Podcasts about adesa

A quartet of auction executives discussed remarketing in the “innovation era” during this spring's Auto Intel Summit. Now available through this episode of the Auto Remarketing Podcast, addressing this topic were Greg Borowski of ACV Auctions, Nikki Behrens of ADESA, Joe Kichler of Cox Automotive and Chris Angelicchio of the ServNet Auction Group.

Shoot us a Text.Episode #1039: Today we're talking about Carvana's record-setting quarter and bold new goal, Ford's strategic price hikes post-tariffs, and why Google's stock took a beating after an Apple exec dropped a courtroom AI bomb.Show Notes with links:Carvana has bounced back in a major way, setting a new quarterly record for used-vehicle sales and showcasing the company's transformation from high-growth chaos to sustainable profitability, even amid looming tariff concerns.Q1 retail sales hit 133,898 units, up 46% year over year—beating their prior record by 16,000 vehicles.Net income reached $373M; revenue surged 38% to $4.2B.Tariffs caused a temporary demand bump, but Carvana is now focused on adapting inventory to price-sensitive consumer behavior.Carvana aims to sell 3 million vehicles annually within 5–10 years, targeting a 13.5% adjusted EBITDA margin by fully utilizing its existing infrastructure like ADESA megasites and inspection centers.CEO Ernie Garcia emphasized flexibility: “We've got significant margin to work with… and significant cash balances.”As the auto industry adjusts to newly announced tariffs, Ford is selectively increasing prices on several 2025 models while shielding current dealer inventory.Starting May 2, 2025 Mavericks, Bronco Sports, and Mach-Es (all produced in Mexico) will see MSRP increases of $600–$2,000, depending on trim and features.Existing stock and vehicles already in transit will keep their original sticker prices.Earlier this week, Ford withdrew its 2025 outlook, citing $1.5B in expected tariff-related earnings impact.Ford is one of the first major automakers to publicly respond to the impact of the tariffs with pricing strategy.“We can't forecast what we can't see,” said one executive privatelyIn a courtroom twist, an Apple executive may have confirmed Google's worst fear—that AI is starting to eat into its search dominance.Eddy Cue, Apple's services chief, testified that Safari searches dipped in April for the first time ever, likely due to users turning to AI tools like ChatGPT and Perplexity.Cue expects Apple will eventually add AI search engines as user-selectable options in Safari.The revelation came during Google's antitrust trial, where Apple disclosed it receives over $20B annually to keep Google the default.Google stock fell more than 7% following Cue's testimony, wiping out tens of billions in market cap. They responded by saying “we continue to see overall query growth,” especially from Apple platforms.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

Shoot us a Text.It's a busy week around the ASOTU halls as we're in Florida for MRC and then Virginia for MTC. Today we're covering how Carvana is scaling its capacity through the ADESA auction network, how Teslas topped a study on the most fatal cars on the road and the tech hiring slowdown.AnnouncementUpcoming ASOTU Edge Webinar on Friday November 22nd at 2PM: Essential Techniques for Digital Merchandising Success with our friends at CarCutter. Daniel Able and Brian Free, former VP of Digital Marketing at Autonation will be guestsMRC Nov 16-17 — CMA MTC Shoot Nov 18-20Show Notes with links:Carvana is reimagining its operations through strategic integrations of the ADESA auction network, emphasizing vertical integration and expansion.The used car retailer has converted 3 ADESA sites into multifunctional hubs in 2024, with plans for a 6th site by year-end and introduced Carli, a vehicle tracking system optimizing reconditioning and inventory management.Carvana has increased retail gross profit per vehicle to $3,497 in Q3 2024, up 30% year over year.CEO Ernie Garcia highlights the company's capacity for processing 3 million vehicles annually with minimal capital expenditure."Adding capacity without significant time or expense — that's the key to efficient growth," says Christina Keiser, Carvana EVP of Strategy.A recent iSeeCars study revealed that Tesla vehicles had the highest fatal crash rates among automakers in the U.S., raising questions about how they were driven and their design.Teslas led with 5.6 deaths per billion miles driven, double the industry average of 2.8. Kia (5.5) and Buick (4.8) followed as other high-fatality automakers.The Tesla Model Y recorded a 10.6 fatal crash rate, nearly five times the SUV average, while the Model S rate was twice the average at 5.8.Despite these figures, Teslas scored highly in IIHS and NHTSA crash tests.Analyst Karl Brauer linked the high rates to driver behavior: “The biggest contributor to occupant safety is avoiding a crash...and the biggest factor in crash avoidance is driver behavior.”The post-pandemic hiring landscape reveals a sharp slowdown in tech roles, with oversupply, automation, and changing priorities leaving many professionals facing a white-collar recession.White-collar roles like IT, engineering, and marketing fell 20%-32% from 2018-2024AI tools, like ChatGPT, have enhanced productivity, reducing the need for new hires in roles such as coding, where efficiency has skyrocketed.Sectors like healthcare bucked the trend, increasing hiring by 10% to address burnout and staffing shortages, while social services remained stable.Job openings now receive an average of 222 applications—nearly three times as many as at the end of 2021, overwhelming companies and making it harder for candidates to stand out.Job searches are taking longer, averagingHosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

Shoot us a Text.Happy Halloween! It's the last day of the month, and we're tracking how Carvana has managed to continue its used car growth. Plus, we cover how Ford is slowing down its production of the F-150 Lightning and Starbucks getting rid of extra fees for non-dairy milk.Show Notes with links:Shout out to our friends at UVeye! Their AI-driven automated vehicle inspection has earned a spot on TIME's prestigious 2024 Best Inventions list, showcasing innovations that transform daily life.TIME recognized its impact on safety, reliability, and transparency in inspections.Carvana posted a strong Q3 net income, impressing Wall Street despite an 80% decline from last year's figures.Net income hit $148 million, up 208% from Q2 but down from Q3 2023's $741 million.Vehicle sales rose to 108,651, up 34% year-over-year and 7.1% over Q2.Operating income reached a record $337 million, a 602% year-over-year increase.Gross profit per vehicle climbed 25%, supported by reduced costs and faster sales.CEO Ernie Garcia praised the "efficient growth" from Carvana's ADESA network expansion, enhancing cost efficiency and customer experience.Brian Kramer called it a “MONSTER finish” for Q3, crediting the company's disciplined acquisition and inventory management strategies. He attributed the rise in sales and gross profit to more accurate appraisal estimates, quicker sales, and higher margins on consumer-sourced inventory.Ford is pausing F-150 Lightning production for seven weeks, from mid-November to early January, responding to slower-than-expected demand for the electric pickup.Production will stop on Nov. 15, resuming on Jan. 6 after a holiday break, as Ford adjusts to find a better mix for sales growth and profitability.Despite an 86% year-to-date sales increase through September, the Lightning lost its title as the nation's best-selling electric truck to Tesla's Cybertruck.Ford's supply of electric models remains high: a 100-day supply of F-150s, 130 days of the Mustang Mach-E, and 128 days of E-Transit vans as of September, per Cox Automotive.CEO Jim Farley remains optimistic about Ford's long-term EV strategy but acknowledges “the slow uptake of EVs,” emphasizing the company's pivot to more affordable EV platforms in the coming years: “I wouldn't trade [our strategy] for any of our competitors.”Starbucks is giving nondairy milk fans a break by dropping the extra fee for nondairy milk customizations starting Nov. 7.The change coincides with Starbucks' holiday menu launch and customers can now enjoy soy, oat, almond, or coconut milk without added costs.CEO Brian Niccol says the shift supports Starbucks' culture of drink personalization.Nondairy milk customizations are the second-most-popular modification, just after extra espresso shots.Customers could see a 10% pHosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

Shoot us a Text.We're rolling through the middle of the week, and holding our breath as we wait to see how hard Milton will hit Florida. Plus, we debate whether Tesla can deliver on its robotaxi promise and talk about Spirit Halloween turning into Spirit Christmas.Show Notes with links:Several wholesale auto auctions and dealerships in Florida closed on October 8 and 9 due to the impending arrival of Hurricane Milton. It is hovering between Category 4 and 5 and is expected to make landfall overnight tonight.CarMax closed five stores in Tampa, Fort Myers, Naples, Bradenton, and Clearwater.Penske Automotive Group took similar precautions, securing properties and allowing staff to safeguard their families.Major auto auctions, including ADESA and Manheim, canceled sales and closed locations.“We are working with our team members so they can secure their properties and take care of family,” said Tony Pordon of Penske.As Tesla gears up for its ‘We, Robot' event, expectations remain low for the unveiling of a new dedicated robotaxi. While the company promises a bold, self-driving future, many are uncertain about its near-term potential.Tesla plans to reveal an autonomous vehicle with no steering wheel or pedals, designed specifically for self-driving.Despite years of development, Tesla's Full Self-Driving (FSD) program still faces significant limitations, averaging just 120 miles between disengagements.Analysts point out that competitors like Waymo and Cruise already operate functional robotaxi services in the U.S., while Tesla lags behind.Ronald Jewsikow of Guggenheim Securities doubts Tesla will present a viable commercialization path within the next 12 to 24 months.Adam Jonas of Morgan Stanley believes Tesla will take a "dual approach," offering both fully autonomous and supervised rideshare services by 2025-2026.Spirit Halloween, known for its popular pop-up stores, is testing a new concept—Spirit Christmas—by opening 10 holiday-themed stores across the northeastern U.S.The new stores will focus on festive decor and live Santa Claus experiences, offering free digital photos for visitors.Spirit Christmas revives an idea tested in the 1990s and mid-2000s but discontinued after mixed results.Locations include cities in Connecticut, New Jersey, New York, and Pennsylvania, many previously home to Spirit Halloween stores.Spirit Halloween is the most successful pop-up retail chain, expecting a record year with 50,000 seasonal workers and 1,525 stores, up from 40,000 staff and 1,500 locations last year.This holiday retail venture comes as consumer spending is projected to grow modestly, with stronger gains expected in e-commerce.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

