Navigating the shift: Key insights from the Lotlinx Q3 2024 Automotive Market Report
Wednesday, Dec. 11, 2024, 09:04 AM
Gen Z and millennials to small businesses: Get online or get left behind, according to GoDaddy survey
Friday, Dec. 6, 2024, 12:56 PM
CARFAX offers maintenance reminders for the holiday travel season
Monday, Dec. 2, 2024, 02:33 PM
Analysis
Happy holidays from Cherokee Media Group & best wishes for new year
Friday, Dec. 13, 2024, 10:21 AM
Auto Remarketing Staff
The Cherokee Media Group team wishes you a safe and happy holiday season and a joyous new year. Friday’s issue of Auto Remarketing PM will be the final regularly scheduled e-newsletter from our team in 2024 before we take a holiday break. The Auto Remarketing e-newsletters will resume with the Auto Remarketing Canada enewsletter the morning of Jan. 2. […] [Read More]
Growth not quite as dramatic, but used EV sales continue to accelerate in both wholesale & retail markets
Wednesday, Nov. 27, 2024, 11:39 AM
Joe Overby, Senior Editor
The year-over-year growth isn’t quite as steep as it was in prior months, but used electric vehicles are still flying off dealership lots and auction yards, according to respective analyses from Cox Automotive and the National Auto Auction Association.
In its latest EV Market Monitor, Cox Automotive reported there were ... [Read More]
Lexus still first in CPO, wins 8th straight U.S. News award
Wednesday, Nov. 27, 2024, 09:07 AM
Auto Remarketing Staff
The first certified pre-owned program is still the best. That’s the conclusion of U.S. News & World Report, which named Lexus — the brand that introduced CPO in 1996 — as the Best Certified Pre-Owned Program in its 2025 Best Vehicle Brand and Best Certified Pre-Owned Program awards. The magazine evaluated 38 brands to select […] [Read More]
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 Used Car Index reports, the first major change in these recaps since their April 2023 […] [Read More]
Tradition continues as Lexus, Honda take top honors in ALG Residual Value Awards
Monday, Nov. 25, 2024, 02:30 PM
Auto Remarketing Staff
Is this a new holiday tradition? For the fourth consecutive November, Lexus and Honda are at the top of their class when it comes to retaining value, claiming the top prizes in the J.D. Power 2025 U.S. ALG Residual Value Awards. Lexus again earned the award as the best premium brand, while Honda was named […] [Read More]
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-car dealers, we’ve learned that the future is never certain. No matter what curveballs are around the corner, there are key strategies used-car dealers […] [Read More]
COMMENTARY: A time to give thanks
Monday, Nov. 25, 2024, 11:08 AM
Robert Grill, CARFAX
It’s that time of year again, time to reflect on all that we should be thankful for. First and foremost is our life and health. It’s much easier to focus on all that’s wrong in the world. Now, down to business. You know that tension that always seems to be there between your sales and […] [Read More]