Analysis
Experian: Vehicles in Operation Figure Reaches Nearly 5-Year High
Tuesday, Nov. 5, 2013, 06:58 AM
Auto Remarketing Staff
It has been almost five years since there the vehicle population was this big. According to the latest Vehicles in Operation market analysis from Experian Automotive, there were 247.9 million cars and light trucks on the road during the second quarter. The last time the VIO figure was this high was the third quarter of […] [Read More]
NYC: Best Place to Find a Low-Priced Used Car?
Friday, Nov. 1, 2013, 05:58 AM
Auto Remarketing Staff
It may arguably be the most expensive place to rent an apartment, catch a play or enjoy a steak, but when it comes to having the best deals on used cars, the Big Apple might as well be the Big Steal. According to iSeeCars, New York City tops the list of cities when it comes […] [Read More]
MetroGistics Raises More Than $19K for Animal Charities
Friday, Nov. 1, 2013, 05:54 AM
Auto Remarketing Staff
A Halloween party and costume event that brought out witches, ghosts, vampires and other costumers, the second annual MetroGistics Monster Mash fundraiser earlier this month raised more than $19,000 for three charities: Humane Society of Monroe County, Ill., Humane Society of St. Clair County, Mich., and Project VIP (Very Important Pets). MetroGistics, a full-service transportation […] [Read More]
Banks: Don’t Be Misled by October’s Data
Thursday, Oct. 31, 2013, 05:57 AM
Auto Remarketing Staff
With today being Halloween, Jonathan Banks warned about being tricked by the data being generated by the industry recently. The executive automotive analyst from NADA Used Car Guide explained his points during a recent online video post after the firm released its latest issue of Guidelines. “When taken at face value, that statistics for both […] [Read More]
Potratz: Do You Make This Mistake With Your Team?
Wednesday, Oct. 30, 2013, 12:15 PM
Auto Remarketing Staff
Paul Potratz has attended a host of auto industry conferences in Las Vegas. But during his most recent visit to Sin City, the chief operating officer and founder of Potratz Partners Advertising said he learned about something that’s missing from most organizations, especially dealerships. In his latest video in the online series, “Think Tank Tuesday,” […] [Read More]
Experian: Used Registrations Climb 2.7 Percent in Q2
Wednesday, Oct. 30, 2013, 12:15 PM
Auto Remarketing Editor Joe Overby
Slightly more than half of the nearly 248 million vehicles on U.S. roads during the second quarter came from the 2000 through 2008 model years, according to Experian Automotive. This was just one of several interesting used-car tidbits tweeted by Experian during its Automotive Market Trends and Registrations webinar chat on Tuesday afternoon. The aforementioned […] [Read More]
Latest Dataium Automotive Shopper Intensity Index Softens
Wednesday, Oct. 30, 2013, 12:15 PM
Auto Remarketing Staff
While noticing a surge in interest for retiring Volvo, BMW models, Dataium reported a softening in its monthly Automotive Shopper Intensity (ASI) Index for September. Analysts pegged the ASI Index drop-off at 9.87 percent compared to the previous month. Dataium predicted the new-model retail SAAR for October would come in at 12.9 million units. The […] [Read More]
10 Biggest Gains, 10 Steepest Declines in Used-Car Prices
Tuesday, Oct. 29, 2013, 05:58 AM
Auto Remarketing Staff
Used-vehicle prices this month stayed at relatively the same spot they were during their low point in June, according to Cars.com, which said the used model with the most significant price movement in October — up or down — was the Nissan Quest. The minivan’s prices on Oct. 1 was down 3.6 percent from the […] [Read More]
Domestic and European OEMs Stake Claim in Consumer Reports’ Annual Auto Reliability Rankings
Tuesday, Oct. 29, 2013, 05:56 AM
Auto Remarketing Staff
Japanese brands usually make up most of the honorees in Consumer Reports Annual Auto Reliability rankings, but the 2013 edition includes a good representation from domestic and European automakers. In fact, three of the Top 10 spots went to those other OEMs as Audi, Volvo, and GMC captured accolades in the survey released on Monday […] [Read More]
Common Mistakes In Dealership Advertising
Monday, Oct. 28, 2013, 05:57 AM
Auto Remarketing Staff
Unfortunately, more options for advertising and digital marketing also leaves more room for mistakes. In an effort to help dealers avoid what he calls the “common mistakes” of vehicle advertising, Potratz Partners Advertising chief marketing officer Dennis Galbraith covered this very topic in his latest “Hard Facts” video report. Galbraith starts off by breaking advertising […] [Read More]