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PODCAST: Ally Insurance president Daniel Eller on changing consumer trends
Monday, Feb. 13, 2023, 04:11 PM
Auto Fin Journal Staff
Ally Insurance president Daniel Eller went from being on stage at NADA Show 2023 in Dallas as part of the TIME Dealer of the Year presentation to having a conversation at the company’s booth for the Auto Remarketing Podcast. Eller delved into why consumers are becoming more interested in car insurance when they take delivery as […] [Read More]
Jeff Martin to become next NIADA CEO
Monday, Feb. 13, 2023, 02:08 PM
BHPH Report Staff
The National Independent Automobile Dealers Association found its new chief executive officer in another part of the Lone Star State. The NIADA board of directors selected Jeff Martin, the executive director of the Texas Independent Automobile Dealers Association, to lead the 75-year-old dealer-driven association. According to a news release distributed on Monday morning, Martin will […] [Read More]
More good news for the used-car market to start 2023
Friday, Feb. 10, 2023, 09:39 PM
Joe Overby, Senior Editor
Much like the new-car market, retail demand was stronger than expected for used cars in January, according to the latest CarGurus Intelligence Report. But unlike the new-vehicle segment, prices on pre-owned eased last month. So don’t be surprised to see … [Read More]
COMMENTARY: What may lie ahead for wholesale automotive
Friday, Feb. 10, 2023, 05:36 PM
Grace Huang, Cox Automotive
The new year is always an exciting time to reflect on the past and look ahead with optimism to a fresh start full of opportunities. For the automotive industry, 2022 was another turbulent year. In the wholesale space, it included tight used vehicle supplies and unprecedented declines in used vehicle values. In fact, the Manheim […] [Read More]
PODCAST: How dealers can leverage potential of commercial vehicles this year
Thursday, Feb. 9, 2023, 09:17 PM
Auto Remarketing Staff
As NADA Show 2023 was about to get started in Dallas, Work Truck Solutions founder and chief vision officer Kathryn Schifferle outlined a path that stores can tap into the growing commercial vehicle space. In this episode of the Auto Remarketing Podcast, Schifferle also shared what’s piquing her interests most when it comes to commercial […] [Read More]
PODCAST: Federal- and state-level government update with AFSA
Thursday, Feb. 9, 2023, 08:40 PM
SubPrime Auto Finance News Staff
Two of the senior vice presidents from the American Financial Services Association took time during their orchestration of the 2023 Vehicle Finance Conference in Dallas for this episode of the Auto Remarketing Podcast. Celia Winslow and Danielle Fagre Arlowe discussed the latest developments on the federal and state level, respectively, in connection with actions by […] [Read More]
COMMENTARY: Congratulations, you made a sale. Now, how to make your next move
Thursday, Feb. 9, 2023, 08:18 PM
Matt Murray, Widewail
As an automotive dealer, your reputation is your lifeline. And in the digital age, your reputation is displayed in black and white (and yellow stars) for everyone who searches for you or even generally searches for your services. Too few reviews, too old reviews and fewer than four stars all disqualify you from ranking well […] [Read More]
Tips to handle TikTok-inspired rescission letters
Thursday, Feb. 9, 2023, 04:24 PM
BHPH Report Staff
A recent Tip of the Week from Ignite Consulting Partners delved into the social media world your children might know well — TikTok. Ignite recapped that during the last few weeks, a TikTok video went viral and gave consumers some “bad ideas and created even more headaches for dealers and finance companies.” The video recommended […] [Read More]
Byrider broadens Florida footprint
Thursday, Feb. 9, 2023, 04:22 PM
BHPH Report Staff
The newest Byrider location opened this week in the Sunshine State. The franchise chain of buy-here, pay-here dealerships made its way into the South Florida market with a new store at 2008 Okeechobee Blvd. in West Palm Beach, Fla. Byrider now has seven locations in Florida. This is the fourth dealership for the franchise ownership […] [Read More]
Amid ongoing supply constraint, buyers & sellers in Canadian wholesale market ‘trying to figure things out’
Thursday, Feb. 9, 2023, 04:21 PM
Sarah Rubenoff, Correspondent
Although digital remarketing was on the rise before COVID, many in the industry still preferred the in-lane process and physical auction sales. Then the pandemic hit. And the economic shutdown was soon to follow. With the closing of auctions’ physical doors, the pivot to digital wholesale was in full force. Now, even though many physical […] [Read More]
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