Shoot us a Text.It's the fifth Friday of the month heading into a holiday weekend, and we are covering how Carvana is launching a megasite, the latest on dealership buy/sell trends from Haig Partners, and a dealership delivery that ended in an arrest.Show Notes with links:Carvana is transforming the ADESA Kansas City location into its first "megasite," blending auto auctions with vehicle inspection and reconditioning. This move is set to create 200 new jobs in Belton, Missouri, further expanding Carvana's retail and wholesale operations.The megasite model is unique to Kansas City; other locations like ADESA Buffalo and Portland will remain online-only auctions, even though they were previously announced as incorporating recon operations.Carvana acquired the 56-site ADESA network in 2022 and is now integrating it into its operational infrastructure.The site began operations in August, with roles including technicians and logistics associates.Brian Boyd, SVP of Inventory at Carvana, stated, “As Carvana transitions to its long-term phase of driving profitable growth, we are excited to further tap into the power of our infrastructure by bringing inspection and reconditioning capabilities to more ADESA sites."Haig Partners has released its Q2 2024 Haig Report®, detailing a shift in the auto retail marketplace from record profits and high dealership values. The report highlights a 32% decline in dealership profits and evolving trends in buy-sell transactions.Average dealership pre-tax income in Q2 2024 was $1.0M, a 35% drop from Q2 2023.The number of dealerships sold in Q2 2024 is on track to decline 11% from 2023, but 2024 is still on track to be the 4th most active year for buy/sells.Blue sky values remain elevated but are down 11% from the end of 2023, still more than double pre-pandemic levels.Public auto retailers significantly reduced spending on domestic dealerships, with Lithia being the only active buyer.Quote from Alan Haig - “We know that many dealers who wanted to grow were sitting on the sidelines over the past few years as they waited for prices to fall. Now is the time to get up!”A viral TikTok video from Gossett Kia in Memphis shows a seemingly typical vehicle delivery that takes a surprising turn when the customer is arrested for identity theft.The customer, William Hayes, 63, faces charges of forgery and attempted theft, accused of using a deceased person's identity to fraudulently buy two Kia Tellurides worth $158,885.The video begins with the usual celebratory scene of a car purchase, including applause and congratulations, then abruptly cuts to the customer being handcuffed by police.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

Shoot us a Text.Welcome to a brand new week as we welcome Steve Greenfield as a guest host. Today we're covering how the publics are adapting to the “new normal" and dive into Elon Musk's Telsa pay package.Show Notes with links:The booming revenue period during the pandemic is fading, leaving dealerships to adapt to a "new normal" marked by high interest rates and rising inventories. Asbury Automotive Group: Acquired Larry H. Miller Dealerships and Jim Koons Automotive Cos., integrating the new F&I products across its stores. Asbury generated $14.8 billion in revenue in 2023 and expects to complete the integration by the end of the year.AutoNation Inc.: Focused on diversifying operations with acquisitions like RepairSmith and expanding its e-commerce parts business. The company launched autonationparts.com and remains selective with mergers and acquisitions.CarMax Inc.: Extended its goal to sell 2 million vehicles annually to 2030, opened five new stores, and faced challenges in the used-car market. The company reported a 5.2% drop in retail vehicle sales and a 6.6% decline in wholesale sales in fiscal 2024.Carvana Co.: Reported a net profit with a 17% increase in revenue, focusing on leveraging ADESA auction sites for growth. Carvana plans to convert more ADESA sites into inspection and reconditioning facilities.Tesla shareholders have affirmed Elon Musk's multibillion-dollar compensation package, ensuring his position atop the world's most valuable automaker. However, Tesla faces legal challenges over the 2018 stock-option deal, now valued at $48 billion.Elon Musk's stock-option deal passed in 2018, now worth $48 billion, is facing legal opposition.Musk celebrated with on-stage antics and ambitious visions, including billions of humanoid robots and a $30 trillion valuation for Tesla.Despite challenges, Tesla's Model Y was the top-selling vehicle worldwide in 2023, marking the first time an EV led global rankings.ARK Invest predicts Tesla's share price will reach $2,600 by 2029, with robotaxi business driving nearly 90% of the company's value."Old Elon had returned," exclaimed a Tesla shareholder, thrilled by Musk's renewed enthusiasm and bold projections.Comment from Automotive Ventures weekly email: Tesla's core business is faltering, and Elon Musk's hype has barreled past the boundaries of outright fantasy, damaging the company's reputation and entangling it in legal battlesEarned the comment from one user highlighted in AV email: “You are an embarrassment Steve Greenfield. Turns out you don't know much about this pay package deal. People are fools listening to you. Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

It's Thursday and we're talking about Carvana's strategic pivot from growth to efficiency. We're also talking about Rivian's leaked release details of today's R2 dropShow Notes with links:As the market continues to tighten, Carvana CEO Ernie Garcia is leading the company in a strategic pivot from growth-focus to focusing on unit economics, emphasizing execution in scaling operations"When that investor support evaporated and we clearly had to be capital independent, it forced us to basically reverse those priorities," said Garcia, who spoke Monday at a technology, media and telecom conference held by investment banking firm Morgan Stanley.”The company aims to sell more vehicles in Q1 2024, focusing on stability and cost reduction, especially in logisticsGarcia identifies Carvana's logistics network as a key area for reducing costs, pointing out potential savings in vehicle transport by leveraging newly acquired ADESA reconditioning centers. Additionally, Carvana aims to enhance gross profit through smarter credit pricing and strategic vehicle acquisitions.Garcia sees electric vehicles as a significant opportunity, with Carvana having a larger market share in EVs than in ICE vehicles."We couldn't ask to be in a better spot," Garcia optimistically notes, despite acknowledging the challenges ahead.Internet sleuths have given us an early glimpse at the Rivian R2's specs, revealing exciting details ahead of its official unveiling today.The R2 is poised to offer up to a 330-mile range and a starting price of $47,000, aiming for a 2026 market debut.Expect a zippy three-second 0 to 60 mph acceleration from this compact SUV, although likely reserved for the top-tier models.It's designed as a five-seater with a 115.6-inch wheelbase, and comes with features like a powered rear glass and a tool-less bike mount.Rivian's CEO, RJ Scaringe, hints at a vehicle that's both smaller and more affordable than the R1, aligning with financial forecasts.Amidst the anticipation, Rivian faces workforce reductions, with about 100 employees laid off at its Normal, IL factory, underscoring ongoing challenges.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion

Next up on our NAAA 75th series commemorating the diamond anniversary of the National Auto Auction Association is a conversation with Jack Neshe, general manager of ADESA Boston. Neshe, who was the 2013-2014 president of NAAA, talks with Cherokee Media Group senior editor Joe Overby about the importance of trade groups, how NAAA helped his career, his time in association leadership roles and much more.

ADESA chief economist Tom Kontos returns to the Auto Remarketing Podcast for a wide-ranging conversation with Cherokee Media Group's Nick Zulovich. Kontos shared his views on wholesale values, interest rates and whether the used-car industry needs only routine maintenance or a major overhaul.

Guillermo Moreno propuso en Higuey que se honrara a las madres dominicanas garantizando sus derechos, más que válido el planteamiento pero no hemos llegado ahí. El gobierno dominicano ha anunciado que un millón de madres de escasos recursos recibirán un cariñito de 1500 pesos con motivo del día de las madres y eso refleja nuestra realidad. No estamos en la edad de piedra pero no hemos salido de la edad de bronce. Los estímulos económicos y las transferencias condicionadas son un esquema que se ha desarrollado en países como los nuestros como parte de políticas públicas desde hace 20 años. El Brasil de LULA y Dilma es el mejor ejemplo. Países como Japón donde la población tiene un alto nivel de educación y una fuerte cultura de ahorro realizan periódicas campañas para obligar al gasto de su población y con ello movilizar su economía. Pero estamos lejos de ser Japón. Los 1500 millones de pesos que se entregarán como cariño a las madres se quedarán en el comercio y en si no es malo. Lo que no sé si es bueno es privilegiar una política de gasto en un pueblo necesitado de inversiones en áreas vitales. 1500 millones de pesos son un hospital municipal o dos. 1500 millones de pesos pueden ser varias unidades de atención primaria. Hace 20 años cuando inició el cambio en el sistema de salud se estableció la necesidad de disponer de un mínimo de 5 mil unidades de atención primaria que debe ser la puerta de entrada al sistema de salud. Un estudio de ADESA de hace dos años indica que al momento había en funcionamiento 1500 UNAP y que de ellas 500 eran una silla y una mesa y quizás una enfermera. Yo no sé en que derechos estaban pensando Guillermo cuando hablaba de celebrar el día de las madres respetando derechos pero se me ocurrió pensar en el derecho a la salud de madres, hijos e hijas. Las madres que recibirán los 1500 pesos son las beneficiarias de los programas sociales del gobierno, esas que tienen que pasar largas horas para recibir servicios salud y que son el 72% de quienes acuden a los hospitales públicos. Se van a poner muy contentas con su bono del domingo y el lunes amanecerán en la realidad de la precariedad. Por demás a un año de las elecciones entregar un cariño de 1500 millones pareciera uso de los recursos públicos para promoción electoral. No lo es ni deja de serlo. Por lo menos podemos decir que el gobierno dará cariño con el dinero ajeno.

