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Montreal-based Holand acquires Romania’s only Ferrari dealership
Wednesday, Jan. 22, 2025, 11:54 AM
Auto Remarketing Canada Staff
Holand Automotive Group is headed for Europe — with forza. The Montreal-based luxury dealership group has acquired Forza Rossa, Romania’s only Ferrari dealership, located in that nation’s capital of Bucharest. The acquisition is the first venture into the European market for Holand, which also operates 10 locations in Quebec and four in the U.S., representing […] [Read More]
3 primary F&I offerings on deck from JM&A Group at NADA Show 2025
Wednesday, Jan. 22, 2025, 11:23 AM
SubPrime Auto Finance News Staff
While the attendees are gradually navigating to snow-covered New Orleans for NADA Show 2025, JM&A Group is also gearing up to roll out a variety of training and services aimed at enhancing a dealer’s F&I business. Among the planned activities are: —JM&A’s relaunched performance development services spotlights the company’s goal of enhancing dealership performance and […] [Read More]
StoneEagle & ConnexPay partner to boost efficiencies for third-party product providers
Wednesday, Jan. 22, 2025, 11:20 AM
SubPrime Auto Finance News Staff
StoneEagle on Tuesday announced a strategic partnership with ConnexPay and the launch of integrated payments with StoneEagle’s administration F&I solutions. By prioritizing security and compliance, StoneEagle highlighted that ConnexPay can ensure financial data is protected with advanced encryption while adhering to industry regulations and creating long-term value for customers. “As a leader in innovation within […] [Read More]
Autotrader to add battery health scores to EV listings
Tuesday, Jan. 21, 2025, 05:02 PM
Auto Remarketing Staff
The most important information an electric vehicle buyer can have is the condition of its battery. So Autotrader is bringing that information to its EV listings. The Cox Automotive brand announced it will make EV battery health scores available on its used electric vehicle listings, aiming to give shoppers “a fuller picture” of the battery’s […] [Read More]
Dealer news: Bohn family makes its exit; Van Tuyl goes for 2 in Colorado
Tuesday, Jan. 21, 2025, 02:36 PM
Auto Remarketing Staff
After 100 years, the Bohn family is out of the car dealership business. Bohn Brothers Automotive Group sold its last dealership, Toyota of Slidell in Slidell, La., to Tennessee-based Carlock Automotive this week, according to Kerrigan Advisors, which represented the seller in the transaction. The sale marked the end for Bohn Brothers, which had been […] [Read More]
New leader at flagship among flurry of GM changes at Manheim auctions
Tuesday, Jan. 21, 2025, 02:32 PM
Auto Remarketing Staff
As Manheim begins its 80th anniversary year, the company’s first and largest auction will have new leadership. Joey Hughes, who has led Manheim Pennsylvania — Manheim’s flagship location, which claims the title of world’s largest wholesale auto auction — since 2016, has been promoted to regional vice president for the East Region, overseeing more than […] [Read More]
PODCAST: 5 leaders on auto auction buy-sell market
Tuesday, Jan. 21, 2025, 02:28 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion exploring the auto auction buy-sell market. Led by Cherokee Media Group’s Joe Overby, the group of experts sharing an array of perspectives on the topic included: —Tom Stewart of Auction Management Solutions —John […] [Read More]
PODCAST: The great EV debate & plotting a path to 2030
Tuesday, Jan. 21, 2025, 02:28 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a lively debate about the future of electric vehicles. Moderated by Cherokee Media Group’s Joe Overby, the opposing points of view on EVs came from Steve Greenfield of Automotive Ventures and Scott Case of Recurrent. Listen […] [Read More]
Short supply of used cars a big issue in otherwise rosy 2025 outlook
Tuesday, Jan. 21, 2025, 12:28 PM
Andrew Friedlander, Associate Editor
The arrows are pointing up for almost all aspects of the auto retail industry in 2025 – with one notable exception.
The supply of used vehicles.
In Cox Automotive’s recent 2025 forecast call with industry media and analysts, chief economist Jonathan Smoke painted a rosy picture for what’s ahead. His analysis of economic conditions showed green lights for the overall economy, consumers’ buying ability and auto finance, and no red lights. Interest rates are down and likely to be cut again at least twice this year, providing a little relief from affordability concerns. And car shoppers, who had been ... [Read More]
PODCAST: Avoiding the ‘silent killer’ of used-car sales
Tuesday, Jan. 21, 2025, 10:33 AM
BHPH Report Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Terry MacCauley, who is founder and CEO of Big Time Advertising & Marketing. MacCauley explained why broken, delayed or poorly optimized vehicle feeds could be silently costing you sales and stalling your […] [Read More]
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