They have been called startups, disruptors, online retailers and ecommerce platforms throughout their young histories. But Cox Automotive has a new name for companies like Carvana, Shift and Vroom: “New Form Online Retailers,” or NFORs. And even beyond relatively recent forays into the public markets (Vroom’s initial public offering and Shift’s SPAC merger in 2020; […] [Read More]

The pickup hauling material at the construction site. The truck that dropped off your packages. The custom vehicle of the plumber or HVAC specialist making repairs at your house. They're all work trucks — a niche segment that has strong potential for dealerships in the business-to-business, commercial space. That's where Work Truck Solutions comes into […] [Read More]

In Auto Remarketing’s  upcoming “Best CPO Dealers in the USA” issue, some interesting statistical nuggets emerge when looking at various automakers’ respective certified pre-owned sales leaders. This feature goes beyond the sales rankings to share some of those stats. We start with Infiniti. Among Infiniti’s top 10 dealers for 2020 certified pre-owned sales, four dealerships’ CPO sales […] [Read More]

Although last month’s sales slowed from a year ago's pace, the certified pre-owned segment remains a bright spot in automotive, says Cox Automotive, which projects CPO will return to 2019 levels this year. In a Data Point report Monday, the company — citing Motor Intelligence — said there were 209,744 certified sales in February. That’s down […] [Read More]

Women’s History Month marks an important occasion to celebrate the achievements of women as well as their contributions to their respective fields. From Bertha Benz’s pioneering long-distance automobile trip in 1888 to Mary Barra’s appointment as CEO of General Motors in 2014, women have a long track record of significant accomplishments in the automotive realm. […] [Read More]

iSeeCars executive analyst Karl Brauer describes the Mercedes-Benz G-Class as “the embodiment of luxury.” As a used vehicle, the Mercedes-Benz G-Class also sells quickly, even with the high average pre-owned price of $140,921. In fact, the  G-Class was the fastest-selling used vehicle in February, according to a new study from iSeeCars. Regarding buyers of vehicles […] [Read More]

In a year like no other, 2020 saw the automotive sector go through major disruptions in production, sales and shifts in key consumer values like dependability and trustworthiness. As a result, a new group of vehicle models are rising to the top in resale value. The J.D. Power 2020 Resale Value Awards are presented to […] [Read More]

Holman Enterprises has launched an automotive, fleet, and mobility podcast with a goal of exploring important topics and emerging trends related to the movement of people and goods. The monthly podcast, titled, MOTIVE powered by Holman, will provide automotive sector news and trends, along with a behind-the-scenes view of the industry. Industry guests will express their […] [Read More]

As many vehicle owners drove fewer miles last year because of COVID-19 and stay-at-home orders, overall customer satisfaction with auto dealer service departments still increased for a sixth consecutive year. That is according to the J.D. Power 2021 Customer Service Index Study, which showed dealer service visits declining only by 6% from the previous year. […] [Read More]

Nearly 60% of car buyers responding to a Cars.com survey said the pandemic influenced their decision to purchase a vehicle. More than 50% bought sooner than originally planned, according to the company's national survey of more than 1,500 online respondents, released on Wednesday. Another insight from the survey is that over the past year, at-home […] [Read More]