Search Results
Dealer M&A: Zeigler buys Michigan dealerships, Empire adds NJ stores
Thursday, Jul. 13, 2023, 03:35 PM
Auto Remarketing Staff
Zeigler Automotive Group has acquired four dealerships in Holland, Mich., in a purchase of Elhart Automotive from Jeff Elhart. The dealerships have been renamed Zeigler Kia of Holland, Zeigler Nissan of Holland, Zeigler Hyundai of Holland and Zeigler GMC of Holland. The Kia dealership is the first in Zeigler’s portfolio. Zeigler, based in Kalamazoo, Mich., […] [Read More]
Automotive companies pair up with Atlanta sports teams
Thursday, Jul. 13, 2023, 12:40 PM
Auto Remarketing Staff
Flexcar and Mercedes-Benz — automotive companies with a strong presence in Atlanta — are working to strengthen their connection to the community through its professional sports teams. Flexcar, a Boston-based vehicle subscription service that began operating in Atlanta in 2021, announced a partnership with the Atlanta Braves. The deal features advertisements in Truist Park, the […] [Read More]
Used Car Week to launch ‘Can Con’ event
Thursday, Jul. 13, 2023, 11:40 AM
Auto Remarketing Canada Staff
As part of Used Car Week 2023, set for Nov. 6-9 at the Westin Kierland in Scottsdale, Ariz., Cherokee Media Group is launching the “Can Con” event. Can Con, which will be held during the First Block of Used Car Week, will offer agenda content specific to the Canadian used-car retail, remarketing and auto finance […] [Read More]
PODCAST: Roger Saran & Chris Dyck of Rifco National Auto Finance
Thursday, Jul. 13, 2023, 11:01 AM
Auto Remarketing Canada Staff
Rifco National Auto Finance president and chief operating officer Roger Saran and Chris Dyck, the company’s manager of credit and dealer services, join the Auto Remarketing Podcast from the Canada’s Used Car Week Podcast Stage. They talk with Cherokee Media Group senior editor Joe Overby about the auto finance trends they’re watching this year, differences […] [Read More]
Inovatec partners with Paays to provide advanced verification & fraud detection capabilities to Canadian lenders
Thursday, Jul. 13, 2023, 10:40 AM
Auto Remarketing Canada Staff
Lenders that use Inovatec Systems now have reinforced tools to originate auto loans with more confidence about the consumer connected to the contract This week, the provider of cloud-based software solutions for lenders announced it has formed a partnership with Paays Financial Technologies, a provider of advanced risk management solutions for banks, credit unions, finance […] [Read More]
Byrider broadens footprint in Kentucky
Thursday, Jul. 13, 2023, 10:26 AM
BHPH Report Staff
One of Byrider’s franchisees started the second half of the year by expanding its footprint in Kentucky. Byrider announced this week that franchise ownership group Garber Ventures opened a location in Elizabethtown, Ky., representing Byrider’s seventh location in the Blue Grass State. Garber Ventures now has five Byrider stores, with another rooftop in Louisville, Ky., […] [Read More]
PODCAST: Tales from the BHPH trail with Gene Daughtry
Thursday, Jul. 13, 2023, 10:25 AM
BHPH Report Staff
Gene Daughtry’s travels take him from Texas to Connecticut and elsewhere, examining buy-here, pay-here dealership operations and offering recommendations to sharpen collections, reconditioning and other business segments. The senior consultant with AMS Consulting was in Las Vegas last month for the annual NIADA Convention and spent time with Cherokee Media Group’s Nick Zulovich for this […] [Read More]
EFG offers strategy to counter potential financing headwinds
Thursday, Jul. 13, 2023, 10:25 AM
SubPrime Auto Finance News Staff
While EFG Companies sees some market strength and positive economic and consumer trends, experts acknowledged slow inventory growth, price concerns and stubborn inflation have the potential to create revenue barriers in the second half of 2023 for the retail automotive and powersports industries. Company leaders recommended that dealer principals, agents, and finance companies approach the […] [Read More]
Shift cuts 34% of workforce, ends investment in dealer marketplace
Wednesday, Jul. 12, 2023, 04:27 PM
Joe Overby, Senior Editor
A little more than a month after naming a new CEO, Shift Technologies said Tuesday it is restructuring and reducing its workforce. Shift will also discontinue investment into its dealer marketplace so that it can focus on its core business. The restructuring will reduce Shift’s headcount by roughly 34%, which the company estimates 60% of […] [Read More]
PODCAST: iPacket’s Taryn Young on digitizing dealer documentation, transparency & more
Wednesday, Jul. 12, 2023, 03:33 PM
Auto Remarketing Staff
Taryn Young, vice president of marketing at iPacket, joined the Auto Remarketing Podcast from the Canada’s Used Car Week Podcast Stage last month in Toronto. Young and Cherokee Media Group senior editor Joe Overby talk about the company’s origin at a dealership as a way to digitize all the documentation (history reports, reconditioning receipts, etc.) […] [Read More]
X