Auto dealers may find a new avenue for reaching nationwide customer pools, with an announcement this week by eBay Motors. The company has launched a fixed-rate, national subscriptions program it says can enable small and mid-size dealerships to reach millions of car shoppers. With the subscription program, dealers can leverage a consistent monthly online sales […] [Read More]

Direct Auction Services founder and chief executive officer David Nutter announced Wednesday that the company has reorganized its leadership team.   As part of the reorganization, the company named appointees to the newly created roles of chief financial officer and vice president of operations. Taking on duties in the CFO position is David Rush, who […] [Read More]

Social media, third-party online car buying sites, dealership websites, YouTube — all examples of Web-based outlets an increasing number of consumers are turning to when in the market for a new vehicle. And automakers are responding to these changing consumer shopping dynamics. According to PwC’s Autofacts Analyst Note for August, automakers are investing more time, […] [Read More]

Ask a dealer or general manager where most of their leads come from. “Newspaper,” some will say, and still others, “Radio.” Occasionally, a dealer cites their own website or credits an online classified site like AutoTrader or Kijiji Autos. Most likely, no one will say “a pediatrician’s office” or, “minivans at the stop light by […] [Read More]

This week, Canadian vehicle history reports provider CarProof revealed a couple of new developments. On top of announcing a minority stake sale, the company said that Steve Macaluso, director of corporate accounts, is leaving the company to assume the role of managing director at Copart Canada. Macaluso has been with CarProof since 2010 and brought […] [Read More]

As used supply remains hard to obtain for many Canadian dealers, it looks like this tight pre-owned environment pushed wholesale prices up slightly one again in July. The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through July, and shows an average rise of 0.1 percent from June rates. Price […] [Read More]

The market is white-hot for dealership purchases right now, and it appears that public and private groups are both aggressively going after acquisitions. That’s according to the mid-year Automotive Retail Buy-Sell Report from the Presidio Group LLC, which said the value proposition of a dealership is quite strong. In fact, when looking at private buyers […] [Read More]

Black Book has shared with Auto Remarketing news of its entire team of vehicle value editors and data analysts earning distinction as Certified Automotive Remarketers as part of the program from the International Automotive Remarketers Alliance. This is the first time that an entire editorial staff of guide book has achieved this certification, Black Book […] [Read More]

With more and more consumers taking to their computers to find their next ride, which automaker is causing the most buzz? According to the July Social Buzz Report from Phoenix Marketing International’s Automotive Practice, consumers were talking about Ford the most as they participated in online conversation during the car search process. In fact, Phoenix […] [Read More]

Increased demand for electric and hybrid vehicles has one company working even harder to bring high-tech options to the U.S. automotive market. Auto retail group EVCARCO Inc. this week announced plans for the development of its EV Leasing Program, meant to help the company meet increased demand for new and pre-owned electric and hybrid vehicles now […] [Read More]