America’s Auto Auction has made its seventh acquisition of the year, announcing that it has purchased Dealers Auto Auction of the Rockies. It represents America’s first location in Colorado and follows the group’s acquisition of the auction’s sister location, Dealers Auto Auction of Phoenix, earlier this year. “This acquisition represents a meaningful step forward in […] [Read More]

During last week’s NIADA Convention, I presented a session on Fair Lending, the FTC’s Advertised Price Guidance, and other issues. At the beginning of my session, I included a slide stating that it is an important disclaimer, advising the audience that my presentation is not meant to be legal advice and that the information provided […] [Read More]

Loyalty is one of those words that gets thrown around in business conversations regularly, yet its true depth is rarely fully appreciated. Ask most car dealership managers about the value of a loyal customer and they’ll point you to a number. They wouldn’t be wrong — but that would be incomplete. The monetary value of […] [Read More]

Along with its usual analysis of slightly softening wholesale prices and auction conversion rates, Black Book gave a little more attention to the retail side of the car business in its newest installment of Market Insights released on Tuesday. Black Book said its estimated reading of used retail days to turn remained at roughly 34 […] [Read More]

Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi, who is senior vice president of auto finance and dealer services for Canada at iA Financial Group. In this episode of the Auto Remarketing Podcast, Ciampi talks with Cherokee Media Group’s Joe Overby about the state of the Canadian auto finance industry […] [Read More]

You’re likely to see a lot of red and blue in coming days, be it Fourth of July celebrations or some of the remaining contenders in the FIFA World Cup, which includes the U.S. Just won’t see as much of it on the roads outside the stadium. According to an iSeeCars study on the most […] [Read More]

Perhaps you’re reinvigorated about your business after attending recent events hosted by the National Independent Automobile Dealers Association, your 20 Group or other organizations and service providers. Or maybe you’re thinking you should sell and get out of the car business before Fourth of July fireworks pop. Before making a hasty decision, an expert in […] [Read More]

It’s a cliché to say it takes money to make money. Well, new research from PayNearMe connected some specific figures to that saying for auto lenders and others involved in financial services. The platform that supports all major payment types and channels reported on Tuesday the U.S. bill pay market incurs more than $100 billion […] [Read More]

Auto Remarketing is proud to celebrate our annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. In addition to Q&A features in the July issue of Auto Remarketing, honorees will be recognized […] [Read More]

After launching a pilot program last year, Spiffy said last week that it has expanded its partnership with MSX International and Hyundai Motor America to begin rolling out mobile service capabilities across Hyundai’s U.S. dealer network. With the expanded partnership, Spiffy will provide its end-to-end mobile service platform to additional HMA dealers, while MSX will […] [Read More]