Advertising and marketing is what drives a significant portion of brand popularity and sales in the automotive industry. And automakers are getting more and more creative. As 2014 approaches, Auto Remarketing talked with experts from Phoenix Automotive to pick out some of the overarching marketing themes this year and which ones really hit home. Top-of-mind […] [Read More]

ADESA’s Tom Kontos surmised that traffic with used-vehicle showrooms is keeping price action in the lanes strong. According to ADESA Analytical Services’ monthly analysis of wholesale used-vehicle prices by vehicle model class, prices in November averaged $9,750, up 1.7 percent compared to October and 2.1 percent relative to November of last year. Kontos mentioned that […] [Read More]

Big news within the certified pre-owned market.  An all-new stand-alone pre-owned store concept from one of the largest public dealer groups. Used-car value retention. The used models that attract the most shoppers. Major moves announced by the industry’s biggest players. These were among the many topics in Auto Remarketing toward which readers gravitated in 2013. […] [Read More]

Flint Auto Auction has named its new assistant general manager, an industry veteran whose resume includes tenures at ADESA and Manheim. FAA owner and President Bill Williams made the staffing announcement, naming Greg Price as assistant general manager. Price comes to FAA with more than 25 years of experience in auction marketing and operations.  "Greg […] [Read More]

Late Thursday afternoon, Dealertrack Technologies announced it has reached a deal to acquire Dealer.com. The companies entered a definitive agreement, under which Dealertrack would purchase the entire equity of Dealer.com for about 8.7 million shares of Dealertrack common stock and $620 million cash. The deal is subject to customary post-closing adjustments, the companies said, and […] [Read More]

Though analysts offered no short-term good news in regards to Canadian leasing levels, movement in the new-car market could spell more off-lease vehicles in the future. That is, if OEMs are able to turn consumers away from long-term loans and point potential buyers toward leasing. New-car sales in Canada are soaring. Why is this important […] [Read More]

Acura Canada announced two recalls this week that affect more than 3,000 model-year 2014 units in Canada. First, Acura said it is recalling  3,074 MDX vehicles from the 2014 model year to inspect and, if needed, tighten or replace bolts used to secure the propeller shaft, a component of the all-wheel drive system. “During assembly, […] [Read More]

This week, America's Car-Mart opened the 127th dealership in its network of buy-here, pay-here stores. And it's nearly certain the vehicle in inventory will be equipped with a GPS device, a practice the company hesitated in doing until recently. Car-Mart president and chief executive officer William "Hank" Henderson explained the company's methodology during a conference call […] [Read More]

The first half of 2013 is now in the rearview mirror for the buy-here, pay-here industry, and it's time to look back. Many operators reported lower unit sales versus the same period last year. Two important questions are, "Why?" and "What can be done to improve unit sales during the remainder of the year?"  Experian […] [Read More]

Spireon, the provider of the GoldStar GPS solution as well as other mobile resource management and business intelligence tools, completed an initial phase of the integration with Frazer's Dealer Management System. The companies highlighted that joint customers of GoldStar GPS and Frazer can now experience online access to a single solution to execute critical commands. […] [Read More]