Retail
TradePending introduces tool to help dealers stay in touch with customers
Tuesday, Jan. 7, 2025, 12:53 PM
Auto Remarketing Staff
Dealership software platform TradePending has launched a new tool designed to keep dealerships top of mind with customers through automated email and text communications. The company said Value Watch gives consumers an automated update on their vehicle’s value each month, ... [Read More]
Wholesale
Lane watch: Stable close to 2024 & optimism for 2025
Tuesday, Jan. 7, 2025, 01:14 PM
Auto Remarketing Staff
The newest installment of Market Insights from Black Book recapped stable developments in the wholesale space during the close of 2024 and conveyed optimism about what the auction scene might be like in 2025. Analysts said wholesale values decreased 0.44% ... [Read More]
MORE Wholesale
Why M&A has accelerated in auto auction space
Auction news: America’s Group adds Ferreri as CRO; Portland auction opens
DAA promotes Theis to lead sales for its digital auction platform
Technology
Hyundai launches ‘Add to Cart’ campaign to kick off car-buying partnership with Amazon Autos
Tuesday, Jan. 7, 2025, 04:24 PM
Auto Remarketing Staff
Whether we’re ordering dinner, buying a gift or snagging that last item we forgot at the hardware store, “add to cart” is a major part of our daily online lexicon. It’s also the phrase Hyundai is using in an ad ... [Read More]
MORE Technology
Findlay becomes the latest dealership group to renew with CDK
How going somewhat incognito at UCW helped new Super Dispatch CEO prepare for role
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
The dealership buy-sell market in 2025: More selective buyers and more predictability
Monday, Jan. 6, 2025, 09:56 AM
Alysha Webb, Correspondent
The dealership mergers and acquisitions market was brisk in 2024, driven by buyers flush with cash from historically high dealership profits the last few years.
But dealership profitability, though still high, is waning. That is one factor that will impact the 2025 buy sell market, which professionals expect to moderate though remain healthy.
“The buy sell market in 2025 will be active but quite different,” Alan Haig, president of Haig Partners, told Auto Remarketing. [Read More]
MORE Analysis
Report: Recalls down in 2024, but unrepaired vehicles remain a major issue
COMMENTARY: As the calendar turns, the present is a gift
COMMENTARY: Maintaining a competitive edge with secondary Google business profiles