The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto features a keynote presentation titled, “Inventory Management Needs To Be Lead Management.” Lotpop CEO and owner Jasen Rice offered recommendations based on his industry experience going back to 1997 for how dealers can take new approaches with […] [Read More]

The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto features a keynote presentation titled, “Connecting with the Modern Consumer.” Jessica Lo Basso and Jake Stacey of LGM Financial Services delved into the evolving landscape of consumer preferences and behaviors, offering actionable insights for sales professionals to […] [Read More]

If your dealership needs used inventory, now appears to be prime time to find what you need at lower prices. But your store might be the outlier stemming from the combination of trends included in the newest installment of Market Insights from Black Book. Analysts reported on Tuesday that wholesale prices dropped another 0.74% last […] [Read More]

DealerFire highlighted four key reasons why dealerships should prioritize a mobile-friendly website since car shoppers are increasingly turning to their mobile devices to research and purchase vehicles. The provider of dealership websites and digital marketing solutions claimed that more than half of all web traffic now comes from smartphones and tablets, “which means a significant […] [Read More]

Glenview Finance’s Credit Builder subprime financing platform recently debuted its new eContracting system. The company said it’s a comprehensive solution that can have deals funded in less than an hour. Glenview Finance sees this new system as dramatically improving the efficiency and satisfaction of the vehicle financing process for both dealerships and consumers. This paperless […] [Read More]

It seems that at least once a week, a bankruptcy question comes up in one of the dealer/creditor social media groups that we follow. The questions usually involve either selling a vehicle to someone that has filed bankruptcy or repossessing a vehicle from a bankruptcy debtor. Unfortunately, what usually follows the question are a bunch […] [Read More]

“Millennials” and “electric vehicles.” Auto industry buzzwords used for years at conferences to convey youth, emerging trends in car-buying, newcomers or rising stars. Fact of the matter is, EVs are a “maturing” market, no longer considered “niche.” And millennials, well, many of us are in our 40s, have mortgages, children and/or pets and have been […] [Read More]

Tim Hayden is the CEO of Brain+Trust, which specializes in data management, data privacy, regulatory compliance, cybersecurity, artificial intelligence and beyond. He joins the Auto Remarketing Podcast for a conversation with Cherokee Media Group senior editor Joe Overby about the company’s origins, its work in the auto industry, data infrastructure and management, plus much more. […] [Read More]

Vietnamese electric vehicle manufacturer VinFast Auto announced it has created a dealer advisory board consisting of representatives from the company’s U.S. dealerships. VinFast, which currently has 25 dealerships in 10 states, said it selected the board’s members based on customer service commitment and industry expertise. The board will serve as a communication channel between the […] [Read More]

This episode of the Auto Remarketing Podcast features the second part of an in-depth conversation about Canada’s wholesale auto market. Joining this session from Canada’s Used Car Week in Toronto last month are: —Blair Earle, managing director of Canada, IAA —Todd Sanders, executive director, Ally SmartAuction —Mark Pavan, president, Wholesale-Express This episode is available in […] [Read More]