JM Family Enterprises will have a new chief executive officer on July 1. Replacing Colin Brown, who was appointed CEO in 2003 by company founder Jim Moran, will be Brent Burns, who is JM’s current president and chief operating officer. Brown will remain board chairman and provide guidance to Burns in the new post. Burns has […] [Read More]

Why do consumers sometimes leave dealership lots without buying a vehicle? Why do some customers just show up unexpectedly and buy a car?  Drew Harden, the manager of research and insights at CARPROOF, is our guest this week and answers those questions and more.  During this show recorded at the Auto Remarketing Canada Conference, Harden also discusses the rebranding […] [Read More]

Roger Penske was answering a question specific to the retailer’s operations in the U.K., but the sentiment, perhaps, is universal when it comes to the standalone used-car stores at Penske Automotive Group. Responding to that inquiry during the Q&A portion of the company’s quarterly conference call, Penske said that used-car standalone stores “really give us […] [Read More]

With the event three months out, planning is in the works for the International Automotive Remarketers Alliance Summer Roundtable at the J.W. Marriott in Marco Island, Fla. This year's roundtable is set to run from Aug. 21 to Aug. 23. Registration for the event will open on Tuesday, and early registration fees will be available until July 23, IARA […] [Read More]

Lithia Motors leadership discussed people in significant detail during its first-quarter conference call with the investment community. Lithia is keeping close tabs both on individuals who employed by the dealer group as well as its customer base that is exhibiting changing behavior. Lithia president and chief executive officer Bryan DeBoer intrigued Wall Street watchers during […] [Read More]

Asbury Automotive Group will spend the rest of the year focusing on parts of its business it can control and expects to invest in excess of $10 million on its omni-channel strategy, company executives said. “Our plan for the remainder of 2018 is to focus on the aspects of the business that we can control, […] [Read More]

AutoAlert has promoted an executive who has been essential to the development of the new consumer experience management (CXM) platform that the company unveiled last month. Julian Johnston has transitioned from senior director of product consulting and sales to serve as new AutoAlert vice president of innovation and platform philosophy, company chief executive officer Mike Dullea announced in a […] [Read More]

Wholesale growth isn’t just being experienced by corporately owned auctions as an independent operation in the Northwest is on quite a positive trajectory. Doubling its business in less than 36 months has meant a lot of hard work for the team at Dealers Auto Auction of Idaho, but facility improvements and new consignors have put […] [Read More]

When Protective Asset Protection, conducted its latest survey addressing dealer concerns and opportunities with F&I product offerings, the provider of F&I programs, services, and dealer-owned warranty programs wasn’t surprised to see margin to be a primary concern. An element that did catch the attention of Protective Asset Protection senior vice president of distribution Rick Kurtz […] [Read More]

The ongoing momentum credit unions are generating in the auto finance space surfaced again through a first-quarter development from GrooveCar, which now can reach another 450,000 members who might be purchasing a vehicle. The company announced 18 new credit union partners have joined the GrooveCar Direct online vehicle buying program in Q1. The program promotes […] [Read More]