We begin our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. The episode features some of this year’s Women in Retail honorees for a conversation led by Lindsey Pilarczyk of CarGurus. Listen to the episode in the window below. [Read More]

They say everything’s bigger in Texas, and HGreg is aiming to take that one step further. The dealership group has acquired the site of Southwest Lincoln-Mercury in West Houston, a dealership that was owned by Bud Adams, the late owner of the NFL’s Houston Oilers/Tennessee Titans and one of the founders of the American Football […] [Read More]

Sara Hoagey learned a lot about dealership operations from having served in practically every job in the store. And now she’s putting her expertise in communicating with customers through all media as the owner and CEO of EliteBDC, which provides BDC training for dealerships and well as providing outsourced BDCs. In the latest edition of […] [Read More]

A year ago, AutoNation announced it would acquire mobile auto repair and maintenance provider RepairSmith in a $190 million deal. Now it’s rebranding that operation to become AutoNation Mobile Service. In a news release, Dave Koehler, who is chief operating officer for non-franchised business at AutoNation, said the acquisition “marked a pivotal step to extend […] [Read More]

Dealership software provider Reynolds and Reynolds has partnered with TrueSpot, a real-time location services company, following a “significant investment” by Reynolds. In a news release, Reynolds said the partnership underscores its focus on innovative technologies to help auto retailers be more successful, and TrueSpot’s commitment to advancing asset location intelligence. TrueSpot’s platform is designed to […] [Read More]

The blue sky has fallen a bit this year — but it’s still sky-high. Haig Partners’ quarterly report on dealership buy-sell activity found values down by 12% from the end of 2022 — a product of declining dealership profits this year — but still at more than twice pre-pandemic levels. Demand for dealerships also remains […] [Read More]

This dealership news roundup includes another store gaining new ownership as well as a group launching its annual charity work during the holiday season. According to a news release from the Tim Lamb Group, the firm brokered the sale of Woody Sander Ford in Cincinnati to the Mark Williams Auto Group. Chris Infantino of the […] [Read More]

The results of Sheehy Auto Stores’ 2023 fundraising campaign are in — and they are heartening. The dealer group, which operates 28 dealerships in Virginia, Maryland and Washington D.C., announced its annual “Sheehy Has Heart” campaign raised $341,476 for the American Heart Association to promote heart-healthy living. Sheehy has raised more than $2.6 million since […] [Read More]

Note: After a tumultuous two years, the National Independent Automobile Dealers Association has emerged in 2023 with new leadership and a new outlook. In this three-part series, Auto Remarketing examines the state of NIADA now, the events that led to the transition and what’s ahead in the future. The question was an obvious one. In the Expo Hall of the National Independent Automobile Dealers Association Convention in June, just two days after he had begun his term, Gordon Tormohlen was asked about his first priority as NIADA’s 74th president. “There’s a plan in place,” he replied, “and the first thing is to ... [Read More]

Northwood University, a national leader in auto industry education, is launching a new Master of Science in Organizational Leadership program tailored for automotive professionals. Lisa Fairbairn, dean of the university’s DeVos Graduate School, said the school “has a long history of providing customized corporate and industry master’s programs in the automotive sector, and we are […] [Read More]