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Dave Cantin Group shakes up leadership team to ‘staff up’ for ‘milestone’ 2025
Tuesday, Jan. 28, 2025, 03:04 PM
Auto Remarketing Staff
Dave Cantin Group has made significant changes to its leadership team as part of an ambitious growth strategy in preparation for what it called “a milestone year” in 2025. The dealership merger and acquisition advisory firm has promoted Brian Traugott to chief of staff for president and CEO Dave Cantin and chief business and strategy […] [Read More]
Dyer takes the helm for Merchants Fleet
Tuesday, Jan. 28, 2025, 02:59 PM
Auto Remarketing Staff
Merchants Fleet has a new captain. The fleet management company has named Matt Dyer as its CEO, saying he brings decades of industry leadership and expertise to the role. “Matt is an exceptional leader with deep fleet expertise and a proven track record of driving transformative change,” interim co-CEO Brad Burgess said. “His bold vision, […] [Read More]
Used-car retail prices get some relief, but supply challenges persist
Tuesday, Jan. 28, 2025, 02:58 PM
Joe Overby, Senior Editor
Retail used-car shoppers may want to strike while the iron’s hot.
(And the metal is relatively inexpensive to move).
Especially considering what could be on the horizon in the wholesale used-car market ... [Read More]
PODCAST: Technology dealers need for operational excellence
Tuesday, Jan. 28, 2025, 01:53 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Julie Lawton, who is vice president of sales with ACERTUS. Lawton offered several suggestions for technology dealers need for operational excellence. Listen to the episode in the window below and stay tuned […] [Read More]
PODCAST: How to drive dealership success in the digital era
Tuesday, Jan. 28, 2025, 12:50 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Aaron Hancock, who is the director of product management for automotive at LeadVenture. Hancock shared a variety of recommendations for dealerships to thrive as more processes and consumer preferences become digital. Listen […] [Read More]
Used-vehicle financing reflects the state of the stretched consumer
Tuesday, Jan. 28, 2025, 10:49 AM
Daryl Lubinsky, Correspondent
Andrew Lemoine expects to see increased digitization as a trend in auto finance, as consumers are “demanding a lot more seamless online buying experiences.”
Consumers want that seamless experience in the overall vehicle purchase transaction, and Lemoine, who is founder and CEO of autocorp.ai, said that includes the financing portion. Autocorp.ai provides tools to allow dealerships to sell cars and engage with consumers online.
“When it comes to things like pre-approvals and taking the finance deal further in a digital format, I think we can expect to see ... [Read More]
US Court of Appeals vacates CARS Rule
Tuesday, Jan. 28, 2025, 09:29 AM
Nick Zulovich, Senior Editor
The National Automobile Dealers Association could claim victory by still hosting NADA Show 2025 last week in New Orleans, despite the biggest snowstorm in more than 100 years hitting the city just days before the expo hall doors opened. Then late on Monday, NADA had another claim to victory in the Big Easy: the U.S. […] [Read More]
PODCAST: OPENLANE’s Forrest Dougan on data science, EVs, wholesale sales & more
Monday, Jan. 27, 2025, 04:10 PM
Auto Remarketing Staff
OPENLANE senior director of business intelligence Forrest Dougan joined the Auto Remarketing Podcast to discuss the analytics and data science side of wholesale automotive. Dougan talks with Cherokee Media Group senior editor Joe Overby about where wholesale prices and sales volumes are heading, trends within the various consignor segments, the impact of lower off-lease volumes, […] [Read More]
CARFAX adds a new 5X recognition to its Top-Rated Dealers Awards
Monday, Jan. 27, 2025, 03:37 PM
Auto Remarketing Staff
Once again, CARFAX has selected the dealers on its platform deemed best by their customers. This time, though, they’ve added an extra twist, highlighting dealers who have remained on top. The sixth annual CARFAX Top-Rated Dealers Awards were chosen this past weekend in conjunction with the NADA Show in New Orleans, recognizing dealerships earning the […] [Read More]
Dealer news: Sky doubles its Iowa stores; real estate investor enters auto retail
Monday, Jan. 27, 2025, 01:58 PM
Auto Remarketing Staff
A small dealership group doubled in size with the acquisition of two stores in Iowa. Alex Tovstanovsky and his mother, Yelena, of Sky Auto Mall have purchased Van Horn Ford and Van Horn Chevrolet in Newhall, Iowa from Van Horn Automotive Group, according to Performance Brokerage Services, which brokered the transaction. The Tovstanovskys immigrated to […] [Read More]
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