Certified vehicles still a sought-after product, but late-model scarcity limits sales
Monday, Feb. 17, 2025, 03:52 PM
AutoNation earnings highlight uncertainty, used-vehicle optimism
Monday, Feb. 17, 2025, 01:04 PM
Sonic fourth quarter results take hit from too much used inventory
Friday, Feb. 14, 2025, 03:59 PM
Premium Articles
Group 1 used GPU took a dive in 2025 but CEO sees sunnier skies in 2026
Friday, Feb. 20, 2026, 04:57 PM
Alysha Webb, Correspondent
Group 1 Automotive sold more used vehicles in the fourth quarter and for all of 2025 than in the previous year, but made less money from those sales. Executives in the earnings call put a positive spin on the news, however. “Our used GPUs in the U.S. are higher today than pre-COVID. They’re lower than […] [Read More]
CPO’s peace of mind resonates with franchised dealers
Friday, Feb. 20, 2026, 04:53 PM
Joe Overby, Senior Editor
CPO FOMO is real. The certified pre-owned segment is an “underutilized” lever with a bevy of advantages for dealers and automakers, said Jonathan Banks of J.D. Power during a presentation at the JD Power Auto Summit earlier this month. Average monthly payments on CPO vehicles last year ($592) were comparable to average non-CPO used ($609) […] [Read More]
How automaker CPO programs thrive amid challenging landscape
Thursday, Feb. 19, 2026, 03:01 PM
Joe Overby, Senior Editor
The outlook for the certified pre-owned vehicle market is strong, say leaders of automaker CPO programs who talked with Auto Remarketing at NADA Show 2026 and in preceding weeks. Sales in 2025 were robust, despite ongoing supply challenges and general affordability issues within automotive. Expanded tiers have worked for some automakers, while off-lease supply is […] [Read More]
AutoTrader launches ChatGPT integration
Thursday, Feb. 19, 2026, 11:02 AM
Sarah Rubenoff, Correspondent
AutoTrader, one of Canada's largest online vehicle marketplaces, is the latest to integrate with ChatGPT and advance its partnership with OpenAI. Shortly after the news was released and discussed at NADA Show 2026, Auto Remarketing Canada spoke with Jody Gill, chief sales officer at AutoTrader, about the rationale for the move and dealer sentiment to […] [Read More]
Costco’s CPO efforts pay off with quantum leap forward to open 2026
Tuesday, Feb. 17, 2026, 03:30 PM
Andrew Friedlander, Associate Editor
If the December numbers for Costco Auto’s certified pre-owned and select pre-owned programs were very good, the January numbers were eye-popping. After demand for CPO and SPO vehicles held steady through much of 2025, Costco reported a strong 10% year-over-year jump in December. That jump transformed into a giant leap in January, when Costco member […] [Read More]
Dealers fight compressed profit margins with ‘customer-centric F&I’ centered on ‘advising, not selling’
Tuesday, Feb. 17, 2026, 10:27 AM
Sarah Rubenoff, Correspondent
Canadian dealers, franchised and independent, are facing a volatile supply environment and compressed profit margins across multiple fronts. And more than ever, add-ons and F&I offerings are integral to dealership bottom lines. When done well, the business office often drives repeat sales while building trust and reinforcing its individual brands as a dealer. Jake Stacey, […] [Read More]
Penske addresses 2025 obstacles, 2026 optimism
Monday, Feb. 16, 2026, 03:32 PM
Daryl Lubinsky, Correspondent
Penske Automotive persevered through a challenging fourth quarter of 2025, and the company’s used-vehicle business was no exception. “Used-vehicle sales continue to be constrained by fewer lease returns and affordability,” said Rich Shearing, North American operations officer for Penske Automotive Group. Shearing made that comment during Penske’s fourth quarter 2025 earnings call last week. He […] [Read More]
Uber for Business, Mazda partner to help dealers deliver stronger customer service
Friday, Feb. 13, 2026, 01:33 PM
Joe Overby, Senior Editor
Mazda dealers have a new way to offer their customers a pick-me-up. On Thursday, Uber for Business announced a partnership with Mazda North American Operation that allows the automaker’s dealers to provide courtesy rides through Uber’s platform. The program is being rolled out to Mazda dealers in the U.S., who can now utilize Uber’s network […] [Read More]
Used-car sales boost Lithia’s Q4 results as new-vehicle sales sag
Thursday, Feb. 12, 2026, 12:14 PM
Alysha Webb, Correspondent
Strong used-vehicle sales saved Lithia & Driveway's otherwise somewhat disappointing fourth quarter results. And while used profits per unit were stagnant, Lithia sees considerable room to improve in that area. Older cars are the key. “I think there's a stage and an evolution that occurs in selling used cars, that I think we've got the […] [Read More]
Good news, challenging news in AutoNation’s used-car results
Tuesday, Feb. 10, 2026, 03:07 PM
Daryl Lubinsky, Correspondent
Here’s some good news: Used-vehicle gross profit for AutoNation was up 5% for the year of 2025, and that reflected increases in used retail and used wholesale, said AutoNation chief financial officer Tom Szlosek. Retail profitability per unit for the year was in line with 2024, but the not-so-good news is that it was modestly […] [Read More]
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