DealerOn is now a provider in the Lincoln Website Solution program, and DealerOn will now help equip Lincoln dealers with DealerOn's digital marketing technology to showcase the line of Lincoln automobiles at Lincoln dealerships. FordDirect selected DealerOn, which will be the second provider in the Lincoln Website Solution program. Lincoln dealers can now choose DealerOn’s […] [Read More]

If your service drive is getting pretty busy nowadays — and not just with completing reconditioning for your used inventory — new data compiled and shared by the Auto Care Association is perhaps a reason why. According to data gathered by Auto Care Association director of market intelligence Mike Chung, vehicle miles traveled (VMT) for […] [Read More]

Used-car operations continue to be a strong suit for the publicly traded dealer groups, including some who plan to add to thriving standalone pre-owned store programs. In this story, we recap the highlights from what the public retailers said of their used-car activities in the first quarter.  At Sonic Automotive, its EchoPark Automotive standalone pre-owned […] [Read More]

Credit Acceptance Corp. made two major announcements on Thursday afternoon; one involving top company leadership and the other in connection with a multi-million-dollar settlement with a state attorney general. First, the finance company that specializes in subprime paper said that Brett Roberts, Credit Acceptance’s chief executive officer and president and a member of the company’s […] [Read More]

RouteOne senior vice president of business development Jeff Belanger stopped by for a conversation, reflecting on how technology helped the industry navigate the pandemic. And in this episode of the Auto Remarketing Podcast, Belanger also discussed how the pandemic potentially accelerated some permanent changes in how vehicles are financed and retailed. To listen to this […] [Read More]

Vroom has added two members to its board of directors, both with extensive backgrounds in the financial industry.  The new members are Paula Pretlow and Frederick Terrell, and Vroom chief executive officer, Paul Hennessy describes them as “two highly qualified executives with notable leadership experience at some of the world’s largest financial institutions.” Pretlow is […] [Read More]

Lithia Motors & Driveway continues its expansion path, this time adding more muscle in the Northeast. The retailer announced Tuesday it has acquired Planet Honda in Union, N.J., a store expected to bring in $230 million in annual revenues. “We are excited to welcome Bill Feinstein and his dedicated team to the Lithia and Driveway […] [Read More]

Black Book has integrated its data into 360 AUTO, which provides tools, technology, and guidance to help auto dealers increase dealership lot visits and sales. Black Book data and analytics will integrate with 360 AUTO’s AutoRetail product. That digital retailing tool integrates into dealers’ websites to drive business into their retail location to help sales […] [Read More]

Brodie Cobb, the founder and chief executive officer of The Presidio Group, joins the Auto Remarketing Podcast to discuss why the dealership buy-sell market has been so hot over the last six to nine months. Cobb also addresses the potential for buyers coming in from outside the industry and much more. Plus, he explains what made […] [Read More]

Dealers Auto Auction will add a new auction in Columbia, S.C., marking its first location in the Carolinas, and Matt Laughridge will serve as the auction’s general manager. The new Dealers Auto Auction of Columbia will be the eighth auction for the group. Laughridge started in the auction business in 1999 with Manheim, and he […] [Read More]