Ally nominates 47 for TIME Dealer of Year

Auto Remarketing Staff

Ally Financial announced Monday that it has chosen 47 U.S. dealers as nominees for the 2018 TIME Dealer of the Year award. Each year, the award recognizes several successful dealers who show a strong commitment to community service. In addition to a $1,000 contribution from Ally for each dealer's charity of... Read More

Autotrader names latest top CPO deals

Auto Remarketing Staff

As shoppers take advantage of November’s extra special incentive deals surrounding holiday shopping, Autotrader has come out with its top picks for certified pre-owned deals this month. Autotrader’s list includes Land Rover's CPO program, which touts special incentives on CPO versions of the Range Rover... Read More

Auto Remarketing Staff

Kerrigan Advisors determined dealerships not only are moving metal this year, but they’re also turning their entire operations at quite a clip, too. The firm’s Blue Sky Report for Q3 2017 indicated the dealership buy/sell market is poised for its most active year ever with more than 200 transaction closings... Read More

Where used- and new-car sales could finish November

Joe Overby, Senior Editor

Used-car sales could slide under 3 million units this month, but the seasonally adjusted annualized rate is still projected to approach 39 million sales. That’s according to a forecast released last week by Edmunds. The company is projecting 2.9 million used-car sales for November, down from 3.2 million last... Read More

Dennis McGinn, Rapid Recon

The practice called rapid reconditioning to get vehicles from acquisition to the sales lot faster has caught the imagination of general managers and their reports. When implemented and executed well, rapid reconditioning results in measurable step-by-step discipline, accountability and return on investment for... Read More

Auto Remarketing Staff

The National Automobile Dealers Association wanted to alert principals and store owners who might be impacted by any turkey-consumption slumber about a crucial part of the U.S. Senate’s tax reform measure that currently includes a significant change regarding deductibility of floor plan interest. As currently... Read More

Auto Remarketing Staff

The latest dealer survey from KeyBanc Capital Markets highlighted that an overwhelming majority of participants see used vehicles rolling over the curb at a healthy clip and service drives steady with activity. Analysts explained that survey responses indicated a second consecutive month of used-vehicle sales volume... Read More

Paul Ritchie, AIADA

Thanksgiving has always been one of my favorite holidays. A uniquely American opportunity to gather with family, share favorite recipes, and reflect upon all the blessings in your life is a blessing in itself. But this year, I suspect many dealers will experience indigestion around the Thanksgiving table NOT due entirely... Read More