Cars.com has wrapped up its spinoff from TEGNA and its shares began trading on the New York Stock Exchange on Thursday. The company also announced a seven-member board of directors, its first as a public company.   “This is an exciting moment in Cars.com’s history,” chief executive officer Alex Vetter said in a news release.  […] [Read More]

Earlier this year, Canadian online car auction eBlock brought on Jason McClenahan as chief operating officer and Brad Hart as director of commercial accounts. McClenahan started with the company March 1 and Hart joined on April 3. Joined by eBlock chief executive officer and president Ryan O’Connor, they talked with Auto Remarketing Canada by phone in […] [Read More]

Nissan recently announced that as part of Quebec’s Drive Electric program, it will now offer select pre-owned Nissan LEAF vehicles for purchase or lease in the province, complete with a $4,000 provincial incentive. Canadians can purchase a previously owned fully-electric vehicle and also take advantage of a provincial incentive for the first time, according to […] [Read More]

Rebranding can be a scary proposition. As anyone who has changed their style can attest, it’s risky yet potentially rewarding. I’ll give you two personal examples: Spring 2000: A 17-year-old during Eminem mania, I bleached my already strawberry blonde hair.  At a lifeguard meeting soon after, the manager of the pool where I was working […] [Read More]

AutoNation has a new chief operating officer. The retailer said Wednesday afternoon it has promoted Western region president Lance Iserman to the position. Effective Thursday, Iserman — who has been with AutoNation for more than 15 years — will be the company’s executive vice president of sales and COO. He replaces Bill Berman as COO; […] [Read More]

Auto/Mate Dealership Systems has fully integrated its dealership management system with Dashboard Dealership Enterprises to satisfy the current and emerging needs of its customers, the company announced on Wednesday. Dashboard Dealership Enterprises develops dealership management reporting products and related services such as Executive Eye, the company’s flagship product. "Managers at every level in automotive retail […] [Read More]

Used-car buyers who shop online spend 62 percent of the car-buying process there: online. That's according to Cox Automotive’s latest Car Buyer Journey Study, which examines consumers’ car-shopping behavior during the car buying process and how they use their time. Cox Automotive found that during the chunk of time car buyers spend online, they research and shop […] [Read More]

NCM Associates has hired Thomas Richards as vice president of NCM Labs to lead NCM’s newest Labs division and its Software Solutions team.  Richards has nearly 25 years of executive experience. Prior to joining NCM, Richards developed and implemented sales strategies for Cox Automotive, vAuto, and Dealertrack. “With Tom, NCM has gained an incredible resource […] [Read More]

More off-lease vehicles in the market, many of which don’t match consumer demand. More manufacturer recalls that stymie independent dealers’ ability to move vehicles quickly. More concern over interest rates and tightening credit. It’s more than enough to make the retail road ahead anything but smooth for independent dealers, say dealers themselves and industry experts […] [Read More]

Remember 1991? The Gulf War intensified. Then-Arkansas Gov. Bill Clinton began his trek to the White House and the Dow Jones Industrial Average closed above 3,000 for the first time. Fast forward 26 years and the Middle East remains unsettled, Hillary Clinton missed on her second attempt at the presidency and the stock market now sits […] [Read More]