Dealer news: Penske closes deal to acquire U.K.’s Rybrook Group

Penske Automotive Group has completed its acquisition of United Kingdom-based Rybrook Group Limited, a deal that adds 15 premium dealerships to the Penske portfolio. The deal includes four BMW dealerships — three of which also retail BMW Motorrad motorcycles — ... [Read More]


SYCN Auto Logistics chooses Lippel to be chief partnership officer

SYCN Auto Logistics is beginning the new year by filling a new executive role with a professional whose career includes involvement with automotive retail, rental and financing. The full-service auto transport management solution offering technology and transportation services appointed Brett ... [Read More]


Startup brings experienced marketplace leader on board

A startup automotive tech company has added an experienced hand. Adam Herrick, a longtime veteran of e-commerce in the auto industry, has joined Sell Your Car, Inc., a provider of automated vehicle valuation tools, as director of marketplace and product. ... [Read More]
new hire


PODCAST: Autonomy CEO Scott Painter returns to show

Autonomy founder and CEO Scott Painter returns to the Auto Remarketing Podcast for a wide-ranging discussion on electric vehicle accessibility and affordability, the insurance industry’s relationship to EVs and car subscriptions, Autonomy’s recent partnerships with Deloitte and others, plus much ... [Read More]


Wholesale vehicle values fall further than anticipated, but appear headed to normalcy, less volatility

Though still well above pre-pandemic levels, wholesale vehicle prices closed 2023 with a larger than expected (or typical) decline, capping a two-year run of downhill movement. That’s according to separate analyses released Monday by Cox Automotive and Black Book. Cox ... [Read More]