Analysis
PODCAST: ComplyNet shares critical update about OSHA’s COVID-19 mandates
Monday, Nov. 8, 2021, 07:40 PM
Auto Remarketing Staff
In this special episode of the Auto Remarketing Podcast, ComplyNet president and general counsel Adam Crowell gave an update about mandates put forth by the Occupational Safety & Health Administration (OSHA) involving COVID-19 vaccinations and testing that now are being argued in federal court. Crowell explained the court activities that happened over the weekend and […] [Read More]
Previewing Used Car Week with Preowned Auto Logistics
Monday, Nov. 8, 2021, 04:19 PM
Auto Remarketing Staff
The podcasting shoe is on the other foot this time around. Auto Remarketing senior editor and Auto Remarketing Podcast co-host Joe Overby joined the Preowned Auto Logistics podcast last week to talk with Jeremy Louisos about Used Car Week, which takes place next week at Red Rock in Las Vegas. They discuss an overview of the conference, […] [Read More]
What majority of fleet decisionmakers now think of EVs
Tuesday, Nov. 2, 2021, 06:08 PM
Auto Remarketing Staff
The potential for electric vehicles seemingly is giving fleet operators quite a jolt of interest. On Tuesday, behavior and analytics advisory firm Escalent released the latest findings from its Fleet Advisory Hub, a platform designed to explore the needs, expectations and emotions of commercial and fleet vehicle decisionmakers. [Read More]
A 25-year first: Wholesale prices climbing in October
Friday, Oct. 29, 2021, 05:33 PM
Joe Overby, Senior Editor
This month marked the first time in 22 years that the Atlanta Braves have reached baseball’s World Series. But the historical milestone the used-car industry is likely to reach in October goes back even further. “The used-vehicle market continues to buck historic seasonal trends and exhibit great strength as the industry moves deeper into the […] [Read More]
Cherokee Media Group welcomes Rush as marketing coordinator
Wednesday, Oct. 27, 2021, 08:53 PM
Auto Remarketing Staff
Auto Remarketing publisher and Used Car Week parent company Cherokee Media Group has welcomed Caroline Rush aboard as a marketing coordinator, where she will work with CMG’s automotive conference and events teams. Rush most recently was a marketing consultant for Sinclair Broadcast Group, where she primarily managed digital marketing campaigns for local and national clients. […] [Read More]
Where wild swings in used-car prices, depreciation are felt the most
Tuesday, Oct. 26, 2021, 04:37 PM
Joe Overby, Senior Editor
The rather unique environment in used cars right now is not only driving up the prices these vehicles are fetching, but it is also having some impact on the rate that their values are depreciating, industry studies show. Starting with the price tag, a double-whammy of supply scarcity and strong demand has driven the average listing […] [Read More]
Auto industry leans on exposure & education to drive EV adoption
Monday, Oct. 25, 2021, 04:04 PM
Auto Remarketing Staff
One way to combat uncertainty about electric vehicles: exposure and education. That’s been the approach of at least two entities with the auto industry making efforts to connect with the public to “demystify” the EV segment. Over at Cars.com, the company is hosting an online event Thursday — “Cars.com’s Guide for the EV Curious” — […] [Read More]
PODCAST: Previewing Used Car Week with 3 former sports media professionals
Wednesday, Oct. 20, 2021, 03:04 PM
Auto Remarketing Staff
For this episode of the Auto Remarketing Podcast, Cherokee Media Group president Bill Zadeits and senior editors Joe Overby and Nick Zulovich share a conversation. Not only did the trio give a glimpse of the engaging conversations on deck for Used Car Week that begins on Nov. 15 in Las Vegas, but Bill, Joe and […] [Read More]
Drastic new-vehicle production cuts cause sharp increases in used-vehicle demand and values
Tuesday, Oct. 19, 2021, 05:11 PM
Arlena Sawyers, Correspondent
Wholesale used-vehicle values ended the third-quarter with a record setting year-over-year increase in September and more increases are expected into next spring’s tax season, predict industry analysts. The Manheim Used Vehicle Value Index stood at 204.8 in September, a 27.1 % increase over the September 2020 reading and 5.3% higher than the previous month. The […] [Read More]
Used EVs & hybrids continue to charge ahead on fastest-sellers list
Tuesday, Oct. 12, 2021, 06:35 PM
Joe Overby, Senior Editor
It’s a good thing the remarketing industry is preparing for more electrics and hybrids to hit the market, because those alternative-powertrain vehicles continue to be among the faster sellers in the retail used-car market. With an average turn time of 16 days-to-sell, the Tesla Model 3 was the fastest-selling used vehicle in September, according to […] [Read More]