Analysis
Help Auto Remarketing Honor the Top Women Leaders in The Industry
Monday, Feb. 25, 2013, 08:59 AM
Auto Remarketing Staff
Help us honor the top women leaders in the industry! Now in its fifth year, Auto Remarketing is continuing this tradition of recognizing excellence by now opening the nominations for its 2013 Women in Remarketing Class. [Read More]
High New-Car Sales Directly Affect Used Prices in January
Friday, Feb. 22, 2013, 06:57 AM
Sarah Rubenoff
Though NADA Used Car Guide reported earlier this week that it expects wholesale prices to see start seeing increases through March, 2013 started off with some decreases in the lanes. According to RVI’s latest Market Update, wholesale values, seasonally adjusted on two- to five-year-old vehicles, saw a decrease of 3.4 percent in January when compared […] [Read More]
Agenda Announced for 2013 Auto Remarketing Canada Conference; New Digital Magazine to Cover This Year’s Event
Thursday, Feb. 21, 2013, 03:53 PM
Auto Remarketing Canada Staff
Find out what’s in store for the 2013 Auto Remarketing Canada Conference presented by CarProof. Event organizers have revealed the updated two-day agenda for the event as well as the most recently updated speakers. [Read More]
Report Predicts Bright Future for Canadian New-Car Dealers; Expects Overall Industry Growth
Wednesday, Feb. 20, 2013, 04:04 PM
Auto Remarketing Canada Editor Sarah Rubenoff
Most any dealer will tell you, the new- and used-car industries are directly tied to eachother. And IBISWorld’s new report on new-car dealers in Canada illustrates this very notion. The report offers a fresh take on the Canadian new-car dealer's place in the industry and provides predictions for a bright next few years. In fact, […] [Read More]
EXCLUSIVE: Trucks Prove Easier to Find; Luxury CPO Units Remain Scarce in January
Tuesday, Feb. 19, 2013, 07:00 AM
Sarah Rubenoff
During the first month of the year, it seemed truck supply on the lots was back up to normal levels, while luxury vehicles may have proved elusive for dealers and buyers, alike. According to the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com, the scarcity we saw with […] [Read More]
Pollak: 4 Takeaways from Latest Dealer Convention
Monday, Feb. 18, 2013, 08:59 AM
Dale Pollak
I had mixed feelings as the curtain closed on the 2013 National Automobile Dealers Association Convention. Like many dealers, I felt a mixture of exhilaration and exhaustion as the time came to focus on the return trip home. Here are four top takeaways from convention conversations, meetings and workshops: Softer Used Vehicle Values As regular […] [Read More]
KBB: Used Shoppers in January Focus on ‘Practicality’
Monday, Feb. 18, 2013, 08:58 AM
Auto Remarketing Staff
Kelley Blue Book contends consumers shopping for a used car in January had practicality on their minds, as the start of the New Year means a return to work and school. KBB’s Arthur Henry explained shoppers displayed “an increased interest in the full-size crossover, hybrid car and compact car segments,” as 2013 got underway, according […] [Read More]
Dealer Surveys: Annual Used Sales Projected to Rise, Fueling Franchised Store’s Most Profitable Department
Friday, Feb. 15, 2013, 06:59 AM
Nick Zulovich
Survey results discovered by Ally Financial and KeyBanc Capital Markets through the recent National Automobile Dealers Association Convention & Expo reiterated how important the used-vehicle department is to franchised dealers. In its survey, Ally discovered that 47 percent of responding dealers said the used-vehicle department will be the most profitable within the dealership this year. […] [Read More]
Franchised Dealers to Continue Record Throughput Levels, Doing ‘Hundreds of Things’ to Increase Efficiency
Friday, Feb. 15, 2013, 06:58 AM
Auto Remarketing Editor Joe Overby
The nation’s franchised dealer network has been stable for two straight years and appears poised for a third, and it will also likely hit another new-vehicle-sales-per-dealership record, according to Urban Science, which said new-car dealers have put “hundreds of things” into play to become more efficient. The retail consulting firm released its 2012 Automotive Franchise […] [Read More]
Newest J.D. Power Vehicle Dependability Study Reinforces CPO Value Proposition
Thursday, Feb. 14, 2013, 07:00 AM
Nick Zulovich
If the certified pre-owned market needed any more fuel to keep record-breaking sales soaring, Raffi Festekjian explained how the J.D. Power and Associates 2013 U.S. Vehicle Dependability Study might have provided the very thing. The study showed the long-term dependability of three-year-old models improved year-over-year, and Festekjian connected how these units are primary candidates to […] [Read More]