HGregoire, or HGreg.com, as it’s known in the U.S., still retains a startup-like culture even after it has been “disrupting” the market for almost 35 years now. That’s according to HGreg.com president John Hairabedian, who spoke with Auto Remarketing Canada in late April. He said that since its launch, the company has been focused on […] [Read More]

The ongoing partnership between Uber and vehicle subscription provider Fair has an interesting new element. Uber drivers in select markets throughout the U.S. will now be able to use a pre-owned vehicle for ride-sharing through Fair for free for the first week. The program debuted in January in California and now being scaled elsewhere in […] [Read More]

Sales of cars and trucks have risen since the end of the 2009 Great Recession, and because vehicle owners are driving their vehicles longer, service has also expanded. Consumer awareness of the need for preventive maintenance, repairs and scheduled servicing to extend the overall value of their vehicles has created rising demand for parts and […] [Read More]

The automotive industry is no longer competing with itself for talent. Hireology co-founder and chief executive officer Adam Robinson says that in looking for new hires, auto dealers now compete with Amazon and that company’s $15-per-hour minimum wage. The auto industry competes with Jiffy Lube and the hospitality industry. And you might be surprised to […] [Read More]

Vehicles that retain a strong residual value offer an unmistakable benefit to automakers and consumers alike. Such models allow for a competitive cost of ownership and leasing advantage, with some being better values when it comes to leasing. One of the biggest factors in the total cost of a lease is the vehicle's residual value. […] [Read More]

One of the experts set to appear during the upcoming 23rd annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association doesn’t have upbeat expectations of how the subprime auto finance space will perform. Portfolio performance is expected to deteriorate soon, according to a 360-degree market study released last week by Credit Chronometer, […] [Read More]

Along with rolling out a tool that’s designed to deliver precise damage exposure data from a tornadic event within minutes, CoreLogic on Wednesday launched a solution aimed at leveraging the capability of alternative credit data. The global property information, analytics and data-enabled solutions provider unveiled the new CoreLogic Teletrack platform, offering lenders and credit issuers […] [Read More]

Music. Movies. TV shows. And even … razors. The subscription economy has completely taken over. Customers now expect to pay a flat monthly fee for unlimited services. That expectation is moving into the automotive industry, according to Syncron, a provider of cloud-based after-sales services. The company said in a news release that because of those expectations, […] [Read More]

Digital automotive marketplace TrueCar appointed Noel Watson as executive vice president and chief financial officer, with responsibility for leading TrueCar’s financial operations, including accounting and investor relations. Watson, who spent the last 13 years with online travel platform TripAdvisor, will be based in Santa Monica, Calif. He will report to TrueCar president and chief executive […] [Read More]

Dealers likely set their sights on retailing used vehicles during Memorial Day weekend rather than being quite as active in securing more inventory from the lanes last week. The collection of data and observations included in Black Book’s latest Market Insights report offered a variety of evidence to indicate the wholesale landscape is transitioning from […] [Read More]