Retail
KBB assembles 2 lists of best used vehicles for college students
Thursday, Aug. 24, 2023, 11:44 AM
Auto Remarketing Staff
Many colleges and universities started their fall semesters this week. Perhaps those students already had a vehicle. But for the ones who do not, Kelley Blue Book compiled two lists highlighting the best used vehicles for college students. KBB first built a list of a dozen models that experts said are the best used cars […] [Read More]
Dominion-Armatus integration aims to help dealers with warranty submissions
Thursday, Aug. 24, 2023, 11:31 AM
Auto Remarketing Staff
Dominion DMS has integrated Armatus Dealer Uplift into its VUE system, a move designed to help dealers increase their annual warranty parts gross profits. Armatus works with more than 6,200 dealers, helping them get 13,400 approved submissions in all 50 states. It has been endorsed by 20 state dealers associations. The company said Armatus is […] [Read More]
Anderson Automotive Group acquires 7 dealerships in Upstate SC
Wednesday, Aug. 23, 2023, 04:01 PM
Auto Remarketing Staff
North Carolina-based Anderson Automotive Group has boosted its presence in South Carolina with the purchase of seven dealerships from S.C.-based MCE Automotive Group, according to a news release from Kerrigan Advisors. With the acquisition of Toyota of Greer, Kia of Greenville, Kia of Greer, Hyundai of Greer, Genesis of Greer, Nissan of Greer and Mike […] [Read More]
No shock: Ford F-150 Lightning tops survey of EV truck shopper consideration
Wednesday, Aug. 23, 2023, 02:52 PM
Auto Remarketing Staff
The Ford F-150 has long dominated the market for full-sized pickup trucks. So the results of Cox Automotive’s latest research into the electric truck market are not exactly… shocking. Cox’s 2023 Consumer Snapshot: Electric Full-Size Pickup Trucks found the F-150 Lightning is the No. 1 electric pickup considered by truck shoppers, ahead of models from […] [Read More]
Aftermarket acquisition: RealTruck makes deal for Go Rhino
Tuesday, Aug. 22, 2023, 03:22 PM
Auto Remarketing Staff
The manufacturers of some of the aftermarket products that might make that used truck or SUV more appealing to your potential buyer now will operate as one company. On Tuesday, RealTruck announced it has acquired IDDEA (Industria Diseñadora De Autopartes), which goes to market under the Go Rhino brand. Officials said Go Rhino holds 40 […] [Read More]
UPDATED: Lotlinx introduces customized weekly data report for dealers
Tuesday, Aug. 22, 2023, 02:49 PM
Auto Remarketing Staff
Lotlinx is now offering dealers access to a weekly report it’s calling “the first of its kind.” The VIN-specific inventory management platform has launched the Lotlinx Risk Report, a free weekly data analysis customized to each dealer, designed to help dealers understand how they compare in the local market and identify areas of potential risk. […] [Read More]
Cox Automotive report shows July drop in service department activity
Tuesday, Aug. 22, 2023, 10:51 AM
Auto Remarketing Staff
Service department activity at franchised dealerships fell significantly in July, according to analysis of Xtime metrics cited in a Cox Automotive Data Point report. The report showed service revenue down slightly for the third consecutive month after reaching record highs in March and April, while the Repair Order Volume Index decreased compared to the previous […] [Read More]
Auto industry offers donations and assistance to Maui wildfire victims
Friday, Aug. 18, 2023, 02:09 PM
Andrew Friedlander, Associate Editor
Auto manufacturers, dealers and more have stepped up with donations and other relief programs in the wake of the devastating wildfires on the Hawaiian island of Maui, which according to the latest estimates, have left more than 100 dead, 1,000 or more still missing and more than $1 billion in property damage. Korean automakers Kia […] [Read More]
Dealer group news: Swickard grows in Texas, Spitzer Auto World expands Ohio footprint
Thursday, Aug. 17, 2023, 01:53 PM
Auto Remarketing Staff
A big dealer group is getting bigger, with new facilities coming — appropriately enough — in Texas. Swickard Auto Group, owner of 42 franchises nationwide, has announced its plan to open Mercedes-Benz South Austin in late 2023, promising to “bring luxury automotive experiences to the South Austin area.” The new dealership, which will cover 80,000 […] [Read More]
Dealer group news: Holman opens first Audi Sales Studio, Albrecht Auto Group adds Massachusetts dealership
Wednesday, Aug. 16, 2023, 03:01 PM
Auto Remarketing Staff
Two weeks after announcing the opening of its Porsche Studio in San Diego, Holman is bringing a similar “premium automotive retail experience” to an Audi store next door. The dealership group, which owns 40 franchises nationwide, has opened the Audi Sales Studio in the upscale, open-air Fashion Valley mall — right next to the mall’s […] [Read More]
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