There will be about 500,000 additional off-lease vehicles this year compared to last, according to data shared in a media conference call with top analysts from Cox Automotive. And off-lease volume is only expected to run higher in 2018 and 2019, Kelley Blue Book senior analyst Alec Gutierrez said during the call. With half-a-million more […] [Read More]

CDK Global and PSA Benelux recently signed a new partnership agreement that offers the region’s Peugeot and Citroën dealers access to CDK Global’s new integrated dealer management system — Autoline Drive. Officials explained the move by PSA to enhance DMS provision across its network is part of the “ic@n framework” — PSA’s streamlining of its […] [Read More]

While most of the time a used-car shopper isn’t going to stray far from home to buy a vehicle, in certain cases it actually makes more financial sense for them to take a flight to a city where car prices are considerably less expensive. Or as CarGurus puts it, “Fly to Buy.” Analysts with the company […] [Read More]

Overall used-vehicle values are high, hoisted by truck prices strong enough to pull weakened used cars along for the ride. It’s a trend most analysts who measure how the growing onslaught of off-lease cars and trucks impact used-vehicle prices expect to continue, at least for the rest of 2017. But they also expect laws of supply […] [Read More]

In our second podcast from the Boston area, we chat with Sam Zales, chief revenue officer at CarGurus.  Inside the company's Cambridge, Mass., headquarters, Sam and Auto Remarketing's Joe Overby talk transparency in car-buying, the backbone of CarGurus, moving to the upper-funnel of the shopping process and more. Plus, Sam shares how being a Jets […] [Read More]

While fears of vehicle depreciation have not changed much in eight years, it appears the likelihood a consumer regrets the specific vehicle he or she bought has climbed. That’s according to a Google Consumer Survey fielded on March 29 and commissioned by CarMax, which examined car-buying preferences and attitudes of online consumers who have purchased […] [Read More]

The Cars.com annual ranking of the "most-American" vehicles has not only been revamped this year, but for the first time, the Jeep Wrangler/Wrangler Unlimited tops the company's list, followed by the Jeep Cherokee in second place. All engines and roughly all transmissions for the Ohio-built SUVs from Fiat Chrysler Automobiles originate from the U.S., according to Cars.com. The models’ […] [Read More]

In celebration of July 4th, Swapalease.com has come out with some patriotic fun facts about what Americans are driving. Though men and women may share the same anticipation for the holiday, Swapalease says that males drive American-made cars considerably more than females. While 67 percent of men drive American-made cars, the site found that just 44 […] [Read More]

In what could be good news for the automotive industry, Fitch Ratings projected in its latest Global Economic Outlook (GEO) that the recovery in global growth is strengthening and is expected to pick up to 2.9 percent this year and peak at 3.1 percent in 2018, which would be the highest rate since 2010. “Faster […] [Read More]

Consumers’ loyalty to midsize sedans is currently strong and shopper interest across all luxury SUV/CUV segments is up 2 percent from April, according to Jumpstart Automotive Media’s latest shopper interest data report. Interest in midsize sedans across Jumpstart’s portfolio of sites is up for the second consecutive month, rising by 4 percent during April and May. […] [Read More]