Cherokee Media Group has launched an “NAAA 75th” series of its Auto Remarketing Podcast, which commemorates the diamond anniversary of the National Auto Auction Association. Between now and the NAAA World Remarketing Convention in late September, the show will periodically feature auction owners, association executives and other wholesale industry leaders, who will discuss what the […] [Read More]

Autotech Ventures said Thursday it has closed its third fund. The early-stage venture capital firm, which aims to tackle ground transportation challenges through technology, said the $230 million fund will be used for investments in mobility-related startups that are in seed through Series C funding stages. Autotech also announced that it has added Repair OnDemand […] [Read More]

AutoCanada has expanded its footprint in Ontario with its acquisition of Premier Chevrolet Cadillac Buick GMC in Windsor. The dealership includes 42,000 square feet of facilities on five acres, which includes a 12,000-square-foot collision center with 14 service bays. The current management team will be retained. “We are thrilled to announce the acquisition of this […] [Read More]

Crédito Real USA Finance (CRUSAFin) — whose roots stem from AFS Acceptance that began originating subprime auto financing with independent dealerships more than 15 years ago — gained new ownership this week. Bepensa Capital announced through a news release that the Mexican business group has acquired 97.64% of CRUSAFin for more than $60 million. Acknowledging […] [Read More]

This week, Advanced Dealer Solutions welcomed Bruce Osborne as general manager, bringing three decades of experience serving the F&I industry in a variety of roles since making his start in automotive retail. The full-service, dealer development agency focused on automotive, RV and powersports dealers across the United States said Osborne will be based in Springfield, […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is  Aria Tactaquin, AVP of business development at RCG Logistics. What is the top trend you’re watching in remarketing/wholesale automotive this year? As someone who […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Stacy Brown, vice president of digital sales at Dealers Auto Auction Group. What is the top trend you’re watching in remarketing/wholesale automotive this year? […] [Read More]

Auto Remarketing is recognizing the 2023 Women in Remarketing honorees in the April edition of the magazine and will be posting Q&As with each of these outstanding leaders on the website. Next up is Alicia Forte Morrone, who is national sales manager at Copart. What is the top trend you’re watching in remarketing/wholesale automotive this year? We are […] [Read More]

Dealers and others who need to know the true condition of a used vehicle or perhaps want to quickly inspect a customer’s vehicle sitting in their service drive, are being given more options than ever before for obtaining that peace-of-mind intel. Some of the more recent entrants into the inspections and condition reports space use apps to get the job done and along with others, have developed sophisticated technology, often powered by machine learning and artificial intelligence. Then there are companies such as [Read More]

Service activity at franchised dealerships decreased in February but service revenue increased compared to the same month in 2022, according to data from Cox Automotive’s Xtime metrics. The rise in revenue was due to dealers providing more information about the entire repair process, Skyler Chadwick, director of product consulting at Cox Automotive, told Auto Remarketing. […] [Read More]