Copart has opened its 14th location in California. Copart Sun Valley is the global online auction company’s sixth location in Southern California. “Identifying and purchasing land in such a densely populated area such as Los Angeles is a real testament to our team,” said Jay Adair, chief executive officer of Copart. “This location is our sixth location in Southern California and will […] [Read More]

Auto Remarketing has announced its 2016 National Remarketing Executives of the Year, and earning this year's distinction are Greg Thibault and Todd August of Avis Budget Group.  Thibault, who joined Avis Budget in 1997, is the company’s vice president of fleet disposal, and August (who joined the previous year) is director of wholesale operations. Auto […] [Read More]

Prices of used vehicles from model years 2011-2015 depreciated by an average of 2.9 percent in October — steeper than the average 2.3 percent depreciation seen in September. According to Black Book, domestic cars are exemplifying ramped-up depreciation that is typically seen going into the fourth quarter. During the last three months, domestic cars have […] [Read More]

XLerate Group announced on Wednesday the opening of a detail and reconditioning center for its South Carolina location, Charleston Auto Auction. “Our new detail and reconditioning facility brings exciting new capabilities and supports our continuing growth,” said Laura Taylor, general manager at Charleston Auto Auction. “The detail shop offers a multi-line production process and is […] [Read More]

OpenRoad Auto Group — the largest dealership group in British Columbia —announced in mid-October that in support of continued growth within the company’s 18 dealerships, two of its general managers will trade responsibilities. Dimitri Kotsalis is the new general manager of BMW Langley and MINI Langley, and Aly Jiwani is the new general manager of […] [Read More]

Used-car prices are on the rise in Canada. According to its latest Market Update report, RVI Group’s Used Vehicle Price Index was up 3.2 percent in September versus a year ago, and 3.3 percent from August. Adjusting for inflation, the index was up 2.7 percent both sequentially and year over year. RVI’s Used Vehicle Price […] [Read More]

Marketers are using mobile’s targeting capabilities to more adeptly find their prospects and customers. Although certain best practices are universal, sometimes you need a unique approach to best navigate industry-specific challenges. The auto purchase journey is more fragmented than ever before, and people are doing more research online before visiting a dealership. Marketers need to […] [Read More]

Here’s some scary good news: MetroGistics’ fifth annual Monster Mash Halloween Party raised nearly $19,000 for the Humane Society of Monroe County, Ill., and the Humane Society of St. Clair County, Mich. In addition to food, drinks and prizes, the Oct. 15 event at the Living World Building at the Saint Louis Zoo included a […] [Read More]

PassTime recently launched what the wireless GPS telematics products provider called Elite 5, an LTE Category 1-based telematics device serving consumer, dealership, fleet and specialized finance company markets. The company highlighted The Elite 5 is the first LTE Category 1-based GPS device certified on Verizon’s 4G LTE network to serve the subprime automotive finance market […] [Read More]

Facebook for dealerships is a pay-to-play marketplace when you have a business page. It’s nearly impossible to reach your entire audience without putting an advertising budget behind it. This post will give you a basic understanding of Facebook boosting (advertising) and audience targeting to help expand the reach or your dealership’s messaging. On all of […] [Read More]