Carvana makes Los Angeles 1st Calif. market

Auto Remarketing Staff

Carvana has expanded its footprint coast to coast with the recent launch of its new Los Angeles market — the company’s first in California. The online used-vehicle retailer announced Wednesday that L.A. metro area residents can now browse Carvana.com to finance, purchase and trade in old... Read More

Former NADA Pres. Brady joins Kerrigan Advisors

Auto Remarketing Staff

Kerrigan Advisors announced Tuesday it has appointed former National Automobile Dealers Association president Phil Brady as senior adviser to provide the firm counsel on generational transitions and corporate planning. Brady brings Kerrigan Advisors and its clients over 30 years of experience and extensive... Read More

Joe Overby, Senior Editor

Certified pre-owned vehicle sales fell 1.4 percent year-over-year in August, but are still on track for another record-breaking year. According to data from Autodata Corp., there were 230,013 CPO sales for the month, compared to 233,236 in August 2016. Certified sales were up 1.3 percent from July, when CPO sales... Read More

AutoNation signs off on $250M share repurchase

Auto Remarketing Staff

The AutoNation board of directors has approved the repurchase of up to an additional $250 million of AutoNation's common stock, the company announced in late August. Succeeding the increased authorization, AutoNation has approximately $270 million total board authorization... Read More

eBay Motors introduces online repair manuals

Auto Remarketing Staff

eBay Motors recently announced that it now offers online repair manuals as an add-on purchase when shoppers buy a part or accessory on eBay.com. Consumers have access to online repair manuals for over 80 percent of vehicles on the road, according to eBay. “With online repair manuals, we are taking the shopping... Read More

Study: Entry luxury sedans interest up

Auto Remarketing Staff

Data from Jumpstart Automotive Media's latest shopper insight reports reveals that longer ad campaigns see higher click-thru rates and, athough loyalty has continued to recently drop for entry luxury sedans, the segment remains the No. 1 most-shopped luxury segment on Jumpstart sites. Interestingly, while loyalty... Read More

Auto Remarketing Staff

Morrie’s Automotive Group announced Wednesday plans to expand in the Midwest with the addition of five new locations and six new brands. The new dealerships, which will be located in Minnesota and Wisconsin, will be opened by the end of 2018. New locations will include: Volkswagen La Crosse and Audi... Read More

How North American CPO sales are faring this summer

Joe Overby, Senior Editor

With August drawing to a close on Thursday, certified pre-owned sales results for the month should be rolling in sometime shortly after the Labor Day weekend, if not before. As a refresher, here’s how the CPO markets in both the U.S. and Canada have fared so far this year, starting with the U.S. American CPO... Read More