There’s an element of change at the top of one of the world’s largest automotive fleet management companies. Element Fleet Management announced two leadership transitions in its executive team, with chief operating officer and 20-plus-year company veteran Jim Halliday assuming the role of vice chair and Ian Oncea is moving up to replace Halliday as […] [Read More]

AutoPayPlus expanded its sales team this week, adding Averi Tucker as agency development manager. A child of the industry, AutoPayPlus highlighted Tucker grew up in her father’s dealership, giving her a deep-rooted understanding of the automotive world. Taking on many roles and growing to manage the business for more than 10 years, she gained extensive […] [Read More]

Twice during a nine-minute video presentation this week, Cox Automotive chief economist Jonathan Smoke suggested auctions, dealerships, finance companies and other operations involved with cars nowadays should “buckle up.” Especially considering the soft metrics coming from the labor market, with one research firm discussing “functional unemployment,” it’s likely prudent advice. The Conference Board said the […] [Read More]

Gulf States Toyota continues to expand its leadership team with the addition of a new senior vice president. The company announced it has named Toyota Motor North America executive Jeff Buchanan as SVP of strategy, talent and culture, effective Sept. 3. He will be tasked with “driving innovation and enhancing GST’s tech-forward strategy” as well […] [Read More]

Having weathered a series of storms over the past few months, AutoCanada is looking at more dark clouds ahead and searching for a silver lining. But executive chairman Paul Antony said during the dealership group’s second-quarter earnings call, the outlook is still iffy. “It’s just something we can’t forecast right now,” he said. “From my perspective, I think we’ll have ... [Read More]

Ask any football fan: a solid backup is critical. Along those lines, Advent Resources CEO Ben Gill joins the Auto Remarketing Podcast to discuss the company’s new Advent Parachute program, which is a backup sales DMS designed to give dealerships a reliable contingency plan during primary sales system outages. Advent said it deployed the Parachute […] [Read More]

Automakers love to load up their new models with the latest technology. But is there a point at which it’s too much? J.D. Power’s latest research suggests that point might have been reached. The 2024 U.S. Tech Experience Index Study, focused on the user experience with advanced vehicle technologies as they come to market, showed […] [Read More]

EpiCar.ai, a platform designed to connect auto dealers with private car sellers, has launched daily car auctions, with vehicles going live every day to give dealers “constant access to a varied inventory of vehicles.” In a news release, the company said its auctions feature high-quality vehicles with multiple photos posted to allow dealers to see […] [Read More]

Big Time Advertising founder, president and CEO Terry MacCauley acknowledged your potential buyers might be hesitant to take delivery nowadays. MacCauley said those individuals might be wary about the general economy, uneasy about the upcoming election, or stretched thin because of seasonal expenses with children now back in school. To help dealerships overcome potential objections, […] [Read More]

The wholesale used-vehicle market in Canada continued what Canadian Black Book analysts last week called a “steady gradual decline” — only with a bit more volatility among the car segments. CBB’s Market Insights report for the week ending Aug. 17 showed a 0.28% decrease in overall values, slightly larger than the previous week’s 0.23% drop. […] [Read More]