What cars do owners hold onto the longest? Besides the fact that vehicles are lasting longer today than ever before, this is a valuable question — a question whose answer could potentially increase service revenues and make valuable trade-in prospects. iSeeCars.com took a look at over 395,000 used cars from model year 2005, sold by […] [Read More]

MetroGistics announced Thursday that its 4th Annual Monster Mash Halloween costume party fundraiser on Oct. 3 netted nearly $15,500 for two nearby charities. Hosted in the Soulard Preservation Hall in St. Louis, the event raised funds for the Humane Society of St. Clair County, Mich., and Helping Strays, the Human Society of Monroe County, Ill. […] [Read More]

Are you prepared for potentially more Volkswagen diesel trade-ins on your lot? While, of course, there is no guarantee that VW TDI owners will try to trade out of their rides, it's a scenario worth being ready for, at least.  With recent events in mind — including Volkswagen Group of America’s president and chief executive officer Michael […] [Read More]

Matthias Mueller, Volkswagen AG’s chief executive officer, rallied the OEM's workforce on Tuesday, announcing to a group of over 20,000 employees at VW’s Wolfsburg, Germany plant that a plan is in the works to remedy the company’s recent diesel emissions scandal. With a focus on regaining trust and transparency, a news release from the automaker said Mueller […] [Read More]

How much is the Volkswagen diesel engine emission controversy impacting its certified pre-owned program? It may be too early in the process to tell.  On an EPA investigation update section of the Volkswagen of America website, VW said: "Right now, we’ve put a stop sale on all 2.0L 4-cylinder TDI equipped vehicles (new and certified pre-owned), […] [Read More]

The Insurance Institute for Highway Safety has updated its recommendations for used vehicles for teens — and this insight may come in handy for dealers serving newly licensed young people and their often concerned parents. Interestingly, IIHS said the list of recommended vehicles has grown by more than 50 percent, perhaps a result of the ever-improving quality […] [Read More]

Perhaps owners of Volkswagen diesel vehicles swept up in the recent controversy aren’t unloading these units in droves. However, recent data from Kelley Blue Book and Autotrader indicated that these consumers are at least acquiring more information about what their vehicle still might be worth. According to Kelley Blue Book’s recent website metrics, Volkswagen TDI trade-in […] [Read More]

It seems consumers were looking forward toward the winter-weather months when August rolled around. Medium- and heavy-duty pickup trucks were in high demand last month, and supply is waning. That's according to the latest installment of Autotrader Scarcity Data Analysis provided to Auto Remarketing that covers supply and demand of certified pre-owned and late-model used vehicles. In […] [Read More]

While it may seem we’re swimming through a painfully large number of automotive recalls on a daily basis, that doesn’t change the fact that cars simply last longer, on average, than ever before. This is reflected by the most recent U.S. vehicle registration data from IHS, which shows that the average length of vehicle ownership […] [Read More]

Still on the fence about whether to attend the SubPrime Forum and other parts of Used Car Week? Well straight ahead is a free preview of how the financing dialogues and presentations will unfold with one of leading experts who will be getting the SubPrime Forum started. The next Used Car Week sneak peek webinar […] [Read More]