From job interviews to self-help books, stirring goal-oriented conversations sometimes start with the question, “Where do you want to be in five years?” In the buy-here, pay-here business, it’s sometimes difficult to project that far into the future in a market when elements such as down payments and collections can fluctuate quarter-to-quarter. Nonetheless, BHPH specialist […] [Read More]

By meeting or exceeding remarketing performance goals, eight auto auctions nationwide have earned this year’s Top Auction Awards presented by Donlen. The company made the award announcement on Tuesday. Each year, the company recognizes top auto auction partners that work closely with the company in its remarketing program. “The partnership we form with auction partners […] [Read More]

Throughout the years since its inception almost 20 years ago, Xcira Corp. has been a leader in auction technology innovation. From innovation in simulcast and digital auctions to securing real-time audio and video for remote audiences, the company has been a leader in the industry — evident through its numerous patents throughout the years. To […] [Read More]

Promotional sales. Almost every dealership has them. Their purpose? To spark more deals and bring more customers onto the lots, of course. But Edmonton-based Go Auto is changing the game a bit. The dealer group has launched a sizeable auto promotion: the Car-A-Day Giveaway. During the Car-A-Day Giveaway — which began April 9 and will […] [Read More]

Not only did Sonic Automotive sell more used cars than it ever has before in a quarter, but the retailer also posted a record for first-quarter pre-owned gross profits. Reporting Q1 results on Tuesday morning, Sonic said it sold 27,657 pre-owned vehicles during the period, an all-time high. This was up from 26,469 used sales […] [Read More]

Leadership, determination, inspiration, creativity. What do all these traits have in common? They have all been demonstrated by each member of the 2014 Women in Remarketing class. In what we’re proud to call an annual tradition, Auto Remarketing dedicates a special section of our print publication each year to recognize the leading women of the […] [Read More]

Recovery Database Network (RDN) and Inilex, a national provider of vehicle telematics solutions, recently announced they have successfully integrated Inilex’s GPS-based vehicle location information into RDN’s vehicle repossession management software, giving dealers instant access to vehicle location information. Officials insisted this integration is especially beneficial to special finance lenders and large-scale buy-here, pay-here dealers that […] [Read More]

BoostUp.com — a free social savings website that can help consumers raise money toward a major purchase like a vehicle — recently formed a new partnership with Penske Automotive Group.  Officials highlighted select Penske dealerships will now provide a discount — what the site calls a BOOST — of up to $500 to all BoostUp.com […] [Read More]

As the automaker revealed a major reorganization of its engineering department, General Motors said today that the company has asked the bankruptcy court for the Southern District of New York to rule on whether the growing number of lawsuits alleging purely economic damages resulting from the ignition switch recall may proceed.  The automaker said the […] [Read More]

DealerMatch and the National Association of Minority Automobile Dealers announced a new partnership today that will provide an exclusive trading network for NAMAD. The new DealerMatch NAMAD Network allows NAMAD members to exchange wholesale inventory directly with one another and other dealers across the nation. On top providing a private trading network for NAMAD, the […] [Read More]