According to the latest State of the Automotive Finance Market report from Experian Automotive, none of the overall readings for either 30-day or 60-day delinquencies moved higher by more than 10 basis points year-over-year during the fourth quarter. Analysts indicated the overall delinquency reading to make the highest jump was the percentage of outstanding balances […] [Read More]

Ally and TIME held a celebration event in Kentucky on Monday to honor the 2017 TIME Dealer of the Year winner — Carl Swope — a second-generation dealer who currently oversees six dealerships representing nine brands in Elizabethtown, Ky., and Radcliff, Ky. Swope was selected from a group of 49 nominees from across the country […] [Read More]

Here’s a statistic that might startle auctions and dealerships in the Golden State and beyond. Southern California leads the nation in fatalities caused by defective airbags, according to Airbag Recall: Southern California, a group that comprises community organizations, public interest groups, private companies, elected officials, faith communities and other concerned parties unified in the effort […] [Read More]

DealerRater, announced on Friday that it has a new partnership with CU Direct, which allows the credit union technology and automotive solutions provider to publish DealerRater reviews and ratings on its vehicle shopping and research platform, AutoSMART. The platform enables auto dealers to sell more cars faster and easier and it exposes dealers to a […] [Read More]

Two firms — Haig Partners and Kerrigan Advisors — each shared upbeat reports about the “robust” outlook for dealership buy-sell activity. In fact, The Blue Sky Report from Kerrigan Advisors went so far as to say dealership buy/sell activity is set to rebound to record levels in 2017 as the firm released its analysis for […] [Read More]

In an effort to enhance the fourth Fleet Europe Remarketing Forum coming later this year, seven European wholesale market executives have been named to the Remarketing Advisory Board. Helping to craft the agenda and more for the event that’s set for Dec. 5 in in Estoril, Portugal, will be this group that represents rental and […] [Read More]

In December 2015, CarGurus announced the launch of its website in the United Kingdom, which marked the company’s first foray into Europe. And soon, you can expect to see a second European market added: Germany. In a March 13 phone interview with Auto Remarketing International, Sam Zales — who is chief revenue officer/president of international […] [Read More]

When one thinks of vocational expertise in the remarketing industry, areas like sales, marketing, finance and business management might be the first to come to mind — and rightfully so. Physics, though? Not so much. But that’s a piece of the resume for Ben Flusberg of RMS Automotive, who has degrees in that field from […] [Read More]

Auto Financial Group announced on Wednesday that Dave Pratt recently joined its vehicle remarketing department as remarketing manager. Pratt has more than 20 years of experience in the automotive industry. He has worked in various capacities at dealerships throughout his career, which includes successfully fulfilling a role within the fleet lease industry as a sales […] [Read More]

The Gig Economy. It’s here. It’s now.  It’s real.  But, what is it? And how does it impact car dealers? The answer to the latter may have some implications for financing and certified pre-owned. (More on that below). I was Ubering to the airport last week and chatting up the driver.  I asked him how long he’s […] [Read More]