Vehicle take rates of automated driving features are steadily rising as consumers purchase new vehicles, with the secondary market recognizing the added value placed on these attributes reflected in resale pricing. While we are still in the early days of understanding how quickly the industry will move through the NHTSA’s Automated Driving System (ADS) taxonomy, […] [Read More]

Certified pre-owned vehicle sales continue to be a bright spot for franchised dealerships this year, and KAR Auction Services chief economist Tom Kontos explained how those vehicles that become CPO units helped consignors and the wholesale market in July, too. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model […] [Read More]

A search tool geared toward increasing consumer awareness of auto recalls has reached a milestone: One hundred million vehicles have now been processed through the tool. Carfax, the Alliance of Automobile Manufacturers and the Association of Global Automakers jointly developed the Vehicle Recall Search Service, which launched in March 2018. Those groups say approved commercial […] [Read More]

Lots of people like vehicles such as the Chrysler Pacifica, Honda Fit and Jeep Wrangler. According to Autotrader, pets and pet owners like those vehicles, as well. Autotrader says those and other vehicles on its Best Cars for Dog Lovers list this year are safe and comfortable for those pets and their owners. Celebrating National Dog […] [Read More]

J.D. Power says that when a vehicle retains a strong resale value, it also typically has higher residual values, and the company said in a news release that those vehicles “offer unmistakable benefits to automakers and consumers alike.” In the 2019 J.D. Power Resale Value Awards, which were presented to automakers on Wednesday, the GMC Sierra […] [Read More]

The Q2 Lease Trends Report from Swapalease.com showed that the appeal of crossovers might be at a tipping point. A year ago, Swapalease.com indicated roughly 7.4% of drivers polled said they would shop for a crossover if they needed to go out and lease a vehicle that day. A year later, the site discovered that […] [Read More]

More electric vehicles are available today than ever before, said Chase Disher, an analyst at Autolist. “But that hasn’t done much to change consumers’ perceptions of them,” Disher said in a news release. “The misconceptions that electrics faced at the beginning of this decade are still a major impediment to their success right now.” According […] [Read More]

A Cox Automotive conference call discussing the latest phase of its study titled, “Evolution of Mobility: The Path to Electric Vehicle Adoption,” highlighted results from a Cox Automotive survey of consumers and dealers. One of those findings: Consumers believe EVs are coming, but that hasn’t increased their interest in buying one. The session discussed additional […] [Read More]

In announcing its 2019 Vehicle Satisfaction Award winners, AutoPacific said that Nissan’s Murano and Maxima “continue to be unbeatable” since their redesigns entered the market in 2015 and 2016, respectively. “Even with new competition this year in the all-new Subaru Ascent, Volkswagen Atlas and Lexus ES, the Murano and Maxima came out on top,” AutoPacific […] [Read More]

Eight years ago, CarLotz started out “to change the way people sell their vehicles,” said CarLotz chief executive officer Michael Bor. “Being within the top 500 of the Inc. 5000 is validation that we have truly made an impact in the auto industry,” Bor said in a news release. “I’m constantly impressed by the hard […] [Read More]