Analysis
AR’s 25th: Q&A with publisher Bill Zadeits
Monday, Nov. 28, 2016, 08:51 PM
Joe Overby, Senior Editor
It’s Election Day, but that isn’t exactly why Bill Zadeits is busy on this particular Tuesday. There are neat stacks of documents on the round table in his office — all cookie-crumbs of preparation as the Auto Remarketing publisher readies himself for another Used Car Week, just six days away. It’s the magazine’s signature event, and […] [Read More]
How wholesale & retail markets look through 11 months
Wednesday, Nov. 23, 2016, 06:09 PM
Joe Overby, Senior Editor
There have been 3.84 million auction sales of vehicles age 8 or younger so far this year (through Oct. 24), according to NADA Used Car Guide. This is a 7-percent hike from the same period of 2015, and the gain for late-model volume is even stronger. The company said in its latest Guidelines report that […] [Read More]
11 findings from post-election shopper survey
Wednesday, Nov. 23, 2016, 04:46 PM
Auto Remarketing Staff
CarGurus conducted a survey of more than 1,000 U.S. consumers to gather their opinions around how the recent presidential election will impact the automotive industry and their plans to buy a vehicle. Overall, survey findings showed many expect both vehicle and gas prices to increase, and even more expect to see fewer government incentives for […] [Read More]
Vehicles in operation at record high; later-model to climb
Wednesday, Nov. 23, 2016, 04:07 PM
Joe Overby, Senior Editor
There are more vehicles on U.S. roads today than ever before. And later-model vehicles should have nice lift in volume over the next few years, according to a report from IHS Markit. The analysis indicates that there are more than 264 million registrations for light vehicles in operation in the U.S. Not only is this […] [Read More]
Data shows car theft uptick around Black Friday
Tuesday, Nov. 22, 2016, 09:33 PM
Auto Remarketing Staff
The National Insurance Crime Bureau released new data on Wednesday that shows the total number of vehicle thefts reported during holidays last year. Holiday vehicle thieves in 2015 were their busiest on Halloween, 2,238 vehicle thefts were reported according to NICB's 2015 Annual Holiday Vehicle Theft Report. New Year's Eve day saw 2,227 vehicle thefts. Though […] [Read More]
How Trump election impacted dealership M&A activity
Tuesday, Nov. 22, 2016, 09:18 PM
Auto Remarketing Staff
Chalk up dealerships changing hands as another industry component being impacted by the presidential election. According to analysis from the Blue Sky Report released on Tuesday, dealership M&A activity declined by 7 percent year-over-year during the first nine months of 2016. Kerrigan Advisors, which publishes Blue Sky Report each quarter, explained that sellers are likely […] [Read More]
Turkey sandwiches, football … and car-shopping?
Tuesday, Nov. 22, 2016, 08:38 PM
Joe Overby, Senior Editor
Thanksgiving and the next few days after are known for being peak time for college football rivalries, leftover turkey sandwiches and, apparently, car shopping. In fact, Black Friday was ranked by iSeeCars.com as the best time to find a deal on a used car and Thanksgiving wasn’t far behind at No. 3. Not to mention, […] [Read More]
Search Optics dives deep into digital marketing trends
Monday, Nov. 21, 2016, 10:09 PM
Auto Remarketing Staff
Search Optics recently released results from its first annual digital marketing trends survey, which analyzed the needs, wants and decision-making strategies of more than 160 U.S. automotive dealers associated with a variety of leading automotive brands. The phone survey, conducted in partnership with Incept Corporation, yields insight into critical digital marketing challenges facing automotive dealers […] [Read More]
Rental satisfaction highest among those who combine business & leisure
Friday, Nov. 18, 2016, 04:46 PM
Auto Remarketing Staff
You might need to have your bleisure suit dry-cleaned. J.D. Power’s 2016 North American Car Rental Survey found that travelers who rent a car for business and then combine business and leisure are the most satisfied with their car rental experience. While overall satisfaction was higher among business travelers than among leisure travelers (satisfaction score […] [Read More]
Brands offering strongest CPO value
Tuesday, Nov. 15, 2016, 09:45 PM
Auto Remarketing Staff
Unveiled Tuesday at Used Car Week’s CPO Forum were the fourth annual Vincentric Best Certified Pre-Owned Value in America awards. A recap of the winners: Taking top honors in the truck brand category was Chevrolet, recognized for its Silverado lineup. Ford earned recognition in the van category for its T-Series vans. Lincoln took […] [Read More]