Bain Capital, along with a wholly owned subsidiary of the Abu Dhabi Investment Authority, have entered a definitive agreement to buy Merchant Automotive Group, which does business as Merchants Fleet and Merchants Auto. The deal was announced Thursday by Merchants. The company said in a news release that Merchants’ leadership team will retain their current […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

“Sweetheart, did you remember to pack our electric vehicle?” While that question might seem silly coming from a couple on vacation, a new partnership involving Autonomy and EV Mobility could address that quandary should it ever arise — given that the latter company provides EVs on demand 24/7 as an amenity to luxury hotels as […] [Read More]

There are much more than corn and soybeans growing in Indiana this summer. This week, IAA announced the completion of the IAA Indianapolis South branch expansion and the start of construction on the new IAA Fort Wayne branch. According to a company news release, these two investments will more than double IAA’s capacity in the […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Perhaps the digitization of vehicle financing and retailing really is gaining significant momentum. This week, Wolters Kluwer, a global leader in professional information, software solutions and services, announced second quarter results and analysis from its Auto Finance Digital Transformation Index, a resource that tracks the rate at which dealers, service providers and finance companies are […] [Read More]

National Lenders General Agency made its sixth significant move since March, as the company looks to provide innovative tech solutions for independent dealers and special finance companies. This week, National Lenders added to its offerings by rolling out cloud-based insurance tracking software. National Lenders said its clients now have a cost-effective, automated solution to the […] [Read More]

XpressCredit, a fintech that focuses on the small independent auto dealer market, recently selected Lokyata’s BankAnalyze solution to help support contract decisioning for XpressCredit’s network of thousands of independent dealers nationwide. XpressCredit is designed to provide users with one point of entry from unit acquisition to customer disposition, including consumer finance and accounting. BankAnalyze can […] [Read More]