In the last two years, electric vehicles and plug-in hybrids have nearly quadrupled their combined share of Carvana’s sales, the online used-car retailer said in a special report. And it’s perhaps a surprising segment leading that EV/PHEV surge. In its EV Trends report released Wednesday, Carvana said 9% of its sales in second quarter were […] [Read More]

The agenda for Used Car Week 2025 — featuring of dozens of sessions covering the retail, remarketing, finance and collections/recovery segments of the used-car industry — is now available. The itinerary includes workshops on specific best practices with industry experts, panel discussions and fireside chats with C-suite leaders, coupled with awards luncheons and ceremonies, networking receptions, afterhours events and even pickleball. Used Car Week is ... [Read More]

Cherokee Media Group has announced the launch of Used Car Brief, a new bi-monthly series designed to deliver fast, focused insight into the trends shaping the used-car industry. Each edition highlights key developments, emerging challenges, and fresh opportunities across retail, wholesale, and finance — giving you the intel you need to stay ahead. In the debut brief ... [Read More]

Don't miss your chance to recognize up-and-coming leaders in the used-car business. Nominations for Auto Remarketing's Industry Under 40, presented by IAA, end Tuesday. To submit your nomination ... [Read More]

The term “lifestyle” is a useful prompt if you’re looking to fire up your imagination and generate mental images of people. When we hear about a person with an active lifestyle, we think of someone who is focused on fitness or outdoor activities. Someone living a digital lifestyle is typically an early adopter of the […] [Read More]

Consumers are shelling out more on used vehicles this summer, especially if the new-to-them ride is an electric/hybrid or luxury vehicle. That’s according to the latest Carfax Used Car Index, which showed widespread year-over-year used-vehicle price increases this month. The largest was for used hybrids and EVs, whose prices in July were up close to […] [Read More]

The dealership space is a bit of an untapped resource in commercial real estate. But property and real estate matters are crucial areas for dealers to monitor. That’s where Ned Hennessey and the team at Surmount come into play. Surmount is a full-service commercial real estate platform and said it’s the only one focused exclusively […] [Read More]

Auto dealers today are under constant pressure to operate more efficiently, forecast more accurately, and make faster, data-driven decisions. From inventory management to customer engagement, traditional methods of running a dealership are being re-evaluated in favor of smarter, scalable approaches rooted in automation and intelligence, which means successful dealers are constantly forced to keep pace […] [Read More]

Car dealers and car buyers both share a strong interest in the future of the auto retail business. But according to the latest research from automotive consulting and technology firm Urban Science and The Harris Poll, they have widely differing ideas about what that future will look like. For example [Read More]

The certified pre-owned market closed the first half of the year up roughly 2% from 2024, but the final month of the first half was a tough one — though that was expected. Citing its analysis of Motor Intelligence data, Cox Automotive said there were 200,950 CPO sales in June, which is down 3.7% year-over-year […] [Read More]