After a modestly slow start to the year, certified pre-owned vehicle sales rebounded last month with the best February on record, according to Autodata Corp. There were 211,482 CPO sales for the month, which beat year-ago figures by 7.1 percent and January numbers by 10.8 percent, Autodata said.   Each of those months had the same […] [Read More]

General Motors Financial on Tuesday completed two rounds of public offerings that totaled $2.75 billion. According to a filing with the Securities and Exchange Commission, one segment is $1.5 billion aggregate principal amount of the company’s 4.200 percent Senior Notes due 2021 (the 2021 notes). The other is its $1.25 billion aggregate principal amount of its […] [Read More]

Dealertrack on Tuesday launched its next generation in-state registration and titling solution for dealers in California. With a new modern user interface, the company highlighted this latest version of Dealertrack’s registration and titling system was developed to radically simplify the registration and titling process. Dealertrack explained the Web-based registration and titling solution can delivers a […] [Read More]

Ford Motor Co. of Canada is taking the time to honor its top-performing auction partners. The automaker recently announced the recipients of the 2015 Auction Quality Award and the 2015 Reconditioning Excellence Award. The Auction Quality program is designed to assess and evaluate the service provided at each Ford sponsored auction facility. The program encourages […] [Read More]

March 1 marked the official start of the 2016 Auto Dealers Against Distracted Driving Campaign across Canada, and 670 dealerships have currently registered nation-wide to participate. Customers walking through the doors of any of these dealerships over the next month will be asked to do more than just browse the inventory. They will also be […] [Read More]

John Brasher was only 14 when his grandfather and family business patriarch — who shared his first name, but went by Frank — passed away in 1986. But his grandfather’s reputation in the business provided more than a wealth of stories for John Brasher, who shared a few of these with Auto Remarketing last month, […] [Read More]

Sheehy Auto Stores are gearing up to celebrate the company’s 50th anniversary. And the dealer group focused in the mid-Atlantic region will be recognizing its golden milestone over the course of 2016. The company was founded back in 1966 by Vince Sheehy Sr. with the opening of Sheehy Ford, a small dealership in the Washington, […] [Read More]

Dominion Dealer Solutions released its second tool for store managers to leverage in less than a week. On the heels of rolling out a monthly payment tool, Dominion Dealer Solutions on Tuesday introduced what it’s calling ShopMyWay, a suite of shopping tools designed to enable the vehicle buyer to control the shopping and research processes. […] [Read More]

By the time this article is published, buy-here, pay-here dealers will be well into the 2016 tax refund season. The good news is that tax refund advances are back for the first time since 2012.  The bad news is that refunds are tracking behind schedule through February, but are starting to “trickle through” as we head […] [Read More]

In commentary paired with the company’s 2015 Used Vehicle Market Report, Edmunds.com director of industry analysis Jessica Caldwell said the certified pre-owned and late-model used-car markets are currently in “a Golden Age.” In addition to hitting another record year in 2015 and reaching 55-percent sales growth over the last five years, CPO has also become an […] [Read More]