Even as liability proceedings regarding the automaker’s ignition switch recall unfolded Friday afternoon in a U.S. Bankruptcy Court in Manhattan, analysis from both Kelley Blue Book and Edmunds.com show that shoppers don’t appear to be shying away models from General Motors. New survey data of Kelley Blue Book website users indicated only 5 percent of […] [Read More]

Although final numbers are still being sorted out, April’s used-vehicle sales likely reached a summit just a shade under 4 million, according to CNW Research, which said this would beat year-ago numbers by 3.7 percent. The firm put out its latest Retail Automotive Summary on Wednesday, not long before many automakers were releasing monthly certified […] [Read More]

In one particular piece of The Blue Sky Report from Haig Partners, the firm emphasizes the often strong profitability of a dealer’s pre-owned operation, while also illustrating the importance of that department with this key statistic: The share of total retail unit sales for franchised dealers that used vehicles accounted for in 2013 was more […] [Read More]

Late last week, a trio of Federal Trade Commission staffers released a blog post asserting car shoppers should be able to decide how they shop for their next vehicle, in regards to the ongoing controversy and legal battle Tesla’s direct-to-consumer sales model has sparked in the dealer community. It didn’t take long for NADA to […] [Read More]

Car buying is an expensive proposition. Nobody wants go wrong when it comes to closing such a deal. And this is exactly why women buyers take the time to shop around, research online, and are twice (50 percent) as likely to read car dealer reviews, before they make their final car buying decision. To close […] [Read More]

The string of consecutive year-over-year increases in same-store used retail sales has reached 19 quarters, according to a recent post on Manheim Consulting chief economist Tom Webb’s blog. Market conditions, tough as they may have been, and steep comps couldn’t deter growth for the retailers, whose streak of quarterly gains is now approaching five years. […] [Read More]

Though initial projections for April’s used-car sales total vary a bit, it appears the market should well exceed 3 million units sold for the month. TrueCar is forecasting just over 3.4 million used sales for April, with a new-to-used ratio of approximately 1-to-2.5.  Meanwhile, over at Edmunds.com, analysts are projecting 3.08 million used-car sales this […] [Read More]

On top of announcing impressive pre-owned sales results for the first quarter on Wednesday, Asbury Automotive Group executives also revealed plans to follow CarMax and other competitors into the stand-alone used-car retailing space. Company leaders said in Asbury’s conference call to discuss Q1 results that the move was fueled in part by significant growth in […] [Read More]

Leadership, determination, inspiration, creativity. What do all these traits have in common? They have all been demonstrated by each member of the 2014 Women in Remarketing class. In what we’re proud to call an annual tradition, Auto Remarketing dedicates a special section of our print publication each year to recognize the leading women of the […] [Read More]

Two Asian automakers ranked highest based on consumer-written dealership reviews, according to the Consumer Rating Index (CRI) for Auto Manufacturers released by DealerRater. Topping the list among luxury brand was Lexus, while Hyundai headlined the list for mass market manufacturers. Along with overall rankings, the CRI ranked automotive manufacturers within the “Luxury” and “Mass Market” […] [Read More]