There’s a trend that may have started back before the pandemic, but is ramping up recently: Canadian dealers are increasingly looking south of the border, eyeing mergers, acquisitions and opportunities in the U.S. Auto Remarketing Canada spoke with a variety of different leading M&A experts across the U.S and Canada to learn more. There are […] [Read More]

SmartGroups is gaining momentum not just in assembling and moderating 20 groups of independent dealers. The company announced this week it has partnered with automotive retail technology company CDK Global to integrate its systems with LinUs, SmartGroups’ proprietary patent-pending benchmarking software. Through the partnership, SmartGroups said LinUs will be fully integrated with CDK’s dealer management […] [Read More]

GM Financial Canada has taken over for General Motors Canada as the program manager for GM Protection protects, a move that was effective last month, the company said in a news release Wednesday. GM Financial Canada will head up development and deployment of the Protections business and collaborate with Motors Insurance in doing so. The […] [Read More]

Becky Chernek of Chernek Consulting appeared on the Auto Remarketing Podcast for her monthly visit to discuss F&I strategy. During this episode, Chernek explained why “rehashing the deal” can be a valuable process that can help dealerships, finance companies and consumers. To listen to the conversation, click on the link available below, or visit the Auto Remarketing […] [Read More]

And now for the next installment of Auto Remarketing's 40 Under 40 program. This time, we feature the 2022 honorees in “40 Under 40: Industry” program, which is sponsored by IAA and focuses on the consignors, auctions, auto finance, vendors, tech companies, associations and other players within the used-car space. Honorees will be spotlighted in the upcoming October […] [Read More]

Time Auto Group and Daniel Crainic have purchased Gresham Chrysler Dodge Jeep Ram in Oregon from Dorian Boyland and Dan Kaiser, according to a news release from Performance Brokerage Services. Boyland is a former MLB player who founded Boyland Auto Group in 1985 after retiring from baseball two years earlier. Boyland purchased Gresham Dodge in […] [Read More]

Dealers often suggest that used-vehicle buyers purchase various kinds of insurance products when taking delivery. This week, Novum Underwriting Partners is giving dealerships an opportunity to get insurance, too. The company announced an exclusive franchised and independent dealer insurance program specializing in multi-line coverage tailored to meet the unique needs of automobile and RV dealers. […] [Read More]

Nordis Technologies recently unveiled a new white paper that asserted cloud-based customer communications management (CCM) technology enables billing and collections firms to keep up with proliferating rules and requirements for how they are allowed to communicate with consumers about delinquent debt According to white paper titled, “Gain Control of Your Omnichannel Collections Communications,” another key […] [Read More]

This week, Alfa announced its latest software update with release 5.7 Alfa Systems, a software platform for asset finance. Alfa highlighted the latest release follows two years of new enhancements in key areas of the product, with new offerings in the user experience, charges and billing, and configuration among the highlights. Meanwhile, changes to existing […] [Read More]

On Tuesday, Fitch Group announced an agreement to acquire a majority stake in dv01, a data and analytics provider to the structured finance market. According to a news release, dv01 will operate as a subsidiary of Fitch Solutions, one of the divisions of Fitch Group. While financial terms were not disclosed, the company said the […] [Read More]