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Houston’s Buy Your Car aims to help ease vehicle shortage pains for dealers
Friday, Sep. 17, 2021, 09:56 PM
Auto Remarketing Staff
Buy Your Car has launched in North Houston, Texas. The online service allows customers to sell their vehicles online, and aims to help provide more quality used inventory for dealers. A consumer can submit a VIN or license plate number, current photos and answer a series of questions, and they will receive an offer for their […] [Read More]
Donlen joins Climate Group’s EV100 coalition
Friday, Sep. 17, 2021, 09:45 PM
Auto Remarketing Staff
Fleet management company Donlen announced that it has joined the Climate Group's EV100 in an effort to push electric transportation to the forefront of mobility. The EV100 is described as a team of companies committed to "shaping the market for EVs by building demand and establishing electro-mobility as a mainstream transport solution." To join the coalition […] [Read More]
Black Automotive Media Group launches internship initiative for HBCU Students
Friday, Sep. 17, 2021, 09:21 PM
Auto Remarketing Staff
Black Automotive Media Group recently played a key role in launching an intiative that resulted in launching automotive media internships for North Carolina Central University and Clark University students. The program behind these internships — "Driving Force" — will work to offer multi-media career development to undergraduates at historically black colleges and universities (HBCU). The program will also […] [Read More]
XLerate buys another auction, this time in home state
Friday, Sep. 17, 2021, 03:21 PM
Auto Remarketing Staff
The XLerate Group has made its third acquisition in just over two months. The company said Friday it has purchased Clark County Auto Auction. The Jeffersonville, Ind., auction becomes the 15th auction brand in the XLerate family and the first in the group’s home state of Indiana. XLerate, which is headquartered in the Indianapolis suburb […] [Read More]
Alternative-fuel vehicles top list of fastest-selling used-car models
Friday, Sep. 17, 2021, 02:04 PM
Auto Remarketing Staff
The average used vehicle sold at a modestly more brisk clip in August (34.6 days to sell) than it did in July (35.4 days), according to a recent analysis from iSeeCars.com. And the fastest-selling used vehicle last month sold twice as quickly as that. For the third month in a row, the Tesla Model 3 had […] [Read More]
Porsche, Dodge & GM tops for JD Power 2021 APEAL Study
Thursday, Sep. 16, 2021, 10:32 PM
Auto Remarketing Staff
This year's J.D. Power APEAL (automotive performance, execution and layout) Study results put Porsche ranking highest among the premium brands, Dodge on top for mass market brands, and General Motors taking home the most vehicle segment-level awards. The study showed the "new vehicles are more appealing than ever" with some very successful launches for 2021. […] [Read More]
GoMoto secures a US patent for its service kiosks
Thursday, Sep. 16, 2021, 10:18 PM
Auto Remarketing Staff
GoMoto said this week it has recently completed the extensive process of securing a U.S. patent for its service kiosks. And the company has been working hard to make its GoMoto Service Kiosk key retrieval system — which works to provide a safe, secure exchange of vehicle keys — more efficient and convenient for both dealers and customers. “Gone are […] [Read More]
New Jersey’s World Auto Group adds 10th dealership to lineup
Thursday, Sep. 16, 2021, 09:45 PM
Auto Remarketing Staff
Adding its 10th dealership to its New Jersey lineup, World Auto Group has purchased the Subaru dealership in Hackettstown, N.J., on Route 46. The dealer group said the store will now operate as Subaru World of Hackettstown. This news comes less than a year after purchasing New Jersey's Audi Newton dealership. The new dealership (Subaru World […] [Read More]
Copart adds venture capital executive to board of directors
Thursday, Sep. 16, 2021, 09:27 PM
Auto Remarketing Staff
Online auto auction company Copart has added a new member to its board of directors this month. Chosen for the position is Carl Sparks, a managing partner with Dallas-based venture capital firm Interlock Partners. His company, Copart shared, is focused on early-stage "transformative" technology companies. Sparks also brings past experience serving as a public company […] [Read More]
CARFAX: Hurricane Ida could have damaged 212K vehicles
Thursday, Sep. 16, 2021, 07:54 PM
Auto Remarketing Staff
With inspection experts already cautioning dealers because of inventory being so difficult to get, CARFAX shared even more data about how many vehicles potentially have been damaged in the wake of Hurricane Ida and other intense storms across the United States in recent weeks. CARFAX said on Thursday that widespread flooding from Hurricane Ida — […] [Read More]
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