Used-car shoppers are marching to electric and hybrid vehicles this month, it appears. Citing internal data, used-car retailer CarMax said searches for electric vehicles and hybrids on its website from March 2 through Sunday was up 12.8% from Feb. 1 to March 1. This “statistically significant lift” in shoppers looking for these rides indicates, “rising […] [Read More]

Sales were up for the third straight year and the number of cars up for sale at auto auctions reached a five-year high, according to the National Auto Auction Association’s 2025 NAAA Market Intelligence Report released Monday. There were more than 8 million vehicles sold through NAAA-member auctions last year, beating 2024 figures by 3%. […] [Read More]

Auto Remarketing has released its annual Best CPO Dealers issue, presented by AutoVision, which provides a brand-by-brand ranking of the top dealers for certified pre-owned vehicle sales at 16 automakers. For the remainder of March, we will be showcasing this issue by sharing the individual automakers’ respective top 10 lists. All rankings are provided by the automakers. […] [Read More]

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby about his career and the folks who have impacted that journey, the challenges and opportunities in […] [Read More]

Doug Marohn is back in a familiar role as a chief executive officer. The auto-finance executive who has been CEO of Nicholas Financial and Metrolina Credit Co., now is leading 1803 Capital, which does business as Edge Financial Services. Marohn’s appointment was effective immediately and he’s also been appointed as a member of the company’s […] [Read More]

Credit Acceptance created a new executive position last week and filled it with another professional whose career includes time with T-Mobile. The subprime auto finance company announced that Steffen Schumann has joined Credit Acceptance as chief business officer, reporting to CEO Vinayak Hegde. Credit Acceptance said Schumann will help drive growth by further strengthening enterprise […] [Read More]

Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale operation, Kontos reflected on how he transformed his education and early professional positions in minerals […] [Read More]

Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business with his dad and sister.  In the episode of Auto Remarketing Podcast posted below, he […] [Read More]

No bracket busters here. It was all blue bloods in Kelley Blue Book’s Best Resale Value Awards. Earning the top spots in the awards released Thursday were Toyota, which has now won the Best Resale Value: Brand award for six straight years, and Lexus, celebrating its fifth straight win for Best Resale Value: Luxury Brand. […] [Read More]

Automotive M&A firm Dave Cantin Group said Friday it has hired Haig Partners co-founder and former Asbury Automotive Group executive Nate Klebacha as chief acquisition officer, a newly created position designed to “emphasize and prioritize DCG’s advisory capabilities.” Prior to joining DCG, Klebacha led his own auto retail advisory firm. His past experience includes co-founding […] [Read More]