The pool of vehicles in the U.S. is getting larger. As of June 30, there were more than 249 million cars on American roads — and the average age of these vehicles inched up from where it was a year ago. That’s according to the latest Experian Automotive Quarterly Briefing released this week, which dissected […] [Read More]

The National Highway Traffic Safety Administration will be examined in a Senate subcommittee hearing next week. Announced this week by the U.S. Senate Committee on Commerce, Science, and Transportation, the Subcommittee on Consumer Protection, Product Safety, and Insurance will host the hearing on Tuesday at 2:30 p.m. EST. The hearing, titled “Oversight of and Policy […] [Read More]

The latest installment of the Auto Remarketing Training Series — a free webinar featuring experts from Automotive Internet Media (AIM) and Manheim — is set to give dealers another round of training they need to make better inventory decision to improve sales and gross profit. The upcoming free webinar is scheduled for 2 p.m. ET […] [Read More]

General Motors spent much of the first half of the year handling crisis control over its massive amount of vehicle recalls, including the ignition switch problems in discontinued models. Now with autumn less than two weeks away, NADA Used Car Guide is finding only marginal impact left on the brand and its vehicles. Analysts explained […] [Read More]

Used-car sales fell for the third straight month, but the mood among many dealers still seems to be a positive one, according to Tom Webb, who addressed the used retail market as part of his analysis surrounding the monthly Manheim Used Vehicle Index. Webb, chief economist at Manheim, points to CNW Research data indicating that […] [Read More]

As Auto Remarketing investigated an area where the impact of recalls might be more pronounced for its special National Auto Auction Association Convention issue, both Fitch Ratings and NADA Used Car Guide released analyses on Tuesday stating that the effects from the record-setting year of campaigns might be muted. First when considering vehicles included in rental […] [Read More]

The turn rates for dealers on their used cars have been steady with year-ago figures, according to Edmunds.com, which also explained the recent changes in the pre-owned supply-to-demand ratio and how they have impacted turn times. Edmunds said in its Q2 Used Vehicle Market Report that days-to-turn on used cars during the second quarter was at 37, […] [Read More]

As the month draws to a close this coming Labor Day weekend, a few industry observers offered their predictions this week on what the final August tally will look like for used-vehicle sales. Starting with Cars.com, chief analyst Jesse Toprak says a strong certified pre-owned market along with credit availability has helped push used-car sales […] [Read More]

Milllennials spend over two hours more on car shopping than the general population, and most of that is done online. And the Web is also where these shoppers are most likely to be influenced when it comes to deciding on which car to buy. So what can dealers do to bulk up their Internet presence […] [Read More]

Both used- and new-vehicle retail sales are moving higher, but the annual automotive report associated with the American Customer Satisfaction Index (ACSI) showed consumer satisfaction softened for the second year in a row. Mentioning widespread decline among a wide array of brands, the 2014 ACSI Automobile Report indicated diminishing customer satisfaction produced an overall ACSI […] [Read More]