COMMENTARY: How blockchain is set to transform the automotive industry
Wednesday, Jan. 8, 2025, 02:03 PM
Wholesale vehicle prices back to 'more normal' patterns
Wednesday, Jan. 8, 2025, 01:55 PM
The dealership buy-sell market in 2025: More selective buyers and more predictability
Monday, Jan. 6, 2025, 09:56 AM
Analysis
Cars.com Names Best Value: Price to Pump Award Winner
Thursday, Jun. 16, 2011, 05:54 AM
Auto Remarketing Staff
Earlier this week, Cars.com revealed the winning model of its Best Value: Price to Pump Award as the champion of its Under 20/Over 35 Shootout. Coming out on top was the 2011 Hyundai Elantra because of its exterior and interior design as well as its smooth ride. Site editors evaluated five compact cars that seat […] [Read More]
Inventory Guidance from Latest ARTS Webinar Draws More Than 700 Registrants
Wednesday, Jun. 15, 2011, 03:31 PM
Auto Remarketing Staff
More than 700 dealership managers and auto finance professionals registered for the latest free Auto Remarketing Training Series Webinar, which gave participants the opportunity to gain fresh strategies for a host of store operations. The Webinar panel included top trainers from AutoTrader.com, Carfax, OPENLANE and DealerTrack, who all delved into best practices that can help […] [Read More]
KBB: Gas Peak Behind Us; Dealers Should Be Careful About Buying Fuel-Friendly Rides
Wednesday, Jun. 15, 2011, 05:59 AM
Auto Remarketing Staff
Kelley Blue Book offered a word to the wise on Tuesday for dealers looking around for fuel-friendly rides: “shop with caution.” And wait. The wave of rising used values for compact, subcompact and hybrid cars has finally crested and some softening is beginning to show up, according to Kbb.com, which suggested the declines will likely […] [Read More]
NADA Economist: June New Sales to Be Constrained; Second Half Looks Brighter
Tuesday, Jun. 14, 2011, 05:56 AM
Auto Remarketing Staff
New-vehicle sales should improve during the second half of 2011, according to Paul Taylor, chief economist of the National Automobile Dealers Association. Why? Taylor believes the gains should begin in July as inventory levels increase and gasoline prices drop. “Gasoline prices are currently falling, and that will allow dealers to sell a full mix of […] [Read More]
NADA UCG Sees Possible End to Compact Price Rise
Monday, Jun. 13, 2011, 07:58 AM
Nick Zulovich
A headline contained within the latest edition of Guidelines produced by NADA Used Car Guide usually refers to what happens when a television show loses appeal. But this time, the reference to “jumping the shark” was connected with the escalating prices for compact and midsize cars. “As any dealer can attest, prices for used, late-model […] [Read More]
Used Truck, SUV Interest Swoons
Monday, Jun. 13, 2011, 07:56 AM
Auto Remarketing Staff
While AutoTrader.com’s rankings of most popular used vehicles didn’t change too much from April, SUVs and trucks are generating the same level of consumer interest and similar trends are being spotted for certified pre-owned vehicles, as well. In fact, the site said seven trucks and SUVs on its list of Top 20 Most-Searched Used Vehicles […] [Read More]
NADAguides Reveals Hardest-to-Find Models on Dealer Lots
Friday, Jun. 10, 2011, 05:58 AM
Auto Remarketing Staff
NADAguides unveiled a list of vehicles Thursday that are generating the most market buzz, but also are showing the most limited supply. Interestingly enough, three of the six models listed on the Most In Demand Vehicles Report were from Hyundai or Kia. Ford, Toyota and Honda claimed the other three spots. The first step NADAguides analysts took in creating […] [Read More]
Beige Book: Auto Sales Up for Bulk of Country, as Well as Supply Challenges
Friday, Jun. 10, 2011, 05:57 AM
Auto Remarketing Editor Joe Overby
In what was described as a “mixed, but fairly robust” market, dealers by and large have experienced either stable or improving vehicle sales. As for supply issues, they have been spotted quite often throughout the country and have had some adverse effects, according to the Federal Reserve’s latest Beige Book report. The used-vehicle market is also […] [Read More]
KBB: Luxury Units Present Great Opportunity for Dealers
Thursday, Jun. 9, 2011, 06:00 AM
Auto Remarketing Editor Joe Overby
In what goes against recent months, May showed weaker interest for used hybrids in light of more moderate fuel costs, while some used luxury segments have started to attract more attention from shoppers, according to Kelley Blue Book. The company suggests that dealers would be wise to push their luxury units in coming months in […] [Read More]
Ford’s Chief Economist Says Dealers Are Struggling to Fill Consumer Demand
Thursday, Jun. 9, 2011, 05:58 AM
Sarah Rubenoff
Discussing the drop in May new-vehicle results on Tuesday, Ellen Hughes-Cromwick, chief economist at Ford, revealed that consumer demand remains as strong as it’s been in recent years; however, dealers are struggling with new-model inventory shortages, as well as high gas prices impacting consumer preferences. “Most of the weakness in sales in May was associated […] [Read More]