The June Dealertrack Credit Availability Index climbed to the highest level in more than a decade, but the subprime segment isn’t surging to that degree. Cox Automotive reported that the share of loans to subprime borrowers in June declined 10 basis month-over-month to 16.6%. It marked the third consecutive monthly decline following March’s bump to […] [Read More]

It was the strongest first half for auction vehicle sales in seven years. According to the latest data from the National Auto Auction Association, there were close to 3.7 million vehicle sales at AuctionNet-participating auctions in the first six months of the year. Not since 2019, when there were 4.2 million units sold in the […] [Read More]

Auto Remarketing is recognizing the 2026 Women in Retail honorees in the July edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up, in alphabetical order by first name, is Jessica Cook, group product manager at CarGurus. The Women in Retail program is presented by CarGurus. What […] [Read More]

Auto Remarketing is recognizing the 2026 Women in Retail honorees in the July edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up, in alphabetical order by first name, is Eliana Raggio, chief marketing officer at Dealer eProcess. The Women in Retail program is presented by CarGurus. […] [Read More]

Auto Remarketing is recognizing the 2026 Women in Retail honorees in the July edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up, in alphabetical order by first name, is Courtney Hoffman, president of APCO Holdings. The Women in Retail program is presented by CarGurus. What prompted/inspired […] [Read More]

For years, dealerships have used the phrase “data lock‑in” to describe the pain of signing up with a new vendor or switching systems/platforms, only to have the process of taking their own data to a different vendor be difficult, incomplete, or disruptive. Closed architectures, restricted access, and limited interoperability create those conditions that make dealerships […] [Read More]

The importance of loyalty for every car dealership is becoming increasingly critical. Dealers need it to handle the current unstable environment and outside pressures at work today. Those include the effects of reduced new-car sales during the pandemic, which in turn have caused a limited supply of used vehicles today. One dealer describes it using […] [Read More]

Having a successful collections department has been one of the most labor-intensive parts of a buy-here, pay-here dealership for decades. Could using artificial intelligence help BHPH operators and other professionals in collections? Leedom Group thinks so, which is why the company recently announced the nationwide rollout of AIVA DealerTeams. It’s an AI-powered digital collections platform […] [Read More]

APCO Holdings announced an acquisition for the second time in less than a week. On Tuesday, the provider of F&I products and dealer solutions said it has acquired the assets of Fidelity Dealer Services. APCO made a similar move on Thursday by acquiring the assets of Dealer Performance Group (DPG), which enhanced EasyCare’s presence across […] [Read More]

AutoCanada has expanded its Ontario collision repair business through an acquisition of a Stratford business formerly operating as Fix Auto Stratford. ACX Stratford, as the facility is now known, is roughly 20,000 square feet and maintains direct repair program relationships with leading insurers like Definity and DGIG. It does not currently have OEM certifications, but […] [Read More]