In my more than 15 years in the auto industry, I’ve seen various ups and downs in the market as well as both wild optimism and doom and gloom. We’ve experienced record-breaking new-car sales the last few years, and as we dive deep into 2018, most dealers are optimistic that we’ll continue to enjoy strong […] [Read More]

Japanese brands produce the most models that owners keep for 15 years or longer, according to a new study by iSeeCars.com. The study found that 14 Japanese models and one German import are at least 1.6 times more likely than average to be kept by the original owners for 15 years or more. Toyota dominates […] [Read More]

Despite the safety and price concerns many U.S. consumers still have regarding autonomous vehicles, this year, far fewer people feel that autonomous cars will not be safe, according to the 2018 Deloitte Global Automotive Consumer Study. The study found that only 47 percent of U.S. consumers view autonomous cars as unsafe, compared to 74 percent […] [Read More]

AutoWeb, formerly Autobytel, on Monday announced the winners of the 2018 AutoWeb Buyer’s Choice Awards, which included mentions for nine different automakers. Leading the way with the most honors was Honda, which secured five wins for sedan, compact, hatchback, van and small SUV. Honda was also named winner for two overall awards for the Best […] [Read More]

Despite a decline in new-car sales projected for a second straight year, analysts say the industry is both healthy and entered the new year with a growing U.S. economy. This year, Cox Automotive senior economist and senior director of industry insights Charlie Chesbrough suggests that the new-vehicle market is following the overall trajectory of the U.S. economy, but he […] [Read More]

Many individuals make a New Year’s resolution to broaden their knowledge base. For industry professionals who made that kind of commitment, especially ones who are involved or are interested in auto finance, the first episode of the Auto Remarketing Podcast of 2018 is geared for you. Before the holidays, Nick had a conversation with Hudson […] [Read More]

Following Cyber Monday’s recent record-breaking sales, Aaron Krane at Drive Motors predicted online checkout could be a difference maker for dealers competing for transactions during the holidays and year-round. Though the overall volume in online orders does drop around the Christmas and New Year’s holidays, it doesn’t drop very much — only about 25 percent — […] [Read More]

The volume of late-model vehicles in the auction lanes slowed down slightly in the last full month of fall, but the latest year-to-date data and forecasts for coming years indicate big spikes in supply. According to the latest Guidelines report from J.D. Power Valuation Services, there was a 0.8-percent month-over-month decline in late-model auction volume […] [Read More]

The entire team at Auto Remarketing, Auto Remarketing Canada, SubPrime Auto Finance News, BHPH Report and all of Cherokee Media Group wishes you a safe and happy holiday season and best wishes for the new year. This issue of Auto Remarketing Today PM will be the final regularly scheduled e-newsletter from our team in 2017 before we take a holiday break. […] [Read More]

It would appear that the post-hurricane recovery that drove wholesale used-car prices higher is no longer having that same impact. And though full-year figures are expected to climb, used-car retail sales softened a bit last month. But look for a used-car retail market that challenges the new-car market, amid heavy lease returns adding fuel to […] [Read More]