One of Santander’s flourishing relationships with an automaker in Europe now is coming to fruition in the United States. Santander Consumer USA announced a new, exclusive multi-year agreement in the U.S. with INEOS Automotive that will enable the finance company to serve as INEOS Automotive’s preferred provider of automobile financial services in the United States. […] [Read More]

Last week, StoneEagle announced the transition of its chief technology officer, as Gary Peek will take on the role from Chris Tynes, who has been with the provider of F&I and service metrics reporting, menu sales tools, an F&I product administration platform, and data solutions since 2013. StoneEagle said Tynes will slide into an advisory […] [Read More]

Dealers, it seems, are shoring up used-car inventories on their lots in case the United Auto Workers strike is prolonged and they’re left empty-handed on the new-car side. According to the latest Intelligence Report from CarGurus, used-vehicle inventory at dealerships in September jumped 2.5% from August, though still down 3.8% year-over-year and 8.4% from pre-COVID […] [Read More]

Toyota Canada and its team of dealers donated almost a million to food banks across the country. The combined donation came to over $900,000. The Canadian economy is a tough one for consumers, as inflation and rising interest rates are pushing food insecurity rates in the country to rise. Food banks are seeing more and […] [Read More]

Vehicle thefts in Canada have grown at a considerable rate since 2021 and continue to rise, with 2023 numbers expected to beat year-ago figures, according to Statistics Canada. Watch the progression: In 2021, 83,416 vehicles were stolen in Canada. This number rose to 105,673 last year. And according to Statistics Canada, 2023 is trending upward […] [Read More]

Whether you call it a micro-lease, a subscription, or long-term rental, flexible, turnkey vehicle access without any long-term commitment now dominates personal transportation in Europe. And developments suggest that a larger presence in U.S. dealerships will be coming soon. I was listening to a panel discussion with some very esteemed automotive economists recently, and in […] [Read More]

The wholesale used-vehicle market ended the third quarter with some stability, but the duration of that steadiness likely hinges on how the United Auto Workers strike unfolds. As one analyst put it, the used-car market has reached a “crossroads.” That’s the state of affairs illustrated by the monthly used-car price indices released this week by […] [Read More]

Sanford Marketing Group founder Jennifer Sanford shares more of her wisdom for successful B2B marketing campaigns and project management. Sanford offers advice on making the most of industry events during this episode of the Auto Remarketing Podcast. She also wrote commentaries addressing what to do while at trade shows, best practices for exhibit booths, and […] [Read More]

Davie, Fla.-based Rick Case Volkswagen recently won an award for being the No. 1 volume certified pre-owned VW dealer in the country during 2022, and the dealer group’s chief operating officer was impressed by the response he saw from the automaker. “Everybody from national came in, everybody from the regional office and local support — […] [Read More]

Dealer eProcess said that understanding how to leverage credit prequalification is crucial for maximizing your dealership’s success. So the comprehensive website and digital marketing solution recruited CreditMiner vice president of strategic partnerships Ken Luna to host an education webinar about that specific topic. During the session scheduled for 1 p.m. (ET) on Nov. 16, Luna […] [Read More]