Analysis
RVI: Where Will Used-Car Prices be in 2018?
Friday, Oct. 4, 2013, 05:59 AM
Auto Remarketing Staff
Used-car supply remains tight, despite slight loosening over the course of this year. Why, then, do prices seem to be on the way down? In the latest RVI Risk Outlook, officials explained that on top of seasonality, there are a few factors pushing this trend. As used-car prices saw a slight 0.2-percent monthly decrease in […] [Read More]
How Will the Government Shutdown Impact the Auto Industry?
Thursday, Oct. 3, 2013, 05:59 AM
Sarah Rubenoff
On the third day of the first partial U.S. government shutdown in 17 years, Congress will continue its negotiation efforts to pass a series of bills to fund the government. In the meantime, the country waits, as does the automotive industry. The effects of the shutdown on the automotive sector are arising in a few […] [Read More]
J.D. Power Shares Lineup Leaders for Upcoming Automotive Marketing Roundtable
Wednesday, Oct. 2, 2013, 05:54 AM
Auto Remarketing Staff
J.D. Power is gearing up for its annual Automotive Marketing Roundtable later this month that will focus on all facets of online automotive marketing. The company revealed some of the scheduled speakers this week, with more than 75 of the industry’s leaders on the docket. Some of the scheduled special keynote speakers and panelists include: […] [Read More]
2 Models Sparking Consumer Interest in Used Full-Size Cars
Tuesday, Oct. 1, 2013, 02:23 PM
Auto Remarketing Editor Joe Overby
The share of used-vehicle retail site traffic for full-size cars on KBB.com during September climbed more than 7 percent from August, and the two models driving this surge also happened to be the same ones leading activity growth among all 2007-2011 model-year vehicles on the site. That’s according to the Hot Used-Car Report released by […] [Read More]
How Online Reputation Management Helped a Florida Dealer More than Triple Used-Car Sales
Tuesday, Oct. 1, 2013, 05:59 AM
Auto Remarketing Editor Joe Overby
Put aside, for a minute, the fact that Bozard Ford Lincoln has generated more than 1,300 reviews since implementing an online reputation management program three years ago. Consider how far monthly used-vehicle sales have climbed for the St. Augustine, Fla., dealership during this time. They have nearly quadrupled, climbing from 35 used vehicles sold each […] [Read More]
Ally & NADA Survey: Two-Thirds of Dealers to Increase Charitable Contributions
Tuesday, Oct. 1, 2013, 05:55 AM
Auto Remarketing Staff
A recent survey by Ally Financial and the National Automobile Dealers Association highlighted how much dealers are continuing to give back to their local communities through donations and volunteerism. Survey results showed nearly 65 percent of respondents are increasing charitable contributions this year compared to a year ago. The 2013 Dealer Charitable Survey, which polled […] [Read More]
Auto Remarketing Canada Introduces the Power 120
Monday, Sep. 30, 2013, 05:54 AM
Auto Remarketing Canada Editor Sarah Rubenoff
From the creators of the Auto Remarketing Power 250 comes the inaugural Auto Remarketing Canada Power 120. Auto Remarketing’s sister publication for our neighbors to the North highlights the leading companies in the Canadian remarketing industry in its brand new fall issue. As a trade publication, Auto Remarketing Canada sees itself as a partner to […] [Read More]
Luxury Cars Still Have Largest Price Declines, But Which Models Lead Increases?
Friday, Sep. 27, 2013, 06:00 AM
Auto Remarketing Staff
In August, it was used luxury models that were showing the biggest movements on either end of the pricing pendulum. This month? A slightly different story. While luxury models yet again dominated the Top 10 Biggest Price Drops on Cars.com, September’s list of Top 10 Biggest Price Increases was more about moderation in prices — […] [Read More]
Latest KeyBanc Capital Markets Franchised Dealer Survey Reinforces ‘Bullish’ Outlook
Thursday, Sep. 26, 2013, 06:08 AM
Auto Remarketing Staff
Following its monthly survey of dealers and industry contacts conducted in August, KeyBanc Capital Markets said it remains “bullish” on the outlook for franchised dealers based on wide array of factors closely related to these stores. Analysts determined that used-vehicle sales should increase at the compound annual growth rate in the mid-single digits during the […] [Read More]
Ross: Same Old Song and Dance
Tuesday, Sep. 24, 2013, 02:52 PM
Jenell Ross
It must be fall. The air is crisp, football is underway, and here in Ohio the leaves are beginning to changes colors. Oh, and of course, our government is on the verge of a total shutdown. On Friday, while I was in Washington, D.C. for a few meetings, the House of Representatives voted on a […] [Read More]