On average, automotive brand loyalty rose ever so slightly in 2024. But according to the latest study by Reynolds and Reynolds, there are indications it might be on shaky ground. Reynolds’ 2025 Automotive Brand Retention and Defection Report: Understanding Your Opportunities for Conquest showed last year’s industry-wide average brand retention rate was 43.9%, up 0.2 […] [Read More]

We wrap up our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel focused on “Challenging the Status Quo and Uncover Your Company’s Value.” The conversation features Brennan Hamilton of Rapid Recovery Agency, John Sibbitt of RDN Clearplan and Used Car Week Hall of Famer Jeremiah […] [Read More]

While the lack of public charging facilities is one of the most cited reasons by consumers for not considering an electric vehicle, most EV owners say they don’t need or use them. Carvana’s EV Trends Report, which includes a survey of more than 400 Carvana customers who purchased a battery electric vehicle in 2024, found […] [Read More]

Incentives on new vehicles: remember those? They’re back in a big way. After hitting a trough of 2.9% of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years. That was especially evident towards the end of 2024 ... [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on investment funding coming into automotive and what venture capitalists think of the industry. The conversation featured Steve Greenfield of Automotive Ventures, Mark Norman of FM Capital, Quin Garcia of Autotech Ventures and […] [Read More]

The year started off with expectations there might be a return to normal in the used-car market. Well, that doesn’t exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted “uncertainty” and surprises in the market to begin the year. At Black Book, the Used […] [Read More]

The Toyota RAV4. Honda Civic. Honda CR-V. Toyota RAV4 Hybrid. Chevrolet Silverado 2500HD. Lexus RX. Ford Edge. Chevrolet Silverado 1500. What do these vehicles have in common, other than being popular rides? They were the top-selling Canadian-built vehicles in the U.S. during 2024, according to CarGurus. Likewise, the Toyota Tacoma, Chevrolet Equinox, Honda HR-V, Silverado […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with the ceremony welcoming the first three inductees into the Used Car Week Hall of Fame. Steve Kapusta, Marguerite Watanabe and Jeremiah Wheeler acknowledged some of the fellow professionals who have impacted them during their careers and […] [Read More]

Retail used-car shoppers may want to strike while the iron’s hot. (And the metal is relatively inexpensive to move). Especially considering what could be on the horizon in the wholesale used-car market ... [Read More]

Pickup trucks and SUVs have long been the dominant vehicles in the U.S. market, but that dominance could be diminishing, according to the latest study by the Dave Cantin Group. The automotive M&A advisory firm’s semiannual Market Outlook Report, released this week in conjunction with the NADA Show, said its data shows American consumers have […] [Read More]