Retail
Dealer M&A moves involving Dimmit, Group 1 & Mills groups
Tuesday, Jun. 6, 2023, 02:48 PM
Auto Remarketing Staff
Dimmit Automotive Group, which includes 13 dealerships throughout Florida’s Gulf Coast, has expanded to the powersports segment. The group has purchased Cycle Springs Powersports in Clearwater, Fla., according to a news release from Performance Brokerage Services, which advised on the ... [Read More]

MORE Retail
Assurant’s EV sales training course to focus on 5 core topics
17 largest dealer groups ranked for service appointment call effectiveness
Wholesale
Lane watch: Sagging prices boost sales rates
Tuesday, Jun. 6, 2023, 03:56 PM
Auto Remarketing Staff
Black Book’s Market Insights showed that wholesale values dropped 0.31% last week. Analysts said that level of depreciation exceeded pre-COVID norms for this time of year since values typically drop by 0.22%. As a result, Black Book found that the ... [Read More]

MORE Wholesale
8th straight year-over-year decline in Black Book’s Used Vehicle Retention Index
Technology
3 key features of subscription-based WarrantyBoost+ from FrogData
Tuesday, Jun. 6, 2023, 02:30 PM
Auto Remarketing Staff
FrogData expanded its platform for automotive fueled by launching WarrantyBoost+, what the company called a “groundbreaking” annual-subscription product that can combine warranty rate enhancement with an intuitive service dashboard and key performance indicator (KPI) tracking. By leveraging its AI-driven warranty ... [Read More]

MORE Technology
Repair OnDemand names former Cox Automotive executive as new president
DAS Technology acquires 3 Birds
PODCAST: Role of data & tech in the consumer shopping experience
Financial
Stephens names new head of investment banking dealership practice
Monday, May. 15, 2023, 03:55 PM
Auto Remarketing Staff
Stephens announced managing director Joe Mowery now will head the investment banking dealership practice, following 20 years as head of the department’s power and industrial technology group. The independent financial services firm said Mowery assumes the role from Matthew Marks, ... [Read More]

MORE Financial
PODCAST: Securing late-model inventory from vehicle subscription program
PODCAST: Aaron Bickart of OfferLogix on streamlining monthly car payment & more
Analysis
PODCAST: Spiffy’s marketing leader shares thoughts on driving revenue & customer experience with digital servicing
Monday, Jun. 5, 2023, 11:04 AM
Auto Remarketing Staff
We conclude our series of Auto Remarketing Podcast episodes from the Auto Intel Summit and NRC Spring Summit with a presentation from Spiffy chief marketing officer Grayson Leverenz, who discusses “Driving Revenue & CX with Digital Servicing.” She explains the ... [Read More]

MORE Analysis
Sedgwick: Auto recalls rise 3.4% in Q1
Used EVs & hybrids, pickups on diverging price paths
COMMENTARY: 6 considerations for the commercial transition to a BEV fleet, other than infrastructure