Perhaps this acquisition could help dealerships of all sizes that need technicians to complete work in their service drives and reconditioning shops. Just before Fourth of July, the National Institute for Automotive Service Excellence (ASE) announced the acquisition of WrenchWay. Under the agreement highlighted in a news release, WrenchWay’s co-founders and employees will join the […] [Read More]

It makes sense that professional athletes sometimes find post-playing careers or other business opportunities in auto retail. The car business, like sports, relies on teamwork, having a game plan and clock management. But the potential synergy between the two is perhaps not fully realized or always intentionally planned. That’s what Dave Cantin Group, whose leadership […] [Read More]

Hendrick Automotive Group didn’t have to travel far to add a bit of Europe to its lineup. The North Carolina-based dealership group, said to be the largest privately owned auto retailer in the U.S., has acquired Foreign Cars Italia Charlotte and Foreign Cars Italia Greensboro. Hendrick, which is headquartered in Charlotte, purchased the stores from […] [Read More]

Auto Remarketing is proud to celebrate our annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. In addition to Q&A features in the July issue of Auto Remarketing, honorees will be recognized […] [Read More]

After launching a pilot program last year, Spiffy said last week that it has expanded its partnership with MSX International and Hyundai Motor America to begin rolling out mobile service capabilities across Hyundai’s U.S. dealer network. With the expanded partnership, Spiffy will provide its end-to-end mobile service platform to additional HMA dealers, while MSX will […] [Read More]

EV Auto is the first used electric vehicle dealership to join Amazon Autos, the EV retailer said Monday. And for CEO and co-founder Alex Lawrence, whose background before automotive was tech, the decision was an easy one. “As soon as Amazon Autos was announced, I knew we wanted to be there immediately, instantly,” Lawrence told […] [Read More]

Dealers who use CarGurus to market their used-vehicle inventory online have about two weeks to shore up all the details included in those listings, especially connected with fees as demanded by the Federal Trade Commission. This spring’s attention-getting move by the FTC is continuing to impact moves by service providers in automotive retailing, as CarGurus […] [Read More]

Dealers can now seek guidance about insurance and more from four experienced experts who joined EPIC Insurance Brokers & Consultants this week. The national insurance brokerage and consulting firm providing specialized services and products across select industries and client sectors announced that auto dealership F&I experts Ryan Hoff and John Jacobi have joined the firm. […] [Read More]

For years, automotive retail has approached digital advertising as a volume game. The prevailing assumption has been that more traffic, more impressions and more leads naturally translate into more sales. However, as inventory costs rise, margins tighten and consumer demand fluctuates across segments, many dealers are discovering a difficult reality: not every vehicle on the […] [Read More]

AutoCanada took another major step towards divesting its U.S. properties, selling Toyota of Lincolnwood in the Chicago area for $40 million in cash (CAD) to Serra Automotive. The deal closed Monday. AutoCanada anticipates selling the rest of its remaining U.S. dealerships by the end of the year. Since classifying its U.S. segment as discontinued operations […] [Read More]