Analysis
PODCAST: Talking flood-damaged vehicles with Experian’s Kirsten Von Busch
Monday, Sep. 27, 2021, 08:07 PM
Auto Remarketing Staff
One of the more than 140 speakers who are on deck for Used Car Week appeared on this episode of the Auto Remarketing Podcast Kirsten Von Busch, who is director of product marketing Experian Automotive, discussed how far the industry has progressed in spotting flood-damaged vehicles, but how improvements still can be made, especially now […] [Read More]
More crucial info about Takata airbags surfaces from NHTSA
Monday, Sep. 27, 2021, 07:45 PM
Auto Remarketing Staff
Along with the update he shared during a recent episode of the Auto Remarketing Podcast, Jerry Cox also found crucial new information to help auctions and dealerships see if vehicles on their lots are equipped with potentially dangerous Takata airbags. The chairman and chief executive officer with Potomac Strategy Associates discovered and shared the latest […] [Read More]
Escalent asks fleet decisionmakers to rank top electrified brands
Friday, Sep. 24, 2021, 07:44 PM
Auto Remarketing Staff
Experts see electric vehicles eventually having a significant impact in the fleet space. With that thinking in mind, behavior and analytics advisory firm Escalent recently 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. The newest report examined fleet […] [Read More]
AlixPartners: Chip shortages hinder vehicle production by 7.7M units
Friday, Sep. 24, 2021, 03:41 PM
Auto Remarketing Staff
This week, global consulting firm AlixPartners put dollar and unit figures pinpointing just how much the ongoing semiconductor shortage is costing the worldwide automotive industry. Meanwhile, the White House and the U.S. Commerce Department said they’re bolstering efforts to get chip production back in full motion, so vehicles can make their way to dealer lots […] [Read More]
PODCAST: CarGurus aims to help dealers ‘Navigate’ new auto landscape
Thursday, Sep. 23, 2021, 03:02 PM
Auto Remarketing Staff
CarGurus will host its third annual “Navigate” user conference next month with an agenda that explores auto retail disruption, diversity in the auto industry, digital retail success strategies and much more. The event, scheduled for Oct. 13-15, will be held online. More info is available here. “The past 18 months have shown that the automotive […] [Read More]
VW, Academy of Art University explore future of mobility
Wednesday, Sep. 22, 2021, 06:25 PM
Auto Remarketing Staff
Volkswagen Group of America announcedit has concluded a study that looked at the future of mobility for long-distance traveling in a creative way. VW teamed up with Academy of Art University for a student design project designed to study just that. VW's Innovation and Engineering Center California (IECC) recently drew to a close its first-ever “Long Distance Mobility and Living Space” […] [Read More]
NY officials arrest 10 involved in complex scheme of reselling stolen vehicles
Wednesday, Sep. 22, 2021, 06:03 PM
Auto Remarketing Staff
New York law enforcement officials shared details about a lengthy investigation that led to the arrest of 10 individuals allegedly involved in a complex scheme of stolen vehicles and curbstoning. New York attorney general Letitia James and New York Police Department commissioner Dermot Shea announced the indictment of 10 members of an auto theft and […] [Read More]
PODCAST: Takata airbag recall intensifies with 30M more units being investigated
Tuesday, Sep. 21, 2021, 03:03 PM
Auto Remarketing Staff
The Takata airbag recall continues to become more complex with more vehicles being investigated, including another 30 million units from as recent as the 2019 model year. To get a comprehensive update about what’s happening, Jerry Cox, who is chairman and chief executive officer with Potomac Strategy Associates, returned for another episode of the Auto […] [Read More]
NAAA & NADA activate programs to help storm-impacted member employees
Monday, Sep. 20, 2021, 07:09 PM
Auto Remarketing Staff
Both the National Auto Auction Association and the National Automobile Dealers Association are looking to support their members who have employees impacted by the flooding generated by Hurricane Ida, Tropical Storm Nicholas and other recent storms. The support systems of each association — the NAAAWYSF Disaster Relief Fund and NADA’s Emergency Relief Fund, respectively — […] [Read More]
Kerrigan sees franchised dealerships continuing record-setting year
Monday, Sep. 20, 2021, 03:12 PM
Auto Remarketing Staff
The parade of records connected with franchised dealerships just keeps on marching. According to the Second Quarter 2021 Blue Sky Report by Kerrigan Advisors, the dealership buy/sell market hit yet another historic high, with 320 transactions completed in the 12-month period since the economy re-opened in June 2020. [Read More]