TRADER Corp. recently announced it is renewing its partnership with U.S.-based solutions company, vAuto, extending their relationship for another five years in an effort to help dealers address their used-vehicle inventory management challenges. Through the agreement, TRADER will continue being the exclusive Canadian reseller of the vAuto product suite, and vAuto will maintain their ongoing […] [Read More]

AutoServiceJobs.com announced the launch of its site today, providing a platform to connect auto-industry professionals across the nation. The site aims to connect mechanics, technicians, sales personnel, client advisers and other industry professionals seeking employment opportunities. “Though we’ve still not reached pre-recession levels, there is a strong and increasing demand for automotive service staff and […] [Read More]

If your franchised dealership showroom is located in Michigan, Texas or Massachusetts, it’s probably not uncommon to see new metal leaving the lot attached to a lease. But if your new-car store sits in New Mexico, West Virginia or Arkansas, the leasing volume likely is considerably less. Experian Automotive analysts broke down the top 10 […] [Read More]

Separate announcements from both Honda and Toyota were released yesterday and today, respectively, identifying vehicles from their lineups that are affected by the Takata recall which was expanded toward the end of May. Honda’s Monday announcement outlined that it will replace, free of charge, Takata passenger front airbag inflators installed in certain 2001-2005 Civic and […] [Read More]

Though pickup prices have begun to weaken a bit as summer approaches, cars are still seeing prices dip at a much faster rate. Part of this trend is due to increasing inventory, which is allowing dealers to be choosier about the units they buy for their lots. “As buyers remain picky about units, car segments […] [Read More]

After announcing a fourth location back in March, AutoMatch USA is expanding its presence in the Sunshine State. The dealership chain that specializes in foreign and domestic pre-owned vehicles of all makes and models has opened its fifth full-service auto super center in Ocala, Fla., located at 3550 South Pine Avenue. The company also has […] [Read More]

As part of our “Top 100 Used Car Dealers: Independent Edition" issue of Auto Remarketing, we asked some of the nation’s leading independent stores about the challenges they face in the pre-owned market and the strategies they use to overcome those hurdles, as well as how these dealers excel in the used-car business. Below is what three of […] [Read More]

In an effort to ramp up its business outside of North America, KAR Auction Services announced this week that its subsidiary ADESA (UK) Limited acquired HBC Vehicle Services. Headquartered in Canvey Island, England, HBC specializes in salvage vehicle auctions and related services. “This acquisition is the start of our expansion into new global markets, and […] [Read More]

MasterFiles executive vice president and skip-tracing expert Alex Price is hosting free webinars this week to highlight two new features of the company’s collections and recovery tools. Topics to be discussed during the 30-minute sessions include: 1. Phon360e: This new tool can allow skip-tracers and repossession agencies to locate a subject’s cellphone number, VOIP, pager […] [Read More]

Cox Automotive president Sandy Schwartz acknowledged tasks ahead are going to create a busy time for company executives, managers and staff during the remainder of the year as they finalize the $4 billion acquisition of Dealertrack Technologies, a development made public on Monday morning. However, Schwartz emphasized the focal point for meeting agendas, project lists […] [Read More]