Last July, J.D. Power acquired Superior Integrated Solutions/Darwin Automotive to strengthen its F&I software analytics offerings for dealers and third-party partners. On Thursday, J.D. Power further reinforced that business segment with another acquisition, adding Tail Light, a leading automotive software company. Executives highlighted Tail Light’s F&I menu and reporting software is used by dealerships and […] [Read More]

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed interdum nibh sed lectus venenatis tincidunt in at neque. Ut pharetra congue felis vel egestas. Maecenas convallis quam in elementum viverra. Maecenas scelerisque vulputate enim, in tempor orci sollicitudin sit amet. In hac habitasse platea dictumst. Curabitur posuere lorem ligula, in tempor felis interdum et. Ut […] [Read More]

Despite ongoing shortages of precious metals and microchips needed to replenish inventory levels, many automakers continue to invest in marketing. But, in contrast to previous years where incentives, sales events, and financing offers punctuated TV spots and digital banners, this year has seen stronger emphasis on future model launches, lifestyle campaigns and multicultural efforts as […] [Read More]

Jensen-Wood Chrysler Dodge Jeep Ram of Montpelier, Idaho, has been sold to Casey Wheeler, who recently launched his own dealership group and is expanding, according to a news release from Performance Brokerage Services, which advised sellers Kirk and Lorrie Jensen. The latter have been third-generation owners of the store since 2000 and are retiring. Kirk […] [Read More]

Dave Cantin Group, an automotive M&A firm, made a series of leadership moves on Wednesday. The company named Brian Brown as president of DCG Acquisitions, the company’s primary M&A arm; George Pero as national vice president of sales for DCG; and Brian Traugott as national vice president of operations for DCG. Brown joined DCG in […] [Read More]

The NYE Group has sold its six dealerships in upstate New York to Atlantic Coast Automotive Group, according to a news release from the Tim Lamb Group, which brokered the sale. Harold Nye founded NYE Group in 1968, and his son William Nye has helmed the group since 1998. The transaction closed May 24. “The […] [Read More]

PureCars announced a new chief executive office on Thursday: Stephane Ferri, who most recently was strategic advisor for the Presidio Group, following time as senior vice president at vehicle subscription company Flexdrive. Ferri’s background also includes time at Cox Automotive and Asbury Automotive Group. PureCars founder Jeremy Anspach transitions out of the CEO role but […] [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week this month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Jordana […] [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week this month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Ellie […] [Read More]

With Memorial Day Weekend unofficially starting summer and vacation season, Black Book noticed somewhat sleepy auction lanes last week and expects more of the same this week. But there are some interesting trends emerging that could affect the shape of the wholesale market as the temperatures continue to rise. “Many buyers seem to still be […] [Read More]