In this special episode of the Auto Remarketing Podcast, we feature the High Performance Auto Auctions panel discussion from Used Car Week in November in San Diego. Moderated by Cherokee Media Group's Bill Zadeits, this panel featured: Tommy Rogers of BSC America, David Andrews of Dealers Auto Auction Group, Matt Trapp of Manheim, John Hammer of ADESA and Sawyer Walker of America's Auto Auction Group.

Tra le varie missioni del PNRR il rispetto per l'ambiente e la sostenibilità economica dei progetti sono due dei principali obiettivi, per i quali sono stati allocati diversi miliardi di euro.In questa puntata approfondiamo il tema della progettazione sostenibile in ottica PNRR e lo facciamo con l'Ing. Paolo Odorizzi, Research and Innovation General Manager di Harpaceas.Questi i temi trattati:- Il ruolo della digitalizzazione nella progettazione sostenibile;- Il team Research & Innovation di Harpaceas;- I progetti realizzati: AdESA, SAMBA e 7DeGreen;- Digital Twin, sensoristica, intelligenza artificiale...

We're rounding out the week with Carvana's Q2 performance and integration of ADESA, as well as general retail traffic increasing in shopping malls leading to tenants moving in. We also talk about a substantially more powerful sensor for autonomous vehicle operation. Carvana posts substantial $439M Q2 loss citing high used-vehicle prices, rising interest rates and other macroeconomic pressuresLess than $506M Q1 loss but way less than $45M profit YoYRevenue up 16%, Units up 9% to 117,564Profit per unit down 34%  $5120 to $3368In May, the company said it would dismiss 2,500 employees (12% of team) and top executives would forgo their salaries through end of 2022First half loss this year $945M vs $37M last yearRealized first returns from ADESA integration and CEO Ernie Garcia is “extremely happy with [its] integration progress so far."Embedding market hubs in 18 ADESSA locations and shifting some recon into ADESA locations, closed one recon center in Ohio and opening one in Richmond, VAStock up 13% in pre-market tradingRetailer's continue moving into malls across the countryAccording to the largest Mall Operator in the country Simon Property Group (SPG) retailers are not backing out of deals to open up storestenant occupancy rate is even up year-over-year, currently at 93.9 percent over 2021's 91.8 percent.Better than usual lease terms in cost and term flexibilityOnline stores moving into Brick and Mortar, lux brands moving into suburbs with smaller versions of flagship stores as luxury buyers remain strongFoot traffic is up 1.7 over last year but still below pre-pandemic highsThis year there has been a net increase of 2,478 stores in the U.S., with 4,432 openings and only 1,945 closings, according to Coresight Research as reported by CNBC.New autonomous driving tech can see around cornersNeural Propulsion SystemsAtomicSense PlatformHuman error causes 95% of car accidents The theory is if a system can see and process object from far enough away, they can be eliminatedThis requires a data acquisition and processing rate of 100 terabits per second—that's 10 million times the estimated sensory data rate flowing from your eyes to your brain when you're not drunk or distracted.combo of multiband radar, MIMO lidar, cameras, and "atomic-norm" computingCombines solid-state array consisting of multiple laser emitters and receivers, each focused on a small area able to identify small objects at 540 yardsA bicycle was identified at 1,285 feetProduction anticipated for 2023The current state of the auto industry for beginners - great video to get the broad, retail perspective on the industry if you want to learn or to show family and friends if they are curious.Get the Daily Push Back email at https://www.asotu.com/Rock with us LIVE at ASOTU CON! Tickets: https://www.asotucon.comJOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/Read our most recent email at: https://www.asotu.com/media/push-back-emailShare your positive dealer stories: https://www.asotu.com/positivityASOTU Instagram: https://www.instagram.com/automotivestateoftheunion

En República Dominicana no hay un sistema de salud que responda a las necesidades de la mayoría y por eso marcha el Colegio Médico. El proceso de privatización de la salud inició en la década del 90 y han pasado cuatro administraciones que incluyen a Hipolito Mejía, Leonel Fernández, Danilo Medina y Luis Abinader sin que aparentemente nadie intente poner el cáscabel al gato. El mal es de fondo. Fuentes de entero crédito dan cuenta de que el gremio de los médicos se reunió hace varias semanas con el propio presidente de la República sin que la reunión tuviera resultados tangibles. Quizá por eso la marcha de ayer. Entendidos del sector salud consideran que el equipo de salud del gobierno de Abinader no alcanza al entender el problema o quizá simplemente no alcanza a verlo. El régimen de salud privatizado ha quebrado las clínicas tradicionales y depauperado a los profesionales de la salud. La medicina convertida en u n gran negocio está en manos de un sector financiero sin hiel que obliga a quien tiene un seguro conttributivo a pagar el 42 por ciento de su gasto en salud. Las ARS se meten millones en los bolsillos cada día. El gobierno de Abinader se ufana de haber integrado a millones al régimen subsidiado pero en ese régimen hay que acudir a hospitales con servicio precario y caracterizado por el desorden. En esto ultimo también participa el personal de salud. En este momento en la capital solo hay dos hospitales generales públicos en servicio el Salvador B Gautier y el Moscoso Puello. El Morgan y el Padre Billini continúan Cerrrados se dice que por el interés de sumarlo al espacio de privatización. Un estudio reciente de ADESA indica las precariedades de 50 hospitales municipales. En más de la mitad de ellos no hay rayos x una tecnología del siglo 19. Siendo que los hospitales municipales o de segundo nivel no tienen capacidad de resolución todo el drama humano de la enfermedad recae en el tercer nivel. Eso no ha funcionado en ningún lugar del mundo y no funcionara aquí. El gobierno está mas preocupado por la imagen que por el problema real del sector. O definen una política o declaran el salvese quien pueda

In this episode of the Used Car Dealer Podcast, Zach interviews Bob Hollenshead, the CEO & Founder of Accu-Trade, one of the largest used car wholesalers in the United States, and a serial entrepreneur. Zach and Bob discuss the current used car market wholesale conditions, Carvana, and the future outlook of the used car marketplace. Some of the questions asked include: 1) So, Bob, we still have a supply chain challenge this year, what has been your view of this 2022 used car marketplace thus far and where are we headed? 2) During the pandemic many dealers started leveraging online wholesale platforms, do you see dealers starting to come back to physical auctions as mask + early COVID restrictions are gone? What are your thoughts longer term on online versus being physically at an auction lane?  3) What are your thoughts on Carvana acquiring the physical auction assets of Adessa from KAR? What's this mean for used car dealers? 4) If you are a small to mid-size used car dealer listening to this podcast, what advice would you give them in terms of how they should think about buying and holding used inventory right now? 5) One of the popular features of a Vroom or a Carvana website/digital retail experience is the, ”sell us your car” feature where you enter a VIN or DL plate number and they give you an instant cash offer. When we last spoke you told me you invented this concept at a previous company (Buybook). Talk about the importance of having this on your dealer website as many used car dealers do not? How has this technology evolved over the past couple years?Listen to our other podcast episodes: https://www.sellyautomotive.com/podcastTranscribe of this podcast - https://blog.sellyautomotive.com/blog/interview-with-bob-hollenshead-on-wholesale-market-carvana-acquisition-of-adesa-and-more

Carvana continues to shake up the used car industry with its pending purchase of ADESA, the nation's 2nd largest automotive wholesale auction house.  See why buying a used car is no longer business as usual. 

It's a beautiful Monday to make some trouble as we give our quick takes from the recently released Annual NADA Franchise report. We also talk about what Toyota and Nissan are up to in the metaverse as well as the impending closing of Carvana's acquisition of Adessa and what that might mean for the popularity of the country's second largest auction house. Annual NADA Retail Franchise ReportStreet purchases up 2xCost/sale on the riseNew vehicle supply under 25 daysOver 271M Repair Orders written1,055,400 Dealership Employees (avg 63) (pg 17)$8.9B ad spend (63.6 internet, 12.4 tv, 9.8 radio, 8.2 direct mail, 4.5 newspaper (pg 16)2019 $9.25B , 2020 $7.48B, 2021 $8.19B  (pg 15)Avg per unit: 2019 $640, 2020 $582, 2021 $602Toyota and Nissan create virtual experiences in the MetaverseToyota is leaning toward virtual workspace environments, catering to younger employeesNissan is focusing on virtual vehicle launches and consumer experiencesSome Buyers and Sellers Abandoning Adessa after Carvana Acquisition Lithia CEO Bryan DeBoer, during last week's first-quarter earnings call, believes seven manufacturers recently pulled vehicles from ADESA. Automotive News confirmed that Toyota Financial Services chose to end its relationship with ADESA effective April 1, a spokesman said.Erine Garcia acknowledged "small handful of both buyers and sellers" have chosen to leaveAdding the ADESA sites would nearly double the volume of vehicles Carvana can process to as many as 2 million vehicles a year, the company saidDeal is scheduled to close in MayGet the ASOTU Daily Push Back email at https://www.asotu.com/Listen to other episodes: https://www.asotu.com/media/podcastsRead the most recent Daily Push Back email at: https://www.asotu.com/media/push-back-emailShare positive dealer stories: https://www.asotu.com/positivity------------------------------------------------------------------ For all Things ASOTU Check out our Socials Website: https://www.asotu.com/ Instagram: https://www.instagram.com/automotivestateoftheunion/ Twitter: https://twitter.com/asotu_ Tik Tok: https://www.tiktok.com/@ASOTU FaceBook: https://www.facebook.com/automotivestateoftheunion Pinterest: https://www.pinterest.com/automotivestateoftheunion/_created/ 

I dig into the auto industry with Applico Managing Director Nick Johnson! We start off with a big announcement concerning Applico Capital and the LatAm auto market. Next, Carvana's purchase of ADESA is analyzed as Nick and I breakdown why the digital enabled car retailer might want to own a B2B auction provider. We finish off the episode looking at how some auto manufactures are leaning towards direct to consumer sales. 00:00 - Subscribe and Fight Big Tech 00:29 - Investing in Curbo 05:43 - Carvana Acquires Auction Company ADESA 11:54 - Automakers Go Direct #Automakers #Carvana #Applico

This week, Bob talks about the recent acquisition of Adesa U.S. by Carvana.

