Consumers might intend to buy new, but reality pushes them to used-car market
Tuesday, Oct. 29, 2024, 03:07 PM
Lotlinx: Q3 shows high day supply, largely aging vehicle inventory
Tuesday, Oct. 29, 2024, 01:09 PM
JD Power sees October being complicated for used retail & new lease markets
Friday, Oct. 25, 2024, 11:27 AM
Analysis
KBB Names Top 10 Green Cars of 2013; Nissan Leaf Surpasses Chevy Volt in March Sales
Friday, Apr. 19, 2013, 05:54 AM
Sarah Rubenoff
As Earth Day approaches, and the weather continues to warm as spring gets underway, buyers may be interested in the "greener" cars on your lots. For dealers looking to market to eco-friendly drivers, Kelley Blue Book compiled a list of the 10 Best Green Cars of 2013, chosen by editors of KBB.com. The list includes […] [Read More]
AAA: Depreciation Costs for Sedans Climb ‘Slightly’
Wednesday, Apr. 17, 2013, 05:59 AM
Auto Remarketing Editor Joe Overby
Depreciation costs on the average sedan have climbed just modestly this year, according to the latest “Your Driving Costs” study released by AAA, which said this uptick may actually stem from the new-vehicle sales improvements. [Read More]
Pollak: 3 Best Practices to Manage Used Vehicles as Investments
Wednesday, Apr. 17, 2013, 05:58 AM
Dale Pollak
I’ve long advocated that dealers manage their used vehicles as investments — that their No. 1 goal should be to maximize their return on investment within the shortest amount of time and the least amount of risk. This investment-driven retailing strategy is harder for some dealers to accept (and in some cases, acknowledge) than others. […] [Read More]
Fleming: Women Breaking Through Auto Industry’s Glass Ceiling
Wednesday, Apr. 17, 2013, 05:56 AM
Women-Drivers.com president Anne Fleming
What automotive career opportunities are ahead for women? How have dealerships and automakers fared when it comes to female representation in the workface? Auto Remarketing guest contributor and 2013 Women in Remarketing honoree Anne Fleming tackles these issues and more in this column below. The Glass Ceiling – A Historical Context [Read More]
2013 Women in Remarketing Honorees Announced
Tuesday, Apr. 16, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
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 remarketing and used-car business. The 2013 Women in Remarketing program — sponsored by Ally Auto Remarketing — honors a class taking on a wide array of leadership […] [Read More]
EXCLUSIVE: Luxury Models Remain Hard to Find This Spring; CPO Units Particularly Scarce
Monday, Apr. 15, 2013, 07:55 AM
Sarah Rubenoff
As spring got under way and perhaps more consumers were inspired to turn their interest toward fun, cruising rides, luxury certified and late-model pre-owned vehicles continued to be hard to find in March. According to the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com, Porsche really “jumped out” in […] [Read More]
Recent Surveys Give Opposite Conclusions about Consumers’ Intentions with Tax Refund Money
Friday, Apr. 12, 2013, 05:59 AM
Auto Remarketing Staff
Are consumers going to spend their income tax refunds at dealership service departments and showrooms or are they going to put that money in a savings account for later? Recent surveys by USAA and eBay Motors showed consumers might be heading in different directions. A survey commissioned by eBay Motors this tax season revealed that […] [Read More]
Sonic Automotive Reveals Choice for New CFO
Thursday, Apr. 11, 2013, 05:56 AM
Auto Remarketing Staff
Sonic Automotive said Wednesday it has named an executive vice president and chief financial officer. Tapped for the position is Heath Byrd, formerly the company’s chief information officer. Byrd joined Sonic in November of 2007 as CIO and “has been a driving force in the implementation of the company's many technology innovations,” the company said. [Read More]
Dominon Diagrams Top Sellers in Used Market
Wednesday, Apr. 10, 2013, 06:29 PM
Auto Remarketing Editor Joe Overby
What’s the top-selling used-vehicle brand in your state? Dominion Dealer Solutions recently shared some of its Cross-Sell data with Auto Remarketing to shed some light on this. Based on February used-vehicle sales data provided to Auto Remarketing that covered 17 states, Ford was the top-selling brand in eight states, as was Chevrolet. Toyota was the […] [Read More]
NADA Pinpoints Monthly Used-Car Department Sales Figure for Average Franchised Dealer
Wednesday, Apr. 10, 2013, 05:59 AM
Auto Remarketing Editor Joe Overby
The average franchised dealer began 2013 with a monthly used-car department sales figure just shy of $1 million, according to the latest NADA Dealership Financial Profile. Specifically, the used-car department of a franchised store, on average, pulled in sales of $991,916 during January. This marked a 5.4-percent hike from January 2012, according to the data. […] [Read More]