Three national trade groups want the industry to start the new year on the right compliance path. In late December, the Guaranteed Asset Protection Alliance (GAPA), Motor Vehicle Protection Products Association (MVPPA) and Service Contract Industry Council (SCIC) launched an initiative called the Industry Compliance Program (ICP), which aims to bring service providers and finance […] [Read More]

There’s a new electric vehicle availability standard in Canada. Proponents contend it will give Canadians better access to more affordable cars and cleaner air. The standard, announced shortly before the Christmas holiday, is in place to move the country toward the target of 100% zero-emission vehicle sales by 2035. The interim targets of 20% of […] [Read More]

The OpenRoad Foundation, which is the philanthropic arm of the OpenRoad Group of car dealerships, has donated another $100,000 to Canadian charities, bringing the total donated in its inaugural year to more than $225,000, the group announced last month. The foundation’s main mission is to support the development of Canadian communities, focusing on environment, community […] [Read More]

The electric vehicle era is here, and when its effects trickle down to the used-car market, auto dealers will have to rethink everything from the ground up. That begins with this seemingly simple question: What do customers want in a pre-owned electric vehicle? A panel of experts took on that question in the “Customer Satisfaction Has Changed in the EV Era” session during the Used Car Week conferences in Scottsdale, Ariz., using questions asked by consumers as a guide ... [Read More]

When Shawn Vaughan looks at what’s ahead for the automotive market in 2024, he sees much uncertainty — about the economy, interest rates, politics. But there’s one thing he’s sure of. “Retail is back,” said Vaughan, president and CEO of Vaughan Automotive, which operates two Toyota dealerships in Houston and Boerne, Texas that retail some 1,500 units with annual sales of about $500 million. As the auto industry continues to evolve in the post-COVID era, many dealerships are having to ... [Read More]

There are dozens of events providing education and value to retail car dealers. From the large NADA Conference and Exposition to the small factory or 20 Group meetings, they range dramatically in both value and cost. I have participated in hundreds of events, both inside and outside this industry as an exhibitor, sponsor or attendee. […] [Read More]

Resolvion made another technology-driven move on Tuesday aimed at making repossession complexities smoother for both its employees and its network of agents. The provider of national repossession management, skip-tracing, remarketing, license plate recognition, heavy equipment and specialty recovery announced today the universal acceptance release integration between its proprietary database — Wombat — and RDN. Resolvion […] [Read More]

Tesla’s autopilot features are in question after significant recalls hit the U.S. and Canada this past week. According to recall information from both the National Highway Traffic Safety Administration and Transport Canada, the respective U.S. and Canadian auto regulators,  Tesla is dealing with a recall that involves the majority of the cars it has sold […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features representatives from High Performance Auto Auctions who discussed M&A and more. The panel included: —David Diedrich of Dealers Auto Auction —Bob McConkey of McConkey Auction Group —Sawyer Walker of America’s Auto […] [Read More]

Black Book announced an integration with peer-to-peer vehicle transaction platform PrivateAuto to give buyers and sellers more visibility into the values of the vehicles on the platform. PrivateAuto is designed to remove the middleman and provide an enhanced level of transparency to the private-vehicle sale process, using proprietary banking technology so buyers and sellers can […] [Read More]