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]

In 1996, the National Safety Council declared June “National Safety Month,” a time to reflect on working conditions around the country and how to create safer environments. Two decades later, it serves as an important reminder each year that workplace safety requires commitment each and every day from both a company and its employees. At […] [Read More]

XLerate Group, which acquired the America’s Auto Auction group late last year, said Wednesday it is rebranding the 16 XLerate auctions with the AAA name, as the company consolidates the XLerate auctions with the 23 AAA sites under a unified branding. The group is also launching a revamped logo. “XLerate Group’s acquisition of America’s Auto […] [Read More]

E Automotive Inc. and its EBlock dealer-to-dealer digital auction subsidiary have purchased another independent auto auction and continue to grow in the Southern U.S. As part of its U.S. expansion strategy, the Toronto-based company announced Wednesday it has acquired Louisiana’s 1st Choice Auto Auction. “The acquisition of Louisiana's 1st Choice is another example of us executing our […] [Read More]