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Women & Automotive: Lisa Prestidge of Element Fleet Management
Thursday, Jun. 23, 2022, 03:24 PM
Auto Remarketing Canada Staff
Auto Remarketing Canada is recognizing the 2022 Women & Automotive: Profiles honorees in this digital issue of the magazine and at Canada's Used Car Week next week at the Westin Harbour Castle in Toronto. Leading up to the event, ARC has been posting Q&As with each of the Women & Automotive honorees on this website. Next up is Lisa Prestidge, who is auction manager at Element […] [Read More]
From the editor: NARS highlights intriguing thoughts from finance companies & repo agents
Thursday, Jun. 23, 2022, 03:00 PM
Nick Zulovich, Senior Editor
Tip of the conference cap to the American Recovery Association and the North American Repossessors Summit planning committee. They scheduled a pair of intriguing panel discussions to begin the 2022 edition of NARS, which unfolded for the first time at the foot of the Rocky Mountains. The opening panel on Tuesday afternoon featured a diverse […] [Read More]
NIADA welcomes Pollak to Ring of Honor
Thursday, Jun. 23, 2022, 02:53 PM
BHPH Report Staff
Already with a large collection of accolades and awards, you might say that Dale Pollak now is standing tall on the front line of the independent dealership world, as he’s now considering himself to be a “real car guy.” Pollak, founder of vAuto, Cox Automotive executive vice president and an innovator in dealership inventory management, […] [Read More]
Alternative-fuel & smaller vehicles lead used-car price hikes
Wednesday, Jun. 22, 2022, 06:49 PM
Auto Remarketing Staff
In an effort to save at the pump, consumers these days are shelling out more to get alternative-fuel and smaller vehicles, spending thousands more for these rides than they were a year ago. According to an iSeeCars.com analysis of nearly 2 million sales of 1- to 5-year-old vehicles in May, overall used-car prices were up […] [Read More]
AI provider STELLA names VP of US sales
Wednesday, Jun. 22, 2022, 04:55 PM
Auto Remarketing Staff
STELLA Automotive AI, which provides conversational artificial intelligence technology, said Tuesday it has named a vice president of U.S. sales. Hired for the role is Sherri Eidenberg, whose 20-plus years of experience includes time with Live Person and Cox Automotive. “We aligned early with dealers to help them solve real problems,” STELLA chief executive officer […] [Read More]
America’s Auto Auction names new GM for Bowling Green location
Wednesday, Jun. 22, 2022, 04:42 PM
Auto Remarketing Staff
America’s Auto Auction Bowling Green has a new general manager. AAA said in a news release Tuesday that Karol Kirby Ahmed has been promoted to the GM role. “Karol joined America’s Auto Auction in 2017. Her rich auction lineage evolved from her family’s auction business in South Central Kentucky and Middle Tennessee,” AAA chief […] [Read More]
Dealer software providers AutoManager, Selly merge
Wednesday, Jun. 22, 2022, 04:29 PM
Auto Remarketing Staff
The AutoManager and Selly Automotive software companies have merged. AutoManager Holdings Group, which provides DMS and website tools to independent dealers, said in a news release Monday it has completed the merger between its AutoManager Acquisition, Inc. subsidiary and A1 Software, Inc., which does business as Selly Automotive. Selly provides CRM software to independent auto […] [Read More]
Dilawri group expands to US with purchase of DC dealerships
Wednesday, Jun. 22, 2022, 04:07 PM
Auto Remarketing Canada Staff
Another player in Canadian auto industry has expanded to the U.S. The Dilawri Group of Companies said Wednesday it has purchased Ferrari of Washington and Maserati of Washington, giving the dealership group a presence in D.C. and its first U.S. stores. “Dilawri has built its reputation as an industry leader in Canada by successfully representing […] [Read More]
CarLotz to close 11 hubs, scraps plans for 3 new locations
Tuesday, Jun. 21, 2022, 09:15 PM
Auto Remarketing Staff
CarLotz is closing 11 of its hubs and three planned locations will not open, the company said Tuesday. The closure of these dealership stores was set to begin Tuesday, with the aim of completing the closures by July 8. The resulting workforce reduction would be an estimated 25% to 30%, CarLotz said. “While decisions that […] [Read More]
Lane Watch: Wholesale vehicle prices show stability in June
Tuesday, Jun. 21, 2022, 08:41 PM
Auto Remarketing Staff
At least for the first half of June, stability seems to be the name of the game in the auction lanes. In its latest Market Insights report, Black Book observed that for the week ending Saturday, overall wholesale vehicle prices were up 0.10%, same as the prior week. Car segment prices were up 0.21%, compared […] [Read More]
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