The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational, specialty automotive group bringing years of experience to global automotive trading — announced the formation of its […] [Read More]

Not only did the job scene improve in July, experts determined the Canadian employment picture didn’t deteriorate as bad in June as initially indicated. Employment in Canada increased by 221,300 jobs from June to July, according to the July ADP Canada National Employment Report.  Meanwhile, experts also said the June jobs data was revised. Instead […] [Read More]

Dealership sales personnel often can be challenged to find the right family vehicle — especially when some family members have four legs and fur because dog-loving drivers often bring their sidekicks along on adventures. To help stores that have customers with canines to consider, Autotrader is celebrating National Dog Day, which is Thursday, For the […] [Read More]

Now the service department advisor or repair technician literally can use new technology and say to your dealership customers, “Here, let me show you!” On Monday, CDK Global introduced CDK ServiceView, a video and communications tool powered by TruVideo, for dealership service departments using CDK Service and Elead Service. The company highlighted that this tool is […] [Read More]

Digital automotive platform Fair is shifting away from vehicle subscriptions and is relaunching with a new model in 2022. What will this pivot entail? Fair chief executive officer Brad Stewart joined the Auto Remarketing Podcast to explain.  Stewart became CEO of Fair in May 2020, taking over for then- interim CEO Adam Hieber, who taken […] [Read More]

Constant, a provider of digitized, self-service technologies, recently announced that it has partnered with DirectID, a global credit risk platform, in an effort to transform digital loan servicing and loss mitigation for banks and credit unions. According to a news release, their integrated solution will enable borrowers and contract holders to self-serve for loan management […] [Read More]

Equifax recently made two moves in an effort to make select differentiated data assets more widely available. Equifax announced one offering through AWS Data Exchange through Amazon Web Services (AWS) and another through the Snowflake Data Marketplace. The path through AWS can allow users to find, subscribe and use third-party data in the cloud. This […] [Read More]

Kroll Bond Rating Agency (KBRA) released its auto finance ABS indices for July, as analysts used a description that might make many executives and managers a little more confident about how the entire market is behaving. [Read More]

Fuccillo Automotive Group has sold its Fuccillo Nissan of Clearwater to Morgan Auto Group, according to Kerrigan Advisors, which represented and advised Fuccillo. This is the fifth Florida dealership sold by Kerrigan on behalf of Fuccillo since December 2019. The transaction is the 121st dealership sale that Kerrigan has led since 2015 and its ninth in […] [Read More]

CarLotz said Monday it has opened a hub in the St. Louis area, its third location in the Midwest. It is located at 1807 W Highway 50 in Fairview Heights, Ill. CarLotz’s other two Midwest locations are located in the Chicago area. CarLotz provides omnichannel services in California, Colorado, Florida, Illinois, Missouri, North Carolina, Tennessee, […] [Read More]