Through April, the auction volume of vehicles 5 years old or newer has climbed 6.5% in 2019, a year expected to be the peak in supply for this age group of vehicles. That’s according to the latest Guidelines report from J.D. Power Valuation Services, which said auction volume of vehicles 5 years old or newer […] [Read More]

Friday and Sunday marked dates for important victories gained by franchised dealerships who have been closely watching activities at the White House and how their businesses might be impacted. Before the weekend, President Trump delayed proposed auto tariffs on Europe and Japan for six months, drawing cheers from both the National Automobile Dealers Association (NADA) […] [Read More]

Autotrader executive editor Brian Moody says all certified pre-owned vehicle programs are great. But some, he added, stand out from the crowd. In this case, he is referring to Hyundai and Lexus. Autotrader says Hyundai's CPO program is a clear leader in the non-luxury pack, mainly because of its 10-year or 100,000-mile powertrain warranty, the […] [Read More]

In his 10 years as president and chief executive officer with J.D. Power, Finbarr O’Neill helped lead the company through a time of expansion into data and analytics, as well as the integration of acquisitions such as the NADA Used Car Guide and the used car pricing consumer website, National Appraisal Guides. Now, with the […] [Read More]

The days of sports cars and luxury sedans dominating the lease market might be over. That’s according to car lease marketplace, Swapalease.com. In its first quarter 2019 Auto Lease Trends Report, Swapalease.com is asking the question, “Is the luxury sports sedan lease dead?” Swapalease.com executive vice president Scot Hall says luxury sports sedans are at […] [Read More]

Your efforts to get cars from reconditioning to sale-ready faster will always hit speed bumps — that is until everyone involved enjoys the freedom to practice proactive accountability for themselves and teammates. Practicing seamless proactive accountability is critical if you want to transform recon operations to increase inventory turns and hold gross margin. Where accountability is […] [Read More]

Many young professionals under the age of 40 are taking leadership roles at auctions, dealerships, banks, automakers, remarketing organizations, financial institutions, industry vendors/partners, tech companies, industry associations and beyond.  That is why Auto Remarketing is excited for our fifth annual Remarketing & Used-Car Industry’s 40 Under 40. We are looking for nominees across the spectrum of the used-car and remarketing […] [Read More]

The data is in, and it shows that consumers are ready for an autonomous future in terms of vehicles. But they are not only ready — they are excited about it. A new study from the Capgemini Research Institute finds that consumer preference for riding in self-driving cars could double within the next 10 years. Thirty […] [Read More]

U.S. Rep. Roger Williams (R-Texas) has strong feelings about the importance of the used-vehicle market. “It’s growing, because the price of new cars is getting so high, and people are basically payment buyers,” Williams said. “The price of used cars is going up proportionally. “So maybe a person could budget $500 a month, and it […] [Read More]

Enterprise Holdings’ chief executive officer Pam Nicholson, president and chief operating officer Christine Taylor, and Enterprise Holdings Foundation president Carolyn Kindle Betz have something in common. They started out in the company’s management training program. “We firmly believe in the power of the Enterprise Management Training Program, primarily because we've watched it take some of our greatest leaders […] [Read More]