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IAA set to welcome new executive vice president & CFO
Tuesday, Aug. 24, 2021, 05:51 PM
Auto Remarketing Staff
When another month starts next week, IAA will have a new executive vice president and chief financial officer. IAA announced on Tuesday that Susan Healy will join the company on Sept. 1 to serve in those roles. According to a news release, Healy will succeed Vance Johnston, who is leaving IAA to pursue other opportunities. […] [Read More]
Lithia & Driveway add California Honda store
Tuesday, Aug. 24, 2021, 05:43 PM
Auto Remarketing Staff
The retail footprint of Lithia & Driveway just keeps growing. On Tuesday, the company announced the acquisition of Rock Honda, a Top 20 Honda New Volume Dealer in the U.S. The company highlighted the purchase of this high-performing Honda dealership in the Inland Empire continues its “fast-paced growth trajectory” and expands the reach of its […] [Read More]
KEYper Systems & TrueSpot integrate to track vehicles & more
Tuesday, Aug. 24, 2021, 05:40 PM
Auto Remarketing Staff
Imagine that you have a potential buyer in your showroom quite eager to test drive a vehicle that’s been sitting in your inventory for too long. But then you can’t find the keys. KEYper Systems and TrueSpot now are working together to prevent that hypothetical scenario from happening. KEYper Systems, a leading provider of electronic […] [Read More]
NIADA notes: Convention begins with Manheim helping charity & new corporate partner joining association
Tuesday, Aug. 24, 2021, 05:38 PM
BHPH Report Staff
Along with Manheim getting involved to benefit the NIADA Foundation, independent dealers from across the nation are excited to reconnect with their peers during the National Independent Automobile Dealers Association Convention and Expo that is live and in person once again for the first time in more than two years. Pierrot Abiramia and Andreia Elmasri […] [Read More]
Santander Consumer USA to become private through $12.7B stock deal
Tuesday, Aug. 24, 2021, 02:49 PM
SubPrime Auto Finance News Staff
The days of Santander Consumer USA Holdings (SC) as a publicly traded subprime auto finance company are numbered. SC revealed just before the Fourth of July that it had received a non-binding proposal from its majority shareholder — Santander Holdings USA (SHUSA) — to acquire all of the outstanding common shares of SC that are […] [Read More]
TEDA International Auto Group set to launch online retailing platform inspired by Carvana
Tuesday, Aug. 24, 2021, 02:21 PM
Auto Remarketing Canada Staff
The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational, specialty automotive group bringing years of experience to global automotive trading — announced the formation of its […] [Read More]
ADP Canada spots significant employment improves in June & July
Tuesday, Aug. 24, 2021, 02:15 PM
Auto Remarketing Canada Staff
Not only did the job scene improve in July, experts determined the Canadian employment picture didn’t deteriorate as bad in June as initially indicated. Employment in Canada increased by 221,300 jobs from June to July, according to the July ADP Canada National Employment Report. Meanwhile, experts also said the June jobs data was revised. Instead […] [Read More]
Autotrader lists 2021 Best New Cars for Dog Lovers
Monday, Aug. 23, 2021, 04:14 PM
Auto Remarketing Staff
Dealership sales personnel often can be challenged to find the right family vehicle — especially when some family members have four legs and fur because dog-loving drivers often bring their sidekicks along on adventures. To help stores that have customers with canines to consider, Autotrader is celebrating National Dog Day, which is Thursday, For the […] [Read More]
5 components of CDK ServiceView powered by TruVideo
Monday, Aug. 23, 2021, 04:12 PM
Auto Remarketing Staff
Now the service department advisor or repair technician literally can use new technology and say to your dealership customers, “Here, let me show you!” On Monday, CDK Global introduced CDK ServiceView, a video and communications tool powered by TruVideo, for dealership service departments using CDK Service and Elead Service. The company highlighted that this tool is […] [Read More]
PODCAST: Fair CEO explains new model, pivot away from subscriptions
Monday, Aug. 23, 2021, 03:28 PM
Auto Remarketing Staff
Digital automotive platform Fair is shifting away from vehicle subscriptions and is relaunching with a new model in 2022. What will this pivot entail? Fair chief executive officer Brad Stewart joined the Auto Remarketing Podcast to explain. Stewart became CEO of Fair in May 2020, taking over for then- interim CEO Adam Hieber, who taken […] [Read More]
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