Retail
4 components of Total Dealer Compliance offering
Tuesday, Jan. 26, 2016, 08:32 PM
Auto Remarketing Staff
Total Dealer Compliance launched its platform on Tuesday with four offerings billed as a comprehensive solution that can help dealerships mitigate risk faced from proactive regulators and create a compliance culture that can reduce exposure. The solution includes on-site compliance audits and an E-Learning platform offering more than 20 online courses. Dealership staff completing courses and […] [Read More]
From the Editor: Will CPO peace-of-mind win over other car shoppers?
Tuesday, Jan. 26, 2016, 05:15 PM
Joe Overby, Editor
There were 2.55 million certified pre-owned vehicles sold in the U.S during 2015, according to Autodata Corp. Full disclosure: Two of them will be parked in front of my home this evening. I won’t tell you their brands or which dealerships they were purchased from, but I will tell you the biggest selling point for […] [Read More]
Sonic Automotive founder inducted into NASCAR Hall of Fame
Monday, Jan. 25, 2016, 09:35 PM
Auto Remarketing Staff
The man behind Sonic Automotive and Speedway Motorsports, O. Bruton Smith, was inducted into the NASCAR Hall of Fame on Saturday, recognized for his decades of dedication to the motorsports world. Smith is currently the executive chairman and director at Sonic Automotive, based in Charlotte, N.C. He founded Speedway Motorsports Inc. (SMI) in 1994, which […] [Read More]
NYC dealers deliver 6K coats before blizzard hits
Monday, Jan. 25, 2016, 08:45 PM
Auto Remarketing Staff
Just before the huge blizzard hit New York City and other major areas along the East Coast this past weekend, the Greater New York Automobile Dealers Association coordinated an effort to deliver more than 6,000 winter coats as part of the New York Cares Winter Coat Drive. This past Thursday prior to when close to […] [Read More]
NADA: 2 factors will keep new-car sales strong
Monday, Jan. 25, 2016, 08:21 PM
Auto Remarketing Staff
National Automobile Dealers Association chief economist Steven Szakaly pinpointed what he believes are the two key factors that will sustain the new-vehicle sales momentum in 2016. During a recent NADA-TV interview, Szakaly explained the elements that should help new metal roll over the curb are low gasoline prices and rising incentives. “This year, we’ll start […] [Read More]
EV automaker Mullen Tech makes 2 new hires
Monday, Jan. 25, 2016, 08:08 PM
Auto Remarketing Staff
A new, pre-IPO car manufacturer that looks to compete with automakers such as Tesla Motors has hired two new executives. Mullen Technologies Inc. has promoted Paul Saluzzi as its new chief operating officer, and Gary Rosenzweig as executive vice president. The new California-based electric vehicle manufacturer and distributor aims to provide a variety of affordable electric […] [Read More]
Direct-to-consumer sales debate goes way beyond Tesla
Friday, Jan. 22, 2016, 04:01 PM
Sarah Rubenoff, Staff Writer
Direct distribution — a direct result of market needs and innovation or a threat to consumers and the country’s franchised dealers? That's just what industry experts were debating during the Federal Trade Commission’s Auto Regulation Workshop held last week in Washington D.C., during a panel discussion, titled, “Auto Distribution: Current Issues & Future Trends." Since […] [Read More]
NADA asks for workforce study participation
Tuesday, Jan. 19, 2016, 08:14 PM
Auto Remarketing Staff
With a retail workforce topping 1 million employees and the industry poised for sales growth, the National Automobile Dealers Association believes its members now more than ever need to focus on hiring and keeping talented employees. To help franchised dealerships stay competitive, officials are asking for participation in the NADA Dealership Workforce Study. The project […] [Read More]
Zeigler group opens new stores in Illinois
Tuesday, Jan. 19, 2016, 08:13 PM
Auto Remarketing Staff
The Zeigler Automotive Group announced Tuesday the opening of two new stores — one Nissan and one Infiniti dealership — in Orland Park, Ill. Side-by-side and named Orland Park Nissan and Orland Park Infiniti, the two stores opened on Jan. 7. Zeigler AG cited the strength and growth of the two brands as the reasoning behind […] [Read More]
Ford, Toyota join MLK celebration
Monday, Jan. 18, 2016, 09:06 PM
Auto Remarketing Staff
As the nation celebrated Martin Luther King Jr. Day, Toyota Financial Services and the Ford Motor Company Fund joined the festivities with actions that aimed at augmenting principles upheld by the famed civil rights leader. TFS is continuing its support of Historically Black Colleges and Universities (HBCUs) and their communities, by providing $60,000 to five […] [Read More]
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