Search Results
Strongest January for auction sales volumes in 5 years
Tuesday, Feb. 11, 2025, 04:49 PM
Joe Overby, Senior Editor
It’s likely to be a more moderate and steady year overall, but what a start to 2025 for wholesale auction sales volume. Last month marked the strongest January for auction sales in five years, according to the latest AuctionNet data and analysis from the National Auto Auction Association, and growth was especially noticeable for late-model […] [Read More]
Collision Engineering Career Alliance launches to help meet demand for techs
Tuesday, Feb. 11, 2025, 04:18 PM
Auto Remarketing Staff
With automotive technicians in high demand, a new nonprofit organization aims to help meet that need through industry-driven education. The Collision Engineering Career Alliance launched this month, bringing together partners from industry and education to help address the demand for highly skilled collision repair technicians nationwide. The alliance grew out of a collision engineering program […] [Read More]
PODCAST: Navigating used-car market volatility with data & solutions
Tuesday, Feb. 11, 2025, 03:50 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on the data and fintech solutions designed to make it easier to navigate through the volatility in the used-car market. The conversation featured Brian Donnelly of Autotech Ventures, Paul Fortin of Exponential Markets […] [Read More]
PODCAST: Why venture capital and investment funding like automotive so much
Tuesday, Feb. 11, 2025, 03:49 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on investment funding coming into automotive and what venture capitalists think of the industry. The conversation featured Steve Greenfield of Automotive Ventures, Mark Norman of FM Capital, Quin Garcia of Autotech Ventures and […] [Read More]
Repair OnDemand’s BlueDriver MAX diagnostic tool integrates with vAuto
Tuesday, Feb. 11, 2025, 03:47 PM
Auto Remarketing Staff
Repair OnDemand’s top diagnostic tool will now be available to dealers through Cox Automotive’s popular inventory management platform, thanks to a new partnership. Repair OnDemand’s BlueDriver MAX is now integrated into vAuto’s trade-in appraisal system, a collaboration designed to give dealerships access to real-time diagnostic data on trade-in vehicles for more accurate appraisals and reduced […] [Read More]
Carvana’s latest ADESA Megasite will be back home in Indiana
Tuesday, Feb. 11, 2025, 02:47 PM
Auto Remarketing Staff
Carvana’s next Megasite will be right in its backyard. Well, one of its backyards, anyway. In keeping with its one-a-month addition of combined auction/reconditioning centers, the online used-car retailer announced Tuesday that ADESA Indianapolis will be the site of its newest Megasite. The site in Plainfield, Ind., is a relative stone’s throw from ADESA’s headquarters […] [Read More]
Dealer Profit Pros wants to help you gain industry benchmarks & more
Tuesday, Feb. 11, 2025, 12:02 PM
BHPH Report Staff
Dealer Profit Pros is looking to gain insight into several retailing metrics and is offering the possibility of dealer survey participants getting two nights at a Las Vegas resort and a round of golf. The advertising advisory firm is seeking information to compile benchmarks about topics such as what percentage of your store sales are […] [Read More]
Uncertainty rules outlook for Canada’s 2025 retail used-car market
Tuesday, Feb. 11, 2025, 10:34 AM
Alysha Webb, Correspondent
There’s some disagreement about the forecast for Canada’s retail used market in 2025. But analysts agree on one thing: it’s hard to know exactly what retail used-car demand and pricing is going to look like this year. “Assuming there are no changes in the market we expect to see a growth in the used-car market […] [Read More]
Reynolds-Kimoby partnership adds French to Quebec dealers’ payment system
Tuesday, Feb. 11, 2025, 10:18 AM
Auto Remarketing Canada Staff
Dealership software provider Reynolds and Reynolds is collaborating with Kimoby, to help Quebec dealers collect payments efficiently. The partnership gives Reynolds’ dealership customers in Quebec access to Kimoby Pay, an electronic payment processing system that can be used in store or online and includes the ability to satisfy payments for service invoicing in French. “We’re […] [Read More]
Significant shakeups at CFPB & FTC continue
Tuesday, Feb. 11, 2025, 09:35 AM
Nick Zulovich, Senior Editor
It’s been a whirlwind at two of the largest federal regulators who oversee auto financing and retailing during the past couple of days. While three critical appointments have been made at the Federal Trade Commission, the head of the Office of Management and Budget and the acting director of Consumer Financial Protection Bureau wants to […] [Read More]
X