Sale day certainly can be exciting when hundreds of units go over the block. But that enthusiasm can quickly dissipate when vehicles to your store and a shop manager does a rundown of how much reconditioning they need to be front-line ready. That’s the common scenario Black Book summarized in its latest installment of Market […] [Read More]

Reynolds and Reynolds has named its long-time executive Dave Bates to the new position of vice president of customer relations and chief customer ambassador. Chief executive officer Tommy Barras said the move will help the company better understand the challenges that Reynolds customers face coming out of the pandemic. Throughout his 38-year career at Reynolds — which […] [Read More]

Look for used-vehicle sales this month to slow from March but beat year-ago figures significantly. That’s according to TrueCar, which is forecasting 3.4 million used sales for April. That monthly sum would be 6% softer than March, but mark a 58% increase from April 2020, which was the first full month of the COVID-19 pandemic. […] [Read More]

Dealerships often face the challenge of their potential buyers bringing a sizeable amount of negative equity with them via their trade, creating a hurdle to get a deal bought within their network of finance companies. Times have changed tremendously, based on the newest information Edmunds shared on Tuesday. According to Edmunds data, the average value […] [Read More]

PureCars announced last week that it has been certified as a Kia Canada Digital Advertising Partner, representing its first OEM partnership in Canada and 17th OEM certification overall. Through the partnership, Kia Canada dealers will be provided with PureCars’ Pro Dealer Package, which gives them the ability to “execute as many or as few digital […] [Read More]

Continuing what it describes as a rapid expansion, CarLotz said it will soon open its first California hub. The move will be CarLotz’s first expansion into California, which CarLotz co-founder and chief executive officer Michael Bor described as “one of the nation’s most diverse, inclusive and dynamic states.” CarLotz, a consignment-to-retail used vehicle marketplace, said it […] [Read More]

Zipcar is adding nearly 50 Zipcar vehicles to designated on-street parking spots across the City of Brotherly Love, as it builds on its partnership with the City of Philadelphia and the Philadelphia Parking Authority. This expansion supports the goals of the new Philadelphia Transit Plan, which include reducing reliance on personal vehicles and increasing access […] [Read More]

ACERTUS appointed Jen Cole and Eash Sundaram to its board of directors, with the company’s chief executive officer saying they bring extensive technology, automotive, logistics and supply chain experience. The addition of Cole and Sundaram to its board can help ACERTUS expand technology and e-commerce services driving its marketplace strategy, said the company, which is […] [Read More]

Quantum5, a company that provides a "social advocacy learning platform" to provide training on the people skills and behavioral strategies that the digital environment demands, said Monday it has hired fixed ops specialist Dave Foy and is acquiring his Fixed Ops Mastermind and Vision and Values Coaching brands. Foy’s 30-plus years in the industry includes time […] [Read More]

In a key complement to our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing is proud to celebrate our third annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we specifically recognize leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. The honorees for 2021, listed […] [Read More]