Integrated Auction Solutions has launched a customized marketplace for the Retail Automotive Alliance, an auto dealer group in the U.K. This development follows a six-month pilot. This UK dealer alliance plans to use the RAA MarketPlace to sell inventory internally first, then utilize it as a full retail application to sell trade-ins and frontline inventory vehicles, […] [Read More]

Shortly after she was promoted to the role of chief people officer of Cox Automotive in late September, we caught up with Janet Barnard, along with Cox Automotive's Joe George, at Cox Enterprises headquarters in Atlanta.  Check out the conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the […] [Read More]

Enterprise Holdings, owner of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, announced Thursday that it has honored 14 automotive auction partners with its 2017 Auction Achievement Award. The annual program awards several auto auction partners for exceptional service, in two categories: whole-car auctions and damaged-vehicle auctions. Recipients are recognized for their strong performance in areas […] [Read More]

The ServNet auction group has a new president for the next two years: Eric Autenrieth, who is general manager of Carolina Auto Auction and owner of Indiana Auto Auction. This is part of a planned leadership transition and was confirmed by the owners of the group’s member auctions during their semi-annual business meeting last month. […] [Read More]

For dealers who have units that just won’t turn, Manheim rolled out another solution on Thursday to solve that problem. To offer dealers more ways to meet their buying and selling needs on their terms, Manheim launched a new OVE “Dealer Direct Event” sales channel.  With this offering, dealers can host digital event sales using […] [Read More]

Liquid Motors has entered a new partnership that will combine its auto marketing and remarketing solutions with WeGoLook’s on-demand, in-person auto condition inspections and reports. The companies are currently completing the final phases of integration and expect to launch their collaborative solution by the first quarter of next year, Liquid Motors said in a news […] [Read More]

Based on results reported by automakers, October was a solid month for the Canadian certified pre-owned vehicle market. For instance, Hyundai sold 938 certified vehicles in October, a major increase from 627 a year ago. This was its best October since 2013. Year-to-date, its numbers are up 56 percent with 7,732 CPO sales. Volkswagen moved […] [Read More]

October was a month of growth for Dealertrack Canada. How so? There was nearly a 25-percent year-over-year spike in the volume of Top 10 Funded Used Vehicles in its online credit application network, the company said. In addition to that 24.8-percent jump from October 2016, the volume was up 5.8 percent month-over-month. “With recent wins […] [Read More]

Traffic Control, a solution for dealers retailing 50 to 150 vehicles a month, this week announced new features for improving multiple F&I-related steps to enhance deal cash flow, employee efficiency and customer satisfaction. Traffic Control CRM now features e-document technology integrated with RouteOne to pull finance company stipulations so F&I can prepare and submit to […] [Read More]

Beyond its originations and collections activities, Wall Street observers questioned Credit Acceptance Corp. leadership about two specific operational areas when executives discussed their third-quarter results. Investment analysts wanted to know about Credit Acceptance’s strategy for adding to its sales force to enhance its active dealer network, which stood at 7,737 dealerships at the close of […] [Read More]