Once again, the top 10 models in Kelley Blue Book’s Best Resale Value Award Winners list are dominated by trucks. One exception is what Kelley Blue Book director of residual values Eric Ibara describes as the “much-hyped” 2020 Chevrolet Corvette.   “Without the imminent prospect of significantly higher gas prices, the used-car demand for trucks continues […] [Read More]

The certified pre-owned vehicle market is on the cusp of a decade run of record sales. With 2.8 million CPO vehicles sold, 2019 was the ninth straight year of best-ever certified sales, according to a CAMIO report from Cox Automotive this week. It was also a 4% hike from the prior year. But will 2020 […] [Read More]

The dealership of the future, advancements in fintech, digital auction sales and economic indicators to watch were among the many topics on the table during the various panel discussions that took place at Used Car Week, which was held Nov. 11-14 in Las Vegas. Here’s a glimpse of some of those conversations. Dealers in the […] [Read More]

Five megatrends have the potential to bring modern technology’s full benefits to the mobility sector and to improve the commuter experience, according to Dominik Wee of Google Cloud. Those are autonomous driving, shared mobility, gaining deeper customer insights, digital manufacturing and connected cars. “Autonomous driving is what we believe is the most fundamental one because […] [Read More]

Tractica, a market intelligence firm that focuses on emerging technologies, sought to answer seven questions dealerships and other parts of the automotive industry might have as Mobility as a Service (MaaS) programs gain momentum. A new report from Tractica released on Wednesday indicated that MaaS is providing greater accessibility at similar or lower cost to […] [Read More]

Early spring in North Carolina. Knocking on summer’s door in Toronto. Now, that’s the kind of weather we can get on board with at Cherokee Media Group. Not that more pleasant temps were the reason we made the shift, but the new dates for CMG’s Automotive Intelligence Summit, Auto Remarketing Canada and Women & Automotive […] [Read More]

The Ford F-150 is the most popular used car in Atlanta. It’s also the most popular in Austin, Texas. The same goes for Charlotte, N.C., Denver and Houston. In fact, a new study from car search engine iSeeCars.com shows the F-150 to be the most popular used car in almost half of the most populous […] [Read More]

Many Americans are concerned about global warming and vehicle emissions, according to market research company Ipsos. But only 30% surveyed in a recent Ipsos study said they would buy an eco-friendly vehicle. Ipsos set out to find out, Why is there a disconnect between environmental beliefs and automobile selection? According to the study, which is […] [Read More]

The Tesla Model S may be the original electric luxury car. But the Nissan Leaf “was the first electric car to target the masses.” That's according to Autotrader.  “Think of it as the modern Ford Model T of electric cars,” the third-party listings brand said in a news release about the Leaf. Autotrader recognized both […] [Read More]

This year will mark “the beginning of a slight decline in total” used-vehicle sales, says Cox Automotive chief economist Jonathan Smoke. But keep this in mind: used-vehicle sales by dealerships should keep on climbing. “We believe the retail market will continue to grow as the supply shifts to higher-quality, younger and more expensive used vehicles,” Smoke said […] [Read More]