Analysis
PODCAST: Rene Abdalah and Alex Yurchenko of Black Book
Friday, Aug. 13, 2021, 07:00 PM
Auto Remarketing Staff
In this special sponsored episode of the Auto Remarketing Podcast, two experts from Black Book share their perspectives and expectations for both the wholesale and retail markets. Senior vice president of business development Rene Abdalah and senior vice president of data science and analytics Alex Yurchenko also detail the latest Black Book insights on how […] [Read More]
Used-car shoppers are buying these EVs quickly
Wednesday, Aug. 11, 2021, 07:26 PM
Joe Overby, Senior Editor
You don’t even have to hit the “gas,” per se, for these used vehicles to move quickly. The latest report from iSeeCars.com shows that the three fastest-selling used vehicles in July were all electrics. Topping the list and taking an average of just 15.7 days to sell last month was the Tesla Model 3, followed […] [Read More]
COMMENTARY: Overcoming gender-bias in male-dominated industry & becoming a better, stronger leader
Friday, Jul. 30, 2021, 07:26 PM
Becca Polak, CarLotz
Since the early stages of my career, I have strongly disliked being called or thought of as a “female leader.” Those two words used together reminded me that the word “leader” was still thought of as implicitly male. Instead, I prefer to be thought of as a “great leader,” or just a “leader.” As a […] [Read More]
How many pre-owned vehicle sales to expect in July
Thursday, Jul. 29, 2021, 02:58 PM
Joe Overby, Senior Editor
Look for used-car sales this month remain steady with June numbers, but fall 4% from July 2020. That’s according to the latest forecast from TrueCar, which projects 3.7 million used sales for July. TrueCar is expecting 1.29 million new-vehicle sales this month, which would … [Read More]
COMMENTARY: Is a 2021 summer slowdown coming? Tips on how to stay ahead
Tuesday, Jul. 20, 2021, 07:14 PM
Kevin LeSage, Cox Automotive
To say that 2021 has been a wild year for the automotive industry so far would be an understatement. Record-low inventories and record-high listing prices have created challenging circumstances for both car buyers and manufacturers. Yet at the same time, these circumstances also have presented a wealth of opportunity for dealerships with available inventory that […] [Read More]
Used Car Week adds NAVIcon to lineup
Friday, Jul. 16, 2021, 06:50 PM
Auto Remarketing Staff
Investors have a renewed interest in the automotive technology space, and as a result, the industry is experiencing a record amount of investment activity. At this year’s Used Car Week in November, we are excited to announce the launch of the National Auto Venture & Investors Conference (NAVIcon). Teaming with Steve Greenfield, the founder of […] [Read More]
J.D. Power: Pandemic reinforced OEM brand loyalty
Thursday, Jul. 15, 2021, 03:45 PM
Auto Remarketing Staff
Here’s another positive development — especially for dealerships — that has surfaced because of the pandemic. J.D. Power said vehicle owners remain vastly loyal to their specific brands, in part due to the effects of pandemic lockdowns. Experts made that assertion as part of the J.D. Power 2021 U.S. Automotive Brand Loyalty Study released on […] [Read More]
Used vehicles with 100K miles fetching 31% higher retail prices
Wednesday, Jul. 14, 2021, 08:56 PM
Auto Remarketing Staff
If the latest analysis from Edmunds is any indication, car dealers may be inclined to hold on to those trade-ins with 100,000 or more miles. Cars with that level of mileage are selling at considerably higher prices and with quicker turn times than they were a year ago. Vehicles with 100,000 to 109,999 miles fetched […] [Read More]
PODCAST: PureCars CEO Jeremy Anspach on truPayments purchase & avoiding ‘Blind Spots’
Wednesday, Jul. 14, 2021, 06:20 PM
Auto Remarketing Staff
PureCars chief executive officer Jeremy Anspach is back on the Auto Remarketing Podcast to talk about his new book, "Blind Spots: A Guide To Eliminating Today’s Automotive Digital Media Waste." Plus, we talk about PureCars' recent acquisition of truPayments and what that means for the company. PureCars announced its acquisition of truPayments in a move […] [Read More]
Cherokee Media Group names EVP of events & marketing
Monday, Jul. 12, 2021, 08:34 PM
Auto Remarketing Staff
Cherokee Media Group — parent company of Auto Remarketing, Used Car Week and related auto industry publications, events and media brands — has named an executive vice president of events and marketing. Promoted to the newly created role is Amanda Dunlap, who has been with CMG for close to two decades, most recently as publisher. Dunlap […] [Read More]