Analysis
Kelley Blue Book supports programs making difference for women & girls
Monday, Mar. 8, 2021, 08:59 PM
Auto Remarketing Staff
Kelley Blue Book’s parent company Cox Enterprises recently expanded its longstanding relationship supporting Girls Inc., a nonprofit that inspires girls to be strong, smart, and bold. To celebrate Women’s History Month, Kelley Blue Book worked with Charitable Adult Rides & Services — or CARS — to launch a campaign helping Girls Inc. and other nonprofits […] [Read More]
PODCAST: Has the auto industry become more diverse & inclusive?
Monday, Mar. 8, 2021, 06:03 PM
Auto Remarketing Staff
Laurie Halter, owner of the Charisma! auto industry public relations firm and host of the "Carearing" podcast, and Cherokee Media Group director of meetings & events Marilu McQuilkin join the Auto Remarketing Podcast. They talk with Auto Remarketing senior editor Joe Overby about diversity and inclusion in automotive, mentorship and whether the auto industry has made progress […] [Read More]
These vehicles hold on tight to their value
Tuesday, Mar. 2, 2021, 08:07 PM
Auto Remarketing Staff
Shoppers choosing to buy a 2021 model from one of Kelley Blue Book’s Best Resale Value Brand winners can be confident that their vehicle will do well in retaining its value over time. That’s according to Eric Ibara, director of residual values for Kelley Blue Book. Ibara provided that opinion as Kelley Blue Book on […] [Read More]
TrueCar forecasts 3.5 million used-car sales this month
Tuesday, Feb. 23, 2021, 04:35 PM
Joe Overby, Senior Editor
Used-vehicle sales this month will likely beat January figures by a double-digit percentage, but slow from a year ago. That’s according to a forecast released Tuesday by TrueCar, which called for 3.5 million used-vehicle sales for February. That sum would beat January sales by 12% but fall 4% short of February 2020 numbers, TrueCar said. […] [Read More]
These used vehicles are selling … slowly
Monday, Feb. 22, 2021, 09:03 PM
Auto Remarketing Staff
iSeeCars recently published a list of the fastest-selling used cars in January, and the Hyundai Palisade came out on top at 26.2 average days to sell. But what are the slowest sellers? On Monday, iSeeCars published a study of the slowest-selling new and used vehicles for January. According to iSeeCars, the slowest-selling used vehicle for […] [Read More]
PODCAST: Troy Scheer of Binary Automotive Solutions
Monday, Feb. 22, 2021, 07:05 PM
Auto Remarketing Staff
Binary Automotive Solutions chief marketing officer Troy Scheer is back on the Auto Remarketing Podcast. In this epsiode, he talks more about social listening and how it can help dealers prevent future problems, lessons learned from 2020, new programs at Binary and much more. Plus, Troy shares a bit about his new podcast, "Culture of […] [Read More]
Optimistic outlook on CPO sales, even with soft start to year
Friday, Feb. 19, 2021, 06:55 PM
Joe Overby, Senior Editor
A sluggish start has not dimmed Cox Automotive’s outlook for certified pre-owned vehicle sales this year. According to the company’s analysis of Motor Intelligence data, January’s 201,023 CPO sales marked a 7% year-over-year decline and a 13% month-over-month drop. But take last month's softening with a grain of salt. The year-ago figure marked a decade-high for […] [Read More]
PODCAST: Cars.com chief revenue officer Doug Miller
Friday, Feb. 19, 2021, 04:32 PM
Auto Remarketing Staff
When car shoppers go back and forth between an online marketplace and a dealer's website, it can be challenging to keep that experience seamless. Cars.com chief revenue officer Doug Miller joins the show to talk about that process, how the various platforms with the CARS group (Cars.com, DealerRater, Dealer Inspire and FUEL) interact during the […] [Read More]
One thing you can still depend on: Your car
Thursday, Feb. 18, 2021, 07:30 PM
Auto Remarketing Staff
In today’s crazy times, consumers can still count on their vehicles. According to the just-released J.D. Power 2021 U.S. Vehicle Dependability Study, vehicle dependability is at an all-time high. The overall level of problems cited by owners has declined 10% from a year ago. J.D. Power’s 2021 study also highlighted the most dependable model. That […] [Read More]
In January, these used vehicles flew off the lots
Friday, Feb. 12, 2021, 08:32 PM
Auto Remarketing Staff
The average used vehicle takes 38.9 days to sell. But the top 20 fastest-selling vehicles only take an average of 29.6 days, more than 30% faster, according to iSeeCars.com. Similar to new cars, SUVs dominate the list of the top 20 fastest-selling used vehicles, according to a new study from the car search engine company. […] [Read More]