Retail

PODCAST: Used-car supply challenges, CPO, affinity programs & more with Casey Ivins of Costco Auto Program

Casey Ivins of the Costco Auto Program returns to the Auto Remarketing Podcast to talk about the latest moves from the program in the certified pre-owned segment, expanding the number of used cars available for Costco members and why affinity ... [Read More]

Wholesale

How ‘double-whammy’ could become ‘double tailwind’ for OPENLANE in 2026

Off-lease volumes and the equity gap between the value of those off-lease vehicles and their residuals: these have been a “double whammy” to OPENLANE’s marketplace business in recent years. But look for that two-headed headwind to reverse course next year. In the company’s fourth-quarter and full-year 2024 earnings call in February, CEO Peter Kelly said he expects 2025 to ... [Read More]

Technology

Private equity firm acquires majority stake in Work Truck Solutions

Work Truck Solutions announced it has secured a strategic majority investment from Rubicon Technology Partners, a Boulder, Colo.-based private equity firm focused on investing in and growing software companies. In a news release, the software provider said it “remains committed ... [Read More]

Financial

EFG launches program that guarantees PRU increase for dealers

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]

Analysis

Study names Honda Fit the most reliable used car for the money

If reliability and value are your customers’ top priorities for a used car, you might want to make sure the Honda Fit is on your lot. The subcompact hatchback, which was discontinued by Honda in 2020, is the most reliable ... [Read More]

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