Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
Read More
United Car Dealers Association Leaders Join CUCW Live Stage
Next up on our series of Auto Remarketing Podcast episodes from Live Stage at Canada’s Used Car Week is a conversation with United Car Dealers Association leaders Jim Hamilton, Christy Fines and John Tangreda. They talk with Cherokee Media Group ... Listen Here
Blair Earle of IAA Canada
Kicking off our series of Auto Remarketing Podcast episodes from the Live Stage at Canada’s Used Car Week is a conversation with Blair Earle, who is managing director at IAA Canada. Earle and Cherokee Media Group senior editor Joe Overby ... Listen Here
SPONSORED EPISODE: Bracing for more than ‘portfolio stress’ with John Elias of Allied Solutions
John Elias, sales specialist in auto finance business development with Allied Solutions, acknowledged lenders might be experiencing more than just “portfolio stress” since delinquencies, insurance costs, negative equity, and repossessions are all intensifying at the same time. Elias, who was ... Listen Here
Retail
COMMENTARY: The invisible tax on dealership advertising
For years, automotive retail has approached digital advertising as a volume game. The prevailing assumption has been that more traffic, more impressions and more leads naturally translate into more sales. However, as inventory costs rise, margins tighten and consumer demand ... [Read More]
AutoCanada sells Chicagoland store to Serra; AutoNation expands in SF Bay Area
AutoCanada took another major step towards divesting its U.S. properties, selling Toyota of Lincolnwood in the Chicago area for $40 million in cash (CAD) to Serra Automotive. The deal closed Monday. AutoCanada anticipates selling the rest of its remaining U.S. ... [Read More]
Wholesale
New AGM at America’s Auto Auction Boston
America’s Auto Auction has a new assistant general manager at its Boston area location. And the new executive didn’t have to travel far. Joining America’s Auto Auction Boston as assistant GM is Liz Morich, who brings 25 years of remarketing ... [Read More]
Lane watch: Black Book explains why auction conversion rate dropped 4% last week
Black Book watched auction conversion rates drop 4% week-over-week to settle at 58% during the timeframe that ended on Saturday. Analysts explained what might have happened through its newest edition of Market Insights, which also showed overall wholesale values ticking ... [Read More]
Technology
CARFAX-UVeye integration gives dealers deeper insights in service lane
It’s always helpful to have another “eye” on a used vehicle during an appraisal. Or in CARFAX’s case, a “UVeye.” The two companies announced an integration this week that brings together UVeye’s automated drive-through vehicle inspection platform and CARFAX’s service ... [Read More]
Cox Automotive Navigator designed to help dealers use multiple technology solutions
There are some times when repetitions can be valuable, like refining your golf swing or learning another language. But Cox Automotive recognized that repetition at the dealership sometimes can be burdensome for managers and salespeople. So, on Thursday, the company ... [Read More]
Analysis
EVs, hybrids & other fuel-efficient segments show retention revival
After two years of downward pressure and headwinds, there has been a spark in wholesale prices of electric vehicles. Especially for the segment’s most dominant nameplate. And among internal combustion engine vehicles, fuel efficiency is fueling price retention. That’s according ... [Read More]
Reality of buyers at independent dealerships: Need over want & under financial pressure
“Know Your Buyer, Grow Your Lot” is the title of a new research ebook from Cox Automotive, which consulted with the National Independent Automobile Dealers Association on the project. And one major trend that independent dealers should know about their ... [Read More]
Digital Edition Ad
Offerings
