Retail
Dealer news: Acquisitions in Texas, N.J.; dealer makes ‘Mighty’ big auto parts deal
Monday, Nov. 25, 2024, 01:44 PM
Auto Remarketing Staff
A major dealership group just got a little bigger. Keating Auto Group, one of the largest dealers in Texas, has acquired Buckalew Chevrolet in Conroe, Texas, a transaction announced by Kerrigan Advisors, which represented the seller. Keating, based in Victoria, ... [Read More]
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Dealer news: Sutherlin sells its last Florida dealership; acquisition in Kentucky
AutoNation launches 8th annual DRV PNK Across America Campaign
Megasite brings Carvana’s same-day delivery service to Las Vegas
Wholesale
Carvana launches 4th auction-recon Megasite, first on East Coast
Monday, Nov. 25, 2024, 01:44 PM
Auto Remarketing Staff
Kansas City. Houston. Las Vegas. And now: Boston. Carvana announced last week that it is planning for an auction and reconditioning Megasite at its ADESA Boston location, which will include Carvana’s Inspection and Reconditioning Center (IRC) capabilities at the existing ... [Read More]
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Dale Pollak to depart Cox Automotive at end of 2025
DAA Northwest Anniversary Sale raises $175,000 for local nonprofits
Hurricanes impact auction sales in October, but volumes still up double-digits
Technology
Reynolds joins with Skaivision, aiming for greater service department efficiency
Friday, Nov. 15, 2024, 12:05 PM
Auto Remarketing Staff
Reynolds and Reynolds has a vision. A Skaivision, to be precise. The dealership software provider announced a collaboration with Skaivision, creator of “smart space” computer vision artificial intelligence software for auto dealerships, that includes an investment in the company. In ... [Read More]
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Black Book unveils Brand Value Index to gain better understanding of nameplate pricing dynamics
Financial
EFG launches program that guarantees PRU increase for dealers
Tuesday, Sep. 24, 2024, 03:21 PM
Auto Remarketing Staff
With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]
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Analysis
COMMENTARY: 7 ways to increase profitability as independent car dealer in 2025
Monday, Nov. 25, 2024, 11:26 AM
Dave Sutton, Montway Auto Transport
Independent car dealerships had to navigate a number of trends in 2024, from supply constraints to consumers reacting to new economic pressures. While the coming year is showing positive signs for used-dar dealers, we’ve learned that the future is never ... [Read More]
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COMMENTARY: A time to give thanks
The current state of automotive dealership M&A: Focusing on performance optimization
Lane watch: Favorable trends for dealers starting to gain stronger foothold