KeyTrak, a provider of key and asset management systems, has partnered with TrueSpot, a real-time location services company, to allow KeyTrak Edge systems to help dealership personnel to locate vehicles and their keys faster. KeySpot said it will unveil its new advancement at the NADA Show, coming up Feb. 1-4 in Las Vegas. In a […] [Read More]

Vroom said Monday it will cease ecommerce operations and is winding down its used-car retail business. Vroom also owns United Auto Credit Corp. auto finance company as well as analytics and digital services provider CarStory. Those businesses will continue. Per the board-approved Value Maximization Plan, Vroom is suspending transactions on its website and will sell […] [Read More]

EasyCare University has announced its 2024 schedule for auto and motorsports fixed operations webinars. The webinars are designed for service advisors of all skill levels to explore elements of success in the service drive and achieve more. Course topics will rotate quarterly. Automotive topics include skill-building such as overcoming objections and upselling, presenting a multi-point […] [Read More]

One of the nation’s largest dealership groups has added to its holdings. Morgan Automotive Group, based in Tampa, Fla., has acquired nine dealerships and two collision centers from Miami-based South Motors/Vista Motors, according to Haig Partners, which represented the seller in the transaction. While the price was not disclosed, Haig Partners said in a news […] [Read More]

Electric vehicles are in the headlines daily. New models, government deadlines, new battery plant construction and more. But that doesn’t always translate to buyers, says Nate Myers, used-vehicle director at SONS Automotive Group, which has dealerships throughout Georgia and Alabama. “There’s absolutely no demand,” Myers said of EV activity in his markets. “Outside of Tesla, […] [Read More]

Despite dire stories about electric vehicles no longer selling in the United States, 2023 was the year more than 1 million EVs were sold here. Cox Automotive forecasts electric vehicles will account for more than 10% of total sales in 2024. But, said Cox, “dealers and manufacturers alike are realizing that selling more EVs will […] [Read More]

During the recent holiday season, Atlanta-based Jim Ellis Automotive distributed funds raised by its 23rd annual charity golf tournament over the summer. The tournament, which began as a company picnic and golf outing, is a cooperative effort of the Ellis family, Jim Ellis team member volunteers, business partners and vendors. The 2023 event, held in […] [Read More]

Randy Barone, vice president of business development at ACV, said many people often ask him how the used-car market will fare in 2024. It’s a question he can’t answer, because “nobody can know that,” he said. But what he does know is that most dealership used-vehicle departments are not “running on all eight cylinders — […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation from Dealer Training Tuesday by Sara Hoagey of eliteBDC titled, “Learn the Advantages of Different BDC and CRM Structures for Your Dealership.” Listen to the episode in the window […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation from Dealer Training Tuesday by Steve Roessler of DriveCentric titled, “Mastering Modern Communication Strategies for Sales Success.” Listen to the episode in the window below.   [Read More]