Retail
Asbury named one of Newsweek’s ‘World’s Most Trustworthy Companies’
Tuesday, Nov. 26, 2024, 02:46 PM
Auto Remarketing Staff
When Asbury Automotive Group says “trust me”, they’ve got an award to back them up. The dealership group was selected by Newsweek for its World’s Most Trustworthy Companies 2024 list, ranking 27th among the 52 companies named in the Vehicles ... [Read More]
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Wholesale
Lane watch: Stability reigns as wholesale market nears Thanksgiving
Tuesday, Nov. 26, 2024, 01:55 PM
Auto Remarketing Staff
Along with revisiting what’s going on with 2023 and 2024 model year full-size pickups, Black Book gathered its wholesale market observations while some of the company’s top executives and experts were in Scottsdale, Ariz., for Used Car Week. What Black ... [Read More]
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Carvana launches 4th auction-recon Megasite, first on East Coast
Dale Pollak to depart Cox Automotive at end of 2025
DAA Northwest Anniversary Sale raises $175,000 for local nonprofits
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
CARFAX adds month-over-month data to used-car price index; how that plays out in November
Monday, Nov. 25, 2024, 04:00 PM
Auto Remarketing Staff
The degree to which a vehicle’s price changes month-over-month might be more telling, in some cases, than the year-over-year change. Especially if that month follows a U.S. presidential election. With that in mind, CARFAX has added month-over-month insights to its ... [Read More]
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Tradition continues as Lexus, Honda take top honors in ALG Residual Value Awards
COMMENTARY: 7 ways to increase profitability as independent car dealer in 2025