Car values are still depreciating at a faster rate than their truck values, but the gap has narrowed significantly in the past year, according to Black Book data.  From Dec. 1, 2014 to Dec. 1, 2015, car values depreciated 16.7 percent, versus 8.4 percent depreciation for trucks — a difference of more than 8 percentage […] [Read More]

Any time I hear the word “future,” my mind immediately goes to the “Late Night with Conan O’Brien” show’s “In the Year 2000” sketch. (And something about LaBamba chanting the sketch’s theme always cracks me up.) While I, too, am a smart-aleck with red hair, I could never be as prophetic or hilarious as Conan. […] [Read More]

Six different companies with a significant auto industry presence were named among the 2016 Best Workplaces for Diversity, according to global research and consulting firm Great Place to Work and Fortune. The half-dozen companies included in the rankings based on employees' assessments of workplace fairness, opportunities for training, and access to senior leadership among other […] [Read More]

Dealership GMs wishing to run World Series-style reconditioning centers can borrow a few winning lessons from Joe Maddon, most recently of 2016 Chicago Cubs World Series championship fame. During an interview at Tropicana Field when Madden managed the Tampa Bay Rays, Men’s Journal writer Pat Jordan noted how the future Chicago Cub’s World Series skipper […] [Read More]

You can count the decision by Roger Penske and his team at Penske Automotive Group to acquire standalone used-car retailer CarSense as a wise one, says Autotrader senior analyst Michelle Krebs. “It’s a really smart move, of course,” Krebs said during a phone interview Friday. “Roger doesn’t make any dumb moves.” Penske Automotive announced Thursday […] [Read More]

After two months of decline, certified pre-owned sales climbed 10 percent year-over-year in November, with dealers selling 202,501 CPO units, according to Autodata Corp. That puts the year-to-date sales total at 2.41 million units through 11 months and less than 144,000 units shy of the record 2.55 million vehicles sold in full-year 2015. With year-to-date […] [Read More]

There was a 3-percent uptick in online new-car shopping in November, while used cars showed a 1-percent drop, according to analysis from Dealer.com director of analytics James Grace. The reason for these numbers? A big new-car push from automakers to make up for lost ground as the year draws to an end. “We did a […] [Read More]

Not only is lease penetration riding a record wave, leasing volume may experience a never-before-seen trend in 2016, as well. That’s according to Edmunds.com, which shared commentary from executive director of industry analysis Jessica Caldwell ahead of automakers reporting car sales on Thursday. “Leasing accounts for a larger share of new-car transactions than ever before, […] [Read More]

In honor of Auto Remarketing's 25th anniversary this year — which we are celebrating with our Dec. 1 issue  — 25 reasons, in no particular order, why I’m excited about AR & covering the auto industry: — There is always a new, innovative company to learn about in the used-car business. — We get to interact personally […] [Read More]

On Wednesday, SUVS.com published its list of this year’s top SUVs after examining offerings in each segment. "With SUVs starting to take a majority stake hold in US vehicle purchases, we felt that it would be important to highlight the best options available to consumers," said Sergio Zlobin, principal at Fueled Up, the parent company […] [Read More]