U.S. consumers seeking a more fuel-efficient and cost-effective alternative to traditional gas-powered cars are now looking at hybrids rather than battery electric vehicles, according to a new study by Deloitte. The accounting/consulting firm’s 2025 Global Automotive Consumer Study found American consumer intent to purchase a hybrid or plug-in hybrid for their next vehicle rose 5 […] [Read More]

At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards, which expands the program previously known as the Emerging 8. This expanded program will feature analysts, researchers, and leaders who are advancing business intelligence for the automotive industry as well as emerging companies and entrepreneurs charging forward to […] [Read More]

It’s not a surprise to find full-sized pickup trucks at the top of a list of America’s 100 best-selling used vehicles. Nor is it a shock that SUVs dominated that list. It was, however, a bit unexpected to find an electric vehicle in the top 30, and two EVs among the top 75. But that […] [Read More]

In today’s rapidly evolving business landscape, blockchain technology stands out as a transformative force, poised to revolutionize how companies operate, interact and innovate. For stakeholders in the automotive industry, particularly in the used car market, understanding how blockchain can reshape the sector is not just about keeping pace — it’s about seizing opportunities for efficiency, […] [Read More]

Normal. Stable. Those are not necessarily words used to describe the used-vehicle market over the last five years, but 2024 closed with analysts calling wholesale price patterns exactly that. Their specific metrics and methodologies differ, but respective monthly used-car value indices from Black Book and Cox Automotive illustrate a wholesale market that’s perhaps as steady as it has been post-COVID ... [Read More]

The dealership mergers and acquisitions market was brisk in 2024, driven by buyers flush with cash from historically high dealership profits the last few years. But dealership profitability, though still high, is waning. That is one factor that will impact the 2025 buy sell market, which professionals expect to moderate though remain healthy. “The buy sell market in 2025 will be active but quite different,” Alan Haig, president of Haig Partners, told Auto Remarketing. [Read More]

The number of vehicles recalled in 2024 dropped significantly — but unrepaired recalls still represent a major issue on American roads, according to the latest analysis of National Highway Traffic Safety Administration data from BizzyCar. The recall management platform’s 2024 Recall Report found 27.7 million vehicles were affected by recalls issued last year, a decrease […] [Read More]

Welcome to your next stopping point, now it’s time to reflect. How did the past year finish? Like you planned it? Better? Worse? Will 2024 be one to remember – or one you would rather forget? Either way, it’s time to evaluate what went right and what could have gone better, but most important: Why? […] [Read More]

The amount of competition among automotive dealerships makes it one of the most cutthroat industries in the world. Dealerships aren’t just competing with each other; they’re up against local repair shops, body shops, parts stores and more. With departments for sales, service, parts, detailing, and even bodywork, every part of a dealership faces its own […] [Read More]

The Cherokee Media Group team wishes you a safe and happy holiday season and a joyous new year. Friday’s issue of Auto Remarketing PM will be the final regularly scheduled e-newsletter from our team in 2024 before we take a holiday break. The Auto Remarketing e-newsletters will resume with the Auto Remarketing Canada enewsletter the morning of Jan. 2. […] [Read More]