Analysis
IHS Completes Acquisition of Polk & Carfax
Friday, Jul. 19, 2013, 05:55 AM
Auto Remarketing Staff
Earlier this week, IHS completed its acquisition of R.L. Polk & Co., including Carfax, through a deal first announced on June 9 and closed on Monday. IHS president and chief executive officer Scott Key reiterated this week that the combination of Polk with IHS Automotive is designed to create a comprehensive capability that will significantly […] [Read More]
TradeTracker: F-150 Tops the Charts for Most Appraised Vehicle in June
Thursday, Jul. 18, 2013, 01:45 PM
Auto Remarketing Canada Editor Sarah Rubenoff
According to June’s TradeTracker Used Vehicle Market Report, the Ford F150 is back on top as the No. 1 most appraised vehicle in Canada during June, after being ousted from the spot in May when the Mazda 3 topped the charts. These reports are provided monthly to Auto Remarketing Canada and are a result of […] [Read More]
20 Vehicles Shoppers Most Frequently Mentioned in Chat
Thursday, Jul. 18, 2013, 11:00 AM
Auto Remarketing Staff
This morning, Contact At Once is releasing a list of the 20 vehicles that shoppers have mentioned the most in their online chats with dealers this year. The leader of the pack? The Toyota Camry. The company’s semi-annual list of Most Chatted About Vehicles is based on 3.2 million chats hosted between consumers and dealerships […] [Read More]
Buick & Audi Used Models See Biggest Increases in Consumer Activity in June
Tuesday, Jul. 16, 2013, 02:41 PM
Sarah Rubenoff
The brands that saw the biggest surges in consumer interest this past month ranged the gamut from luxury to rugged, domestic and import. Topping the list for the biggest increase in consumer activity in June for used models is Buick, which notched a 7-percent year-over-year increase, according to NADAguides.com data provided in the latest Guidelines […] [Read More]
Black Book: Compact Cars See Biggest Value Drops During June
Monday, Jul. 15, 2013, 07:59 AM
Auto Remarketing Staff
Late last week, Black Book provided its analysis on depreciation during June, which showed that compact cars led the pack, dropping by 2.6 percent in value from May. Average segment values at the end of June were $8,765, a significant 18.9 percent lower than they were during the same time last year. Of course, gas […] [Read More]
KBB: Auction Values Continue ‘Modest’ Declines in June
Thursday, Jul. 11, 2013, 05:58 AM
Auto Remarketing Staff
Auctions values are on the way down as used supply continues to increase. And with gas prices remaining relatively stable this past month, fuel-efficient small cars and alternative-energy vehicles led the declines in June. Overall, according to data from Kelley Blue Book’s latest Blue Book Market Report, auction values fell by an average of 1.2 […] [Read More]
Hillary Clinton to Keynote Next NADA Convention
Thursday, Jul. 11, 2013, 05:57 AM
Auto Remarketing Staff
Adding to the list of distinguished keynote speakers during the past several years, former Secretary of State Hillary Rodham Clinton will address the National Automobile Dealers Association Convention & Expo in New Orleans in January. Clinton will deliver keynote remarks on the closing day of the 2014 NADA Convention & Expo on Jan. 27. Clinton […] [Read More]
2 Compacts from 2012 Model-Year Eclipse 80-Percent Retention Mark
Thursday, Jul. 11, 2013, 05:56 AM
Auto Remarketing Editor Joe Overby
When looking at retained value for compact cars from the 2012 model-year, Kelley Blue Book noticed one, in particular, that edged out its peers in this segment where competition is “fierce.” That model? The 2012 Hyundai Veloster, which was one of only two to command 80 percent or more of its original MSRP, according to […] [Read More]
Study: Dealership Experiences Are Not One-Size-Fits-All
Thursday, Jul. 11, 2013, 05:55 AM
Auto Remarketing Staff
Price, time and the dealership experience: A just-released research study shows that these factors can vary as most influential in the purchase decision for potential car buyers, information that dealers may want to note in order to meet these differing expectations. The Foresight Research 2013 Dealership Report, based on a study of 7,543 recent U.S. […] [Read More]
Vincentric Debuts Best CPO Value in America Awards
Wednesday, Jul. 10, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
The inaugural Vincentric Best CPO Value in America awards are being announced today, recognizing 36 models for offering top value in their respective segments as well as three brand winners. Those three — Best CPO Value: Passenger Cars, Best CPO Value: Luxury Brand, and Best CPO Value: Trucks — are given to the makes that […] [Read More]