Report: Used commercial vehicle sales sagging as new sales soar
Wednesday, Jan. 29, 2025, 02:47 PM
Dealer news: Indiana’s Farabaugh named TIME Dealer of the Year; Lithia makes another acquisition
Tuesday, Jan. 28, 2025, 04:42 PM
Dave Cantin Group shakes up leadership team to ‘staff up’ for ‘milestone’ 2025
Tuesday, Jan. 28, 2025, 03:04 PM
Retail
Dealer news: Zeigler, Penske among Glassdoor’s Best Places to Work
Monday, Jan. 15, 2024, 01:24 PM
Auto Remarketing Staff
Two of America’s largest dealership groups have been selected among the nation’s 100 best large companies to work for. Zeigler Auto Group, which operates 41 dealerships in the Midwest among other businesses, and Penske Automotive Group, owner of some 500 dealerships worldwide, were both among the 100 companies with at least 1,000 employees chosen for […] [Read More]
Federal tax credits are doing little to jumpstart stalled EV sales, dealers say
Monday, Jan. 15, 2024, 11:47 AM
Arlena Sawyers, Correspondent
Federal standards and incentives aimed at preventing climate change and promoting the adoption of electric vehicles are on cruise control, but dealers are seeing their EV sales stall.
According to dealers, their trade associations and industry analysts, consumers are put off by the prices of EVs — which are generally steeper than internal combustion engine vehicles. Additionally, vehicle buyers’ concerns about availability of charging stations and how far an EV can go on a single charge are sales barriers too, they agree.
The federal push toward EVs is ... [Read More]
Former Ally executive joins Haig Partners as managing director
Monday, Jan. 15, 2024, 11:31 AM
Auto Remarketing Staff
Dealership buy-sell advisory firm Haig Partners has named longtime auto industry executive Dave Rowe as its new managing director. The company said Rowe will serve clients nationwide, but will focus primarily on Texas and other states in the Central and Southwest regions. Rowe said in a news release that he has always admired Haig Partners […] [Read More]
USED CAR WEEK 2023 PODCAST: Managing different personalities at your dealership
Monday, Jan. 15, 2024, 10:59 AM
Auto Remarketing Staff
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 keynote presentation from Dealer Training Tuesday. Automotive Training Network CEO Mark Gilbert orchestrated a session titled, “How to Manage Different Personalities As You Do Business.” Listen to the episode in […] [Read More]
CPO vehicle sales climb nearly 7% in 2023, could jump another 3% this year
Friday, Jan. 12, 2024, 12:53 PM
Joe Overby, Senior Editor
The final tally didn’t break the record set in 2019 or match the rebound year of 2021, but certified pre-owned vehicle sales for 2023 were up nearly 7% and represented one of the strongest years ever for the CPO market. That’s according to Motor Intelligence data provided to Auto Remarketing, which shows there were approximately […] [Read More]
Group 1 hires veteran automotive marketer as new CMO
Friday, Jan. 12, 2024, 12:39 PM
Auto Remarketing Staff
Longtime automotive marketing Shelley Washburn has joined Group 1 Automotive, operator of 199 dealerships in the U.S. and U.K., as vice president of marketing and chief marketing officer. Washburn’s automotive marketing and retail experience covers 30 years, most recently with automotive digital marketing firms Gulf States Marketing as president and Force Marketing as a strategic […] [Read More]
USED CAR WEEK 2023 PODCAST: Enhancing dealer-provider partnerships
Friday, Jan. 12, 2024, 10:40 AM
Auto Remarketing Staff
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 keynote presentation by Laurie Foster of Foster Strategies Group titled, “How to Optimize, Maximize and Monetize Your Dealer-Provider Partnerships.” Listen to the episode in the window below. [Read More]
automotiveMastermind adds EV, service upgrades to its Mastermind technology
Thursday, Jan. 11, 2024, 04:58 PM
Auto Remarketing Staff
automotiveMastermind, part of S&P Global Mobility and a provider of data and technology, announced “significant enhancements” to its proprietary Mastermind technology. The company has added EV Behavior Driver, Service Portfolio and Service Portfolio Insights to Mastermind, which is designed to harness the power of predictive analytics to anticipate customer preferences, enabling dealers to “redefine automotive […] [Read More]
AIADA partners with WarrCloud to bring automated warranty claims to members
Thursday, Jan. 11, 2024, 04:47 PM
Auto Remarketing Staff
WarrCloud has joined with the American International Automobile Dealers Association as an affinity partner, offering AIADA members its artificial intelligence-driven software to automate the warranty claims process. The manual claims process costs dealers up to 12 percent of the gross profit from warranty revenue, according to estimates. Warrcloud’s software is designed to give dealers quicker […] [Read More]
Sonic’s first HR leader is back in the saddle as chief HR officer
Thursday, Jan. 11, 2024, 01:46 PM
Auto Remarketing Staff
Sonic Automotive, one of the nation’s largest automotive retailers, has promoted longtime vice president of human resources Harry Harden to chief human resources officer. Harden replaces Angela Broadway, Sonic’s first CHRO, who retired Dec. 31. Harden served as Sonic’s human resources VP for 14 years beginning in 2001, building and leading the company’s first human […] [Read More]