Automotive dealership brokerage firm, Performance Brokerage Services announced the sale of Pat Peck Kia from Group 1 Automotive to Ryan Mayer of Tameron Automotive. Pat Peck Kia will remain at its current location at 10611 Boney Ave. in D’Iberville, Miss. George Chaconas, adviser for the transaction and the Southeast partner for Performance Brokerage Services said […] [Read More]

The last time that LotLinx chief executive officer Len Short joined the Auto Remarketing Podcast was late April 2020, right in the onset of the pandemic and amid the auto industry's trough.  The market has certainly done a 180 since then. Short is back on the show this week to discuss how auto retail has changed in the last […] [Read More]

AutoNation said the J.D. Power Dealer of Excellence Program, which recognizes U.S. retail dealerships that provide a strong customer sales experience, certified 78 of the retailer's stores for 2021. AutoNation president and chief operating officer Jim Bender described the certification as an outstanding accomplishment for the company’s teams, noting that 54 of the company’s stores […] [Read More]

 vAuto has incorporated a 360-degree spin image capturing application allowing dealerships to take photos and videos of a vehicle’s interior and exterior. vAuto said the application, called SnapLot 360, creates dynamic listing content for online car buyers. The application includes features that vAuto says can provide a more immersive shopping experience for customers. Those include […] [Read More]

ADESA has launched “Off-Lease Exclusive” on ADESA.com, with new filtering and search functionality. With that functionality, dealers gain one-click access to approximately 80% of North America’s off-lease inventory days before it is available through any other auction, according to ADESA. The company said buyers can look for the new teal-colored “star tag” icon on all […] [Read More]

Almost a year ago, Lotpop founder Jasen Rice said in an episode of the Auto Remarketing Podcast that the certified pre-owned segment could emerge as the post-pandemic “winner” in automotive. While COVID-19 is certainly not over, there is a light at the end of the tunnel. And Rice’s CPO prediction appears to be ringing true, […] [Read More]

Thousands of individuals are getting their COVID-19 vaccinations daily, and business activities are gradually getting back toward what they were previously. However, for auto finance companies, there still is not a single anecdote to cure all of their risk, making mitigation of it all the more important. Rick Vanko, product manager for iLien Motor Vehicle […] [Read More]

TransUnion discovered another way this pestering pandemic influenced consumer behavior when it comes to individual’s auto financing. On Wednesday, TransUnion released findings of a payment hierarchy study focusing on the three most popular credit products in the U.S. — auto financing, credit cards and mortgages. TransUnion indicated approximately 27.8 million consumers held balances within all […] [Read More]

Seven sports cars and luxury sport sedans make iSeeCars’ list of the fastest-selling used vehicles for March. The pandemic played a role in the sales success for those vehicles. “High-performance vehicles have been popular during the pandemic to combat boredom and bring joy,” iSeeCars executive analyst Karl Brauer said in a news release. Those seven […] [Read More]

A trio of executives from ParkMyFleet join the Auto Remarketing Podcast to talk about the company's background, the growing fleet services space, implications for the remarketing business and their partnership with ACV Auctions. In an effort to grow its commercial and rental business models and increase services for dealerships, ACV announced a partnership this winter […] [Read More]