Cox Enterprises Names Steve Rowley as the New President of Cox Automotive
ATLANTA, July 28, 2020 — Cox Enterprises has named Steve Rowley as the new president of Cox Automotive, effective Aug. 3. Cox Automotive includes powerhouse brands Autotrader®, Kelley Blue Book®, Dealertrack®, vAuto® and Manheim®. He takes over for President and CEO…
AutoNation Board of Directors Approves New Contract with Mike Jackson as Chairman and Chief Executive Officer through April 2022
FORT LAUDERDALE, Fla., July 14, 2020 -- AutoNation, Inc., America's largest and most recognized automotive retailer, today announced that the Company and its Board of Directors have entered into a contract with Mike Jackson as Chairman and Chief Executive Officer,…
Industry Veteran Chip Perry Named CEO of A2Z Sync
DENVER, July 10, 2020 -- A2Z Sync, a software and dealer-services company that enables dealers to modernize and transform the car-buying experience by re-organizing their stores around a Single Point of Contact (SPOC) sales process, today announced that Chip Perry has joined the company…
CBT News Announces Partnership with LotLinx to Distribute Valuable Automotive Market Data in Real-Time
ATLANTA — July 6, 2020 — CBT News, the voice of the retail automotive industry, announced today its partnership with LotLinx to bring automotive retail professionals the CBT News MarketCenter powered by LotLinx. This market data center will be available…
ACERTUS Announces New API Integration with AutoIMS
LOUIS, MO – May 20, 2020 ACERTUS, a tech-enabled automotive logistics and services company, today announced a partnership with AutoIMS, an inventory management platform solution for players in the automotive remarketing industry. This new technology partnership and API integration will allow ACERTUS…
AutoNation Names Marc Cannon Chief Customer Experience Officer
FORT LAUDERDALE, Fla., April 29, 2020 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest and most recognized automotive retailer, today announced that Marc Cannon, AutoNation's Executive Vice President and Chief Marketing Officer, has been appointed Executive Vice President and Chief Customer Experience Officer, effective today, April 29,…
AutoNation Promotes Jim Bender to President
Today, AutoNation announced the promotion of their Executive Vice President and Chief Operating Officer, Jim Bender, to the position of President. The promotion is effective immediately. Jim Bender will serve as both the President and Chief Operating Officer for AutoNation,…
An Open Letter to Dealers: Honest Perspective Amid the COVID-19 Crisis – Dale Pollak
Author’s note from Dale Pollak, Executive Vice President, Cox Automotive and Founder, vAuto: We are in a crisis that challenges everyone in the automotive ecosystem. OEMs. Financial institutions. Dealers. Suppliers. We are all in uncharted waters where there are more…
CDK Global Renews Three-Year, $150,000 Pledge to Support NAMAD With Fueling Careers Scholarship Program
HOFFMAN ESTATES, IL -- CDK Global, Inc., a leading retail automotive technology company, today has renewed a three-year pledge that includes $150,000 in scholarship funding for the Fueling Careers Scholarship Program in support of the National Association of Minority Automobile Dealers (NAMAD). The fourth…
Hugh Hathcock and Family Announce ReconVelocity Dealer Relief Program to Bolster Vehicle Sales and Service
DESTIN, FL - ReconVelocity today announced a Dealer Relief Program that includes 90-days of free software, training, and support services to existing and new customers, including its new ReconMatch and VelocityValet software solutions. ReconVelocity enables dealers to streamline used vehicle…
As dealer sentiment improves, inventory woes deepen
On Sept. 8, Cox Automotive released the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI). Information collected from dealers surveyed in late July through mid-August was used to determine how they view the conditions in the auto market – strong,…
Hertz navigating bankruptcy, but rental car industry expecting growth
The goliath car rental corporation Hertz Global Holdings continues to battle their way through bankruptcy proceedings post-COVID. On May 22, 2020, Hertz filed for bankruptcy protection in the throes of the pandemic with roughly $19 billion in debt and almost…
Conducting customer interviews online to discuss F&I options
It’s time to face a new reality. Offsite deliveries aren’t going anywhere anytime soon. COVID-19 has forever changed the way car dealers do business, quite possibly forever if not for the foreseeable future. In growing numbers, more dealers performing offsite…
Bernie Moreno returns to auto retail with new digital technology
While the COVID-19 pandemic has created many obstacles for auto dealers, some have found ways to create opportunities in the midst of adversity. After taking a step back from the auto industry, Bernie Moreno, president of Bernie Moreno Companies, and…
Dr. Evelyn Cardenas says CFADA dealers are ‘very optimistic’ about auto industry
Just a few short months ago as the pandemic hit, we were all left to figure out what’s next for retail automotive businesses and jobs around the country. As we adjust to this ‘new normal’ we’re checking in on the…
Auto ventures capitalize on stock market strength to push through acquisitions...
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. In this episode, Greenfield takes a…
The role diversity plays in your dealership’s customer communications
Welcome back to Diversity in Automotive brought to you by TrueCar and CarNow. As you look across your customer base, there are several moving parts of communications that everyone has to get right. Externally, dealers have to represent the franchise…
Conducting customer interviews online to discuss F&I options
It’s time to face a new reality. Offsite deliveries aren’t going anywhere anytime soon. COVID-19 has forever changed the way car dealers do business, quite possibly forever if not for the foreseeable future. In growing numbers, more dealers performing offsite…
Auto investors make bold moves with this week’s tech company deals
Welcome to the first edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an automotive technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. This weekly CBT News series…
