Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
Read More
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Retail
Dealer group news: Florida-based retailers expand in Southern capitals
Like the Gamecock at Williams-Brice Stadium, Holler-Classic Family of Dealerships rightfully has something to crow about. Announcing an expansion to the South Carolina capital, Holler-Classic has purchased four stores in the Columbia, S.C. area. The central Florida-based dealer group announced ... [Read More]
Penske’s used-car sales climb 4% in Q2, used revenues up more than 9%
Auto Remarketing continues its reporting on the second quarter used-vehicle results of the six publicly traded dealer groups. Next up is Penske Automotive Group, where a take-private bid has made headlines in recent days. But as far as the Q2 ... [Read More]
Wholesale
Lane watch: Fundamental forces of retailing & wholesaling come closer as July winds down
What a potential buyer is looking for on the dealership lot or website is noticeably aligned with what buyers in the lanes are searching for at the auction. The ongoing scenario might be really that simple, based on analysis included ... [Read More]
‘The Auto Auction Issue’ returns in September
One of the celebrated annual issues of Auto Remarketing returns in September. “The Auto Auction Issue: In-Lane and Online” will showcase the wholesale vehicle ecosystem through in-depth features, photo spreads from auto auctions, market insights, a guide to commercial consignors ... [Read More]
Technology
Morgan Stanley Expansion Capital leads recapitalization of Conversica, acquires majority stake
Morgan Stanley Expansion Capital has acquired a majority stake in Conversica after leading a major recapitalization of the company, which is an artificial intelligence platform for auto retail. Conversica’s management team has retained a “significant ownership position” and will continue ... [Read More]
Response to FTC demands about vehicle pricing among new capabilities of Dealer Digital Intelligence from DAS Technology
Add DAS Technology to the list of service providers that have revamped their offerings in part because of a crackdown on vehicle pricing orchestrated by the Federal Trade Commission. The company on Thursday highlighted a segment of the newly launched ... [Read More]
Analysis
‘Used cars aren’t cheap,’ but pricing pressure eases
Like NASA’s Artemis II mission in April, retail used-car prices rocketed into orbit this spring. And slowly but surely, “they’ve come back to down to earth.” Just not at astronomical speeds, says CARFAX, known for its history reports on more ... [Read More]
Market shifts to used vehicles as ‘affordable alternative,’ with strongest days-to-sell in nearly 3 years
Record new-car prices, says Catalyst IQ, have led to greater consumer emphasis on “affordability, fuel-efficiency and value.” And that includes stronger demand for used cars, which hit their quickest turn times in nearly three years, the automotive analytics and marketing ... [Read More]
Digital Edition Ad
Offerings