WILL MORRIS (THE CAR AUCTION COACH) JOINS TY ON CARS ON THE MOVE TO DISCUSS CARVANA BUYING ADESA NEWS AND HOW THAT AFFECTS MANHEIM, VROOM, INDEPENDENT AUTO AUCTIONS, CAR DEALERS, CAR HAULERS - AND THE INDUSTRY AS A WHOLE. This is Cars On The Move on ATI.

On discute de l'acquisition d'ADESA par Carvana, de procrastination lorsqu'on crée du contenu et de l'annonce de Ford (Ford Model E et Ford Blue)

Carvana, the online used car marketplace, has agreed to buy Kar Global's Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a network of physical sites that could help bolster operations.

THURSDAY, FEBRUARY 24TH, MARKS THE DAY IN AUTOMOTIVE WHEN DEALERS, CONSIGNERS, CARRIERS, AND BUYERS, SAW THAT ANYTHING CAN CHANGE IN OUR INDUSTRY. (It's that Vroom commercial moment when reality does a 180 vertical flip). This is Cars On The Move on ATI.

We. Have. Thoughts. When Carvana jumps into the dealer space by taking control of one of the largest auction houses in the country, there is no doubt dealers will be pulling out their microscopes on the platform. We also welcome Patrick Abad to the podcast and are talking about how he leans into community and culture at his store.Carvana/KAR Global to Acquire ADESA for $2.2BADESA US will expand Carvana's annual production by 2M to over 3M78% of the US population will be within 100 miles of a Carvana inspection and reconditioning center once ADESA's 56 US sites join the fold.Carvana has received financing of up to $3.275B for the purchase and $1B in improvements across the sites.Four thousand five hundred corporate and operation team members will transition once the deal is complete.Beaver Toyota Cumming celebrates local communityTrips for local law enforcementForsythe County business awardsFrictions Points in DealershipSign up for the ASOTU Daily Push Back email at https://www.asotu.com/Listen to other episodes: https://www.asotu.com/media/podcastsRead the most recent Daily Push Back email at: https://www.asotu.com/media/push-back-emailShare positive dealer stories: https://www.asotu.com/positivity

In this episode, Carvana buys KAR Global's US auction house, ADESA. Volvo says EVs will increase production. And, I talk about the month-end scramble. Mike Talks Cars is a daily sales training podcast addressing current news, quick updates on new vehicles, and something from this Automotive Trainer that you can do to take your Sales skills to the next level. New mini-episodes, like this one, will be available Monday - Friday by 1 PM Eastern time. Subscribe and join me for this quick run through the Automotive world. I am your host, Mike Little, and have spent my career training Sales Consultants and Managers on how to create and deliver world-class Customer Experiences. You can find more from me on my website protraininggroup.ca, and on YouTube. --- Send in a voice message: https://anchor.fm/mike-talks-cars/message

Principais reclamações da categoria é com o preço do combustível e piso mínimo para frete.

In this episode of the Used Car Dealer podcast, Zach Klempf interviews Justin Davis Co-Founder of BacklotCars which was recently acquired by KAR Global a publicly traded company. Since joining KAR, Davis has led the successful integration of BacklotCars and TradeRev, combining all U.S. users onto one streamlined platform and digital dealer-to-dealer marketplace. Davis and his team lean in to their entrepreneurial roots, aiming to deliver a simple and intuitive solution that helps dealers conveniently sell and buy used vehicles on their own schedule, with most deals closing in under one day. Some of the questions asked include: Q) So let’s get started and for those of us listening talk about how you got into the car business and the experiences that led you to found BacklotCars? Q) How impactful was coming out to the Bay area and participating in the 500 startups program for your companies growth? Q) 2020 was a roller coaster of a year for dealers, talk to me about what you observed from your lens at BacklotCars and the way dealers shifted to wholesale 100% online? Q) How does Backlot’s platform differentiate from online wholesale competitors? Q) Post 2021, do you see in-person versus online wholesale coming back for dealers?  Q) What advice do you have for independent dealers when it comes to getting started working with an online wholesale company like Backlot? Q) Two auto trends have taken mindshare last year and wanted to get your thoughts on them: online dealers like Carvana and Vroom who have gone public and subscription services for automotive. What are your thoughts on these two trends? Q) What are KAR Global’s predictions for 2021 and what’s coming down the pipeline? Q) What has BacklotCars’ integration into KAR Global been like from a process standpoint? Q)What is BacklotCars doing that uniquely helps independent dealers? Listen to our other podcast episodes: https://www.sellyautomotive.com/podcast Read the transcribe of this episode - https://blog.sellyautomotive.com/blog/justin-davis-of-backlot-cars-on-online-wholesale-and-used-cars

Eduardo Leite (PSDB) participou de reunião com Bruno Funchal, secretário especial da Fazenda, para discutir adesão do estado ao Regime de Recuperação Fiscal.

O processo de adesão ao RET, Regime Especial de Tributação, é fundamental. Se feito corretamente, a Incorporadora ganha um ótimo benefício tributário. Se for mal feito, os riscos fiscais podem custar caro.

In this episode we start define what it means to live in Adesa/the Paxon of the important steps to doing just that.

Cada año las ARS reconocen sus enormes ganancias. Si no la publicaran ellos la superintendencia lo haría, por eso no declaran pérdidas. El negocio de la salud debe ser uno de los más prósperos de este país y si usted lo duda mire los edificios que han construidos esos monstruos que crecen en la misma proporción que niegan servicios a los usuarios presos de un sistema de los que no se pueden safar. Hace 8 años que debió revisarse la ley de seguridad social pero nadie habla de eso. No hay legislador interesado. Este pueblo paga más del 42% de su gasto en salud. Según ADESA el gasto en salud de los hogares dominicanos duplica la inversión pública en esa área. La población gasta, el gobierno invierte y las ARS hacen negocio. Yo no sé si anunciar que las ARS no pagarán el 100 por ciento de los servicios por covid es noticia. Quizá debe ser que el gobierno dejará de asumir el copago por el que le adeuda 4 mil millones de pesos a esos negocios.

You can't change something. In a retail market, there is the possibility of a higher price by adding warranty, better location, etc. Dealers can't hide vehicle characteristics. The full story will be revealed. In order to get market value for your home, it needs to be in tip top shape. (( Tune into this episode and many others on YouTube. ))The probability of you making money in the wholesale market is not the same as it is in the retail market. The same commodity... cars. Different probability of luck in the marketplace. How to interpret full retail data so you can understand the true value of every VIN. Understand the pedigree of the car when you acquire it so you always have an exit strategy. Dealers can leverage tools and common sense around how deep you're going to go into a unit. Has it been exposed to the broader market? You're not picking something up from the shop by buying a retail ready piece. What's going to happen when you don't sell it? You don't have an exit strategy or curb appeal. If you know where a car has been on the retail market, why do you believe you can get more for it? Reveal where the vehicle has been and for how long. See current days on market of any VIN in North America with Accu-Trade. Watch live auctions using the VIN-dow extension so you never buy a unit without knowing it's current in market retail status. Leverage retail market knowledge to play smart in your market. If we go into another shut down, people will go back to needing cars. Desirability of some vehicles will not go up until scarcity sets in and the factories shut down again... if that happens. If you were able to buy cars with a wholesale exit strategy available on every one... your used car lot would never be stale. IF you get caught in a market shift and you have to If your retail inventory is jammed with cars that haven't sold in 60 plus days, and a customer drives one in to trade. You have to buy the car with a wholesale strategy in mind. You won't be able to sell it if you haven't been able to sell the other ones you bought.How to create desirability around a unit to make it appealing enough for competitive interest? In the lanes or between the sales people at your dealership. If you're buying cars online, can you ensure that it hasn't been in the market for the last 365 days? Check your retail history to understand how many customers have already seen it on the market.  Get the VIN-Dow Chrome Extension for any online auction, Adesa, Manheim, EBlock, TradeRev, CarGurus, BackLots, vAuto. Free to all Accu-Trade subscribers.  The VIN-dow Podcast is brought to you by Accu-Trade. Do you want to improve your vehicle acquisitions with transactional transparency for your customers? What about the trade-in process? Developed by the largest independent wholesale dealer in history, Robert Hollenshead. It's the same tool they use every day to do their job. Every lesson learned from over $20 Billion in transactions and 900 cumulative years in wholesale is built into the platform. All made easy to understand and available for anyone to use.Robert Hollenshead is a serial entrepreneur, the World's Largest Automotive wholesaler (R. Hollenshead Auto Sales) and visionary behind disruptive automotive industry solutions such as: Accu-Trade: www.accu-trade.comGalves Market Data: https://www.galves.com/MADE Logistics: https://made-logistics.com/Headstart VMS, LLC: https://www.rhollensheadautosales.com/headstartvms/MADE Financial: https://www.rhollensheadautosales.com/made-financial/AutoMoto Social: https://www.automotosocial.com/AutoMoto HR: https://www.automotohr.com/WreckCheck.com: https://www.wreckcheck.com/PuroClenz: https://puroclenz.comRobert has been and continues to be a game-changing thought leader in the way vehicles are bought and sold today.

