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SIXT expanding to Canada
Tuesday, Jul. 12, 2022, 01:57 PM
Auto Remarketing Canada Staff
Global mobility provider SIXT is entering Canada. The rental car company said Tuesday it will launch first in Vancouver — with its debut Canadian branch in the city’s Library Square — followed by Toronto. “Expanding into Canada is a huge step for our business, and we are excited to bring the premium SIXT experience to […] [Read More]
Axis subsidiary Pivotal lines up $55M funding facilities
Tuesday, Jul. 12, 2022, 01:42 PM
Auto Remarketing Canada Staff
Axis Auto Finance announced in early July that its Pivotal Capital Corp. commercial equipment finance subsidiary has lined up an additional funding facility with Mitsubishi HC Capital Canada. The funding facility includes a purchase facility of up to $50 million in annual purchases and a warehouse facility with a $5 million limit. Pivotal plans to […] [Read More]
Morrie’s buys fellow Minneapolis-area dealer group
Monday, Jul. 11, 2022, 07:21 PM
Auto Remarketing Staff
Morrie’s Auto Group has purchased fellow Minneapolis area-based Forest Lake Auto Group, according to a news release Monday from Haig Partners, who was the sell-side advisor to Forest Lake in the deal. “It’s been my pleasure to work with a great staff at these two stores to serve many thousands of customers in the greater […] [Read More]
Cox Automotive Mobility Fleet Services starts pilot program
Monday, Jul. 11, 2022, 07:18 PM
Auto Remarketing Staff
Cox Automotive Mobility Fleet Services shared the latest update associated with Service 360 maintenance management program The company said on Monday that Service 360 is being piloted with several fleet customers with additional expansion planned for later this year. Cox Automotive Mobility Fleet Services highlighted the Service 360 maintenance program can allow fleet operators to […] [Read More]
Women in Retail: Jolene Ortiz of Edmunds
Monday, Jul. 11, 2022, 06:17 PM
Auto Remarketing Staff
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]
Women in Retail: Leslie Calicutt of Vic Bailey Automotive
Monday, Jul. 11, 2022, 06:10 PM
Auto Remarketing Staff
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]
Women in Retail: Kerri Watkins of Watkins Auto Sales
Monday, Jul. 11, 2022, 06:01 PM
Auto Remarketing Staff
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 […] [Read More]
Executives share insight on current auto transport trends
Monday, Jul. 11, 2022, 05:33 PM
Sarah Rubenoff, Correspondent
The entire auto industry has been impacted by recent trends in the current business environment, including COVID impacts and labor shortages, supply chain hiccups and more. And perhaps no branch of the industry has been affected as much as the vehicle transport and logistics side of the business. COVID restrictions, a shortage in drivers and […] [Read More]
Wells Fargo awards $1M grant to TMCF
Monday, Jul. 11, 2022, 03:19 PM
Auto Fin Journal Staff
Last week, Wells Fargo gave a $1 million grant to the Thurgood Marshall College Fund to provide support for scholarships, leadership development programs and for TMCF’s signature entrepreneurship program, the PITCH. In addition, Wells Fargo said in a news release that it will again be the presenting partner for the 22nd annual Leadership Institute: Empowered […] [Read More]
LendingTree again praises iLending for top customer service
Monday, Jul. 11, 2022, 03:18 PM
Auto Fin Journal Staff
LendingTree named iLending as the No. 1 customer service provider for the first quarter in the automotive category. According to a news release from the refinancing provider, this announcement marks the third time in the previous four quarters that the company has earned the No. 1 status at LendingTree, and the sixth consecutive quarter of […] [Read More]
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