This installment of Top 100 Used Car Dealers is the second in a two-part series and focuses on independent dealers. Included in the June 15 print and digital edition of Auto Remarketing, this is where we highlight some of the strongest used-car selling independent stores in the country. The dealer rankings data in this report is courtesy […] [Read More]

Carvana’s latest launches in Florence, S.C., and Spartanburg, S.C., which the company announced Wednesday, make it seven markets for the company in South Carolina. With these launches, Carvana now offers as-soon-as-next-day vehicle delivery in 133 U.S. markets. “We have steadily been increasing our South Carolina presence since launching here in 2017,” Carvana founder and chief executive officer Ernie […] [Read More]

Dealers don’t need to be reminded that the world of dealer data is changing. The volume of information generated and stored has exploded, and that information is more sensitive and more valuable than ever. It’s no longer just the dealer generating this information; “big data” companies and data brokers hold vast amounts of data, and […] [Read More]

Phone call monitoring company CallRevu has partnered with customer relationship management system provider VinSolutions to produce a platform that the companies say will help automotive dealers more efficiently connect with potential customers, and log sales calls in a centralized location. The companies say the new platform, called VinSolutions Connect CRM, will help dealers “maximize each […] [Read More]

New-vehicle sales might be softening so far this year, but franchised dealerships themselves are turning at a significant pace. Kerrigan Advisors reported that this year’s dealership buy/sell market rocketed to a strong start in Q1 with 54 completed transactions, representing a 38.5% increase year-over-year. Analysts said in the First Quarter 2019 Blue Sky Report that […] [Read More]

The nation’s largest retailer of used vehicles is a serious contender in the retail race to allow consumers to skip the dealership to buy, finance and arrange home delivery of vehicles. CarMax is supporting the expansion of its omnichannel sales experience — which describes buying a car online, by phone, text or email, in-store or […] [Read More]

Tim Cox, who is one of the founders of CarNow, said his company reached out to the top five dealers using its BuyNow digital retail platform and asked what had enabled their success. The common thread of their responses? "You have to have a champion inside your store. Period,” Cox said in an interview earlier […] [Read More]

Autotrader describes Cadillac’s certified pre-owned program as one of the best in the industry, and in June, Cadillac is offering several incentives on CPO vehicles. Cadillac is making its ATS compact luxury car, the SRX crossover and Escalade SUV available with 2.9% interest for up to 60 months to qualified buyers. Autotrader says that is “an […] [Read More]

Next month’s Automotive Intelligence Summit will have at least three of North Carolina’s most well-known and digitally savvy dealership groups on hand for a panel on “Auto Dealerships & The Digital Revolution: What’s Next?” The session, moderated by North Carolina Automobile Dealers Association president Bob Glaser, will include: Eric Flow, President of Management Services, Flow […] [Read More]

Auto sales have faced slightly downward pressure so far in 2019, especially in April when, according to a May 2 story in Autoweek, U.S. auto sales declined 2.3%, despite having an extra selling day in the month and having the benefit of the spring selling season as an added incentive for car shoppers. With the monthly […] [Read More]