Whether we like it or not, those in the automotive industry now live in the age of recalls. It’s a lingering thought in the minds of individuals on every end of the sales spectrum. And while recalls of any nature are anything but simple to manage on the front end, the waters tend to get […] [Read More]

J.D. Power has reached an agreement with the National Automobile Dealers Association to acquire NADA Used Car Guide, the company announced Thursday morning.  The deal will likely close in the third quarter and is subject to Hart-Scott-Rodino Act Review.  J.D. Power will continue to use the NADA Used Car Guide name for a certain period […] [Read More]

In a two-part series, Auto Remarketing Canada covers the impact millennials are having on the automotive marketing landscape. What has changed? What still rings true? Digital marketing experts, dealers and industry analysts discuss how best to reach and engage with a younger audience. Part I covered changes in motives for car purchases as well as […] [Read More]

There was a bit of movement this week in the automotive rewards and customer incentives industry for dealerships in Canada. Ackroo Inc., which specializes in loyalty and rewards technology, has purchased Dealer Rewards Canada. Dealer Rewards Canada is a loyalty rewards company tailored specifically to the automotive sector. With the purchase, Ackroo is also gaining […] [Read More]

DealerRater announced this week it has a new vice president of business development that will be focusing on business in both Canada and the U.S. Chosen for the position is Brian Epro. The company reported Epro will be responsible for helping to grow the company’s partnerships with the largest dealer groups across the U.S. and […] [Read More]

XLerate Group has acquired Greater Kalamazoo Auto Auction.  With its purchase of GKAA, the auction family formerly known as American Auto Auction Group now has seven members. “With the addition of GKAA, XLerate continues the objective of growing our business by acquiring quality independent sales to enhance our auction family offering,” said XLerate chief executive […] [Read More]

CarGurus announced Tuesday its expansion from the United States to its neighbor to the north with the launch of CarGurus Canada. Founded by Langley Steinert, who is also a co-founder of TripAdvisor, CarGurus now brings the same level of service to Canada as it has been providing to the U.S. as the latter’s second-largest automotive […] [Read More]

While praising financing companies for their underwriting prowess, TransUnion’s latest auto report — viewed one quarter in arrears to ensure all accounts are included in the data — showed notable origination growth in the subprime risk tier. Contracts extended to subprime buyers — those consumers with a VantageScore 3.0 credit score lower than 601 — […] [Read More]

Last week, Auto Remarketing recapped a DealerRater and J.D. Power study — the 2015 PowerRater Consumer Pulse — that breaks down the respective percentages of new-car shoppers that want the salesperson to be a negotiator, educator and facilitator. But what about used-car shoppers? DealerRater shared those numbers with us on Tuesday. And they’re not all that different from the new-car […] [Read More]

KAR Auction Services announced Wednesday that it has promoted Carolyn Bogan to the position of vice president of KAR’s IT Shared Services. Bogan, who joined KAR in September 2013 as the director of support services, is now responsible for the oversight and strategic vision of all workplace services and will serve as the main contact for […] [Read More]