Sabrina Linares is studying accounting at Florida Atlantic University, and she is also preparing for a potential automotive industry career. On Tuesday, retail automotive technology company CDK Global and the National Association of Minority Automobile Dealers announced that Linares and three other students are recipients of the annual Fueling Careers scholarship program. The program awarded […] [Read More]

Less than a month after announcing the purchase of four stores within the John Eagle Dealerships family, Lithia Motors said Tuesday it has bought the group’s six remaining stores. The dealerships in the latest purchase are all in Houston, while the stores in the prior transaction were in Dallas and Austin, Texas. “The John Eagle […] [Read More]

In year six of Auto Remarketing’s annual Remarketing & Used-Car Industry’s 40 Under 40, you will find the current- and next-generation leaders of the business who are making big differences in the industry — and at their respective companies. Auto Remarketing is honored and thrilled to recognize these folks and celebrate their accomplishments. The list of this year’s honorees […] [Read More]

While bankruptcy filings have either remained stable or even below year-ago readings so far during a turbulent 2020, experts caution that filings could increase as financial difficulties continue from the coronavirus pandemic. To help finance companies consider the potential ramifications if a jump in contracts in their portfolios get pulled into bankruptcy proceedings, Kelley Kronenberg partner […] [Read More]

In a move cheered by an organization that advocates for small businesses like independent dealerships, the U.S. Treasury Department and Internal Revenue Service released guidance late last week regarding deferment of certain payroll taxes. The guidance stems from President Trump’s memorandum on Aug. 8 directing the Treasury Secretary of to use his authority to defer certain […] [Read More]

The first leg of the all-digital Auto Remarketing Canada Conference begins in less than two weeks with the Dealer Training segment of the event. Here’s how that piece, which runs Sept. 14-18, shakes out: Sept. 14​ 11 a.m. (ET) Physically Distant Selling: Prospering During the Pandemic // Alan Dickie, President, Alan Dickie, Inc. Noon The […] [Read More]

On Monday, Honda Canada announced that it reached an agreement to resolve Takata airbag inflator class action litigation in Canada. The automaker said the settlement will further enhance Honda Canada’s “significant” efforts to reach and encourage customers to bring their vehicles to authorized dealers for a free airbag inflator replacement.    As part of the settlement mentioned […] [Read More]

Mike Bolland, director of omnichannel customer insights and experience at Discount Tire, joins the Auto Remarketing Podcast, where he discusses the "touch-less experience" the company has adopted in response to COVID-19 and its applications in other industries. Bolland also discusses the omnichannel, end-to-end approach to the business, how Discount Tire gathers consumer feedback and more. […] [Read More]

Driven by climbing pre-owned demand and short new-car supply, retail used-vehicle prices in the first half of August had climbed 4.1% month-over-month, according to an iSeeCars.com analysis. Similarly, J.D. Power’s used retail price index was at 107.2 the week ending Aug. 23, up from 106.8 the prior week and continuing a long pattern of growth. […] [Read More]

It’s even less likely in our current pandemic world that shoppers are walking the lot at your dealership. Dealer.com said it understands that the increase in online car-shopping activity demands an upgraded user experience. To answer the call, Dealer.com is introducing an all-new search results page experience with strategic new upgrades that improve inventory search, […] [Read More]