Analysis
Black Automotive Media Group launches internship initiative for HBCU Students
Friday, Sep. 17, 2021, 09:21 PM
Auto Remarketing Staff
Black Automotive Media Group recently played a key role in launching an intiative that resulted in launching automotive media internships for North Carolina Central University and Clark University students. The program behind these internships — "Driving Force" — will work to offer multi-media career development to undergraduates at historically black colleges and universities (HBCU). The program will also […] [Read More]
Alternative-fuel vehicles top list of fastest-selling used-car models
Friday, Sep. 17, 2021, 02:04 PM
Auto Remarketing Staff
The average used vehicle sold at a modestly more brisk clip in August (34.6 days to sell) than it did in July (35.4 days), according to a recent analysis from iSeeCars.com. And the fastest-selling used vehicle last month sold twice as quickly as that. For the third month in a row, the Tesla Model 3 had […] [Read More]
Porsche, Dodge & GM tops for JD Power 2021 APEAL Study
Thursday, Sep. 16, 2021, 10:32 PM
Auto Remarketing Staff
This year's J.D. Power APEAL (automotive performance, execution and layout) Study results put Porsche ranking highest among the premium brands, Dodge on top for mass market brands, and General Motors taking home the most vehicle segment-level awards. The study showed the "new vehicles are more appealing than ever" with some very successful launches for 2021. […] [Read More]
Edmunds explains deeper meaning of August used-retail price & trade-in data
Wednesday, Sep. 15, 2021, 07:02 PM
Auto Remarketing Staff
The assertions Edmunds made after sharing its latest data on used-vehicle retail prices and trade-in values might be a good news-bad news scenario for dealerships. [Read More]
While Q3 dealer sentiment dips, index remains above 2020 & 2019 readings
Tuesday, Sep. 14, 2021, 06:43 PM
Auto Remarketing Staff
Being the music aficionado he is, perhaps Cox Automotive chief economist Jonathan Smoke might recommend the 1980s hit song by Matthew Wilder titled “Break My Stride” to summarize the most recent Cox Automotive Dealer Sentiment Index (CADSI). [Read More]
CPO still ahead of record 2019, but margin narrows
Friday, Sep. 10, 2021, 06:53 PM
Joe Overby, Senior Editor
Certified pre-owned vehicle sales took a tumble in August, but remain just under 2% ahead of the record 2019 pace. [Read More]
PODCAST: The Car Mom founder & CEO Kelly Stumpe
Thursday, Sep. 9, 2021, 06:24 PM
Auto Remarketing Staff
Kelly Stumpe grew up the dealership world and began her own auto industry career at a BMW store in 2016. And last year, she used that dealership savvy and automotive know-how to launch The Car Mom, a multi-platform resource to help moms and families make informed and confident car-buying decisions. Stumpe joined Cherokee Media Group’s […] [Read More]
Where used cars are priciest, least expensive
Wednesday, Sep. 8, 2021, 08:17 PM
Auto Remarketing Staff
If you live in a Western state, chances are the landscape features more than just mountainous scenery. It may also include pricey used vehicles. Same goes for two metro areas of South Florida. [Read More]
Economic report from Autos Drive America & AIADA recaps positive dealer impact
Tuesday, Sep. 7, 2021, 07:06 PM
Auto Remarketing Staff
More evidence arrived on Tuesday reinforcing why franchised dealerships are integral cogs in their community economic engines. According to the annual economic impact report compiled by Autos Drive America and the American International Automobile Dealers Association, the 9,400 international nameplate automobile dealer franchises across the country utilize 542,000 direct employees. Furthermore, the report also highlighted […] [Read More]
With deep roots in college sports, NIL policy could bear fruit for auto advertisers
Friday, Sep. 3, 2021, 06:18 PM
Joe Overby, Senior Editor
If you have tuned into the start of college football, you may have noticed something new about the Dr. Pepper “Fansville” commercial. This particular one features Clemson quarterback D.J. Uiagalelei, a move made possible by the NCAA’s new policy and state-by-state laws that allow student-athletes to benefit from their own name, image and likeness. While […] [Read More]