Auto Remarketing has learned that AuctionEDGE has made yet another purchase, as the quickly expanding company has now added Auction Software Inc. to its acquisition list. The purchase of ASI was announced today. It follows the company’s previously announced acquisitions of AuctionPipeline and AutoLookout. [Read More]

The overall retail sales market for dealers examined by the Federal Reserve in its most recent reporting period appeared fairly positive, and for the districts sharing insight on used-vehicle sales, the environment is a solid one. In its latest Beige Book report, Fed pointed out rather stable used-vehicle sales, as well as a robust new-car […] [Read More]

SOCIALDEALER — a social media management company out to help dealers create, manage and monitor their social activities through one centralized Web platform — introduced a new tool for Facebook. On Wednesday, SOCIALDEALER announced it now offers dealerships the ability to create and buy mobile sponsored-story placements from Facebook. Officials mentioned the service offering comes […] [Read More]

Bringing its automotive brand partner count to 19, Internet radio provider Pandora revealed the latest addition to its line-up on Wednesday. Joining its group of automotive partners is Mazda, who has announced plans to integrate the service into the radio of its vehicles. The OEM noted that Mazda models that will feature Pandora are expected […] [Read More]

A shortage of used commercial vehicles could be impacting the industry according to the latest analysis by Polk, with registrations down across all used gross vehicle weight sectors. On Wednesday, Polk reported that used commercial vehicle registrations (GVW 3-8) declined by 26.7 percent to 164,024 units in the U.S. during the first quarter of 2012, […] [Read More]

Used- and new-vehicle listing site AutoSales.com this week launched what officials are calling their Automotive Research Lab, an outlet that’s geared to generate insights available only on the site’s blog. Officials explained AutoSales.com’s blog provides buying information directly from people fully immersed in the world of vehicle sales. “AutoSales.com’s automotive insights are generated based on […] [Read More]

The auto industry has a new group of leaders celebrating their success as the first-ever graduates of a new management training program. Students of NCM Associates’ General Management Executive Program for franchised dealers celebrated their graduation on Wednesday. “I am very proud of each one of today’s graduates; they have worked diligently to balance the […] [Read More]

Jim Mitchell wanted to witness Ohio Gov. John Kasich sign Senate Bill 245 into law earlier this week since the legislation eight years in the making is aimed at assisting independent dealers in becoming successful. The executive director the Ohio Independent Auto Dealers Association cheered the passage of the measure that mandates dealers must go […] [Read More]

In the near future, businesses in the fleet car leasing industry might have to change their tactics, according to a recent report from IBISWorld.  [Read More]

In talking with Auto Remarketing after his company’s Thousand Oaks, Calif., auction location notched its third record sale this spring, the chief executive at Auctions In Motions — a Southern California company giving dealers an alternative way to buy and sell wholesale units by blending mobile and “hybrid” auction sales — boiled this hot streak […] [Read More]