After hitting a high in March, wholesale vehicle values in Canada have now fallen sequentially for three straight months, and the year-over-year growth — while still in double-digit percentages — has moderated. Still, used-car prices remain “extremely high,” as Canadian Black Book illustrates in a report around its Used Vehicle Retention Index for June. The index, released […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Auto Remarketing is recognizing the 2022 Women in Retail honorees in the current issue of the magazine and at Used Car Week this fall in San Diego.  With these awards, we specifically recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors Over the next few weeks, AR will be posting Q&As with […] [Read More]

Down, but not out. That’s one consensus from two reports in the past week from Cox Automotive examining the general state of affairs in the used-car market. The pace of used-car sales last month improved from May, but thanks to high interest rates, fuel costs and price tags, actual sales volumes are … [Read More]

On Wednesday, ACV officially launched its two newest technology pieces with at least one dealer group raving about the capabilities. The digital automotive marketplace and data services partner for dealers and commercial partners rolled out what it’s calling ACV’s Smart Acquisition Manager (S.A.M.), which is designed to deliver two new innovative ways to engage with […] [Read More]

This week, S&P Global Mobility launched its certified Polk data partner program, recognizing preferred marketing partners that successfully leverage Polk Automotive Solutions products across a high volume of advertising campaigns for large auto dealer groups. According to a news release, the first three data marketers to be named into the partner program include CF Search […] [Read More]

Ignite Consulting Partners directed one of its recent tips of the week at collection departments and their staff. When touching on third parties and references, Ignite asked the question many collectors might, too. “What can you say and not say?” Firm experts responded to that question by stating, “Don’t be a victim of bad habits […] [Read More]

Many consumers not only want a digital path to secure auto financing, they also want streamlined technology to make payments, too. To help, Inovatec Systems announced this week it is partnering with VoPay to integrate payment processing capabilities into the Inovatec LOS and LMS platform. As a result of this relationship, the cloud-based software solutions […] [Read More]

A new TransUnion study conducted in collaboration with S&P Global Mobility determined the registered electric vehicle market share is expected to grow from 5% at the end of 2021 to approximately 40% by 2031. Analysts also found that the increasing popularity of such vehicles will have a marked impact on the auto finance industry, as […] [Read More]

Veros Credit said it still is enjoying exponential growth while navigating through today’s challenging macroeconomic landscape. To enrich its footprint in Texas, Veros Credit announced last week that it is slated to open a dealer and customer service center in Irving. With the addition of this new Texas office in its second largest volume state, […] [Read More]