A transferable auto warranty designed to protect dealer inventory was recently announced by ABS Auto Auctions. The company launched its new Buyer Shield Limited Powertrain Warranty in early August, when the company began offering the warranty as standard equipment on most vehicles sold through its auctions. ABS said Buyer Shield offers 90-day, 500-mile limited powertrain […] [Read More]

It was recently announced that Nissan North America has partnered with BankPlus to award a series of educational grants to local schools in Mississippi. The grants totaled more than $77,000. The program, administered by the Community Foundation of Greater Jackson, “distributed 68 grants supporting classroom projects that will be conducted during the 2012–2013 school year in […] [Read More]

In the aftermath of Hurricane Isaac that hit the Gulf Coast just last week, Group 1 Automotive said it is looking into damage to 12 of its coastal dealerships after the storm. The company — which recently came in at No. 6 on Auto Remarketing’s Top 125 Used-Car Dealer Groups list — noted preliminary assessments […] [Read More]

Pat Simmons remembers what the eve of an auction sale looked like five or six years ago. Back then, he said, you could see dealers combing the lot the night before a sale, scoping out the inventory, getting a peek at what the next day’s event would bring. “They’d be poking their heads in cars, […] [Read More]

In an effort to secure enough used inventory to the meet the needs of its customers, an Illinois BMW dealership is reaching out to area consumers in hopes to buy $3 million worth of used vehicles this month. Bill Jacobs BMW of Naperville, Ill., launched its “Major Buy Back Event” on Friday and is looking […] [Read More]

This year’s National Remarketing Conference presented by SmartAuction kicks off with a quartet of concurrent workshops that delve into several vital elements of the wholesale industry. The strong opening to the 13th annual event that’s one of the highlights of Used Car Week includes these sessions: —Titled, “What’s Under the Hood?”  The session is going […] [Read More]

Jan. 1 might be more important to California buy-here, pay-here dealers than it just being the first day of 2013. It also could be the day three bills now sitting on Gov. Jerry Brown’s desk become laws that significantly change the industry in the Golden State. As the state legislature wound down its current session […] [Read More]

From the lot to the lanes, a new AutoManager app is designed to save dealers time and help them make wise purchasing choices, the company says. AutoManager has announced the release of AutoManager.Mobile, a free mobile app for Android devices. Using a smartphone or tablet, the app allows dealers to scan a vehicle identification number, […] [Read More]

As football season gets underway, companies in our industry already have their sight’s set on the Big Game. Cars.com revealed late last week it is heading back as an advertiser in Super Bowl XLVII. With one 30-second spot, Cars.com marks its sixth consecutive year of advertising in the Big Game.  "Commercials during the Big Game […] [Read More]

Primeritus Financial Services recently announced several top management promotions at its California location and one promotion at its Tennessee office.  Among the promoted members of the El Dorado Hills, Calif., office are: —John Fountaine, vice president and general manager —Chris Oskiera, vice president of USA Recovery —Bill Sheehan, vice president of sales, operations and IT […] [Read More]