John Hammer, who is chief commercial officer of KAR Global and president of ADESA, and Steve Jordan, who is KAR's executive vice president of dealer sales, talk with Auto Remarketing's Joe Overby about the digitization of wholesale, dealer-related projects KAR has in store and much more.

Adesa D. Ona and I go through an extensive summary of the well-known relationship book, "Relationship Goals" by Michael Todd. We take off with Chapter 1 as the base and actually show the real connection in context. Listen in on our first (second now) episode as we uncover #relationshipgoals. Welcome to The PLAYRoom. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/wedontplay/message

EP002 - Senior Editor of Auto Remarketing & Auto Remarketing Canada, Joe Overby http://www.vehicle2.getspiffy.com Episode 2 is an interview with Joe, Senior Editor of Auto Remarketing & Auto Remarketing Canada; recorded on Wednesday, March 6th, 2019. He and Scot discuss a variety of topics, including: Joe’s position at Auto Remarketing Vehicle lifecycle - how people are buying and selling cars How changing ownership models (car-sharing, subscriptions) are influencing rental car agencies and dealerships The evolution of automotive auction, both physical and digital The progression of technologies for more connected cars Affordability of electric vehicles, as well as the availability of used EVs Slow down in autonomous vehicle hype It looks like dealers, auto auction companies (KAR/Cox) and rental car companies are on a collision course around the fleet maintenance/reconditioning/remarketing space Be sure to follow Joe on LinkedIn! Check out the multiple events hosted by Auto Remarketing and Auto Remarketing Canada, such as the Auto Intel Summit and Used Car Week. If you enjoyed this episode, please write us a review on iTunes! The four pillars of Vehicle 2.0 are electrification, connectivity, autonomy, and changing ownership models. In the Vehicle 2.0 Podcast, we will look at the future of the auto industry through guest expert interviews, deep dives into specific topics, news coverage, and hot takes with instant analysis on what the latest breaking news means for today and in time to come. This episode was produced and sound engineered by Jackson Balling, and hosted by Scot Wingo.   Transcript:   Scot: [01:01] Welcome to the vehicle 2.0 Podcast. This is our second episode and it's being recorded Wednesday, March 6th, 2019. In this episode we have our first guest and I'll give you a little background. So here at Spiffy we are doing a lot of work at automobile auctions. It's a whole industry I've always heard about but never had experienced. So I was, I was reading online at a great site called Auto Remarketing and I kept seeing some content there by a guy named Joe Overby. And I said, "Wow, I've got to meet this guy some time" and went to his bio and discovered he is here local. So Joe is going to be our first guest here on the show.   Joe: [01:37] Scot, thanks for having me.   Scot: [01:38] Yeah. When we have 500 shows out, you'll, this'll be, you'll put it on your resume.   Joe: [01:42] That's right, first ever guest on Vehicle 2.0.   Scot: [01:43] Yes. We really appreciate it. And you're the senior editor of Auto Remarketing and Auto Remarketing Canada. So that's interesting. So you speak Canadian apparently as well as English.   Joe: [01:56] I try to. My southern accent, a little bit, gets in the way.   Scot: [01:59] Is that on your title? So you can go get some of the delicious Canadian beer or?   Joe: [02:04] You have delicious, delicious Canadian beer and they have the gravy fries, which are out of this world.   Scot: [02:11] Yeah. Yummy.   Joe: [02:12] Going up there in two weeks for that.   Scot: [02:15] Cool. Let's start off and kind of orient every, all the listeners about your background. How did you get into the industry and where you are today?   Joe: [02:23] So I went to went to NC state and I majored in political science, did a minor in journalism and had worked in for technician for a few years. And the student newspaper and then had a job in sports writing at a newspaper in Georgia right after college and worked there for two years and decided I want to try something different and get into magazines and applied for the job back here in Raleigh at our S&A Cherokee, which is the parent company of Auto Remarketing. And I've been covering the auto industry for about 12 years now.   Scot: [02:54] Awesome. Cool. Yeah. And NC state. Awesome. Go pack.   Joe: [02:59] Yes sir.   Scot: [02:59] Tell us more about Auto Remarketing. So is it print and online? Just online? And what kind of audience do you guys have? We'd love to know more about the publication.   Joe: [03:14] So we're print online and we have a digital edition are online. You know, we have our website obviously, and then we have a wide range of e newsletters that we send out, kind of that's how we get our stories out. Our largest e-newsletters, a daily morning one that goes out to about 22,500 subscribers. And then we have, you know, various other daily and weekly newsletters. They're about the same size or smaller. And then we have a print publication that goes out to 36,000 subscribers and then a digital edition of our same, of the same magazine. It goes out to 50,000. And then we have the same another publication Auto Remarketing Canada for our Canadian audience. And that also has a weekly and daily newsletters, and also a digital edition as well along with print. And then a colleague of mine, a guy by the name of Nick Zulovich, he heads up a couple of automotive finance publications. So we have one kind of specializes in the fin-tech space and then one that specializes in kind of the subprime lower tier financing in automotive as well.   Scot: [04:28] Yeah. And then the broader Cherokee, are all their publications automobile-oriented or do they go into a lot of different kinds of B2B verticals?   Joe: [04:35] Most of it actually is automotive B2B. I think we have four prints, automotive publications, but then we've also got two local lifestyle magazines. Folks here in the Triangle area, probably know Cary Magazine and we just launched a magazine for Holly Springs and Fuquay called Main & Broad. And then our company also has done several custom publications where, you know, maybe it's a, an association or a, you know, company that will publish a custom custom job for them. But mostly, yes, our bread and butter is the automotive space.   Scot: [05:11] Very cool. Yeah, it's interesting. The, you know, you read the headlines, print is dying out, but I think that's the daily newspaper. But it seems like where there's a lot of vibrancy is in kind of hyper local. So people want to know a lot more about what's going on with their community. And then also in, in kind of a lot of the B2B verticals, seems like you have those bases covered.   Joe: [05:30] We've got a, we've got a captive audience, so to speak for the, for the B2B as well. Yeah.   Scot: [05:35] Well, cool. We've got a ton of stuff we want to talk about. Let's start with what I call the vehicle life cycle. It seems like you guys got financing and then then kind of like, you know, the, the used car side, the remarketing refurbishing side. What are you seeing there, you know, around behavior around how people buy and sell cars. Is that changing or it's kind of the same it's been over the time you've tracked it?   Joe: [05:59] Certainly. Probably since about 2013, well, 2014. It's become a lot more digital in terms of the actual transaction. I mean, you had, you know, back then you had a lot of companies like Carvana, you know the BPs of the world, the rooms that have launched in the last five years. And more consumers, even if they're not maybe signing on the dotted line and buying completely online, they're doing, if there's five steps to car buying, they might be completing four of 'em online and then going and picking it up at the dealership or, or, you know, setting up the deal online. So I think you're seeing a lot more movement to completing some or all pieces of the process online. And, and, and it's not just these, the startups that are doing it, dealers are getting into the game as well. And you know, using software providers to get in the game themselves in terms of online buying and selling.   Scot: [06:56] Yeah, I think one of the Superbowl commercials that was my favorite was, I can't remember if it was Kia or Hyundai. Bt they had the commercial where the guy was in the elevator and it was Jason Bateman, and there was like root canal. And you know, like all these things and then like the bottom kind of the bottom level was buying a car and they were that company that, oh, that OEM was rolling out a model that was very Carvana [inaudible] will come to you, you have a return period. That kind of a thing. So I think it's been interesting to watch that.   Joe: [07:25] Yeah, for sure. I mean the automakers are doing it and they're, they're doing it through their dealers. I mean partly obviously cause a franchise dealer laws that they have to go through their dealers. But you know, they, they've got the infrastructure of, of these large dealer networks that they can set that up. Yeah.   Scot: [07:40] How about, I'm kind of staying on the topic of the vehicle life cycle. You mentioned your sister publication around finance. What's, what's new there? I know I've seen some data that leases are, are quite kind of, you know, continue to be the most, one of the increasingly popular ways to, to, to finance a car. What else are you seeing in that?   Joe: [07:59] Well, I'm one of the, one of the alternatives now is some of the cult subscriptions and they, you know, instead of in one of the, one of the models that has launched recently is one called Fair, which was launched by a guy named Scott Painter who was the CEO and founder of True Car. And he brought in a guy named George Bauer who's a former executive with the German automotive. And I believe, you know, it's had a lot of, a lot of experience in, in that, in that space as well. But you know, they models like that kind of had, I've taken on the approach of, you know, why jump into a 60, 66, 72 month loan when you can subscribe to a vehicle for, you know, a year if you want it at three months, if you want it. And then kind of get out and move on to the next one. And it's, you know, not to get in the weeds too much, but it is a different little bit different model than say, you know, a rental or a lease. But it just gives another flexibility for, for someone who doesn't want to set up financing for the next six years of their life.   Scot: [09:04] Yeah. Yeah. That, that's a good segway. So part of the reason we started this podcast is we at Spiffy. We've put out this framework, we call the vehicle 2.0 framework and it's got four components, changing ownership, connected car electrification and autonomous vehicles. And you know, Fair is a good example of kind of the changing ownership going from kind of long leases to kind of micro leases. Then you've got Getaround, and Toro. That's more Airbnb kind of like, you know, sharing almost car sharing. And then it's really topical because I'm sure you saw Lyft filed their IPO and it's kinda caused this whole raft of in there, you know, Lyft talks about long-term, they don't think everyone's going to own a car. And then now I've seen like six top level articles about, you know, what's happening with car ownership. Any other interesting car ownership trends you're seeing?   Joe: [09:53] Well, I just, I think that the, in terms of car ownership, there's just such a variety of alternatives. Now, I mean the, you mentioned Lyft, I mean one of the stories we had this week was Lyft has partnered with Cox Automotive, which owns kind of a variety of different vendors in this space. And they're on the service side. You know, when, when you, there's a dealership service department platform where, you know, when you take your vehicle to get serviced, they've got an automatic partnership with Lyft. So instead of having a, a loaner fleet, that dealership can just get set you up with the Lyft vehicle for that, you know, for the time period that you're, your vehicles in the shop. And, you know, you've seen those Enterprise commercials with, I think it's Joel McHale where he says, you know, you can rent a car from enterprise, you can, you know, car share with enterprise or you can buy it from enterprise. So I think companies are realizing the, the amount of variety of, of different ownership models and the way people want to interact with their cars these days.   Scot: [11:00] Yeah. So sometimes you know, the articles kind of doom and gloom for kind of the traditional dealer. Do you think the dealer is kind of a dinosaur in this model or did they, they have to kind of just pivot and become more of like the service center? So if we kind of go to the extreme, right, and we, we kind of, I think, you know, we believe car ownership's going to be more of kind of fleets owning cars and people kind of, you know, using them on a smaller kind of timescale. It's not, all these things are never going to be 100% either. I come from the world of eCommerce and we're like 15% of the city of retail is on the commerce. We've been at it for 25 years. So, but you know, imagine there's a day where more like 20% of cars are, are kind of a fleet kind of a model. Where do you think the dealer falls in that spectrum?   Joe: [11:45] Well, I think at this point there's still, there's still very much in the game. I mean, a lot of these models that we talk about Fair and, and some of these subscription models, they, they worked through the dealership. So, you know, you may, the end consumer may go to their app and, and you know, subscription program or some sort of alternative ownership program that they access through an app. That company, a lot of times we'll still buy the car, you know, the delivery of the vehicle still through that dealership and a lot of the dealerships are offering these services themselves. So I think that they, I think it's more of a pivot that a dealer, you know, may shift part of its business from, you know, 100% retail sales to portions of it being, well part of our inventory is going to be first subscriptions or car sharing, you know, for a ride hailing drivers and that sort of thing. I do think there's an opportunity as well for dealers to be in the service business. I mean, for these vehicles, the service business of, of a dealership has long been the most profitable anyway. So, you know, they're, I think they're very excited about, you know, the ability to change their model. I mean, I was talking to a dealer recently who said that it's in dealer's nature to sell what the consumer wants. I mean, it's a simple statement, but, you know, dealer, a dealer wants to sell, however, you know, whether it's an electric vehicle and autonomous vehicle or, or an alternative method of ownership, a dealer wants to be the person selling that car and they're going to do it.   