A former award-winning member of Dealertrack’s team recently joined FrogData, a business analytics platform that can deliver advanced reporting, business insights and predictive analytics to dealers, helping them make better decisions to make a positive impact on their business. FrogData continued its rapid expansion with the hiring of Paul Arenson as senior sales consultant. Arenson […] [Read More]

Among 2018 model-year vehicles that have shown strong value in 26 segments, ALG recognized Audi and Subaru as top premium and mainstream brands, respectively, in its 10th annual Canadian Residual Value Awards (RVA). ALG presented winning automakers with their awards in advance of the Toronto Auto Show last month. The Canadian RVAs recognize the top […] [Read More]

Group 1 Automotive recently announced Mercedes-Benz and Smart franchise acquisitions from U.K.-based Robinsons Motor Group. The dealer group has also appointed Darren Guiver to serve as its U.K. operations managing director, a move that was effective Thursday. The company acquired three smart franchises and five Mercedes-Benz franchises. During Group 1’s quarterly conference call on Feb. 8, the […] [Read More]

An auction executive who gained experience in Florida now is overseeing an operation in Virginia Auction Management Solutions client Richmond Auto Auction recently announced that Wyatt Carter has been promoted from assistant general manager to general manager, effective immediately.  Carter has been with Richmond AA since the beginning of 2017, previously working for ADESA Orlando […] [Read More]

Lithia Motors continues to add more stores to the dealer group near locations already in the company’s portfolio. Within days of announcing an acquisition near Pittsburgh, Lithia said on Thursday that it has acquired six marquee stores from Prestige Family of Fine Cars in Bergen County, N.J., including a BMW, Mini, Mercedes-Benz, Toyota and two […] [Read More]

The automotive industry is changing at an unprecedented pace as consumers demand the industry to embrace the digital-first world. Individuals are beginning their car-shopping process online at an increasing rate, completing most of their research before stepping foot in a dealership. In fact, according to Cox Automotive’s recent "Future of Digital Retail Study," seven in 10 […] [Read More]

Perhaps it’s the mix of applicants or finance companies passing on risk to potential new-vehicle buyers. Whatever the specific trigger, Edmunds announced on Thursday that interest rates on new-vehicle installment contracts are expected to soar to their highest point in eight years in February. Edmunds reported that annual percentage rate (APR) on new financed vehicles […] [Read More]

TransUnion Canada director of research and industry analysis Matt Fabian used the words credit, consumer and correctly within the same thought to describe the overall picture painted by TransUnion’s latest Canada Industry Insights Report Fueled by younger Canadians and overall confidence in the nation’s economy, Fabian and the TransUnion team spotted an array of positive […] [Read More]

In this episode, Joe previews the Auto Remarketing Canada Conference with Cherokee Media Group president Bill Zadeits. Plus, AR Canada correspondent Sarah Rubenoff chats with Jeremy Belanger of SAL Group, who will be among the speakers at the March 27-28 event in Toronto. Check out the conversations below.  Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  […] [Read More]

I had to Google it. (and whatever you call checking “Wikipedia” these days). But thanks to a story I found in The Guardian among other online search results, I now know that the moniker for a 70th wedding anniversary — at least in the case of Britain’s Queen Elizabeth and Prince Philip, who celebrated theirs […] [Read More]