Kelley Blue Book recently shared the top 25 most-researched used and new vehicles on KBB.com from December, and once again sweeping the charts was the Honda Accord. Looking at the used-car rankings in more detail, the Honda Civic followed in the No. 2 spot, with the Toyota Camry, Ford F-150 and Toyota Corolla rounding out […] [Read More]

As 2012 wrapped up, used prices continued their downward spiral — perhaps welcome news to buyers looking for a new pre-owned ride in the new year. An entry in Cars.com’s "Kicking Tires" blog indicates that late-model used-car prices declines for the sixth straight month in December. Specifically, prices dropped an average of $115 from Nov. […] [Read More]

Auto Remarketing and Cherokee Automotive Group would like to wish all our readers a healthy holiday season and a happy New Year.   This issue of Auto Remarketing Today will be the final edition of 2012 before we take a holiday break. Thank you for your interest and support this year, and we look forward […] [Read More]

November was a big month for the U.S., with the Northeast recovering from Hurricane Sandy and President Barack Obama being elected for a second term. And although there is still uncertainty for the future, the economy continues to move upward — right along with used-car prices, according to data from RVI Group. In the company’s […] [Read More]

Looking back at November, Canadian new-vehicle sales numbers soared, while used prices continued to rise. According to data from RVI Group, used-car prices this past month climbed by 2.3 percent from October, and 3 percent year-over-year. On the other hand, the ADESA Canada Used Vehicle Price Index was down this past month, reversing the majority […] [Read More]

The Used Car Dealers Association of Ontario is alerting Ontario’s used-car dealers to the changes in the Drive Clean Program set to go into effect in the new year. In the latest UCDA Front Line newsletter, the association highlights the changes which deal mostly with the On-Board Diagnostics test procedures, among other areas. And the […] [Read More]

Reports have surfaced indicating that General Motors has temporarily idled its Chevrolet Malibu plant in Fairfax, Kan.   And this is good news for the automaker when it comes to residual values, says ALG’s Eric Lyman. It won’t just be the Malibu’s values that benefit, either, said the firm’s vice president of partner development and […] [Read More]

Activity at Swapalease.com and findings from a recent GfK Automotive study showed that the appeal of luxury models isn’t carrying the same weight as it did in the past. Where are consumers migrating if they’re not leasing a luxury model? At Swaplease this month, they’re moving toward assumptions of smaller and eco-friendly vehicles. These website […] [Read More]

If findings shared by NADA University on Monday are any indication, the outlook on workforce stability at the nation’s dealerships is a relatively solid one. The education and training arm of the National Automobile Dealer Associated has released the 2012 Dealership Workforce Study Industry Report, which was put together in partnership with Northwood University and […] [Read More]

These days, it seems consumers want to begin discussing a potential purchase with dealership staff far before they make it into the physical store, according to recent analysis from automotive data company Polk. In a recent study commissioned by website chat company Contact At Once, one in three users of auto website chat bought a […] [Read More]