Kerrigan Advisors tabulated the figures and discovered the dealership buy/sell market recorded another year of tremendous activity in 2018, generating 6.9 percent in growth above the 2017 level and marking the fifth consecutive year of more than 200 transactions. According to The Blue Sky Report’s Year in Review released this week, analysts indicated 216 transactions […] [Read More]

According to details shared with Auto Remarketing this week, five operations have received accolades for 2018 performance through the Ford Auction Service Award Program (ASAP). The Ford ASAP is a competitive, performance-based program that monitors and rates Ford-sponsored auctions on their operational efficiency of Ford-owned vehicles throughout every step of the auction process. These steps include […] [Read More]

Perhaps like many dealers and consumers, the analysts who compiled the latest ADESA Canada Used Vehicle Price Index — powered by ALG — appear eager for spring to arrive, especially with the volume of new-vehicle sales in February. The February index increased after being adjusted for seasonality with wholesale prices ticking up on average by […] [Read More]

A digital retailing and messaging company has released what it describes as the first reputation enhancement product for dealerships. ActivEngage has released AcceleRater, which the company says will help dealerships get more customers and increase revenue. It produces more 5-star ratings for dealerships with every review engagement, according to the company, which added that the […] [Read More]

Baby Boomers in their teens and 20s defined American car culture. What about Gen Z? Various reports have listed different ages for that group, but those in Gen Z, typically born around the mid-1990s to the mid-2000s, will ultimately become synonymous with mobility culture. A report from Allison+Partners suggests that evolving definitions of transportation, in […] [Read More]

Electric vehicle designer and manufacturer Fisker describes founder Henrik Fisker as an “EV pioneer” and a “world-renowned, American automotive icon.” Among his company’s highlights through the years is the Fisker Flexible Solid-State Battery, which the company says “is ushering in a new era in fast charging, safety and range.” Now as part of its new […] [Read More]

Those used vehicles on your front line and highlighted on your store website — especially certified pre-owned models — are going to look even more appealing if a new report from Edmunds is any indication. Edmunds projected on Wednesday that used-vehicle sales in 2019 are poised to hit the highest level since the recession. In […] [Read More]

Dealers who want to get involved with individuals looking to participate in the ride-sharing economy have another opportunity by leveraging their idle inventory. On Wednesday, DriveItAway announced it is partnering with MyDealerOnline to give ride-share drivers what the companies called “unprecedented choice” in selecting a temporary vehicle to drive, giving them access to hundreds of […] [Read More]

Over the past year, there has been a great deal of discussion about the fees related to the removal and storage of personal property. The issue has resulted in significant changes by most lenders as to how personal property fees are handled. As one of the leading nationwide repossession management companies, we have dealt with […] [Read More]

This week, Darwin Automotive announced that it has been selected by Ford Protect to be a preferred provider within the company’s core F&I menu, as well as the Darwin digital retailing and service menu for Ford Dealerships nationwide. Dealerships use the Darwin technology platform to deliver a personalized, effective customer experience and to rate, contract […] [Read More]