Asbury Automotive Group will be exiting its Q auto used-car standalone store business, chief operating officer David Hult said on a quarterly conference call Tuesday morning. A company spokesperson said via email that the closing process began at its two remaining Q auto stores — which are located in Brandon, Fla., and Tampa — on […] [Read More]

RepairPal.com released analysis on Tuesday that blends together the site’s data with information from the National Highway Traffic Safety Administration to find the cities most impacted by vehicle recalls. The site organized user data relating to owner inquiries website user activity by ZIP code seeking repair information during the past five years along with recall […] [Read More]

Here is more evidence as to why customers sitting across the desk from you might be frustrated the rate attached to their installment contract isn’t as favorable as they expect. A new survey from FactorTrust indicated most U.S. adults do not understand what is and what is not included in their credit history, and therefore […] [Read More]

Avis Car Rental has come out with a new skill for Amazon Alexa, giving consumers a new way to book their next car rental in today’s evolving digital age. Avis’ integration with Amazon Alexa will allow customers to both book and manage car rental reservations via Amazon voice-controlled artificial intelligent personal devices like Amazon Echo. This will […] [Read More]

When you publish a news story the Friday before a long holiday weekend, conventional wisdom suggests that you might not get much feedback — no matter how interesting the subject matter.  On June 30, Auto Remarketing published such a story, and as it turned out, conventional wisdom was wrong. Sometimes the subject matter just strikes a […] [Read More]

Steve Burke spent more than three decades making bulk portfolio purchases during his career that includes leadership positions with Center Street Finance, SFG Finance, Regional Acceptance and FSB Financial. Burke highlighted how technology changed the auto finance business with solutions such as sophisticated credit decisioning models, improved collection tools and GPS devices. “However, one thing […] [Read More]

Toyota, Kia and Tesla are the brands that online consumers are shopping for the most this year, according to Jumpstart Automotive Media's latest shopper study released on Monday. Jumpstart’s June Path to Purchase report highlights the vehicle segments, makes and models that captured the largest share of online car shoppers during the first half of 2017. Toyota's overall […] [Read More]

This week's episode is Part II of our visit to the headquarters of CarGurus in Cambridge, Mass.   CarGurus editor Matt Smith joins the show to talk about the company's Best Used Car Awards. Plus, Nick and Joe discuss the latest auto leasing trends from Edmunds. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google […] [Read More]

The former top boss at Chrysler now has a new leadership position with a company that designs and manufactures smart power storage technology for transportation, alternative energy, medical, industrial and grid connected markets. On Monday, Ioxus named Robert Nardelli as the company's chairman of its board of directors. Nardelli is an internationally recognized business leader […] [Read More]

The management team at defi SOLUTIONS recently grew again with the addition of Glenn Munro as vice president of sales. Officials highlighted Munro was an early investor in the company as his foundational, insider knowledge of the defi SOLUTIONS’ history and future roadmap, combined with his extensive experience in auto financing, give him critical insight […] [Read More]