Automotive brand loyalty is making a comeback. After taking a significant drop during the pandemic and associated supply issues, the percentage of car buyers purchasing a new vehicle from the same brand they currently own rose for the second consecutive year in 2024, according to the LexisNexis Risk Solutions’ Automotive Brand Loyalty Study. Brand loyalty […] [Read More]

There’s nothing new about the two top brands when it comes to residual value. Toyota was named the top mass market brand for the sixth consecutive year and Lexus took the premium brand award for the fifth year in a row as J.D. Power announced the winners of its 2025 Canada ALG Residual Value Awards. […] [Read More]

Cox Automotive’s vAuto announced the launch of two enhancements to ProfitTime GPS and its Provision platform. The company introduced Centralized Inventory Management to support dealer group oversight by streamlining operations, enhancing transparency and delivering actionable insights; and a new appraisal experience, designed to help dealers win more trade-ins in the current supply-constrained used-vehicle market. The […] [Read More]

Spiffy is gaining momentum in the mobile service department segment. The company announced last week that its Digital Servicing platform has been integrated with CDK’s Fortellis platform, meaning dealerships can now connect Spiffy’s mobile service technology with CDK’s management system. As part of this, Spiffy has added a third dealership to its Digital Servicing program: […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a fireside chat, featuring George Chamoun, the CEO of ACV. Chamoun shared anecdotes about his family, the early portions of his professional career and what could be happening at ACV and elsewhere in the wholesale market. […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a fireside chat, featuring Grace Huang, who is president of inventory solutions at Cox Automotive. Along with projecting what might be happening at Cox Automotive and elsewhere in the wholesale market. Huang shared anecdotes about her […] [Read More]

Like much of the auto retail industry, CDK is heading for the NADA Show, which opens Thursday in New Orleans, where the dealership software provider plans to showcase the Hybrid Intelligence used by its Dealership Xperience platform. While artificial intelligence processes data through pattern recognition, the company said, it lacks human reasoning, creativity and real-world […] [Read More]

Team Automotive Group has selected a longtime automotive trainer to lead its operations. The Charlotte, N.C.-based dealership group, which operates five locations in the Carolinas, has named NCM Associates moderator and consultant Thaddaeus “TJ” Wilson IV its new chief operating officer. In a news release, the company said Wilson’s 30-plus years of industry experience and […] [Read More]

KeyTrak, a provider of key and asset management systems, is building on its partnership with real-time location services company TrueSpot with a system designed to allow dealership personnel to locate vehicles and their keys faster from the palm of their hand. The companies will unveil their new tool at this week’s NADA Show in New […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Lizz Callaway, who now is director of partnerships development at Origence. Callaway again taps into her deep experience using artificial intelligence to explain how this technology continues to improve auto financing and […] [Read More]