Wholesale
Liquid Motors Releases Mobile Data Collection Tool
Thursday, Apr. 22, 2010, 01:54 AM
Auto Remarketing
DALLAS — Liquid Motors recently announced the release of its Mobile Data Collection solution, which is designed to allow dealers to reduce the cost of collecting vehicle information and expedite the data collection process. "Giving dealers a tool that will speed the process of photographing vehicles on their lot and printing and affixing window stickers as […] [Read More]
Hertz Enhances Rent2Buy Through KBB Partnership
Wednesday, Apr. 21, 2010, 11:59 AM
Auto Remarketing
PARK RIDGE, N.J. — Hertz Rent2Buy has teamed up with Kelley Blue Book for a partnership designed to enhance the online car-buying program. Basically, it allows Hertz Rent2Buy customers to compare Hertz's used-vehicle prices with the KBB Suggested Retail Value. The partnership also extends Hertz's reach, as its inventory can now be accessed on Kbb.com's The Trusted […] [Read More]
AutoUpLinkUSA, OPENLANE Partner to Move Wholesale Units Online
Wednesday, Apr. 21, 2010, 11:58 AM
Auto Remarketing
MINNEAPOLIS and REDWOOD CITY, Calif. — AutoUpLinkUSA and OPENLANE entered into a new partnership this week to benefit dealers who use the AutoUpLinkUSA Internet Inventory Management System. The agreement means dealers now can utilize the IIMS tool to upload and list their wholesale inventory to OPENLANE's Online Open Auction. Executives emphasized this partnership represents an integrated […] [Read More]
CNW: Used Inventory Reaches Five-Year Low; Price Upswing Rolls On
Wednesday, Apr. 21, 2010, 02:00 AM
Auto Remarketing Editor Joe Overby
BANDON, Ore. — In the midst of used-vehicle inventories hitting their lowest levels in almost five years, used pricing remained on an incline, particularly for trucks and SUVs, according to CNW Research. More specifically, used-vehicle days' supply was at 53.3 days in March, which was 24 percent lower than the year-ago period. It marked shortest inventory […] [Read More]
Cars.com Hires New Dealer Training Manager
Wednesday, Apr. 21, 2010, 01:56 AM
Auto Remarketing
CHICAGO — Cars.com appointed a new dealer training manager on Tuesday, and taking on the position is Jack Simmons, who has worked in the auto industry for more than 25 years and was most recently the vice president of automotive solutions at WorldNow. In his role with Cars.com, Simmons will work with company's DealerADvantage online training […] [Read More]
POADA Hosts Free Seminar to Tackle Red Flags Rule Compliance
Monday, Apr. 19, 2010, 03:59 AM
Auto Remarketing
CARY, N.C. — The deadline for the Federal Trade Commission's Red Flags Rule is about six weeks away. Are you, as a dealer, compliant, and have you done all you need to do to protect your stores? To make sure you are ready when the June 1 enforcement deadline arrives, the Pre-Owned Automobile Dealers Alliance is here […] [Read More]
ADESA Canada: Auction Prices Softer than Usual
Friday, Apr. 16, 2010, 12:00 PM
Auto Remarketing Editor Joe Overby
MISSISSAUGA, Ontario — The ADESA Canada Used Vehicle Price Index declined month-over-month for the sixth straight time during March, and auction prices saw a slim decline during the month, which normally shows a moderate gain. More specifically, ADESA's data — powered by ALG Canada — indicated that the March index fell roughly 0.1 percentage points (seasonally adjusted) from the […] [Read More]
UCDA: 75 Dealers Face MVDA Ad Violation Charges
Friday, Apr. 16, 2010, 11:59 AM
Auto Remarketing
TORONTO, Ontario — Pay extra careful attention to your advertising these days to ensure it is compliant, the Used Car Dealers Association of Ontario warned this week. The Ontario Motor Vehicle Industry Council is cracking down on violations of the Motor Vehicle Dealers Act's advertising requirements, as 75 dealers have been issued summons to appear in […] [Read More]
AutoCanada Buys Ontario Hyundai Store
Friday, Apr. 16, 2010, 11:58 AM
Auto Remarketing
EDMONTON, Alberta — AutoCanada has strengthened its presence in the Toronto area, as the company recently bought a Hyundai store in Mississauga, Ontario. It has finished the purchase of assets of the store that was formerly known as Future Hyundai. Going forward, it continues as 401/Dixie Hyundai. There is space for eight service bays and a […] [Read More]
GM, Carfax Unite to Push Out Recall News
Thursday, Apr. 15, 2010, 01:59 AM
Auto Remarketing
DETROIT — General Motors and Carfax entered into an agreement this week to aid dealers, owners and potential buyers about rectifying unrepaired safety, non-compliance and emission recalls. GM executives explained that they're providing millions of vehicle identification numbers to Carfax for units with open recalls. Brands include Chevrolet, Buick, GMC and Cadillac as well as ones […] [Read More]