongoing challenge to grow used-vehicle leasing during this episode of the Auto Remarketing Podcast recorded in Las Vegas at NADA Show 2024.…
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Next up on our series of episodes from NADA Show 2024, Erin Kerrigan, who is co-founder and managing director of Kerrigan Advisors, connects with Cherokee Media Group's Joe Overby during the J.D. Power Auto Summit. They discuss dealership buy-sell activity, dealer groups diversifying their lines of business, the state of used-car standalone stores …
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Artificial intelligence can do a lot of things, but solving all of challenges within auto financing doesn’t appear to be one of them yet. Pete MacInnis, founder and CEO of eLEND Solutions, spent some time in Las Vegas at NADA Show 2024 for this episode of the Auto Remarketing Podcast to discuss AI, the company’s latest industry survey and more.…
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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 month, Cherokee Media Group connected with Marko Iljadica of Recurrent as well as…
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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 then-CEO of DRIVIN, and his colleagues John Manganaro and Justin Mahlik. A few trips around the sun and industry evo…
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Kanchana Sundaram acknowledged dealerships are fertile places for fraud to happen. But Experian’s senior director of product and innovation for automotive offered several suggestions for how stores can remain car retailers, not vehicle victims, during this episode of the Auto Remarketing Podcast recorded in Las Vegas at NADA Show 2024.…
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Continuing our conversations from NADA Show 2024, Cherokee Media Group's Joe Overby catches up with Chance Mayfield and Justin Neiser of Carfluent, a provider of artificial intelligence-driven software that helps dealers create bilingual vehicle listings.Mayfield and Neiser share the inspiration behind the company, how the software works, the nuanc…
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Cherokee Media Group asked Jessica Caldwell of Edmunds a question that undoubtedly many consumers and perhaps some dealerships and finance companies are wondering, too.“Will retail prices for both used and new vehicles ever soften back to what they were say four or five years ago?”Caldwell addressed that question and more during this episode of the…
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The FTC’s proposed CARS Rule is currently in legal limbo. So what are the likely arguments and the possible outcomes? And what should dealers be doing to prepare in the meantime?On this episode of the Auto Remarketing Podcast, Buckeye Dealership Consulting’s Shaun Petersen shares his considerable legislative, regulatory and compliance expertise as …
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Justin Osburn, founder and CEO of Automotive Reinsurance Concepts and SmartGroups: 20 Groups Reimagined, returns to the Auto Remarketing Podcast fresh off a SmartGroup meeting that included some of the nation’s largest independent dealers.Osburn talks with Cherokee Media Group associate editor Andrew Friedlander about areas those dealers focused on…
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Stephen Smith, vice president of product and engineering at Cox Automotive, is the latest to join our series of Auto Remarketing Podcast episodes from NADA Show 2024 last month in Las Vegas. He talks with Cherokee Media Group senior editor Joe Overby about electric vehicle battery health, delving into some of the research, insights and regulations …
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Next up on our series of Auto Remarketing Podcast episodes from NADA Show 2024 in Las Vegas last month is a conversation with two executives leading the North American marketplaces at OPENLANE: senior vice president Shiv Dutt, who is also the president of the company's US marketplace; and SVP Trevor Henderson, who is president of the Canadian marke…
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Continuing our discussions from NADA Show 2024 in Las Vegas last month, Lyamen Savy joins the Auto Remarketing Podcast to discuss her new venture, Blabber, where she is founder and CEO.Blabber is a referral platform, where automotive professionals can "rapidly scale your sales through warm introductions." Savy talks with Cherokee Media Group's Joe …
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Alternative data isn’t new in auto financing. But Lena Bourgeois, senior vice president of vertical markets at Equifax, explained why alternative data is now more refined to the benefit of finance companies of all sizes. Bourgeois discussed that topic and more during this episode of the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Veg…
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Continuing our series of Auto Remarketing Podcast episodes from NADA Show 2024 in Las Vegas, Automobile Technologies managing director Mike Boyd and Repair OnDemand president Randy Kobat join Cherokee Media Group's Joe Overby from the expo hall floor to talk repair and recon.Bởi Cherokee Media Group
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The buy-here, pay-here industry was also represented at NADA Show 2024 in Las Vegas. And for this episode of the Auto Remarketing Podcast, Byrider Franchising CEO Mike Onda spent some time with Cherokee Media Group’s Nick Zulovich to discuss what’s happening in the BHPH space and how the company is helping new and existing franchisees.…
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For some finance companies, delving into the subprime space isn’t worth the risk. Lendbuzz co-founder and chief executive officer Amitay Kalmar reiterated why subprime auto financing can be profitable when structured properly and how it’s helped his operation during this episode of the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Vega…
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Next up on our series of podcasts from the NADA Show 2024 exhibit hall is a conversation with Wendy Engelhardt, strategic Solutions manager at automotiveMastermind.Wendy and Cherokee Media Group senior editor Joe Overby discuss how fellow companies within the S&P Global Mobility umbrella work together, how automotiveMastermind has evolved since its…
