
Despite tariff uncertainty, dealers bullish about profits and dealership values
Monday, Jun. 30, 2025, 04:35 PM

Used-car sales 'playing out to be much more stable'
Monday, Jun. 30, 2025, 03:29 PM

Cox study shows gaps in consumer and dealer perceptions of AI, digital retailing
Friday, Jun. 27, 2025, 04:03 PM
Analysis
NIADA Convention Gets Underway
Tuesday, Jun. 12, 2012, 07:12 PM
Auto Remarketing Staff
The National Independent Automobile Dealers Association’s Convention & Expo has officially kicked off, and today’s action brings a host of sessions hitting everything from the regulatory arena to the buy-here, pay-here market to F&I. The day was set to begin with the convention’s opening session — “Feel Unstoppable in 60 minutes” — followed by a […] [Read More]
NIADA Names AFC as Newest National Member Benefit Partner
Tuesday, Jun. 12, 2012, 02:55 PM
Auto Remarketing Staff
The National Independent Automobile Dealers Association has revealed that Automotive Finance Corp. became the association’s newest National Member Benefit partner. Officials highlighted that AFC is one of the largest providers of floor plan financing to independent dealers in North America and the only commercial auto finance company named as a NIADA National Member Benefit partner. […] [Read More]
OpenLane Shares Tips for Recovered Units with Dead Batteries
Tuesday, Jun. 12, 2012, 02:50 PM
Auto Remarketing Staff
Along with a recap of the first meeting of the OpenLane Recovery Remarketing Advisory Board, OpenLane shared some advice for when a repossessed vehicle has a dead battery. When third-party inspectors arrive at a repo agent’s lot and discover recovered vehicles with dead batteries, OpenLane pointed out they may not be able to capture the […] [Read More]
NADA: Used-Car Department Profits Increased in 2011
Tuesday, Jun. 12, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
The used-vehicle department at franchised dealerships was even more profitable in 2011 than it was in 2010, according to the National Automobile Dealers Association, which released its NADA Data 2012 report on Monday. The publication – which NADA puts out each year as its state-of-the-industry look at dealer financial trends – showed that net profits […] [Read More]
KBB: Summer’s Used Price Decline May Approach 7 Percent
Tuesday, Jun. 12, 2012, 05:58 AM
Auto Remarketing Staff
Pushed by cheaper oil and consumer appetite for new vehicles, last month showed a 3-percent dip in used-vehicle values, according to Kelley Blue Book. And this decline isn’t over. The firm is projecting used values to remain on the downturn over the next three months, possibly falling 6 percent to 7 percent amid slowing demand […] [Read More]
TD Auto Finance CEO to Retire; Replacement Revealed
Monday, Jun. 11, 2012, 07:58 AM
Nick Zulovich
Late last week, Auto Remarketing and SubPrime Auto Finance News confirmed retirement and succession plans for TD Auto Finance’s chief executive officer. Company spokesperson Mohammed Nakhooda indicated that after a 39-year career in the industry, Tom Gilman has decided to retire effective July 30. “Until his retirement, he’s agreed to remain available with us as […] [Read More]
LEAP Financial Suspends Lease Originations
Friday, Jun. 8, 2012, 06:00 AM
Auto Remarketing Staff
Low loan default rates and high prices on repossessions are factors in one vehicle leasing company’s decision to suspend lease originations. LEAP Financial on Thursday announced it is suspending originations of leases due to capital constraints. Company officials said attempts to source capital over the last few months did not result in completing a transaction […] [Read More]
FTC: Auto-Related Concerns Make List of Top 5 Consumer Complaints
Friday, Jun. 8, 2012, 05:58 AM
Sarah Rubenoff
With the recent launch of the Consumer Financial Protection Bureau, and legislation arising right and left that will further regulate used-car dealers, not surprisingly, the Federal Trade Commission is receiving more complaints from consumers. What issues are on the top of their lists? Well, according to a report from Fox Business, auto-related problems came in […] [Read More]
Canadian Dealers Making More Profit on Used-Car Sales
Thursday, Jun. 7, 2012, 04:41 PM
Auto Remarketing Staff
As the early part of spring came to a close, Canadian dealers’ were making a bit larger of a profit on their used-car sales, according to analysts at J.D. Power and Associates. In fact, dealer profitability for used cars rose from just under $1,500 to right above that mark this past April. Specifically, gross profit […] [Read More]
Truck Interest Highlights May Activity at AutoTrader.ca
Thursday, Jun. 7, 2012, 04:15 PM
Auto Remarketing Staff
A Google Analytics report on May search activity at AutoTrader.ca determined Canadian consumers took a great interest in trucks last month. Of the top 10 vehicles or brands pored over by shoppers, half were full-size or compact pickups. And topping the chart was the Ford F-150. Also among the top activity generators were the Ram […] [Read More]
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