Analysis
9 more sponsors & exhibitors now a part of Used Car Week
Thursday, Aug. 20, 2015, 08:07 PM
Auto Remarketing Staff
Nine more automakers, auctions and other industry service providers all wanted to be part of the information and networking activities at Used Car Week and decided to become a part of the expanding list of sponsors and exhibitors. The Cherokee Media Group team organizing this year’s events — which run from Nov. 16-20 at the […] [Read More]
11 used cars that may be strong sells for college students
Wednesday, Aug. 19, 2015, 08:05 PM
Auto Remarketing Staff
If you’re a dealer in college town or a city with a good number of folks ready to head off to school, you may want to pay attention to the latest used-car list from Edmunds.com. The site has pinpointed what it considers to be the 11 best used cars and SUVs for college students, based on their […] [Read More]
Subcompact SUV, crossover marketing takes aim at Gen Y
Wednesday, Aug. 19, 2015, 07:38 PM
Auto Remarketing Staff
Manufacturers of subcompact SUVs and crossovers, worldwide, have a specific demographic in mind when marketing these types of vehicles: young adult, educated, entry-level shoppers. That’s according to a recent analysis by Frost & Sullivan, titled Strategic Analysis of the Global Subcompact SUV and Crossover Market, which presents an analysis of the two areas of significant growth in recent […] [Read More]
Used cars: 1 of 5 keys to boost processes & profits
Tuesday, Aug. 18, 2015, 04:29 PM
Joe Overby, Editor
Dealers making the most out of expected gains in used-vehicle supply are likely to be among those “edging out the competition,” according to the Dealership Action Report released today by DealerSocket. These cars tend to be rather profitable and fast-turning for dealers, and time is of the essence to get your pre-owned department in order. Especially […] [Read More]
Jack Cooper supports Atlanta-area philanthropy
Monday, Aug. 17, 2015, 07:41 PM
Auto Remarketing Staff
Auto transportation and logistics company Jack Cooper announced Monday that it raised over $20,000 for local charities from hosting a recent day-long volunteer event for its employees and company partners. The Used Car Week sponsor says the proceeds will benefit seven charities in the Atlanta metro area and were raised from over 150 volunteers from […] [Read More]
Why online sales outlets want to ‘disrupt’ things
Monday, Aug. 17, 2015, 07:19 PM
Auto Remarketing Staff
Take a quick drive through most communities with more than a few traffic lights and you’ll likely find what dealers might describe as “car row.” You know; it’s that stretch of retail-filled highway where franchised stores especially are clustered together. Well, a wide array of companies are bolstering their resources to take on “this new […] [Read More]
5 more Used Car Week sponsors hop on board
Thursday, Aug. 13, 2015, 06:13 PM
Auto Remarketing Staff
It was an exciting seven days for our conference team here at Cherokee Media Group. In the same week that we and the National Independent Automobile Dealers Association announced that NIADA is joining Used Car Week as one of its industry partners, a quintet of new sponsors (including NIADA) signed on to Used Car Week. […] [Read More]
Rapid EV depreciation poses dilemma for industry, dealers
Tuesday, Aug. 11, 2015, 02:29 PM
Sarah Rubenoff, Staff Writer
Numerous reports highlighting the alarming depreciation rate of electric vehicles have been surfacing, and this trend could be a challenging one for the industry. In fact, many of the 2012 model EVs now cost less than their gas counterparts — surprising, after new premiums were so steep just a few years ago. And Larry Dixon, […] [Read More]
4 questions with Edmunds CEO Avi Steinlauf
Monday, Aug. 10, 2015, 06:00 PM
Auto Remarketing Staff
As we continue our series of features from the Power 300 issue of Auto Remarketing, we turn to a Q&A with Avi Steinlauf, chief executive officer at Edmunds.com. In this story, Steinlauf discusses the grassroots technological ventures at Edmunds, the off-lease environment, the growing online retail space, the certified pre-owned market and more. Auto Remarketing: […] [Read More]
What strong wholesale prices mean for dealers
Friday, Aug. 7, 2015, 08:02 PM
Joe Overby, Editor
While strong used-car prices likely comes as good news for folks selling used vehicles in the wholesale markets, there are also a few positive implications for dealers on the retail side. According to the latest Manheim Used Vehicle Value Index report, wholesale prices were up 1.1 percent year-over-year in July (on a mix-, mileage- and […] [Read More]