Retail
VW has until April 21 to create ‘concrete’ diesel vehicle plan
Nick Zulovich, Staff Writer
Volkswagen has until April 21 to submit a plan to federal regulators regarding how to fix or buy back vehicles included in the diesel emissions controversy; a situation that based on the estimates from Kelley Blue Book could cost the automaker more than $7 billion. U.S. District Judge Charles Breyer on Thursday extended the deadline […] [Read More]
eBay Motors partners with WeGoLook for inspections
Auto Remarketing Staff
Users of eBay Motors will now have the inspection services of WeGoLook at their disposal, thanks to a partnership between the two companies. Through WeGoLook, eBay Motors will be able to offer on-site inspections on any car, motorcycle, RV, powersport vehicle or boat in the U.S. Rates will start at $69 per inspection, eBay […] [Read More]
CarLotz opens first store in NC
Auto Remarketing Staff
CarLotz, a consignment store for vehicles serving the sale-by-owner and corporate vehicle markets, announced the opening of its first store in Charlotte, N.C. Along with the location being first in the Tar Heel State, the store located at 6501 East Independence Blvd. in the heart of what the company called “Charlotte’s largest auto mile” also is the […] [Read More]
How Galpin creates like-new experience with CPO
Joe Overby, Senior Editor
It was a tight race at the top, but Galpin Ford managed to rank as the top-selling certified pre-owned dealer for Ford in 2015. The North Hills, Calif., dealership sold 1,464 CPO units last year. As part of our “Best CPO Dealers in the United States” issue this winter, we asked Al Joseph — the general […] [Read More]
NIADA adds National Member Benefit partner
Auto Remarketing Staff
The National Independent Automobile Dealers Association announced a new National Member Benefit partner on Friday, bringing Car Brite into the fold. Car Brite provides professional detailing and restoration products. With this move, NIADA members will receive a bonus package for installing the Car Brite SELECT detailing system. “We are delighted to have Car Brite become […] [Read More]
NADA preview: Chairman’s take on CPO & more
Joe Overby, Editor
One of the biggest areas of growth for the auto business in recent years, and one particularly impactful for franchised dealers, has been certified pre-owned car sales. Even after five straight years of record years, we may only be scratching the surface for CPO. In an emailed Q&A with National Automobile Dealers Association chairman Jeff Carlson ahead […] [Read More]
Sharing economy: an opportunity for car dealers?
Joe Overby, Editor
Not only can you expect new-car buying and vehicle ownership to remain relatively unscathed by car-sharing and ride-sharing upstarts, these burgeoning services may actually present an opportunity for dealers and others in the auto business. That’s according to a recap of the 2016 Kelley Blue Book Ride Sharing/Car Sharing Study, which was commissioned by KBB […] [Read More]
Dealership transaction activity hits record high
Auto Remarketing Staff
U.S. dealerships were buying and selling at rapid rates last year, fueled in part by Berkshire Hathaway’s giant acquisition of the Van Tuyl auto group. According to The Blue Sky Report from Kerrigan Advisors, which released its full-year 2015 analysis on Wednesday, U.S. dealership buy/sell activity reached record highs last year. According to The Banks Report […] [Read More]
CarMax filling over 1,600 jobs nationwide
Auto Remarketing Staff
CarMax announced Tuesday it is currently recruiting for more than 1,600 positions in its locations across the United States. According to the company the majority of the positions are in sales, with additional positions available in service, purchasing and in the business office. The positions available also range from full- and part-time with day and […] [Read More]
Breaking down February’s CPO sales
Joe Overby, Editor
The Big 3 increased certified pre-owned sales by 1.6 percent year-over-year in February, moving 77,734 certified units, according to Autodata Corp. Year-to-date, the Big 3 is down 1.5 percent with 147,038 sales. Meanwhile, Asian brands sold 99,249 CPO vehicles for the month and were up 14.7 percent. Through February, they are up 8.4 percent with […] [Read More]
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