New-car prices, used inventory shortages drive stability in used-car market
Tuesday, Nov. 5, 2024, 04:01 PM
Lane watch: Waiting for election results to ripple into wholesale & retail
Tuesday, Nov. 5, 2024, 03:12 PM
Bel Air Auto Auction opens 2 new lanes during its oldest event
Tuesday, Nov. 5, 2024, 04:20 PM
Retail
Dealer news: Qvale down to 2 dealerships; HGreg supports holiday ride service
Wednesday, Nov. 6, 2024, 02:39 PM
Auto Remarketing Staff
Qvale Auto Group is down to its last two dealerships with the sale of two stores in the Tampa, Fla., area. According to The Presidio Group, which advised the seller in the transaction, Atlantic Coast Automotive, a large dealership group ... [Read More]
MORE Retail
Corwin doubles down in Colorado Springs
A former ‘tech guy’ makes sharp career turn that leads to owning used-car dealership
Wholesale
ServNet expands to Arkansas, adds 22nd member
Wednesday, Nov. 6, 2024, 04:22 PM
Auto Remarketing Staff
ServNet has expanded in the Southeast. The group of independently owned auctions said Wednesday that Central Arkansas Auto Auction has joined its network, which now includes 22 auctions. Cole Hooten is managing partner at the auction, which is based in ... [Read More]
MORE Wholesale
Bel Air Auto Auction opens 2 new lanes during its oldest event
Lane watch: Waiting for election results to ripple into wholesale & retail
Proficient Auto Logistics adds new board member to help navigate challenging times
Technology
Car Wars, Fullpath integrate to connect dealers with high-value customers
Wednesday, Nov. 6, 2024, 04:21 PM
Auto Remarketing Staff
Car Wars, a provider of artificial intelligence-powered phone call management and call analytics, has integrated with customer data platform Fullpath in a partnership designed to give dealerships the ability to identify and connect with high-value customers — specifically those with ... [Read More]
MORE Technology
Lyft joins with 3 new partners to ‘build the autonomous future’
UVeye inspection technology selected for TIME’s list of Best Inventions of 2024
Reviver named official tech partner of NBA’s Sacramento Kings
Financial
EFG launches program that guarantees PRU increase for dealers
Tuesday, Sep. 24, 2024, 03:21 PM
Auto Remarketing Staff
With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]
MORE Financial
Analysis
New-car prices, used inventory shortages drive stability in used-car market
Tuesday, Nov. 5, 2024, 04:01 PM
Andrew Friedlander, Associate Editor
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of the current new-car environment. The report showed the average used-vehicle list price ... [Read More]
MORE Analysis
Used-car retail prices, surprisingly, aren’t climbing
Consumers might intend to buy new, but reality pushes them to used-car market
Lotlinx: Q3 shows high day supply, largely aging vehicle inventory