Copart — and most any publicly traded company in the auto industry, for that matter — doesn’t typically hold conference calls between their regularly scheduled quarterly earnings calls with the investment community. But this year is a little different for the online vehicle auction company. On June 29, Copart announced a CEO transition, under which […] The post Copart aims for whole car operations…
The automotive industry got some welcome news in the second quarter of 2026. New-vehicle sales rebounded 14% after a sluggish start to the year. Inventory tightened modestly, and several new model launches helped bring shoppers back into the market. Good news, certainly. But it doesn’t tell the whole story. Nearly half of all new vehicle […] The post COMMENTARY: The sales recovery is real, and the…
Used electric vehicle sales climbed more than 10% year-over-year in July and supply is becoming more plentiful, according to the EV Market Monitor Report released Monday by Cox Automotive. There were 36,810 used EV sales last month, Cox said in the report, beating year-ago figures by 10.1% and surpassing June by 7.9%. While Tesla continues […] The post Used EV sales soar 10% in July amid greater…
Criminals don’t rely on fake pay stubs or forged signatures when they walk into your dealership anymore. They’re using synthetic identities. They’re generating STIPS with AI. They’re recruiting straw buyers, creating fake employers, and stacking loans. Modern day fraudsters are sophisticated, organized, and harder to spot. The fraud you thought you knew is gone. So […] The post COMMENTARY: Used…
What is omnichannel and why is it essential for you? Omnichannel is how the whole dealership communicates with its customers. It’s about creating a consistent customer experience across all parts of the dealership, from sales to service, to phone calls and in-person interactions. It becomes the lifeline to encourage your consumers to continue engaging (and […] The post COMMENTARY: The power of…
Sutherlin Automotive Group has acquired the top Kia dealership in Orange County, Calif.: Car Pros Kia Huntington Beach. The sale was announced by Kerrigan Advisors, which advised the seller, Car Pros Automotive Group, in the transaction. In addition to being the automaker’s No. 1 store in Orange County last year, Car Pros Huntington Beach was […] The post Dealer group news: M&A + automotive…
Super Dispatch and ACV Transportation expanded their partnership on Wednesday in a move meant to give auto transport carriers more flexibility in how they manage vehicle shipments. According to a news release, carriers can now choose to manage loads via ACV Transportation directly within Super Dispatch, eliminating duplicate data entry while allowing ACV and its […] The post ACV & Super Dispatch…
Ford had the most used-vehicle sales of any brand from July 10-Aug. 9 and its F-150 was the top-selling used vehicle in the industry. The Blue Oval also swept the top three spots of best-selling 7- to 11-year-old vehicles and best-selling vehicles 12 years and older. But among late-model vehicles, there was a different king […] The post AutoVision debuts monthly report detailing used-car market…
After making changes to top leadership earlier this summer — including its CEO as well as its president — Copart announced on Tuesday that David Berger has joined its board of directors in a move that was effective last Thursday. According to a company news release, Berger currently serves as a senior partner of Wilson Sonsini […] The post Copart welcomes seasoned attorney to board of directors…
Dealerships nationwide now can use the capabilities of VIPER from ACV Auctions. For example, like how they’re boosting the service drive at Plaza Auto Mall. “VIPER has fundamentally changed how we approach our service lane,” said Rob Patel, who is director of variable and internal fixed operations at Plaza Auto Mall, which has Honda, Toyota, […] The post ACV’s VIPER now available to dealership…
