Brian Kramer said the dealership service drive “is like an oil reserve of valuable inventory.” During his keynote presentation at this spring’s Auto Intel Summit, now available in this episode of the Auto Remarketing Podcast, the executive vice president at Cars Commerce and general manager of AccuTrade shared recommendations for how managers can tap into […] [Read More]

Chris Vester wants fellow dealers to gain emotional intelligence — not just retail and service cars. In this episode of the Auto Remarketing Podcast, listen to a lunchtime conversation, presented by Vitu, from this spring’s Auto Intel Summit with the co-CEO of the Hubert Vester Automotive Group. Vester recapped his path to gaining emotional intelligence […] [Read More]

Tim Ranney is getting back into the credit-reporting business this spring. Ranney — who previously owned Clarity Services, which was purchased by Experian in 2018 — is launching Congruit Credit, an emerging national consumer credit reporting agency positioned to usher in a “new era” of credit reporting and monitoring solutions. With a mission to modernize […] [Read More]

Euro Auctions Group has acquired North Toronto Auction in what the company called a strategic move to strengthen its position in the Canadian marketplace. The 17-acre auction in Innisfil, Ontario, is Euro Auctions’ fifth auction site in Canada. The Northern Ireland-based company, which bills itself as the world’s largest privately-owned auction house, operates 15 locations […] [Read More]

Canadian dealership groups OpenRoad Auto, Go Auto and HGreg were honored this week for their business success. OpenRoad and Go Auto again earned recognition among Deloitte’s 2025 Canada’s Best Managed Companies, a program that celebrates excellence in private Canadian-owned companies with revenues of $50 million or more. Both companies are members of the program’s Platinum […] [Read More]

Merging Compliance Unleashed and BHPH United together paid off for organizers and to the benefit of what they said was record-setting attendance of dealerships and other industry professionals. Nearly 500 attendees gathered at Caesars Palace in Las Vegas last month for the BHPH United Summit, which included three days of hands-on learning, networking, and real-world, […] [Read More]

As dealers face rising complexity in inventory management, pricing, and profitability, especially with the 25% tariff on imported vehicles, machine-driven technologies are stepping in as vital tools — not just to handle data, but to make better, faster business decisions. From fluctuating vehicle values and evolving consumer trends to aging inventory and regional market differences, […] [Read More]

In what economists said was “universally expected,” the Federal Reserve left the federal funds target rate unchanged on Wednesday. The Federal Open Market Committee (FOMC) kept that rate at a range of 4.25% to 4.50% and reiterated a deliberate approach to potentially making any changes later this year amid tariffs and other market turmoil. But […] [Read More]

AutoTrader shoots … and scores! In its 50th birthday year, Canada’s largest car-shopping platform has hit the back of the net with its first professional sports league partnership, joining the National Hockey League in a multiyear Canadian deal that names AutoTrader the official pre-owned automotive marketplace of the NHL. “As AutoTrader celebrates 50 years as […] [Read More]

Tariffs are here. Already high new-car prices are likely to continue climbing and what’s going to happen to sales going forward is anybody’s guess. Is Roger Penske worried? Not a bit. In the first three months of 2025 ... [Read More]