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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]
Women & Automotive: Tracy Nichol of IAA
Tuesday, Jun. 21, 2022, 02:52 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 Tracy Nichol, who is regional operations manager for Ontario […] [Read More]
Women & Automotive: Natascha Jung of AutoVerify
Tuesday, Jun. 21, 2022, 02:46 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 Natascha Jung, who is director of customer […] [Read More]
Autozen secures more than $5M in seed funding, will expand to US
Tuesday, Jun. 21, 2022, 02:22 PM
Auto Remarketing Staff
Autozen, an online C2B marketplace for consumers to sell their vehicles to professional buyers, said Tuesday it has closed an oversubscribed seed funding round of more than $5 million. The company, which is based in Vancouver, is also expanding to Toronto, Calgary and Edmonton, while also adding Seattle, its first U.S. market. Vanedge Capital led […] [Read More]
2022 Women in Retail honorees
Monday, Jun. 20, 2022, 05:47 PM
Auto Remarketing Staff
Auto Remarketing is proud to celebrate our annual Women in Retail awards, a program sponsored by CarGurus. 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. Honorees will be recognized in the upcoming July issue of Auto Remarketing and […] [Read More]
Details of dealermallUSA by NIADA to help members retail certified inventory & more
Monday, Jun. 20, 2022, 05:44 PM
BHPH Report Staff
The National Independent Automobile Dealers Association is introducing a new way for its members to show — and sell — their inventory. Coinciding with the open of the association’s convention, the organization launched dealermallUSA by NIADA. Dubbed the official NIADA marketplace for dealers, it’s is an online digital retailing platform powered by MOTOix, featuring vehicles […] [Read More]
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