Editor's Note: This is a special preview, available only to CMG Premium subscribers, of Auto Remarketing's "Beyond the Transaction" special supplementary issue. The pandemic impacted much of the automotive space, from how vehicles are retailed to the ways consumers are securing financing. What hasn’t changed, however, is the importance of a dealership’s F&I department, a store segment that […] [Read More]

Coinciding with the company saying it has reached record-breaking levels of dealer enrollment on its automated instant wholesale vehicle trade platform, CarOffer appointed one of its existing executives as chief operating officer. According to a news release distributed on Friday, CarOffer made the move effective immediately to install Scott Johnston as COO. In his new […] [Read More]

One of the poignant moments during this week’s Auto Intel Summit happened on Tuesday during a panel discussion featuring representatives from the Auto Intel Council, a private, membership-based organization that includes leading intelligence companies in the automotive space. Executives from DRN, Experian, Market Scan and Wells Fargo recapped their journeys through the pandemic and how […] [Read More]

Put two seemingly identical used vehicles side by side. Just by looking at them, could you tell which one was a better value? Without knowing their histories, probably not. That’s part of the message of a new CARFAX television ad campaign that aims to show “how using accident and damage history can ensure accurate vehicle […] [Read More]

With plans to expand the facility by updating the showroom, adding more service capacity and increasing the display area for new- and used-vehicle inventory, Zeigler Automotive Group announced the acquisition of its 31st dealership this week. Zeigler finalized a deal with Francis and Ralph Mauro of the International Autos Group to purchase International Subaru of […] [Read More]

Byrider chief executive officer Craig Peters and vice president of franchising Chris Hadley stopped by for this episode of the Auto Remarketing Podcast, highlighting not only the company’s successes through the pandemic but also the growth potential through its revamped franchisee program. To hear the conversation, click on the link available below, or visit the Auto Remarketing […] [Read More]

It appears subprime consumers took most advantage of refinancing availability in April provided through RateGenius. Soon after Cox Automotive discussed last month’s credit availability at the time of origination, RateGenius released its monthly Auto Refinance Rate Report, which highlighted that the average overall auto refinance interest rate grew to 6.45% in April The firm noted […] [Read More]

When we first asked car buyers if they would like to buy their next vehicle online, it was late 2019 and only 12% of Canadian used-car buyers were ready to buy entirely online. Since then, the process of buying a vehicle has changed substantially. Dealerships have even found themselves having to operate “by appointment only,” serving […] [Read More]

After launching its first market in Washington earlier this month, Carvana added seven new markets in the state on Wednesday. The online has now added 26 new markets since late April and is on the cusp of having 300 cities in its coverage. Last week, Carvana added two more markets in Louisiana (Shreveport and Monroe) […] [Read More]

Editor's Note: This is a special preview, available only to CMG Premium subscribers, of Auto Remarketing's "Beyond the Transaction" special supplementary issue. Even in a wholesale auto industry that’s increasingly going digital, it’s never really quite as simple as “push a button, buy a car.” Be it at a physical auction, through an online auction or any other […] [Read More]