To conclude coverage from the Best CPO Dealers in the USA issue of Auto Remarketing, we share some certified pre-owned strategy from the top-selling Toyota CPO dealer as well as insight from a Volvo store that made the cut. Starting with Toyota, Auto Remarketing asked how dealers can increase CPO awareness among consumers, and which […] [Read More]

Beepi is reportedly dismantling. The Wall Street Journal reported this week that Beepi has spent $150 million in venture capital and will start liquidating assets to meet creditor obligations. A spokesperson on behalf of the online used-car retailer declined to comment when reached Friday via email by Auto Remarketing. At press time, Beepi’s website had a message referring visitors […] [Read More]

Vincentric has revealed the winners of its 13th annual Best Value in America Awards, which name brands and vehicles that provide cost-of-ownership value in various vehicle categories. Vincentric awarded Toyota two of its best value brand awards, one for  passenger cars and the other for SUVs/crossovers/vans. “Toyota delivered its impressive performance with eight different model-level […] [Read More]

Over five years, AUL Corp. has contributed $173,619.00 to 80 different non-profit organizations, according to the warranty and vehicle service contract administrator. AUL announced that it publicly disclosed its recent charitable contributions on Thursday. "At AUL, we believe that getting involved in charity programs contributes to strengthened professional skills, team building, thinking creatively, and contributes […] [Read More]

The latest auto ABS commentary from Fitch Ratings not only recapped analysts’ look at the December data but also delivered projections for what might happen in this space during the remainder of the year. Looking deeper at subprime auto loan ABS, Fitch is forecasting that annualized net losses in this tier to “stay elevated” in […] [Read More]

Hudson Cook announced the election of three attorneys to the partnership this week. The group includes Robert Gage, Lauren Hunt and Jennifer Sarvadi. Gage helps the firm’s clients solve complex problems with practical advice on legal matters, risk management, and strategy. He focuses his practice on regulatory compliance matters related to automotive finance and privacy, […] [Read More]

Auto Remarketing received word on Friday morning that GM Remarketing manager Dan Kennedy announced his intention to retire from General Motors after nearly four decades with the OEM. According to the message Kennedy distributed, he said, “As I write this, I am looking forward to a new chapter in my life. After 39 years with […] [Read More]

Buy-here, pay-here franchise chain J.D. Byrider recently opened its fifth location in Missouri; the second one in the Show-Me State to join the network so far this year. The new location is in Rolla at 2603 N. Bishop Ave. This store is the first J.D. Byrider store for local franchise owner Lawrence West. This facility […] [Read More]

As reported by other media outlets as well as the American Financial Services Association and Hudson Cook, the U.S. Court of Appeals for the District of Columbia Circuit on Thursday granted the rehearing petition involving the case in which the initial decision reached last October called the Consumer Financial Protection Bureau “unconstitutionally structured.” Along with […] [Read More]

On Thursday, CarMax celebrated the grand opening of the company’s largest multi-purpose location on the West Coast to drive both its wholesale and retail businesses. Located in in Murrieta, Calif., the company said CarMax Murrieta will serve as a reconditioning hub that will feed inventory to several of its stores in southern California. The location […] [Read More]