Cox Automotive’s O’Neil to retire in February

Nick Zulovich, Staff Writer

Come February, Mark O’Neil will embark on the next chapter of his life after an automotive career dotted with high-level executive positions at some of the most well-known names in the business, including Cox Automotive, Dealertrack and CarMax. During a conversation with AuSM late on Monday afternoon,... Read More

AuSM Staff

An entrepreneur who spent more than 10 years helping dealerships cultivate their online capabilities now has his own start-up company to help individuals sell their vehicle privately with tools similar to what might be at the dealer’s financing office. Jordan Stuart recently launched and... Read More

Carvana enters the Big Apple

AuSM Staff

Carvana has entered the Big Apple, its largest market to date. The online used-car retailer announced Thursday that it has launched as-soon-as-next-day vehicle delivery in New York City, and car shoppers in the city can now shop's over 10,000 vehicles and schedule free vehicle delivery, all... Read More

Faraday Future names new VP of product, tech from Tesla

AuSM Staff

Faraday Future (FF) has appointed a new vice president of product, technology and intellectual property (IP) strategy who has previously spent time at both Tesla and Apple. The company announced Monday that it has chosen to bring aboard Jeff Risher to lead FF's IP strategy and patent portfolio efforts. He... Read More

Joe Overby, Senior Editor

In an early meeting between the companies, the management at Lithia Motors posed this question to the co-CEOs of Shift, an online automotive marketplace: “Since all this stuff is so good and it works so well, what’s preventing you from scaling this thing quicker?” The answer Lithia got back... Read More

CDK Global finalizes acquisition of ELEAD1ONE

AuSM Staff

An acquisition that first came to light back in July came to fruition late last week. CDK Global announced that it has received all customary regulatory approvals and has completed the acquisition of ELEAD1ONE, a leading provider of fully integrated customer relationship management software solutions for automotive... Read More

AuSM Staff

Dealership inventory managers who are interested in honing their car-buying, car-pricing and car-merchandising skills can look forward to two days of training hosted by Lotpop and co-sponsor Strong Automotive Merchandising next month.  Lotpop announced Monday that it will host its first Dealer Workshop on Oct.... Read More

LeasePlan strengthens leadership team with 2 new VPs

AuSM Staff

The executive leadership team at LeasePlan USA has recently grown with the appointment of two new vice presidents who will be responsible for heading company operations and providing strategic leadership and organizational development, respectively. LeasePlan USA announced Wednesday that it has brought on Debbie... Read More