Edmunds report finds car shoppers’ perceptions lead to sticker shock
Friday, Sep. 13, 2024, 02:54 PM
COMMENTARY: Lessons learned from another summer of selling cars
Friday, Sep. 13, 2024, 11:15 AM
PODCAST: Automotive applications from Experian’s 2024 U.S. Identity and Fraud Report
Friday, Sep. 13, 2024, 10:31 AM
Analysis
Lotlinx launches Vincensus Report for monthly/quarterly look at market data
Tuesday, May. 7, 2024, 03:24 PM
Auto Remarketing Staff
Lotlinx has launched a monthly/quarterly report to deliver data and trends to the auto industry. The company called its Vincensus Report “the most comprehensive monthly/quarterly inventory report in the industry” and said each month and quarter the report will “offer deep real-time data and insights visibility into the trends shaping OEM-specific and dealership inventory for […] [Read More]
COMMENTARY: May is Mom’s month & necessity is mother of invention
Friday, May. 3, 2024, 12:42 PM
Robert Grill, CARFAX
The pandemic forced us to reinvent the way we sell vehicles. We reviewed our online shopping experience and realized we had to remove any obstacles — make it possible for a customer to 100% buy online. We didn’t particularly like it, but it was necessary. Here’s the good news: It worked. Even better news: Customers […] [Read More]
Alt-fuel vehicles don’t necessarily have to break the bank
Wednesday, May. 1, 2024, 04:57 PM
Joe Overby, Senior Editor
A common hesitancy consumers might have about buying alternative-fuel vehicles (even used ones) is that the cost is too high. And that assumption isn’t entirely wrong — it might be fair on some models, particularly electrics. However, there are deals to be had in the used-car market for alternative-fuel vehicles — even beyond government rebates […] [Read More]
Prices plateau in more stable used-car environment
Monday, Apr. 29, 2024, 05:05 PM
Auto Remarketing Staff
The CARFAX Used Car Index made its debut a year ago, and in an analysis recapping the latest installment, the company pinpointed three retail used-car pricing trends that have stood out. But first, here’s how the market looks at the end of April. In a word, they’re stable, a departure from the past 12 months, […] [Read More]
PODCAST: Live from AIS, it’s ‘Tuesday Nights’
Monday, Apr. 29, 2024, 01:21 PM
Auto Remarketing Staff
After a successful series of “Dueling Podcasts” earlier this year, the hosts of the Auto Remarketing Podcast continued their multimedia collaborations last week. For the latest installment of its “Tuesday Nights Live” series on YouTube, ATI Auto Business livestreamed with Cherokee Media Group senior editors Joe Overby and Nick Zulovich from the Auto Intel Summit […] [Read More]
Used-car sales climb about 11% & move at faster clip
Wednesday, Apr. 17, 2024, 03:01 PM
Auto Remarketing Staff
It was March momentum for the retail used-car market. In a month were days-to-sell plummeted (more on that later), franchised and independent dealers combined to sell an estimated 1.66 million used vehicles, which was a 10.9% gain from March 2023 and up 18.5% from February, according to Cox Automotive. Through three months of 2024, dealers […] [Read More]
From the editor: This in-car song list is music to our ears
Tuesday, Apr. 16, 2024, 10:48 AM
Nick Zulovich, Senior Editor
The senior editors of this media property ping each other multiple times daily. While most of the messages revolve around editorial content we compile or upcoming industry events our shop orchestrates, I along with fellow bearded one, Joe Overby, sometimes delve into dialogue about sports, food and music. Our behavior made new insights from DTS […] [Read More]
March brings surge of inventory, falling prices, Cars Commerce report finds
Friday, Apr. 12, 2024, 01:24 PM
Auto Remarketing Staff
When tax season arrives, dealers know customers are coming — and they need cars to sell them. Not surprisingly, then, the monthly Cars Commerce Industry Insights Report for March showed a big surge in inventory. The report found used-car supply jumped 7.6% from February to March, based on the company’s marketplace inventory, as dealers stocked […] [Read More]
Report shows EV sales growth slowing considerably
Friday, Apr. 12, 2024, 12:55 PM
Auto Remarketing Staff
Sales of electric vehicles continue to grow in the U.S., but a new report shows the pace of that growth has slowed considerably. According to sales data analyzed by Kelley Blue Book in its Q1 2024 Electric Vehicle Sales Report, Americans purchased 268,909 new EVs in the first quarter. That’s up 2.6% year-over-year, but down […] [Read More]
Beyond the Transaction: Vehicle transport plays a game of tech catch-up
Thursday, Apr. 11, 2024, 02:01 PM
Daryl Lubinsky, Correspondent
This feature is part of Auto Remarketing’s upcoming “Beyond the Transaction” edition, which is the May print issue of the magazine.
It is available for Cherokee Media Group Premium subscribers now.
During discussions with vehicle transport industry representatives, a common theme emerges: The industry has lagged behind the freight shipping industry in the area of technological innovation.
“They have been a lot more tech forward than us historically,” said Mike Scenna, vice president of sales and operations for Preowned Auto Logistics.
“We often say we’re 10, 15 years behind the freight side of the house,” said Joe Kichler, vice president of logistics for Cox Automotive.
But that seems to ... [Read More]