The success of this year’s Used Car Week is already pushing organizers to get ready for the 2013 event. The series that included the CPO Forum, the Re3 Conference and the National Remarketing Conference drew dealers as well as automaker and auction company executives from throughout the country together for five days of events at […] [Read More]

Customers may return to the lots sooner than expected after Hurricane Sandy. In fact, according to a report released by Dataium late last week, auto shopping is already showing signs of recovery from the storm. “The report reveals that while online auto shopping declined in the days preceding the storm, the trend started to reverse […] [Read More]

RVI Group recently shared its most recent wholesale used vehicle price analysis, finding that used-car prices went up slightly in October. Analysts determined wholesale values (seasonally adjusted on two- to five-year-old vehicles) saw a small increase of 1.4 percent in October when compared to a month earlier. On a year-over-year basis, prices moved up 4.1 […] [Read More]

Joe Castle, founder and chief executive officer of Castle Auto Group as well as SOCIALDEALER will be sharing his digital expertise in a free Webinar. The session titled “Moving Your Dealership into the Digital Era,” is set for 1 p.m. ET on Dec. 5. In the Webinar, Castle will explain step-by-step how he used digital […] [Read More]

As the holidays approach, Chrysler Group employees in the Midwest are reaching out in an effort to fight hunger at Thanksgiving.  Last week, “everything from canned fruit and vegetables to cranberry sauce, pumpkin pie filling and stuffing mix” was packed up and loaded into Chrysler Group vehicles for delivery to local food pantries in the […] [Read More]

PHOENIX — DriveTime Automotive Group sent notice to the U.S. Securities and Exchange Commission last week stating it terminated its definitive selling agreements with Santander Consumer USA. Officials indicated they made the decision about the selling agreement first reached on Sept. 11 "due to certain unsatisfied conditions to the closings of the transactions contemplated." The […] [Read More]

BREA, Calif. — American Suzuki Motor Corp. announced last week that it received bankruptcy court approval of its agreement with Ally Financial and certain affiliates including American Suzuki Financial Services Co. The decision means support for Ally's provision of dealer floor plan financing and retail financing programs, including 0 percent for qualified buyers of Suzuki […] [Read More]

FORT WORTH, Texas, and SAN JOSE, Calif. — eBay Motors highlighted that it is now providing financing options for shoppers through online auto lender RoadLoans. Officials explained the new offering — pairing eBay Motors' online inventory and RoadLoan's online financing capabilities — is meant to provide vehicle buyers with greater flexibility and options when purchasing […] [Read More]

SEATTLE and EVERETT, Wash. — Litigation and settlements associated with what legal experts have warned dealers about — compliance in connection with advertising — were back at the forefront again last week; this time in the Pacific Northwest. A potential scenario discussed in a special issue from sister publication Auto Remarketing focused on advertising coming […] [Read More]

This year’s class of Women in Remarketing honorees were spotlighted Thursday afternoon at Used Car Week, but these leaders of the used-car business did more than just receive awards. They doled out advice, talked about career experiences, lessons learned and much more as they reflected on life and years in the remarketing business as part […] [Read More]