Dealers Auto Auction Group has purchased Rea Brothers Mid-South Auction from the Rea family, a move that expands the independent auto auction group into Mississippi. In late January 2016, the Rea family repurchased Mid-South Auction from the XLerate Group. Mid-South, originally founded in 1972, had formerly been owned by the Rea family and operated under […] [Read More]

The Auto Remarketing Canada Conference team announced Tuesday that TradeRev has joined CARPROOF as a presenting sponsor for this year’s event. Along with presenting sponsors TradeRev and CARPROOF, key industry associations like the CFLA, IARA, AMVOQ and others have come onboard to host this event in Toronto, whose content is specific to the used-car, auto finance and […] [Read More]

ActivEngage announced Tuesday that it has brought aboard Jeff Clark to serve as its new vice president of sales. Clark is a sales leader with over 20 years of experience leading large automotive industry sales teams, the company said. "Jeff brings with him an abundance of sales expertise, key connections and invaluable relationship-building skills that we […] [Read More]

DealersLink, a provider of automotive systems integration and networking technology, announced that it has recently expanded its geographic reach after signing more than 100 new dealer members recently in Arkansas, Mississippi, Alabama, Georgia and Florida. Among the new clients are the following dealerships: —Susan Schein Automotive, Pelham, Ala. —Greg Orr Cadillac, Hot Springs, Ark. —Ross […] [Read More]

DealerFenix announced the release of its reporting and workflow automation system for dealerships on Monday. The DealerFenix platform is designed to improve consistency by helping dealers eliminate repetitive tasks, automate dealership workflow processes and easily track Key Performance Indicators. “For more than 20 years I have worked with dealers and watched the way they used […] [Read More]

At Used Car Week in November, Joe sat down with United Road president and chief operating officer Mark Anderson to talk about finding drivers for vehicle logistics/transportation providers, how the online sales environment impacts the transportation/logistics space, the impact of hurricanes to the segment and more. Check out their conversation from La Quinta, Calif., below, and find […] [Read More]

Independent dealers went into 2018 with an upbeat mood. Why? The economic and retail sales growth expectations of independent dealers have improved substantially, according to the National Independent Automobile Dealers Association’s business confidence survey for the fourth quarter of 2017. The survey of NIADA members is conducted each quarter in partnership with Equifax to gauge […] [Read More]

U.S. News & World Report announced Tuesday that Honda earned more Best Cars for the Money awards than any other automaker this year. The awards recognize vehicles that provide consumers with the best combination of quality and value in 14 different automotive categories. Honda models earned awards in four categories, including the CR-V for best […] [Read More]

ACV Auctions announced a $31 million round of Series C venture funding Tuesday that the company says will allow the online auto auction to double its footprint and expand coast-to-coast by year’s end. With this latest round — which was led by led by Bessemer Venture Partners, Tribeca Ventures, SoftBank NY and Armory Square Ventures […] [Read More]

Less than a week after announcing it purchased the active lease portfolio of Uber’s Xchange Leasing, Fair shared two more big moves on Monday: another round of funding and the purchase of vehicle-delivery app Skurt. As far as the capital raise, Fair secured a round of strategic equity funding that is led by Siemens-backed next47 global […] [Read More]