A majority of car shoppers are optimistic about the health of the economy. The economic experts, not so much. Signs are indicating that the next recession is looming right around the corner, but 65 percent of respondents said they expected that their household would be better off financially in a year than it was currently, a […] [Read More]

The top 15 cars that original owners keep for 15 years or more are exclusively Japanese models and predominantly Toyotas, according to a new study by iSeeCars.com. Earning the top spot is the Toyota Highlander midsize SUV, with 18.5 percent of original owners keeping the vehicle for 15 years or more, two and a half […] [Read More]

When it comes to repeat business for automotive makes and models, customer loyalty associated with the certified pre-owned vehicle market significantly outperforms those associated with traditional used-vehicle offerings. However, dealers who want to push the CPO product are challenged by a lack of consumer awareness. New data from J.D. Power shows that, on average, buyers […] [Read More]

Honda came out on top in the 2019 AutoWeb Buyer’s Choice Awards with five wins in the categories of hatchback, van, sedan, compact, and small SUV, with the 2019 Honda Accord winning Best Car of the Year and the 2019 Honda CR-V winning Best Utility Vehicle of the Year.  General Motors won four category awards […] [Read More]

In a quarter that showed a “notable negative turn in overall dealer sentiment,” even the used-car side of the dealership is seeing a bit less optimism these days, according to the Q4 2018 Cox Automotive Dealer Sentiment Index released this week. “The fourth quarter represented a notable negative turn in overall dealer sentiment and their […] [Read More]

Long gone are the days of vehicle engines with carburetors and car radios only capable of tuning AM stations. Technology dominates the convenience and safety features of modern vehicles. With Edmunds set to announce tech-driven awards next month, Autotrader put together its list this week of the Best New Automotive Technology for 2019. Autotrader editors […] [Read More]

In this episode, recorded on site at Used Car Week in Scottsdale, Ariz., Joe talks with Jim Williams, the senior vice president of logistics for Cox Automotive Inventory Solutions. They chat about some of the opportunity for logistics and transportation companies in the mobility space and other avenues for innovation. Plus, how the transport and […] [Read More]

HyreCar and Sansone Jr.’s 66 Automall are collaborating to help consumers with soft credit histories who are looking to drive for programs such as Uber and Lyft. On Tuesday, HyreCar, the carsharing marketplace for ridesharing, announced that it has launched a free credit repair program for new rideshare drivers in New Jersey and Pennsylvania in […] [Read More]

Data from the Hearst families of companies — including Jumpstart Automotive and Black Book — showed how consumers continue to shift their interest toward used vehicles as new models become more expensive. However, Cox Automotive’s collection of experts reiterated that automakers certainly are not decelerating their efforts to keep new metal turning, using incentives and […] [Read More]

Chances are, if you watch TV tonight, you will see a holiday-themed car commercial about the savings that can be had on a new vehicle But as it turns out, the discounts on some used vehicles are merry and bright, as well. According to an iSeeCars.com analysis of 2.4 million sales of 1- to 5-year-old […] [Read More]