Analysis
What lengthening new-car turn times might do to used-car performance
Wednesday, Mar. 1, 2017, 09:43 PM
Nick Zulovich, Staff Writer
Industry observers see trends in the new-vehicle space that are making the delivery of new metal more challenging and, as a result, likely to impact how efficiently dealerships can turn their used-vehicle inventory. Analysts from Autotrader, Edmunds and Kelley Blue Book all shared data and insights with Auto Remarketing on Wednesday that pointed to possible […] [Read More]
Booming car rental trends suggest off-rental unit increase potential
Wednesday, Mar. 1, 2017, 07:47 PM
Auto Remarketing Staff
The global car rental market, which offered an opportunity of $87.07 billion in 2015, is expected to rise at a compound annual growth rate of 14.40 percent during the period from 2014 to 2024, says a recent research report. A report by Transparency Market Research (TMR) suggests the market's valuation is likely to reach $290.07 billion […] [Read More]
From the Editor: Auto Remarketing goes international
Wednesday, Mar. 1, 2017, 05:01 AM
Joe Overby, Senior Editor
Exactly a month from now, several of my co-workers and I will be packing our bags for Toronto, as we make our way north for the annual Auto Remarketing Canada Conference and the Women & Automotive Canadian Leadership Forum. But today, we’re taking the first step toward spreading those international wings even farther. Cherokee Media Group […] [Read More]
3.4 million used-car sales possible in February
Monday, Feb. 27, 2017, 09:28 PM
Joe Overby, Senior Editor
In the first two months of the year, the pre-owned side of the auto industry is pacing towards another year in the neighborhood of 38 million sales. Edmunds is predicting February used-car sales of 3.4 million units. That forecast would translate into a SAAR of 37.9 million. There were 3.0 million used-car sales in January and […] [Read More]
Luxury brands aren’t only ones with long-term quality
Wednesday, Feb. 22, 2017, 07:05 PM
Auto Remarketing Staff
Though luxury brands Lexus and Porsche yield high vehicle dependability, plenty of mainstream vehicle owners are also satisfied with excellent long-term quality, according to the J.D. Power 2017 Vehicle Dependability Study, released Wednesday. Now in its 28th year, the study examines problems experienced within the past 12 months by original owners of 2014 model-year vehicles. […] [Read More]
Vincentric names Toyota & Lexus ‘Best Value in America’
Friday, Feb. 17, 2017, 06:50 PM
Auto Remarketing Staff
Vincentric has revealed the winners of its 13th annual Best Value in America Awards, which name brands and vehicles that provide cost-of-ownership value in various vehicle categories. Vincentric awarded Toyota two of its best value brand awards, one for passenger cars and the other for SUVs/crossovers/vans. “Toyota delivered its impressive performance with eight different model-level […] [Read More]
Age, pricing in used-car market show ‘transition’
Wednesday, Feb. 15, 2017, 09:47 PM
Joe Overby, Senior Editor
“The used market as a whole is definitely in the midst of a significant transition that’s only just starting to accelerate.” That above quote from Edmunds senior analyst Ivan Drury is one of the last sentences in a news release accompanying the company’s latest Used Vehicle Market Report. But it might be the most apt […] [Read More]
Alfa Romeo takes top spot on ‘hot list’ of future collectibles
Friday, Feb. 10, 2017, 09:16 PM
Auto Remarketing Staff
In its "Hagerty Hot List" released on Thursday, Hagerty shared which new 2017 vehicles might one day join the ranks of fully drivable classic collectibles. The list names 10 vehicles in the 2017 production run by major worldwide automakers that valuation experts at the insurance provider for classic vehicles say are likely to grow in value […] [Read More]
Cars with unfixed recalls rise 34% over past year
Friday, Feb. 10, 2017, 05:33 PM
Auto Remarketing Staff
The amount of recalled cars on the road has increased 34 percent since last year and one in four vehicles Americans drive has open recalls, according to research data that Carfax released on Thursday. Carfax estimates that there are more than 63 million recalled vehicles now in use across the country — and many throughout […] [Read More]
Alfa Romeo, Ford & Kia Super Bowl ads bring web traffic spike
Wednesday, Feb. 8, 2017, 04:39 PM
Auto Remarketing Staff
During Super Bowl LI on Sunday, media, insights and marketing solutions company Jumpstart Automotive Media monitored auto shoppers visiting its portfolio of publishers in a time-trended series to see how traffic fluctuated when ads aired. Alfa Romeo, Ford, and Kia saw the highest share of traffic throughout the game according to the data and insights […] [Read More]