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NIADA seeks clarification from Senate involving proposal of tax deduction for auto financing
Thursday, May. 29, 2025, 11:20 AM
BHPH Report Staff
Patrick O’Brien is getting straight to work as director of government affairs and compliance for the National Independent Automobile Dealers Association Having just joined the association in recent days, O’Brien already sent a letter to leadership of the Senate Finance Committee. NIADA is seeking language clarifying that the proposed tax deduction for interest paid on […] [Read More]
EpicVIN finds Top 10 budget-friendly cars of 2025
Thursday, May. 29, 2025, 11:19 AM
SubPrime Auto Finance News Staff
Finding an affordable new car for someone with bruised credit is likely pretty difficult nowadays. Kelley Blue Book reported that tariffs pushed new-vehicle average transaction prices up by 2.5% month-over-month in April to $48,699. It was the second-highest increase in a single month during the past decade, with only a pandemic-triggered spike of 2.7% in […] [Read More]
HGreg’s green campaign plants 6,250 trees in Québec
Thursday, May. 29, 2025, 10:03 AM
Auto Remarketing Canada Staff
HGreg’s customers are going green even if they don’t buy an electric vehicle. The Québec-based dealership group announced its annual Buy a Car, Plant a Tree campaign, in partnership with Tree Canada, resulted in 6,250 trees planted in its home province during the past year, continuing the company’s environmental commitment. The initiative, now in its […] [Read More]
Meet the 2025 Remarketing’s Under 40 honorees
Thursday, May. 29, 2025, 09:51 AM
Auto Remarketing Canada Staff
The Canadian auto industry, be it retail, remarketing or finance, is full of young leaders who have achieved massive success at an early age. Cherokee Media Group is excited to honor many of those individuals in this year’s Remarketing’s Under 40 program, which is presented by EBlock and Cars.ca. The 2025 honorees will be recognized […] [Read More]
AutoTrader selects its Best Priced Dealer Award winners
Thursday, May. 29, 2025, 09:07 AM
Auto Remarketing Staff
AutoTrader.ca has selected the winners of its annual AutoTrader Best Priced Dealer Awards, celebrating auto dealerships nationwide that consistently deliver pricing transparency and value to Canadian car shoppers on the AutoTrader platform. The 289 dealerships cited as award winners were chosen through historical and real-time pricing data that analyzes which dealerships have the highest percentage […] [Read More]
America’s Group expands presence in Wisc. with latest acquisition, its 6th of 2025
Thursday, May. 29, 2025, 12:01 AM
Auto Remarketing Staff
America’s Group has made its sixth acquisition of the year, announcing Thursday that it has purchased Western Wisconsin Auto Auction, its second location in the state. The Chippewa Falls-based auction is located 97 miles east of Minneapolis and is less than 10 miles from Eau Claire, Wisc. Western Wisconsin AA holds sales at 3 p.m. […] [Read More]
Prices, sales on the rise for used EVs
Wednesday, May. 28, 2025, 03:53 PM
Joe Overby, Senior Editor
There has been a spark in the used hybrid and electric vehicle market this month.
After two years of consistent slowdowns, the segment has shown the most month-over-month retail price growth of any vehicle category in the latest Carfax Used Car Index.
According to Carfax, used hybrid/EV prices are ... [Read More]
If you’re looking for resale value, don’t go for the gold, study says
Wednesday, May. 28, 2025, 03:06 PM
Auto Remarketing Staff
When it comes to value, the gold standard is … gold. Unless it’s the color of your car. The latest study from iSeeCars looks at the effect color has on a vehicle’s resale value, and gold cars are at the bottom of the list. The analysis of 1.2 million 3-year-old vehicles showed the average gold […] [Read More]
Lane watch: 2 trends potentially point to healthy status for auctions & dealers
Wednesday, May. 28, 2025, 02:24 PM
Auto Remarketing Staff
Perhaps you could make an argument that the used-car market is almost as healthy as it can be for both auctions and dealerships based on two trends highlighted by Black Book in its latest installment of Market Insights. On the wholesale side, Black Book said last week’s auction conversion rate came in at 60%, and […] [Read More]
PODCAST: How smart dealers & automotive companies now leverage AI
Wednesday, May. 28, 2025, 02:03 PM
Auto Remarketing Staff
Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at this spring’s Auto Intel Summit that’s now available through this episode of the Auto Remarketing […] [Read More]
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