Separate research endeavors by the Insurance Research Council (IRC) and EpicVIN came to the same conclusion that Louisiana dealers from Shreveport to Slidell might have already known. It’s mighty expensive for vehicle owners in the Bayou State to maintain insurance coverage after they take delivery. According to IRC, the average annual expenditure for auto insurance […] [Read More]

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As we near the end of 2024, it’s clear […] [Read More]

September in the wholesale vehicle market was a departure from the earlier summer months, as cooler temperatures brought lower prices. But look for a fairly steady market in the final few months of 2024, industry analysts said in reports this week. Cox Automotive’s Manheim Used Vehicle Value Index for September came in at 203.0, which […] [Read More]

Some 6.5 million vehicles were recalled in the third quarter of 2024 – thanks mostly to three automakers. Tesla, Stellantis and BMW accounted for 76% of all recalls during the three months ending Sept. 30, according to the Q3 recall report from recall management platform BizzyCar. The report is based on analysis of data from […] [Read More]

Welcome to that time of year for car dealerships again: It’s the scary season! Let’s have a little fun and look at your business like it’s Halloween. It may be filled with lots of things that can frighten you. But on the other hand, it’s also filled with lots of great treats. All you have […] [Read More]

What’s in a name? Alison Anziska, Edmunds’ senior vice president of marketing, answers that question in an episode of the Auto Remarketing Podcast about a new advertising campaign featuring athletes bearing a similar name to the company. The car-shopping platform recently announced the launch of a new sports-themed advertising campaign called “Name of the Game,” […] [Read More]

John Howard, who is director of product management with Experian Automotive, returned for another visit on the Auto Remarketing Podcast. This episode focused on Experian’s latest look at automotive market movements, how much riper that aftermarket “sweet spot” is now and loyalty trends with hybrid and electric vehicles. Listen to the conversation in the window […] [Read More]

Perhaps dealers are making headway when explaining the complex safety systems of new and late-model vehicles during delivery. But new research from J.D. Power and the Insurance Institute for Highway Safety (IIHS) showed that getting consumers completely comfortable with these features still has plenty of room for improvement. First, here’s the positive movements highlighted by […] [Read More]

The last couple of years, automotive dealers were making record profits from car sales. Fast forward and we now find ourselves in a market with significantly increased inventories. Compared to a year ago, according to Cox Automotive, inventory is up by approximately 914,000 vehicles, which correlates to an increase in day supply from 57 to […] [Read More]

There is little disagreement that for the electric vehicle market to grow in the U.S., there is a need for more EV charging infrastructure. But that might not be as straightforward as it sounds, according to a report from law firm Troutman Pepper’s energy and environmental practice. The report, “Charging Ahead: Legal, Regulatory and Operational […] [Read More]