Scot: [13:25] Yeah, absolutely. How about, and this may be out of your purview, but we were doing a lot of work now with rental car companies and I had kind of assumed that they would be on the decline because I've gone through a phase where if I go to a city now, I kind of do some math and figure out am I just gonna kind of Uber around or am I going to rent a car? And you know, that that bar is kind of increasingly leaning towards more ride sharing. But I was surprised to find rental car companies that are actually growing pretty nicely. What do you think, you know, are they kind of going to start competing? The other argument could be maybe rental car companies are better equipped to manage these kind of future fleets than dealers are. Do you have any point of view on that?   Joe: [14:06] That's, that's interesting. I mean, I think they certainly have the, if you think about what they already do, you know, a lot of them already sell cars. Just like dealers, you know, they have, they operate in many ways like dealerships.   Scot: [14:21] Yeah, and they have more flexibility because like, you know, dealers get kind of locked in, if you bought it here, I want you to service it here and you know, and they're locked into one type of vehicle. Like I'm not going to take my, my Honda to a Lexus dealer for now. They may actually, sometimes you talk to dealers and they would actually do that, which always surprised me. I never knew that was a thing. Yeah. But most consumers don't think that way. Whereas whereas Hertz, Avis, etc. Are, you know, manufacturer agnostic.   Joe: [14:44] And they do have, I mean, you know, a dealer, a dealer wants to get that, that new car sales there. They are going to take a trade in and then, you know, either use it on their own lot or, or take it to auction or, or you know, dispose of it via wholesale. But, as far as rental companies, I mean, I think, you know, they certainly have the type of infrastructure, national footprint that automaker or franchise dealership system has. They also recently, I mean, if you'll notice that a lot of these companies, either their, you know, the, the large rental car companies are either outright buying some of these smaller alternative, physical ownership platforms or they're working very closely with them to partner, you know, cause they know that they know that, you know, when, when you go, when, when somebody goes to travel there, they're doing the math that you just described. You know, it actually be cheaper for me to take a Lyft to and from a hotel rather than, you know, renting a car. And I think, I think those companies are doing the math and partnering with some of those companies. And, you know, they, I know that they're even getting into the connected vehicle space as well, these rental companies. You know, I think they're just as progressive, you know, in terms of this technology as the dealership and automakers are.   Scot: [16:22] Yeah. And I mentioned at the top of the show that, you know, you guys put a lot of great content out there about auto auctions. That's when, as an eCommerce guy, it's kind of interesting to think about, you know, I haven't visited one, but a lot of people at Spiffy have, and then they seem to be these giant fields full of cars. And you know, there's, there's a point in time like a Wednesday morning and three days before Wednesday, you know, tractor trailers are showing up with cars and unloading them and then they're getting washed and they're putting them through an auction process and they're loading them back up. It just seems like a hugely physical analog kind of a thing in today's world. Is digital hitting auto auctions and, and what's that look like and give, give listeners that maybe they don't even know the industry, like maybe a high-level overview of and what's going on.   Joe: [16:57] Yeah, absolutely. I mean, I think the, I mean, first of all, the physical auction space definitely is still happening. I mean that, physical sales, you know, are still going on every single week, every single day. But you do have where the two, the two largest corporate physical auction companies in the US, Manheim and Adesa, Manheim is owned by Cox Automotive, which is part of this global huge company, Cox Enterprises, Cox Automotive. And then you have Adesa which is owned by Clorox and services, which is a publicly traded large company. Both those companies are pushing more and more on their auction side to digital. I mean, I don't have exact stats in front of me, but it's about 50/50 of their auction sales involve some digital element, whether it's somebody buying via simulcast or you know, somebody sitting on a computer and buying through an online auction. They're pushing, those two large companies are pushing more of their business to the digital side.   Scot: [18:08] But digital, is like an overlay on the physical or, or is it actually a separate digital thing so I could buy one and it's not actually in a physical auction?   Joe: [18:15] Right. So a little bit of both. Actually. The, for example, car and services, which owns Adesa also owns a online auction company called Trade Rev. And that is completely digital and you think, oh, it's kind of cannibalizing. But no, it's, it's really a compliment to their existing auction business. Cox Automotive has, you know, dealer to dealer sales platforms. They have online auctions. So you know, these companies, the approach that I've seen them take is they want to sell however the buyer wants to buy. I mean, and dealers are just like consumers and that a lot of them are moving more towards making purchases digitally. That said, I mean, there's still a huge role for these, for these auto auctions. I mean, there's, some of them, for example, at Manheim, there's a former Manheim location that now has been turned into a mobility fleet servicing center. So what they do is they, you know, they do all of the things that need to happen with a fleet of, of mobility vehicles. So gassing them, washing, reconditioning. All of this sort of services you might think have to happen on the backend, this former auto auction does. And I think you're going to see a model where you know, an auto auction might do a little bit of both. They might still have those physical sales in the lane every Wednesday morning, but also sell vehicles digitally and act as a service center for all kinds of, you know, they already do a lot of ancillary services anyways. Now they have a new client and these large fleets of, you know, ride sharing, car sharing, you know, subscription services that it's a new clientele that they can serve as those vehicles as well.   Scot: [20:15] Yeah. So it kind of sounds like we've got three factions fighting for this future of, of you know, fleet management. So you've got the dealers and the OEMs kind of aligned on one side. And in the eCommerce world, it's interesting. So, you know, you have kind of brands and retailers and, and those guys have fractured themselves because there's been a lot of channel conflict where the brands are starting to go around kind of their traditional channels. So it'll be interesting to see if that happens. But that's one faction do, we had the rental car kind of faction and the now it seems like the auto auction guys kind of also want to put their hat in the ring for managing this.   Joe: [20:48] Yeah, absolutely. And, and even then, you also have a, aside from the, the large kind of corporately owned auctions, you have a lot of independent independently owned auctions. I mean there's, I don't know the exact count, but there's hundreds of independently owned auctions and they're, you know, they're just as innovative and then getting into the same type of a, the same type of play that, that these, you know, large corporate auctions are as well.   Scot: [21:16] Yeah. And I saw a company called ACV Auction, am I saying that right? And they just announced, I forget the amount, but it was like a big raise. Was it 70 million, a hundred. It was like a, it was kind of eye popping. Let's see if I can find that. But that's more of just kind of a new new entrant. Right. So just pure digital if I understand?   Joe: [21:35] Yeah, absolutely. They are a digital dealer to dealer online auction and they have been, I mean it seems like for a while there, almost every other store we had was about them than raising capital. I mean they, they have been, they hired a relatively new CEO I think has somewhat of a Wall Street background and funding background. A guy named George Simone and they have just been raising money and raising money and then, you know, Trade Rev, which I mentioned earlier is I guess it would be a competitor to theirs. And they're, they're owned by, you know, one of the publicly traded large company in the auction space. And then you have, there was a new, a company from Canada called Eblock, which they just launched in the US in Burlington, Vermont. And then you have just tons of other companies into this, in this digital, wholesale space where if you think about Carvana and Vroom and some of those companies and just think about, you know, those they're in customers or retail customers like you and me, ACV, Trade Rev, their customers are, they're doing essentially the same thing, but their customers are dealers. Yeah. And there's just, they're well capitalized. There's lots of them. And you know, I think it's a growing space. And then you, and then to add to that, there's, you know, a company like a Smart Auction, which is a piece of Ally Financial. They'd been around for 20 plus years doing this. And there's, it's, it's a growing space.   Scot: [23:09] They're coming at it from the financial side?   Joe: [23:11] Well, they're an online auction, but they, you know, it's, it's a similar concept to me as it were. Dealers can go in and buy car wholesale cars online for their inventories. Yeah. Got It. Does Cox so, so noticeably absent for that was kind of Cox, do they have a digital auction platforms? They do. They have OVE. They have Manheim Express, which is a dealer to dealer platform. And you know, they're, they're very much involved in digital wholesale. Yeah. Cox Automotive.   Scot: [23:42] Cool. And while you were talking, looked it up. So they raised a ACV auction, raised 93 million in December and they've raised 150 million total. So that's a pretty considerable. It's interesting because watching, so I come from the marketplace world and they've, they've kind of gone through this kind of touchless to high touch. So, so kind of the famous example is a lot of people use Open Door. I don't know if you've ever shopped for a house now, but they'll go in and buy the starter homes and a whole area of, so here in the triangle they've bought like any house, but between kind of 102k, they'll go buy it and then they'll run a marketplace. So, so imagine like, you know, Zillow went out and bought all the houses and was selling them. So it'll be interesting to see if we kind of go full circle and see someone like an ACV actually taking some inventory risk or something. You would imagine with raising that much capital there, there's gotta be something going on there that's all that it's a lot of engineers behind the scenes deal for $200 million. Okay, cool. So changing ownership, some interesting trends there. How about connected car? What, what did, what do you think happens in a world where our car is kind of connected to the cloud and, you know, it lights up a lot of nice new features for, for the consumer, but what else does it mean for the future of cars?   Joe: [24:56] Well, I think that this number one, it's sort of been progressively happening already. I mean with, with Onstar, with General Motors, you know, having the, having that kind of feature. And then, you know, on the way over here I had my, how to podcast and music and directions going through my phone. So there's already a level of connectivity in cars and, and I think that is a bigger, not worry, it's going to be here faster, I guess, than autonomous vehicles. Yeah. I've, I've heard that, I've heard that in the industry that, you know, that's, people aren't talking about that as much as they are autonomous cars, but I think there's a greater chance that we have connected vehicles much quicker than we have self driving vehicles. It'll be interesting it, you know, what's the, you know, what are some of the purposes to that, you know, is it safety? I mean, that, that would be a, to me, you know, cars communicating with each other, you know, could be a big help for safety is that, you know, when cars are too close together or, you know, does it help avoid accidental oil, you know, or accident avoidance. I think that's a potential play there. I mean, obviously the infotainment is, we're already there. Yeah. But I think there's a lot of, a lot of room for growth there and I think you're going to see that quicker than, than you are autonomous cars.   Scot: [26:26] Yeah, it's been interesting. So a lot of, a lot of companies kind of went with their own kind of, you know, app, App store thing and now it seems to be kind of standardizing on a, you know, the Apple system or the Android and kind of Amazon. It seems to be having some legs with Alexa, kind of, in the car. Yup. It's interesting to see what happens there.   Joe: [26:46] And another point to that. There's a, there's been a couple companies that have come out with basically devices that you plug into the onboard, got an onboard diagnostic port. And so as long as the vehicle is something, it's either sometime in the 80s or sometime in the 90s that if your vehicle was made after a certain point, you can turn it, you know, 1995 Toyota Camry into a connected car by plugging in their device to a, to the onboard, the OBD two sensor. So it's, it's really interesting. Even used cars are becoming connected cars.   