More evidence of just how long in the tooth the fleet of vehicles in operation is nowadays arrived through a new AutoMD.com survey, showing how much service work might be in the market. The site broke down its survey results by categorizing DIYers (do it yourselfers) and DFMers (do it for me’s).  Among DIYers, 44 […] [Read More]

During the conference call held to discuss Q1 results from Penske automotive, execs touched on growth expectations for the rest of the year as well as how the Hertz Rental Car acquisition will help pre-owned business in the future. During the question and answer period of the call, Anthony Pordon, executive vice president of investor […] [Read More]

Interestingly, though many dealers have voiced concern over the lack of off-rental supply flowing through the lanes during the past few years, Black Book’s Ricky Beggs explained that buyers are showing “hesitant interest” when it comes to rental cars at auction. Though overall, comments from Black Book survey personnel indicated a “more stable market in […] [Read More]

Planning on attending the Used Car Week 2013 conferences? Attendees are in for a treat, as the Used Car Week Golf Outing will be held this year at Torrey Pines'  highly acclaimed South Course. Located in La Jolla, Calif., Torrey Pines Golf Course (http://www.torreypinesgolfcourse.com/_tpgallery/about.htm) sits on the coastal cliffs overlooking the Pacific Ocean. The golfing […] [Read More]

Continuing Auto Remarketing’s coverage of Q1 results from used-car dealer groups across the country, Penske Automotive revealed Monday a series of record results. During the first quarter of 2013, the company experienced the highest income and earnings per share in company history, officials reported. For Q1, income from continuing operations attributable to common shareholders increased […] [Read More]

A pair of Japanese automakers announced separate recalls recently — campaigns that cover more than 160,000 units. The larger of the two recalls was issued by Nissan North America, according to the National Highway Traffic Safety Administration. The OEM is recalling 123,308 Altima sedans from the 2013 model year. These vehicles were manufactured between March […] [Read More]

Just after Auto Remarketing recognized the contributions of women within the auto industry in its April 15–30 issue, a female auctioneer is being hailed as unique in the wholesale side of the business. Becky Tarlton, whose story was recently published in the Salisbury Post, is licensed as an auctioneer in North and South Carolina and […] [Read More]

Structured as two days of intense training, CAR-Research XRM is hosting a wide array of workshops at its Automotive Boot Camp 2013. Keith Shetterly, director of business development and call center with CAR-Research XRM, will present a workshop at titled, “The Invisible Customer: Get Sales From the Buyers We Don’t See,” on May 15 at […] [Read More]

ADP Digital Marketing, a business unit of ADP Dealer Services, recently announced that it will open a digital marketing innovation center in downtown Detroit. Company officials indicated they will initially be hiring approximately 150 digital marketing professionals during the next few months. ADP highlighted the facility will house data scientists, digital advertising professionals, Web technologists […] [Read More]

Flint Auto Auction recently launched a newly designed website, a platform geared to bring information about the auction and its various departments, sale dates and vehicle inventory together in an easy-to-use, intuitive interface. Management from the ServNet operation highlighted the front page of Flint’s new website provides a snapshot of the auction’s Wednesday sale, with […] [Read More]