As used-car managers know, dealer consignment might be the busiest lane on sale day, so Black Book took a longer look at the trends of trade-ins flowing into auctions nowadays. Black Book’s Ricky Beggs recapped recent editorial team discussion as the editors wondered “whether the trade-ins were aging any over the past year or so […] [Read More]

Pushed by cheaper oil and consumer appetite for new vehicles, last month showed a 3-percent dip in used-vehicle values, according to Kelley Blue Book. And this decline isn’t over. The firm is projecting used values to remain on the downturn over the next three months, possibly falling 6 percent  to 7 percent amid slowing demand […] [Read More]

This week marks the launch of two new Dealer 20 Groups, part of a 10-group addition for franchised auto dealers announced Monday by NCM Associates. Launching Thursday and Friday is a Kia 20 Group, which will conduct its organizational meeting, moderated by Jeff Bethel, at NCM Associates’ headquarters here. Getting under way the same days […] [Read More]

Auto/Mate Dealership Systems revealed Monday the launch of a program that will allow third-party software vendors to fully integrate with its dealership management system. Open/Mate, the company’s new open integration program, is designed to ensure “all data exchanged between an auto dealer’s DMS (dealer management system) and third-party software systems is delivered instantly and securely […] [Read More]

Nissan and Infiniti recently opened their largest U.S. training facility, a brand new operation in New Jersey consisting of 31,000 square feet and aimed at serving dealerships in the Northeast region. When assessing the site, Nissan Americas vice chairman Bill Krueger said, “Making sure that we have service technicians, service advisers, sales people trained on […] [Read More]

Celebrating the OEM’s successful partnership with Internet marketing company Trilogy Smartleads, Hyundai hosted a vehicle giveaway marking a milestone sale. One lucky shopper picked up the keys to a free 2012 Hyundai Sonata, commemorating the 50,000th OEM sale originating from Trilogy SmartLeads. The 50,000th lead came from Cars.com, officials shared. And the company revealed last […] [Read More]

This year’s National Remarketing Conference will once again have a strong focus on the top fleet/lease, captive and OEM consignors. However, attendees to November’s annual event can also expect an in-depth look at dealer consignment and buying. In fact, Sonic Automotive corporate used-car director Hal McLarty is already on board as a speaker. And for […] [Read More]

In addition to an expected 1,800-plus vehicles up for grabs during the auction’s regular sale, attendees at the Sanford Auto Dealers Exchange’s July 3 event will have the chance to help a cause benefitting children with serious medical conditions and meet NASCAR royalty. [Read More]

It appears wholesale prices are continuing to slide as June gets underway. When NADA Used Car Guide provided AuctionNet wholesale average price data to Auto Remarketing late last week, all the segments it tracks were expected to experience slight declines by this past Friday. And as gas prices continue to even out, the compact car […] [Read More]

Auto Remarketing Conferences has announced that the Call for Speakers for the 2012 Auto Remarketing Used Car Week conference series is officially open. Conference organizers will be accepting speaker proposals through Aug. 1. Used Car Week is being held Nov. 12–16 at The Phoenician in Scottsdale, Ariz. It kicks off with the “CPO Dealer Forum […] [Read More]