In his 10 years as president and chief executive officer with J.D. Power, Finbarr O’Neill helped lead the company through a time of expansion into data and analytics, as well as the integration of acquisitions such as the NADA Used Car Guide and the used car pricing consumer website, National Appraisal Guides. Now, with the […] [Read More]

The days of sports cars and luxury sedans dominating the lease market might be over. That’s according to car lease marketplace, Swapalease.com. In its first quarter 2019 Auto Lease Trends Report, Swapalease.com is asking the question, “Is the luxury sports sedan lease dead?” Swapalease.com executive vice president Scot Hall says luxury sports sedans are at […] [Read More]

Your efforts to get cars from reconditioning to sale-ready faster will always hit speed bumps — that is until everyone involved enjoys the freedom to practice proactive accountability for themselves and teammates. Practicing seamless proactive accountability is critical if you want to transform recon operations to increase inventory turns and hold gross margin. Where accountability is […] [Read More]

Many young professionals under the age of 40 are taking leadership roles at auctions, dealerships, banks, automakers, remarketing organizations, financial institutions, industry vendors/partners, tech companies, industry associations and beyond.  That is why Auto Remarketing is excited for our fifth annual Remarketing & Used-Car Industry’s 40 Under 40. We are looking for nominees across the spectrum of the used-car and remarketing […] [Read More]

The data is in, and it shows that consumers are ready for an autonomous future in terms of vehicles. But they are not only ready — they are excited about it. A new study from the Capgemini Research Institute finds that consumer preference for riding in self-driving cars could double within the next 10 years. Thirty […] [Read More]

U.S. Rep. Roger Williams (R-Texas) has strong feelings about the importance of the used-vehicle market. “It’s growing, because the price of new cars is getting so high, and people are basically payment buyers,” Williams said. “The price of used cars is going up proportionally. “So maybe a person could budget $500 a month, and it […] [Read More]

Enterprise Holdings’ chief executive officer Pam Nicholson, president and chief operating officer Christine Taylor, and Enterprise Holdings Foundation president Carolyn Kindle Betz have something in common. They started out in the company’s management training program. “We firmly believe in the power of the Enterprise Management Training Program, primarily because we've watched it take some of our greatest leaders […] [Read More]

Expect that truck bringing parts to your dealership service department to still have a driver behind the wheel at least for the foreseeable future. A new report from Navigant Research released on Wednesday analyzed the state of the automated medium- and heavy-duty commercial vehicle market, providing global market forecasts, segmented by vehicle class and region, […] [Read More]

Honda and Lexus won in three categories each as CarGurus named the winners of its third annual Best Used Car Awards. Dodge, Ford, and Jeep won two categories apiece. CarGurus says its 2019 awards identify the best recent-year used models across 16 body style categories. The awards are based on CarGurus’ analysis of long-term projected […] [Read More]

Vehicles that maintain high residual/resale values deliver unmistakable benefits to all segments of the automotive ecosystem. Stronger values give manufacturers the ability to offer the market a competitive total cost of ownership advantage that can have a tangible effect on consumers and dealers alike. But what vehicles have the best residual values today? Which ones, […] [Read More]