Analysis
How Scion’s transition may impact residual values
Wednesday, Feb. 3, 2016, 09:55 PM
Joe Overby, Editor
Don’t expect to see a huge residual value impact from the decision to transition Scion to the Toyota brand. According to Eric Ibara, Kelley Blue Book’s director of residual values, Scion vehicles tend to hold their value better than others. But the challenge was from increased preference of utility vehicles over cars — something that […] [Read More]
10 cities boasting best car-shopping experience
Wednesday, Feb. 3, 2016, 09:26 PM
Auto Remarketing Staff
Along with hiring an executive for a personnel role, CarGurus released a study this week identifying where consumers report the best vehicle-shopping experiences as measured by customer ratings of dealerships submitted to the site. Topping the list where shoppers gave the highest percentage of perfect five-star reviews when rating their dealership buying experiences was Nashville, […] [Read More]
No falling LEAF values — here’s why
Tuesday, Feb. 2, 2016, 09:19 PM
Joe Overby, Editor
The car whose late-model auction values showed the most positive change during the fourth quarter? According to a Kelley Blue Book analysis, it was an electric vehicle: the Nissan LEAF. This took place, even amid gas prices that tumbled more than 14 percent. Specifically, KBB Auction Values on model-years 2012 through 2014 LEAF vehicles were up […] [Read More]
Caucuses & car trends: What do Iowans drive?
Monday, Feb. 1, 2016, 08:41 PM
Auto Remarketing Staff
Bernie Sanders or Hillary Clinton? Donald Trump or Ted Cruz? These folks may be the current polling frontrunners in the state of Iowa, which was set to hold its caucuses Monday night, but the state’s frontrunners in the new automotive space are a bit clearer: They tend to buy American. A recent analysis of 2015 new-car registration data by […] [Read More]
Jabaay: Are record new-car sales here to stay?
Wednesday, Jan. 27, 2016, 07:03 PM
Jim Jabaay, LotVantage
In his State of the Union Address, President Obama gave a shout-out to the auto industry, touting its best year ever. I’ve been cautiously optimistic about the return of the auto industry, but it got me thinking — can this resurgence last? U.S. automotive sales in 2015 were the highest on record with 17.5 million […] [Read More]
391K Ford Rangers now in Takata airbag inflator recall tally
Tuesday, Jan. 26, 2016, 07:51 PM
Josh Hyatt, Staff Writer
Ford Motor Co. announced Tuesday that all Ford Rangers from model years 2004 to 2006 are now recalled for potentially faulty driver-side airbag inflators. This follows news of an estimated 5-million-vehicle expansion of the series of Takata airbag inflator recalls revealed Friday Ford's action affects a total of 391,394 Rangers, 361,692 of which are in the United States and its territories […] [Read More]
Teens not as focused on 1st vehicles as generations past
Monday, Jan. 25, 2016, 08:44 PM
Auto Remarketing Staff
The impact of millennials on the auto market in coming years is a widely disputed topic — some say the demographic couldn’t care less about cars, while others emphasize that millennials view their vehicles as an extension of their personality and won’t stop purchasing cars anytime soon. The jury is still out. However, one recent study […] [Read More]
KBB analyst: Automakers should be proactive about Takata
Friday, Jan. 22, 2016, 09:06 PM
Joe Overby, Editor
The expanded Takata recalls dominating the news on Friday reinforces the need for automakers to get more proactive in informing consumers, says a senior analyst with Kelley Blue Book. In comments the company shared Friday with the media, KBB senior analyst Rebecca Lindland said automakers impacted by the Takata airbag crisis shouldn’t rely on consumers […] [Read More]
Consumer advocates ask NHTSA to mandate safety features
Thursday, Jan. 21, 2016, 07:19 PM
Josh Hyatt, Staff Writer
While the federal government has legislative updates on its mind in anticipation of future groundbreaking technologies, like autonomous vehicles, various consumer protection agencies are getting in on the conversation in hopes of making changes for consumer safety. In a formal petition, created by Consumer Watchdog, the Center for Auto Safety and Joan Claybrook (former NHTSA […] [Read More]
In car market, ‘Facebook can impact final purchase decision’
Thursday, Jan. 21, 2016, 02:07 PM
Joe Overby, Editor
You post a fun picture of you and the family from the holidays, and what happens? Dozens of likes, comments and maybe even a new friend request or two. Big news breaks, and one of your friends posts an article with an interesting angle to that story, so you click to learn more. Point is, […] [Read More]