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It’s quite a balancing act nowadays for dealers who have some customers who want to do everything digitally and others who want nothing to do with those financing tools, preferring to do everything in person with paper documents. RouteOne’s Amanda George takes us through that scenario and more during this episode of the Auto Remarketing Podcast rec…
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We get into the auto-finance numbers again during this episode of the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Vegas. Experian’s Melinda Zabritski reviewed the latest quarterly trends as well as other metrics the industry is generating that now merit watching.Bởi Cherokee Media Group
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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 N…
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It's a joint episode of the Auto Remarketing Podcast and the EVs for Everyone Podcast, featuring their respective hosts, Joe Overby and Elena Ciccotelli!Joe and Elena connected at NADA Show 2024 earlier this month in Las Vegas for a conversation in which each asked the other five surprise questions.They chatted about their first cars, electric vehi…
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Next up on our series of podcasts 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 Program has adapted to the changing needs of dealers, and much …
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We begin our series of podcasts from the expo hall floor at NADA Show 2024 in Las Vegas with this interview of CarGurus CEO Jason Trevisan. Trevisan and Cherokee Media Group's Joe Overby discuss the evolution of CarGurus' business model, challenges and opportunities in the wholesale car market, the company's pre-qualification network for auto finan…
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For this episode of the Auto Remarketing Podcast recorded in Las Vegas at this year’s Vehicle Finance Conference hosted by the American Financial Services Association, we share another visit with one of the industry’s great historians, Terry O’Loughlin, who is director of compliance for Reynolds Document Solutions at Reynolds and Reynolds. O’Loughl…
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Jessica Gonzalez works for InformedIQ, while Tim Yalich is part of the team at Wolters Kluwer. But they’ve collaborated in the past to benefit mutual clients. In this episode of the Auto Remarketing Podcast recorded in Las Vegas at this year’s Vehicle Finance Conference hosted by the American Financial Services Association, Gonzalez and Yalich desc…
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A year ago, TransUnion examined the downturn in vehicle leasing and what elements would be needed for the delivery option to rebound. At last month’s Vehicle Finance Conference hosted by the American Financial Services Association, TransUnion’s Satyan Merchant revisited those findings to project what might happen in leasing and other parts of auto …
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Just before last month’s Vehicle Finance Conference hosted by the American Financial Services Association, Open Lending released initial findings from its newest study on vehicle accessibility and automotive financing perceptions among near- and non-prime consumers. Open Lending senior vice president of marketing Kevin Filan offered more details fo…
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Frank McKenna was one of the most sought-after experts at this year’s Vehicle Finance Conference hosted by the American Financial Services Association. Many attendees are impacted by fraud nowadays, so the Point Predictive executive recapped some of the questions he received in Las Vegas and more for his regular visit on the Auto Remarketing Podcas…
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After being on stage asking questions and facilitating a conversation at this year’s Vehicle Financial Conference, GM Financial’s Kyle Birch made time during the American Financial Services Association event to be a part of the Auto Remarketing Podcast. Birch recapped the successful year GM Financial had as well as other developments connected with…
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Danielle Arlowe and Celia Winslow of the American Financial Services Association still had plenty of energy for this episode of the Auto Remarketing Podcast recorded in Las Vegas at the end of the organization’s annual Vehicle Finance Conference. Arlowe and Winslow recapped the active scenes at the state and federal level in connection with legisla…
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We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a keynote presentation by Noah Lee of Dealer.com titled, “Turning Your Data into Dollars: How to Drive Profits in Today’s Times.”Bởi Cherokee Media Group
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We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation from Dealer Training Tuesday by Steve Roessler of DriveCentric titled, “Mastering Modern Communication Strategies for Sales Success.”Bởi Cherokee Media Group
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We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation by Sara Hoagey of eliteBDC titled, “Learn the Advantages of Different BDC and CRM Structures for Your Dealership.”Bởi Cherokee Media Group
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In another special sponsored episode of the Auto Remarketing Podcast, we welcome back Rusty West, vice president and founder of Market Scan, now part of S&P Global Mobility. West shared his perspectives on what he anticipates will be one of the most talked about subjects at NADA Show 2024. It’s the CARS rule from the Federal Trade Commission that’s…
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We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation and discussion with Holly Balogh and Stamatis Ferarolis of RISC titled, “Improve Repossession Percentages Through Managed Direct Compliance.”…
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