Thursday, August 1, 2019 - 2:29pm

Nick Zulovich, Staff Writer

According to data compiled by the National Automobile Dealers Association, the average amount of total expenses at a franchised store climbed by nearly $400,000 between 2016 and 2018 to above $6.8 million. During the span, the Federal Reserve raised interest rates eight times. While “Money and Smoke”... Read More

Monday, July 29, 2019 - 3:36pm

Auto Remarketing Staff

In his new position as vice president of operations for the East division of Automotive Finance Corp. — a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services — Kyle Maurer now has operational leadership over 80 AFC branch or site locations. In... Read More

Friday, July 12, 2019 - 12:45pm

Auto Remarketing Staff

Pushback dealerships might hear from potential vehicle-lease customers come from individuals who say that using ridesharing services could be more cost effective rather than taking on a lease contract. Well, the analyst team at Swapalease.com ran the numbers — taking into consideration that costs for ridesharing... Read More

Thursday, June 20, 2019 - 10:17am

Auto Remarketing Staff

With modern vehicles containing complex components that can be quite expensive to repair or replace, the value proposition for including an extended warranty can be even more compelling for dealership finance managers to offer their customers. GWC Warranty area vice president of strategic alliances Wendy Pratt shared... Read More

Thursday, June 20, 2019 - 10:15am

Auto Remarketing Staff

Along with his legal expertise as director of compliance for Reynolds Document Solutions, Terry O’Loughlin also possesses deep knowledge of history, especially in connection with paper and how it’s used for financing contracts used by dealers. Nick recorded this episode during this year’s National... Read More

Friday, June 14, 2019 - 12:56pm

Auto Remarketing Staff

As part of Auto Remarketing’s Top 100 Used Car Dealers: Independent Edition, we highlight some of the leading lenders in the space. The Top Used-Car Lenders Among Independent Dealers ranking is based on data from  Experian Automotive, which includes the top 20 lenders with the... Read More

Wednesday, June 12, 2019 - 1:14pm

Auto Remarketing Staff

An executive who previously was with a member of the Cox Automotive family of companies now has a leading role with a division within KAR Auction Services. According to a news release distributed on Wednesday, Preferred Warranties (PWI) announced the addition of Allison Marley as the company’s new vice president... Read More

Monday, June 3, 2019 - 4:40pm

Auto Remarketing Staff

After launching as a pilot a year ago in Philadelphia and Nashville, Tenn., the Mercedes-Benz Collection vehicle subscription program is expanding to Atlanta, which is home to Mercedes-Benz USA. Additionally, the subscription program is adding the Premier tier in Nashville, the company said Monday. Mercedes-Benz... Read More