Jenny Rappaport has some things to say, and if you’re a car dealer, it would be wise to listen. The CEO of F&I and training provider EFG Companies has returned to the Auto Remarketing podcast, and in a wide-ranging conversation with Auto Remarketing associate editor Andrew Friedlander she discusses affordability issues, the importance of the […] [Read More]

Flexcar members have driven more than 200 million miles in its vehicles. And now the month-to-month flexible car lease company wants to reward them. Flexcar has introduced Flexcar Rewards, a loyalty program offering discounts and perks to long-term members. The program includes four tiers with increasing benefits based on duration of membership. With Bronze Rewards […] [Read More]

Gubagoo, a provider of digital retailing and conversational commerce for auto dealerships, announced its Virtual Retailing platform is now available to Ford and Lincoln dealerships as part of the FordDirect program. In a news release, Gubagoo said Virtual Retailing offers a complete retail workflow, providing a guided shopping experience, virtual desking, a payment calculation engine […] [Read More]

With the second half of the year well underway, EFG Companies recapped the top five questions dealer principals are asking the F&I development, training, product development, compliance and product administrator. Based on dialogue from more than 1,600 retail automotive and powersports dealers, EFG addressed those five questions with recommendations. Experts said success during the remainder […] [Read More]

CarGurus’ current marketing campaign is back for round 2. The digital car-shopping platform has released the second episode of “The Big Deal Show”, a three-part video series featuring entertainment and sports celebrities sharing their “big deal” moments — many of them behind the wheel of a vehicle. The new edition stars actor Josh Duhamel and actress/social media […] [Read More]

AutoCanada’s transition out of the U.S. market has officially begun. The Edmonton-based dealership group announced the closing of its sale of Crystal Lake Chrysler Dodge Jeep Ram in Crystal Lake, Ill., to an undisclosed buyer. AutoCanada said it received approximately $9.9 million (Canadian) in cash — $3.5 million for goodwill and fixed assets and $6.4 […] [Read More]

The Tim Lamb Group is in growth mode, too. The dealership sales and acquisitions firm on Tuesday announced the addition of Mike McMeeken as director of the South Central Region. Based in Houston, the firm said McMeeken will begin his role on Aug. 1. Tim Lamb highlighted McMeeken brings extensive experience and a strong reputation […] [Read More]

eBay is out to make buying and selling cars on its marketplace as easy as possible. To that end, it has launched Secure Purchase, a system designed to simplify vehicle transactions by managing payment, financing, registration, ownership transfer and transport in one experience. “Online automotive shopping offers unmatched selection and value, but it can be […] [Read More]

Jack Hollis, a former top executive with Toyota North America, has joined Accrual Equity Partners as managing partner. AEP, a private equity firm focused on the automotive services and retail sector, said Hollis will focus on expanding the firm’s presence and its investment, acquisition and partnership opportunities throughout the sector, including dealerships, automotive services and […] [Read More]

For a day, at least, the dealership buy-sell market is headed in one direction: North. Performance Brokerage Services announced it has advised on the sale of dealerships in Montana and Canada as the week begins. Minnesota-based Marthaler Automotive has acquired Honda of Helena in Helena, Mont. from Jim Parker. Marthaler Automotive founder and president Aaron […] [Read More]