Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part I of the feature, which looks at reconditioning trends. Stay tuned for Part II, which examines transportation/logistics. Unprecedented trends surfacing during the first half of the […] [Read More]

CarDr.com finalized integrations earlier this summer with CARFAX and Black Book to enhance its smartphone vehicle appraisal app. On Friday, the company that offers a tool that can combine pricing and OEM level on-board diagnostics (OBD) via a Bluetooth connection landed integrations with Manheim Market Report, Kelley Blue Book and AutoCheck. By integrating CarDr.com vehicle appraisal […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part II of the feature.  Beyond the buying and selling of vehicles, the auto auction sale brings folks together.  Not unlike many of the industry events we […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part I of the feature. Stay tuned for Part II. Tricia Heon is no stranger to the auto auction industry, nor is the industry a stranger to […] [Read More]

For the first time this year, S&P Dow Jones Indices and Experian spotted a rise in auto defaults. But the uptick analysts noticed was the smallest amount possible. [Read More]

“Your mom is a used-car salesman.” No, that’s not meant to be a lunchroom jab from your grade-school days. Quite the opposite, in fact. It’s actually just one example of the messaging from CarLotz’s first major brand campaign, which aims to debunk pre-conceived notions about pre-owned and emphasize that “it feels good to be a used-car […] [Read More]

In addition to announcing its first EchoPark Automotive retail hub location in Nevada this week, Sonic Automotive said Thursday that starting Sept. 1, it will increase its minimum employee wage to $15 an hour. The retailer has approximately 8,500 teammates working at its franchised dealerships and EchoPark locations across the country. “Our people are our greatest asset, […] [Read More]

The significant rise in wholesale prices experts have been discussing for much of the year spilled into auto financing. According to Experian’s latest State of the Automotive Finance Market report released on Thursday, analysts spotted notable increases in several categories with used-vehicle financing. [Read More]

Byrider decided to have some fun this summer while helping to bring some enjoyment to children in a trio of areas where the company has buy-here, pay-here dealerships. Byrider recently wrapped up a successful week of volunteer efforts at Boys & Girls Clubs in three of its major markets, as associates in Cleveland, Cincinnati and […] [Read More]

FIX4 Capital wants to help Canadians get the finances they need to keep their vehicles running properly. And Wednesday, the firm secured its own financial resources to do it along with expanded leadership that includes a familiar name from the Canadian wholesale market. The company founded early last year to provide affordable and flexible car […] [Read More]