Analysis
Women in Remarketing: Julie Derybowski
Wednesday, Apr. 12, 2017, 08:14 PM
Auto Remarketing Staff
Below is a Q&A with Julie Derybowski, executive director of operations at TradeRev and a 2017 Women in Remarketing honoree. Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Julie Derybowski: It all started when I was in high school with my first […] [Read More]
Women in Remarketing: Sarah Amico
Wednesday, Apr. 12, 2017, 08:04 PM
Auto Remarketing Staff
Below is a Q&A with Sarah Amico, executive chairman of Jack Cooper Holdings Corp. and a 2017 Women in Remarketing honoree. Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Sarah Amico: I suppose it was a little bit of destiny for me […] [Read More]
131 safest & affordable used models for teen drivers
Wednesday, Apr. 12, 2017, 02:21 PM
Auto Remarketing Staff
If your dealership has a potential buyer looking for a vehicle for a teenage driver, there’s a good chance one of the 49 “best choices” or one of the 82 “good choices” selected by the Insurance Institute for Highway Safety (IIHS) is likely in your inventory. There are 131 models on these lists even though […] [Read More]
Ford’s Hinrichs watching, not ‘worried’ over, off-lease volume
Tuesday, Apr. 11, 2017, 09:20 PM
Joe Overby, Senior Editor
Ford executive Joe Hinrichs isn’t fretting over off-lease volumes hitting the auto market, but it is something he is watching. The off-lease volumes — particularly in the car segments, where supply and demand aren't exactly matching these days — isn’t necessarily going to dramatically change the way Ford runs its business, he said. That […] [Read More]
Copart opens 6th Brazil location
Tuesday, Apr. 11, 2017, 06:05 PM
Auto Remarketing Staff
On Tuesday, Copart announced the opening of a new location in Betim, Minas Gerais — the company’s sixth location in Brazil. Copart's Betim location is in the metropolitan area of Belo Horizonte and will offer a wide selection of salvage and used vehicles, according to the company. "The new location in Betim supports us with […] [Read More]
Subaru leads KBB Brand Image Awards 2nd straight year
Tuesday, Apr. 11, 2017, 05:06 PM
Auto Remarketing Staff
Kelley Blue Book revealed its 2017 Brand Image Award winners on Tuesday — Subaru, Lexus and Ford took the top spots after receiving the highest average scores among 12 brand watch factors. This year, Subaru not only took home the title of Best Overall Brand for the second consecutive year, the brand has also been named […] [Read More]
Toyota, Mercedes take top spots in ALG Pre-Owned Awards
Monday, Apr. 10, 2017, 01:57 PM
Auto Remarketing Staff
Toyota and Mercedes-Benz have earned top mainstream and luxury brand honors, respectively, in the second annual ALG Pre-Owned Values Awards. The awards, announced Monday, recognize the 2-year-old vehicles expected to retain the most value over the next three years, ALG said in a news release. In addition to the overall brand winners, the POVA’s recognize […] [Read More]
Used-car impact of likely EV tax credit elimination
Friday, Apr. 7, 2017, 07:39 PM
Joe Overby, Senior Editor
The elimination of federal tax incentives would mean a fender-bender, if not a more serious “crash,” in the electric vehicle market, according to a report released Friday by Edmunds. And there certainly are some implications for the pre-owned side of the EV market. Would a lack of a tax credit on the new EV side indirectly […] [Read More]
Cox launches webinars to help boost wholesale & retail
Friday, Apr. 7, 2017, 06:55 PM
Auto Remarketing Staff
Cox Automotive announced that on Monday, the company will launch Flash Forum, a new complimentary educational webinar series created to instruct dealers on how to improve results and successfully grow their wholesale and retail operations. Cox Automotive’s client education services team and subject-matter experts from the company’s various brands will host the 30-minute webinars. The […] [Read More]
Sedan sales falloff more damaging to creditors than dealers
Thursday, Apr. 6, 2017, 06:40 PM
Chris Hart-Williams, Staff Writer
Following the first-quarter, the growing demand for light trucks over cars will continue to be noticeable, but this will likely be more of a quandary for creditors rather than dealers, says National Automobile Dealers Association chief economist Steven Szakaly. “The falloff in those sedan prices and then the returns of those leases are much more […] [Read More]