Scot: [27:21] Yeah. And some companies like a Verizon has Hum where now that not only do you plug that in, so sometimes you can plug the sensor ended, it'll talk to your phone and get to the cloud, but sometimes it will have its own cell phone connection in there so it can, you know, to your point it can, it can add retroactively add connect to capabilities. Yeah. Electrification. So there, there's a, you know, avi is a autonomy is like the shiny bulp, but in the industry, but electrification seems to be kind of grinding out a lot faster. What do you think about that?   Joe: [27:51] Well, I think the biggest issue I see is affordability. I mean, new car affordability in general is already an issue. And it's driving a lot of people to the used car market right now. And that is partly as a function of consumers more interested in trucks and SUVs and crossovers than they are sedans. It's a, naturally the price goes up on those vehicles. But you know, I, I think you look at it like the Tesla's of the world and some of these, you know, electric vehicles or are too far past a price point where they don't make up for the gas savings. But I think there, there are people working on that. I mean the, actually the next, next couple stories I'm working on, one of them is about a, a company called Current Automotive and they are a used electric vehicle dealership that sells primarily online. They're actually one of the co-founders is part of the, or has families that the built Jacobs Automotive Group up in Chicago. And then the other co-founder I believe is a former Tesla executive, but they are, you know, having, having the point now we're where there's enough used electric vehicles that are hitting the market. Having that infrastructure of a, of a dealership type of organization that can sell them, you know, I think should help some of the affordability around electric vehicles.   Scot: [29:23] You don't think a $35,000 Model 3 is, we think we have to go lower than that?   Joe: [29:29] Well no, I mean I don't think so cause I, I think that the way new car prices are now, that's probably about what average for a new car now.   Scot: [29:38] Yeah I think average is between 30 and 40k. Right?   Joe: [29:39] So, you know, I don't know there has to go lower than that, but I do think it is a positive sign that there are going to be used vehicle options for people that, you know, don't necessarily want to shell out 35 grand at the low end for an electric vehicle. And then, you know, you had another, another kind of story we're looking into is the the former House majority leader Richard Gephardt,is signed on as an advisor with Fisker Automotive. And they're in that same kind of electric vehicle space in there. They're looking to basically solve the pain point of, you know, creating a, a workforce for people to build electric vehicles. And so I think with more options I think the price will come down on, on electric vehicles. And again, going back to the kind of the different types of ownership models, there's several different iterations of electric vehicles. You know, you have your hybrids, you have your-   Scot: [30:44] Different plug in hybrids.   Joe: [30:45] Exactly. Yeah. I know a lot of people that are doing the plug in hybrid thing kind of helps with the range anxiety to have an internal combustion engine there. So I think there's, there's more options come to the table. I think you'll see the price come down and more people get into them. I don't think we're going to get it go away from internal combustion engines. I mean, not only because of the infrastructure challenges, I mean there's, there's political challenges do it as well. I mean, there's entire industries that would lobby against that. So you know, I think, you know, I know certain countries are probably will go 100% evs, but I don't think that's going to happen in the US.   Scot: [31:26] Yeah. China seems to be very aggressive. So they're, you know, they've got massive pollution problems and they're pushing for that big subsidies. And they're building out of the, all of the infrastructure will be interesting to see what happens there. Do you guys cover electrical infrastructure at all? Like, do you know how many chargers and companies like Chargepoint? There's a lot of startups trying to dissolve the charging challenge.   Joe: [31:46] Not yet. I'll say, we, you know, our focus has mainly been in the the used car retail and you wholesale space and sort of the, that side of the industry. But in the past, you know, three or four years, we've really ramped up our, for lack of better word, automotive technology coverage, whether it's mobility, whether it's, you know, EVs online buying eCommerce as become a huge part of the industry. And so it's kind of been a huge part of our, of our coverage. So I think as, as more of those models gain traction, that that'll be something we'd probably open, open ourselves up to a little bit.   Scot: [32:24] Yeah. I think the industry is not really ready for electric cars because when we visited an auto auction and they had almost a whole, there were helping Tesla do a kind of a bunch of refurb kind of stuff. And their biggest, one of their biggest challenges was having so many Teslas there, they couldn't charge them all.   Joe: [32:41] Yeah.   Scot: [32:42] So they would like, you know, they had a line of a hundred Teslas and over, you know, over a period of time the batteries, you know, they're, they're using some electricity and they would kind of brick the, the vehicle and have to go figure out like once it's bricked, it's hard to get it to two power. So, so, you know, it's interesting to like, you know, the, the infrastructure we always think about on the consumer of the retail side of charging, but it kind of flows through, you know. Imagine a rental car company trying to do this and you know, having to add, you know, they're going to have to charge hundreds of vehicles overnight and the infrastructure, on that side, I don't think a lot people think about that. But that's big too.   Joe: [33:15] And there's probably companies out there that eventually if they're not already, would go and work with the rental car companies and the auto auctions that they can set up charging stations. You know, if they say we've got too many Tesla's here at the auction, the charge, all of them, you know, at this company as I'm sure it could come in and do that.   Scot: [33:34] Yeah, they're expensive though. Each one of those is like, you know, a hundred to 200 k and like with, when you put it all in with the, the backend electrical plus the wiring and the head unit. Yeah. It's expensive. Yeah. Cool. And then the, the shiny bulb in the industry is autonomous vehicles. What do you think about that?   Joe: [33:52] I think it's going to be awhile before they gain a whole lot of traction. I think there's, you know, what I've seen mainly is that it will be like as a staged rollout where it's, each level is kind of staggered I guess. But you know, I think last year the, the much publicized, you know, unfortunate, you know, the accidents that resulted in fatalities involving self driving cars. I mean I think that kind of slowed it down a little bit. I think the, there's too many, too much safety concern right now. Whether that's overblown, it's still there. I mean I think, there's a lot more testing that needs to be worked out before those gain any kind of real, you know, measurable market share.   Scot: [34:40] Yes. Yeah. It's been interesting to watch it CES. I haven't been to CES in a while, but I watched the coverage. And this is the beautiful thing about social media, you don't have to go to these things anymore. Save a trip. And it seemed like the last three CESs is prior to 2019 we're all a lot of autonomous vehicle hype and then this year it was kind of like the reality of more of the things they were showing were, you know, really constrained public transit kind of thing. Just so you know, these vehicles are going to go in a very predetermined route with its own lanes and a very safe kind of approach and they're only going to go 20 to 30 miles an hour and they'll have a human in there. And so really kind of pulling back from that, you know, I'm just going to hop in a car and it's gonna drive me coast to coast and I won't, I can sleep or something like that.   Joe: [35:22] I think it's more of a pragmatic approach. It's cities looking at how do we solve these mass transit issues, you know, whether it's a or, you know, even even companies, I mean who were, you know, if it's a, if it's a self driving a shuttle at a company or something that it goes around the campus or, or you know, helping cities out, solving those, solving those issues, more of a pragmatic approach rather than a retail consumer just wants a self driving car, like, you know, on the Jetsons or something.   Scot: [35:51] Yeah. So any other trends in Auto Remarketing that, that are kind of top of mind with you?   Joe: [35:58] Well, I think going back to the, just the increasingly digitize digitalized presence of, of the auto auction industry. I mean I, I think there is, it's an interesting time because so much of it is, is going digital, you know, and despite there being still the need for the physical auto auction because you're moving these large assets and it's, you know, there's a lot of physical movement. It's still needed in the industry. It's interesting to see how you'd mentioned the ACV investment. It's, it's been really fascinating to watch how much money and how much attention is, is getting paid to, to that side of the business. And I think it's a, it's only going to grow from here. You know, that the digital wholesale environment.   Scot: [36:45] Cool. Awesome. And you guys have, you mentioned earlier that you spend more time on kind of, you know, some of the future vehicle technology stuff. And I noticed that you'd put a lot of events on this seem to be kind of anchored around this. Tell listeners about some of the events you guys host and how they can learn more about this.   Joe: [37:02] Sure. So we do, we have four automotive conferences each year. Two of them were actually coming up in Canada. I'm heading to Toronto in a week and a half. That'll be for the Toronto used car industry. But this summer in Raleigh we have the Automotive Intelligence Summit. This is our second one. It really, it focuses on just the, you know, a lot of what we've talked about today, you know, autonomous vehicles, the connected vehicles, digital retail, the use of big data and data analytics and artificial intelligence and the, you know, things, you know, what role does blockchain management have in, in automotive. So a lot of these tech driven changes in automotive. This conference, you know, we'll address, and again, it's our second year of doing it. It's going to be July 23rd through 25th in Raleigh at the Marriott Crabtree right across from the Crabtree Mall. But if, if people are interested in learning more, they can go to autointelsummit.com. That's autointelsummit.com. Or they can holler at me on Twitter @AR_JoeOverby and I can share more information there as well.   Scot: [38:25] Cool. So I think you said four, so two in Canada, Auto Intel, is there a fourth one?   Joe: [38:30] Yeah, absolutely. Our signature event. I'm glad you reminded me. Our signature kind of flagship conference is Used Car Week and each year we host that in the fall and it's typically in the southwest. This year we're going to be in Las Vegas at the Red Rock. Last year we were in Phoenix or Scottsdale, Arizona. And what it is is it's four separate conferences that are all kind of part of the used vehicle life-cycle. So we have a retail focus conference on pre-owned. We have a finance auto finance conference, we have the repossession and recovery space. And then we have our National Remarketing Conference, which is the kind of wholesale, the auto auctions, that sort of thing. And we're actually going to be celebrating our 20th anniversary of that National Remarketing Conference. But that's going to be November 11th through 15th in at Red Rock in Las Vegas. And folks who are interested in that can visit usedcarweek.biz. And that and that again, you know, it is kind of an overall auto industry conference, but given the nature of, of automotive these days, it is going to be tech. You know, there's going to be some tech focus, some innovation, some, you know, talk about digital and that sort of thing as well.   Scot: [39:55] Yeah. So just kind of reading the between the lines sounds like the Raleigh one is maybe like hundreds, low, hundreds, a couple hundred folks. Anything in Vegasis going to be at least single digit thousands if not tens of thousands. T   Joe: [40:08] Yeah, the Auto Intel summit, we had about two or 300 last year, very kind of boutique conference, but you know, everybody there was very engaged and there to, you know, be in the sessions. And again Used Car Week is a broader, larger, you know, we've been doing it for a couple of decades, it is in the, you know, I think last year we had about, attendance was about 1600, I believe. Yeah.   Scot: [40:36] Yeah. Cool. Yeah, it's fun to go to kind of both cause you kind of, you know, the smaller shows are more in a minute and literally deep on something but maybe not as actionable sometimes. And then the networking is good and then the bigger ones you can kind of go and have a list of here's five vendors I want to meet. And it a lot more to kind of tactical get, get business done. So it's good to kind of go to both, I think.   Joe: [40:57] It's like going to a basketball game at Cameron indoor stadium versus going to a football game at Carter Finley. It's just, one's a big crowd and loud and once you know, it's small intimate atmosphere, so, yeah.   Scot: [41:09] Absolutely. Cool. Well Joe, we don't want to take more of your time. Appreciate you coming over to Spiffy to record the podcast. Excited to have you as one of our first guests. You mentioned your Twitter handle. If folks want to, that's one way to kind of get in touch with you. Are you active on Linkedin or other social media and maybe let's definitely kind of bring them to the website too.   Joe: [41:28] Yeah, absolutely. Certainly active on Linkedin, just Joe there. And my email, if anybody has any questions about our conferences or about our publications. It's at joverby@cherokeemediagroup.com. The website for all of our publication is Autoremarketing.com.   Scot: [41:53] Great. Thanks for coming and thanks Jackson on the audio engineering side.   Joe: [41:59] Well thank you Scot. This has been fun!  

