Another way data can be used as a catalyst for positive change surfaced on Monday. J.D. Power and HARMAN announced an alliance that the companies say will significantly influence the automotive industry’s use of vehicle data to enrich the customer experience, solve problems more effectively and help identify what consumers want from their increasingly automated […] [Read More]

Lease penetration in the first half of 2018 was relatively steady with year-ago figures, according to data released Monday by Edmunds. Through six months, average lease penetration was at 31.3 percent, compared to 31.2 percent in the first half of 2017. The first-quarter levels were at 31.7 percent in both 2017 and 2018, while second-quarter […] [Read More]

Equifax auto finance leader Lou Loquasto pictures an industry landscape where finance companies rank dealerships based on risk and potential profitability, just like they do consumers as applications arrive in the underwriting department. By extrapolating the knowledge gleaned through static pool analysis, Loquasto explained how dealerships and finance companies still can capture potential business in […] [Read More]

In 2017, Western Canada’s Koch Automotive Group launched an e-commerce website for its client-base, featuring tools like online deposits and reservations, customer accounts, wish lists and more.    Feedback so far has been positive, Koch Ford Lincoln assistant general manager Jeremy Koch told Auto Remarketing Canada, and “customers are generally surprised by everything that they […] [Read More]

Lithia Motors announced Monday that it has brought on a new senior vice president and chief human resources officer. Chosen for the position is Erik Lewis, who most recently served as chief human resources officer at the hospitality company Apple Leisure Group. Lewis' appointment comes just a week after the company announced that it has named its first-ever […] [Read More]

In a stream of summer auto auction news, ServNet Auction Group announced in a newsletter update that Louisiana’s 1st Choice Auction Auction has increased its OVE.com sales by 68 percent over last year, and the Greater Rockford Auto Auction just held its “GRAA'lapalooza” 44th Anniversary Sale earlier this month.  Louisiana’s 1st Choice reaps rewards of […] [Read More]

Last week, Kia Motors America announced its customers will continue to receive a three-month SiriusXM all-access subscription. The OEM and SiriusXM have extended their partnership by another five years, taking the offering through Kia’s 2023 model year. The all-access programming package is the satellite radio company’s most expansive, and includes streaming via its mobile app. […] [Read More]

In this episode, Dealer Profit Pros founder Kenny Atcheson goes into more detail about a special dealership advertising survey he conducted with Cherokee Media Group and how stores can take full advantage of their promotional resources in a changing media landscape. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  […] [Read More]

For this episode, Auto Remarketing senior editor Joe Overby sits down with Black Book's Jared Kalfus in Las Vegas during NADA Show 2018 in March to talk about using VIN-specific car history data to generate more precise vehicle valuations. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

America’s Auto Auction has brought on a new national accounts manager who will represent the company’s 21 independent auto auction locations. Rachel Ballard, the newest America’s AA national sales team member, was recognized as a 2016 Women in Remarketing honoree while serving as the national accounts manager at Capital City Auto Auction. “It is with much excitement and […] [Read More]