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Retail
Independent dealers see inventory as No. 1 challenge, but also as an opportunity
Tuesday, Jul. 25, 2023, 04:26 PM
Andrew Friedlander, Associate Editor
Independent car dealers are no stranger to challenges, and the good ones know a great opportunity when they see one.
With that in mind, Auto Remarketing spoke with independent dealers at the recent NIADA Convention and Expo about the biggest challenges and opportunities they face in today’s used car landscape.
Not surprisingly, there were plenty of responses in both categories, including some dealers who see opportunity within the challenges.
Among the challenges, one of the top choices was ... [Read More]
PODCAST: Selly’s Zach Klempf on independent dealers, text messaging & the Oakland A’s
Tuesday, Jul. 25, 2023, 01:03 PM
Auto Remarketing Staff
At the NIADA Convention last month, Cherokee Media Group senior editor Joe Overby connected with Selly Automotive founder and CEO Zach Klempf for a conversation about Selly’s merger with AutoManager last year, observations on the independent dealer landscape and much more. Plus, Klempf discusses his experience throwing out the first pitch at an Oakland A’s […] [Read More]
Carvana announces ad campaign featuring Kristen Bell and Dax Shepard
Friday, Jul. 21, 2023, 12:12 PM
Auto Remarketing Staff
Online used car retail giant Carvana said it is collaborating with actors Kristen Bell and Dax Shepard on a series of national commercials and social videos beginning this summer that will illustrate several scenarios that demonstrate “how Carvana drives its customers happy.” The ads are intended to show how Carvana’s online process has “improved the […] [Read More]
California dealership and Make-A-Wish surprise local youth with trip to Hawaii
Friday, Jul. 21, 2023, 10:46 AM
Auto Remarketing Staff
Capitol Subaru in San Jose, Calif., part of Del Grande Dealer Group, partnered with Make-A-Wish Greater Bay Area to throw a surprise beach-themed party at the retailer’s showroom to reveal to a local Hayward youth that his life-changing wish to travel to Hawaii with his family was coming true. Moises De Paz, a 20-year-old with […] [Read More]
Carvana hits trio of records in Q2, announces transaction support agreement
Wednesday, Jul. 19, 2023, 04:19 PM
Auto Remarketing Staff
Carvana has had its share of bumps in the road in recent months, but Wednesday marked a pair of big wins for the online used-car retailer. In addition to announcing its strongest quarter ever for adjusted EBITDA, adjusted EBITDA margin and total gross profit per unit, Carvana said it has signed a transaction support agreement […] [Read More]
Urban Science launches daily CPO lead-defection alerts in SalesAlert
Wednesday, Jul. 19, 2023, 03:30 PM
Auto Remarketing Staff
Urban Science, a technology provider and consultant, announced what it termed as “significant enhancements” to its SalesAlert system, introducing a feature that can deliver certified pre-owned lead-defection alerts to franchised dealers. The tool, which the company said is an industry first, is designed to allow dealers to identify sales lost to CPO vehicle purchases at […] [Read More]
VinFast set to break ground for its first U.S. EV factory
Wednesday, Jul. 19, 2023, 02:25 PM
Auto Remarketing Staff
VinFast has set a date to break ground for its first U.S. electric vehicle factory. The Vietnamese automaker said it will hold a groundbreaking ceremony July 28 at the Triangle Innovation Point in Chatham County, N.C. The 1,800-acre plant will be the first EV manufacturing facility in the state and is designed to reach a […] [Read More]
CARFAX teams with Hyundai and Kia to spread word about anti-theft measures
Wednesday, Jul. 19, 2023, 01:41 PM
Auto Remarketing Staff
Over the past year, thefts of Hyundai and Kia vehicles have risen dramatically as a result of viral videos posted on various social media platforms. In response, CARFAX has partnered with those automakers to give consumers free detailed information about how they can better secure their vehicles. The automakers are offering consumers free steering wheel […] [Read More]
Alan Ram’s Proactive Training Solutions brings back individual subscriptions
Tuesday, Jul. 18, 2023, 03:13 PM
Auto Remarketing Staff
Alan Ram’s Proactive Training Solutions is bringing back its individual subscription service for auto dealership salespeople. The automotive sales and management training provider said it made the decision “due to strong demand from numerous auto dealerships.” Director of dealer engagement and training Susan Gaytan said reinstating individual subscriptions, which “Alan championed,” is a highlight of […] [Read More]
CarNow and UNConference partners donate to Make-A-Wish Foundation
Tuesday, Jul. 18, 2023, 02:11 PM
Auto Remarketing Staff
Dealer retailing system CarNow has joined with multiple service providers and dealer partners to donate $76,100 to The Make-A-Wish Foundation. The donation was raised in March at the second annual UNConference, an automotive leadership conference for dealerships and technology partners hosted at CarNow’s headquarters in Atlanta. “We are truly grateful for the incredible generosity shown […] [Read More]