Auto Remarketing Magazine

3 days ago | autoremarketing.com | Daryl Lubinsky

George Chamoun briefly touched on ACV Auctions’ “Project Viper” during the opening comments of the company’s first quarter earnings call , but he later expanded on the potential of the service product during the Q&A portion. “I never, ever in my entire career have had a product where I’ve had this much demand,” Chamoun, who is CEO of ACV, said Wednesday. ACV has described Project Viper as ...

6 days ago | autoremarketing.com | Alysha Webb

After reporting strong first quarter results, used-car retailer Carvana set a goal of selling 3 million units with significant profit within five to 10 years. It is well on its way to achieving its “mission” of changing the way people buy cars, Carvana chairman, president and CEO Ernie Garcia said during the earnings call.

6 days ago | autoremarketing.com | Nick Zulovich

Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.”During his keynote presentation at this spring’s Auto Intel Summit now available in this episode of the Auto Remarketing Podcast, the executive vice president at Cars Commerce and general manager of Accu-Trade shared recommendations for how managers can tap into that reserve. Listen to the presentation in the window below.

6 days ago | autoremarketing.com | Nick Zulovich

Chris Vester wants fellow dealers to gain emotional intelligence — not just retail and service cars. In this episode of the Auto Remarketing Podcast, listen to a lunchtime conversation, presented by Vitu, from this spring’s Auto Intel Summit with the co-CEO of the Hubert Vester Automotive Group. Vester recapped his path to gaining emotional intelligence and how other dealers can follow, plus much more. Listen to the conversation in the window below.

6 days ago | autoremarketing.com | Nick Zulovich

Tim Ranney is getting back into the credit-reporting business this spring. Ranney — who previously owned Clarity Services, which was purchased by Experian in 2018 — is launching Congruit Credit, an emerging national consumer credit reporting agency positioned to usher in a “new era” of credit reporting and monitoring solutions.