On Thursday, Carfax announced that Sears Auto Center has joined the company's myCarfax Service Shop program, which connects service shop coustomers nationwide to the services offered on myCarfax.com for free. “Through our partnership with Carfax and the myCarfax Service Shop program, we are able to provide our customers with unrivaled information to help them keep their vehicles safe and well-maintained […] [Read More]

Rapid Recon plans to introduce its reconditioning management tool, Group Reporting, at the NADA Convention & Expo in New Orleans next week. “Group Reporting is critical intelligence for GMs wanting to improve reconditioning operations and achieve a more profitable three-to-five-day reconditioning cycle that increases inventory turns,” Rapid Recon founder and chief executive officer Dennis McGinn said in […] [Read More]

In the latest installment of the annual Best of BHPH issue of BHPH Report, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Ace Christian, chair of Arizona Independent Automotive Dealers Association and owner […] [Read More]

As we flipped the calendar into 2017 this month, it was time for New Year’s resolutions once again. Maybe this year you’re planning to finally buy that gym membership or cut out fatty foods. Or maybe you’ve resolved to step up your game at work and improve your close percentage. These are all noble goals […] [Read More]

As a group of Senate Banking Committee Democrats praised Richard Cordray’s work as of the Consumer Financial Protection Bureau, Republican members of the House Financial Services Committee think the CFPB director may have violated federal law that governs agency rulemaking procedures. Lawmakers highlighted the report, based on internal CFPB documents obtained by the House committee, […] [Read More]

Since opening up nominations in early January, we’ve already had a few strong nominations roll in for a new upcoming feature dubbed “Women & Automotive: Profiles in Leadership.” The profiles in this feature will be part of the Special Conference Edition coverage in the March/April issue of Auto Remarketing Canada. So, what are these profiles all […] [Read More]

Following several years of record new-vehicle sales in Canada, purchases are likely to lower in 2017, according to the latest Scotiabank Global Auto Report. This year, Canada’s car volumes can be expected to be handicapped by recent price increases for new cars and light trucks, as well as lower replacement demand than in the U.S., said the […] [Read More]

On Tuesday, Mercedes-Benz Canada announced the recipients of its 2017 Star Dealer designation, the top ten performing dealers from its national dealer group. The title recognizes the Mercedes-Benz dealerships who have excelled in the areas of new and pre-owned sales, service and parts during the year of 2016. "Every dealership in our organization has worked […] [Read More]

The lease credit approval rate on Swapalease.com hit its lowest level in three years last month, but that’s not necessarily a bad thing. According to the lease transfer site, the lease approval rate was 54.2 percent. Such a low rate is typical for the end of the year and actually points to busy buying behavior […] [Read More]

KAR Auction Services chief economist Tom Kontos used a term to describe December wholesale price moves that dealership personnel who have a military background might know from their days of basic training and daily marches. According to ADESA Analytical Services’ monthly analysis of wholesale used-vehicle prices by vehicle model class, wholesale prices in December averaged […] [Read More]