ACV is not in the auction business. Or even in the wholesale business. Nor is it in the finance or transport business. Oh, sure, it does all those things. But during the company’s fourth quarter earnings call, CEO George Chamoun affirmed the company’s overarching purpose. “When you think about our differentiator, we’re not only in […] [Read More]

The used electric vehicle market has entered growth mode and so has one of its emerging retail leaders. Recharged — a Richmond, Va.-based used EV marketplace with online and brick-and-mortar elements — closed a $15 million Series A funding round in November, led by Isogone Ventures, and rolled out new locations in Fairfax, Va., Charlotte, […] [Read More]

CarGurus CEO Jason Trevisan began the company’s fourth quarter and annual earnings call by calling 2025 a “pivotal year” for the company. “We accelerated product innovation, expanding how we serve dealers and consumers as a marketplace, software, and data company, drove significant growth and profitability, and returned capital through disciplined share repurchases,” said Trevisan during […] [Read More]

After announcing a 43% increase in retail sales in 2025, bringing total retail sales to 596,641, the Carvana executive team talked about everything from recon and GPU health to artificial intelligence and post-sale opportunities on their most recent earnings call. Looking back at the year, the quarter, and the company’s current position, Carvana CEO Ernie […] [Read More]

Used cars could be the “rational choice” for many shoppers re-entering the market. And that viability is already showing up in the numbers for early 2026. There were nearly 493,000 used-vehicle retail units sold last month, which was the strongest January for pre-owned sales since 2021, according to the latest Used Market Report from JD […] [Read More]

Sonic Automotive thinks of its EchoPark used-vehicle business as “the Costco … of the pre-owned world.” Sonic’s president Jeff Dyke made that comment during Sonic’s fourth quarter 2025 earnings call on Wednesday. Although he didn’t immediately explain what he meant by the Costco comparison, he said later that EchoPark’s combination of being a low-cost provider […] [Read More]

At the start of last year, OPENLANE CEO Peter Kelly challenged his teams with four key annual goals. Those were: to grow the customer base and vehicle transaction volumes, improve financial performance, and position OPENLANE for long-term success. During the webcast to announce OPENLANE’s fourth quarter and full-year 2025 earnings results, Kelly said the company […] [Read More]

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 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]

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]