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Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders.

Carvana reports first-ever annual profit, reduces debt by $1 billion

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Carvana, a used vehicle reseller, announced its first-ever yearly profit on February 22. This was due to an agreement with bondholders to reduce the...
In the latest episode of Inside Automotive, Mark Cannon shares his insights on the current trends in the retail automotive industry.

Former AutoNation Exec. Mark Cannon on EVs, price sensitivity, and the...

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In the latest episode of Inside Automotive, anchor Jim Fitzpatrick interviews Mark Cannon, the former Chief Customer Experience Officer at AutoNation. Cannon, who had...
Auditing the online buying process at your car dealership

Future proofing your dealership in a modern environment

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The past few decades have seen a technology boom across all industries, including automotive, that has changed buying habits, expectations, and landscapes forever. The...
CarNow

How dealers enhanced the purchasing process in response to the growth...

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On today's episode of Inside Automotive, Bob Lanham joins the show. Lanham was the former Head of Automotive Retail at Meta, and is now the...
Kevin Tynan Bloomberg automotive retailers

Bloomberg’s Kevin Tynan on macroeconomic concerns for automotive retailers in 2023

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There have been winners, losers, and a lot of discussion surrounding the direct-to-consumer model in retail automotive during 2022. Kevin Tynan, Senior Automotive Analyst...
Amazon Ads electric cars

Marketing tips for electric cars and alternative-fuel auto advertisers

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From microchips to lithium batteries, technology is revolutionizing the future of ground transportation. Electric vehicles (EVs) have now become top of mind for many...
dealers/ dealerships

Effectively competing with internet-based dealers

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The automotive industry from previous decades is almost unrecognizable from its current state. Fast-forward 50 years from now, and it will be unrecognizable again....
connected consumers automotive

Understanding automotive connected consumers | Amazon Ads

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As digital advertising capabilities continue to grow, automotive advertisers are off to the races to optimize the right marketing strategies to connect with future...
Facebook Marketplace

New Facebook Marketplace rule restricts business pages from listing cars

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Facebook’s parent company, Meta, has recently made some changes that will affect car sales on its Facebook Marketplace platform. According to a recent support...
merchandising

6 helpful tips for effective online vehicle merchandising

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With online selling and buying at an all-time high, businesses across all industries must find ways to be more successful in online inventory merchandising....