Spotlight

Several auto industry leaders are balancing current optimism with future uncertainty as the country opens up again. The COVID-19 pandemic remains a challenge to the industry. During a recent webinar,…
Automotive analysts acknowledged the grim status of the industry while speculating about a potential auto stimulus package and how the industry will get through the crisis caused by COVID-19. A…
As auctions continue to ramp up business, industry partners are putting together a playbook for safe sales in the post-COVID-19 era. Frank Hackett, CEO of the National Auto Auction Association,…
Consultants working with dealers in 20 groups said success in the coronavirus era involves both adaptation and using the old methods more diligently. The buy-here, pay-here market is in a…
Cable news and economic updates look grim in this era of COVID-19. But don’t tell Chad Bailey. The president of Akron Auto Auction, known for his energy and enthusiasm, is…
A federal agency deemed auto sales essential as the U.S. government and several states began developing plans to reopen the economy at press time. These bits of good news were…
Simulcast sales have become the norm and talk of a new “Cash for Clunkers” program is raising concerns from the National Auto Auction Association. The NAAA reported a huge turnout…
Automotive analysts acknowledged the grim status of the industry while speculating about a potential auto stimulus package and how the industry will get through the crisis caused by COVID-19. A…
Following President Trump’s signing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin announced that the SBA and Treasury…
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