Repossessions and lease returns are very strong in the auction lane, while rentals are struggling, said John Brasher of Brasher’s Sacramento Auto Auction in the facility’s post-sale video report this week. Also strong in the lanes, Brasher noted, were most dealer trades. “Our closed Ford factory sale was the strongest we’ve had in many months,” […] [Read More]

A former leader of Volvo’s certified pre-owned program now has a remarketing post with Hyundai Capital America. Auto Remarketing learned this week that Johnny Lee is now the manager of remarketing planning with the Irvine, Calif.-based company. Lee was with Volvo Finance from 1997 to 2002, then Volvo Cars from 2002 to 2009. His time […] [Read More]

As dealers prepare for what many hope will be a busy Labor Day weekend on the lots, stores are ramping up holiday sales left and right. And for two Las Vegas dealerships, their staff is taking a bit of an unconventional approach. Two Chapman Las Vegas dealerships are partnering for what they are calling a […] [Read More]

Dealers know the importance of customer follow-up. Now, they can tap into a new call service designed to improve the follow-up process, from sales to service. The Reynolds and Reynolds Co., on behalf of its Virtual Customer Care Center, this week announced the addition of several new follow-up call services that the company says are designed to […] [Read More]

ATLANTA and IRVINE, Calif. — A former leader of Volvo's certified pre-owned program now has a remarketing post with Hyundai Capital America. Sister publication Auto Remarketing learned this week that Johnny Lee is now the manager of remarketing planning with the Irvine, Calif.-based company. Lee was with Volvo Finance from 1997 to 2002, then Volvo […] [Read More]

SACRAMENTO, Calif. — 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 winds down […] [Read More]

FORT LAUDERDALE, Fla. — Non-prime lender Southern Auto Finance Co., expanded its market footprint into four more states this week. SAFCo now partners with nearly 3,000 dealerships in 14 states, now including Kansas, Missouri, North Carolina and Pennsylvania. Back in March, the company broadened its reach by adding Illinois, Indiana, Michigan and Ohio Known as […] [Read More]

PENSACOLA, Fla., and WASHINGTON, D.C. — Following the destruction brought by Hurricane Isaac in the Southeast, Pen Air Federal Credit Union is collecting monetary donations for the relief efforts of the American Red Cross, which is deploying significant resources to the region. Officials indicated funds will be collected at all Pen Air FCU locations during […] [Read More]

The used-car days-to-turn rate in Canada climbed for the second straight month, according to the latest data provided by J.D. Power and Associates’ Canadian Automotive Practice. Following four consecutive months of declines, the rate settled at approximately 54 days to turn in May, before creeping up each of the last two months and reaching close […] [Read More]

North Toronto Auction and Ontario-based Apex Inspection Solutions have announced a strategic partnership where Apex will be the auction’s third-party inspection provider. As such, the company will provide NTA clients with enhanced vehicle inspection services. The partnership can lead to growth opportunities for NTA and Apex, officials said, "while informing and empowering the customer experience […] [Read More]