During NADA Show 2019, ADESA Canada chief operating officer Trevor Henderson reviewed how the wholesale market behaved in 2018.

In an episode recorded at Used Car Week in late 2018, ADESA president John Hammer sits down with Joe to talk about the challenges and opportunities for auctions, where ADESA is finding the next generation of talent, the investment in brick-and-mortar and more.

En la entrega de hoy te compartimos informaciones sobre la nueva moneda de un peso del año 2017. Te decimos también sobre el reclamo de la ADESA al gobierno para solucionar la crisis sanitaria del país. Te informamos también sobre el aporte del Impuesto Selectivo al Consumo en enero-mayo. Igualmente te compartimos noticias del sector financiero. En Mercados Globales, Alejandro Fernández conversa sobre el presidente Donald Trump que quiere firmar un nuevo acuerdo comercial con México. En la Plaza Pública respondemos preguntas sobre certificados de depósitos, historial de crédito y diversos temas. Y en esta entrega conversamos con nuestra experta en temas impositivos, Germania Montás sobre el financiamiento del sistema emergencias y seguridad 9-1-1.

En la entrega de hoy te compartimos informaciones sobre la nueva moneda de un peso del año 2017. Te decimos también sobre el reclamo de la ADESA al gobierno para solucionar la crisis sanitaria del país. Te informamos también sobre el aporte del Impuesto Selectivo al Consumo en enero-mayo. Igualmente te compartimos noticias del sector financiero. En Mercados Globales, Alejandro Fernández conversa sobre el presidente Donald Trump que quiere firmar un nuevo acuerdo comercial con México. En la Plaza Pública respondemos preguntas sobre certificados de depósitos, historial de crédito y diversos temas. Y en esta entrega conversamos con nuestra experta en temas impositivos, Germania Montás sobre el financiamiento del sistema emergencias y seguridad 9-1-1.

En la entrega de hoy te compartimos informaciones sobre la nueva moneda de un peso del año 2017. Te decimos también sobre el reclamo de la ADESA al gobierno para solucionar la crisis sanitaria del país. Te informamos también sobre el aporte del Impuesto Selectivo al Consumo en enero-mayo. Igualmente te compartimos noticias del sector financiero. En Mercados Globales, Alejandro Fernández conversa sobre el presidente Donald Trump que quiere firmar un nuevo acuerdo comercial con México. En la Plaza Pública respondemos preguntas sobre certificados de depósitos, historial de crédito y diversos temas. Y en esta entrega conversamos con nuestra experta en temas impositivos, Germania Montás sobre el financiamiento del sistema emergencias y seguridad 9-1-1.

En la entrega de hoy te compartimos informaciones sobre la nueva moneda de un peso del año 2017. Te decimos también sobre el reclamo de la ADESA al gobierno para solucionar la crisis sanitaria del país. Te informamos también sobre el aporte del Impuesto Selectivo al Consumo en enero-mayo. Igualmente te compartimos noticias del sector financiero. En Mercados Globales, Alejandro Fernández conversa sobre el presidente Donald Trump que quiere firmar un nuevo acuerdo comercial con México. En la Plaza Pública respondemos preguntas sobre certificados de depósitos, historial de crédito y diversos temas. Y en esta entrega conversamos con nuestra experta en temas impositivos, Germania Montás sobre el financiamiento del sistema emergencias y seguridad 9-1-1.

ADESA chief operating officer Paul Lips.

The Michigan State Police evaluate cop cars from the Detroit Three, and the Caprice is a winner. Adesa and Barrett-Jackson form an alliance. STP and Armor All get sold for big bucks to a private-equity firm. All that and more, plus John responds to your questions and comments in "You Said It!"