The Auto Remarketing Canada 2013 Conference, presented by CarProof, is already well on its way for setting a new attendance record. Last year's conference brought more than 400 industry personnel together, and this year’s attendee list is trending in the same direction. To see the pre-show attendee list, click here. [Read More]

In light of predictions pointing to stronger used supply this year, Auto Remarketing reached out to three leading remarketing industry experts to see what five points of advice they have for dealers to get the most out of this changing dynamic. Here is what NADA Used Car Guide’s Jonathan Banks, Black Book’s Ricky Beggs and […] [Read More]

Used-car prices are likely to soften some this year, according to the latest RVI Risk Outlook, and it appears this trend will not stop anytime soon. In fact, it appears this decline will accelerate. After an anticipated 0.2-percent year-over-year downturn in the RVI Used Car Price Index for 2013, the firm is projecting used-car prices […] [Read More]

Hyundai Motor American revealed Tuesday its choice for 2012 Auction of the Year. The annual Hyundai Auction of the Year award goes to Manheim Pennsylvania. The company explained this award is “presented to the best performing auction in terms of sales, customer service, efficiency, quality and overall performance.” This is third time Manheim Pennsylvania, a […] [Read More]

An Arizona dealership is offering golf, a cookout and prizes in a multi-stop spring tour that touts the BMW convertible. And it's using Facebook to help drum up some interest. BMW fans and golf enthusiasts are invited to participate in the Chapman BMW Top Down Tour, with stops each Saturday morning in April as follows:  […] [Read More]

NextGear Capital announced it has launched a Spanish and French version of its corporate website in an effort to enhance its service levels for the Spanish and French-speaking  dealer communities.  This may prove particularly to its customers north of the boarder, since the company just announced its expansion into Canada. "The landscape of our business […] [Read More]

Auto/Mate Dealership Systems announced this week that it has completed integration with the CAR-Research XRM customer relationship management system. So what does this mean for dealers? Through the integration of these DMS and CRM solutions, dealers who use either product now have an expanded number of vendor choices. What’s more, for dealers who use both […] [Read More]

Record attendance, both live and online, marked the Charleston Auto Auction’s 12th anniversary celebration. The two-day celebration included a lender/vendor event on Thursday that featured live music, food and numerous companies offering services to benefit Charleston Auto Auction dealers.  Then on Friday, the auction hosted its anniversary sale, featuring more than 1,500 vehicles, 800 dealers […] [Read More]

NEW YORK — Auto loan default rates moved up marginally in February compared to the previous month, but readings according to S&P Dow Jones Indices and Experian still fell below year-ago levels. The February auto loan default rate came in at 1.11 percent, up just slightly from January's level of 1.10 percent. A year earlier, […] [Read More]

WASHINGTON, D.C. — Confirmation to keep the director of the Consumer Financial Protection Bureau at his post took a step forward Tuesday by a narrow margin. Along the way, opposition reiterated its stance to how the regulatory agency is organized. Members of the U.S. Senate Banking Committee voted Tuesday to approve Richard Cordray's nomination to […] [Read More]