The Columbus Fair Auto Auction has named a new director of dealer sales to start the new year. As of Jan. 4, CFAA’s new director of dealer sales is Brent Branson, who will report to Tim French, the company’s vice president of sales. “Brent brings a disciplined dimension to our team,” said Greg Levi, CFAA’s chief […] [Read More]

Many people enjoy the convenience of having a car at their disposal. But the traditional ownership model may not be doing it for many consumers, who, in a recent study by IBM, are showing interest in other forms of ownership and car-usage methods. In its study, titled A new relationship – people and cars, the […] [Read More]

Not every dealership group can count the Utah Jazz as a sister company. But like Karl Malone taking flight off a John Stockton bounce pass, the Larry H. Miller Dealerships organization is assisted by the cross-marketing opportunities of being under the same corporate umbrella as an NBA franchise. LHM Dealerships is, of course, part of […] [Read More]

The California Air Resources Board, commonly known as CARB, rejected Volkswagen Group of America’s submitted recall plan for its 2.0-liter diesel vehicles on Tuesday, citing insufficient details in its plan as the reasoning behind its rejection. Here’s CARB’s exact verbiage: The proposed plans contain gaps and lack sufficient detail. The descriptions of proposed repairs lack […] [Read More]

IHS reported its fourth quarter and full-year 2015 financial results on Tuesday, highlighting revenue of $589 million for Q4, as well as giving more information on its recent purchase of Canada’s CarProof. IHS, the parent company of Carfax, announced right after Christmas it had purchased CarProof Corp. for $650 million CND. CarProof is a vehicle […] [Read More]

You can expect certified pre-owned sales to reach the 3 million mark next year, which would push the string of record years for this growing market to seven — just as off-lease volumes really begin to ramp up. According to data in a Cox Automotive presentation Sunday in Detroit, later shared with Auto Remarketing, CPO […] [Read More]

It was announced in early December that three new automotive domain extensions were about to hit the market. That day has come, and Cars Registry announced .Car, .Cars and .Auto are now available to the general public. The early access period for the domains kicked off Tuesday morning, and it will run through Jan. 20. This […] [Read More]

Auto Remarketing is launching a new project this year to honor the “Best Auto Auctions to Work For,” and it’s one in which you can get directly involved. In fact, we need your help to make it work. First, the details: Best Auto Auctions to Work For What is it? A workplace study for the […] [Read More]

Enterprise Holdings announced its newest five-year goals for its businesses on Monday, included in its fiscal year 2015 sustainability report. Within the report, titled The Business of Sustainability, the operators of well-known companies such as Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car built on their last five years of sustainability results and […] [Read More]

The battle between supply and demand is nothing new to dealers — and as we head further into the forecasted growth in used-vehicle supply, wholesale price softening is to be expected. The latter is the message from ADESA Analytical Services’ executive vice president and chief economist Tom Kontos in the December edition of Kontos Kommentary, […] [Read More]