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]

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 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]

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]

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]

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, 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]

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]

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]

There wasn’t any movement in wholesale vehicle prices in the first half of June, but signs are pointing to the second half seeing some slowdown. That’s according to Cox Automotive’s analysis around its mid-month Manheim Used Vehicle Value Index. The index remained at … [Read More]