Analysis
Certified vehicles still a sought-after product, but late-model scarcity limits sales
Monday, Feb. 17, 2025, 03:52 PM
Joe Overby, Senior Editor
The supply of late-model used vehicles, which remains tight, appears to be the biggest thorn in the certified pre-owned vehicle market’s side.
However, CPO demand — and opportunity — are plentiful.
Getting ahold of those cars is the issue. [Read More]
Tariff tension continues to mount in US auto industry
Monday, Feb. 17, 2025, 12:50 PM
Andrew Friedlander, Associate Editor
None of President Trump’s proposed tariffs have taken effect yet. But the threat of those tariffs looms large over the auto industry. The announced 25% tariffs on all imports from Canada and Mexico, currently on hold, could have a significant impact on the industry, given the large amount of vehicles and components that cross the […] [Read More]
Study finds 3-year vehicle dependability drops as COVID effects linger
Friday, Feb. 14, 2025, 01:56 PM
Auto Remarketing Staff
Three-year-old cars have become less reliable than at any time in more than 15 years, according to the latest data from J.D. Power. The research firm’s 2025 U.S. Vehicle Dependability Study found vehicle problems after three years of ownership have reached their highest level since 2009, with the industry average of 202 problems per 100 […] [Read More]
Report: Brand retention rises, but shows signs of ‘loyalty erosion’
Friday, Feb. 14, 2025, 12:46 PM
Auto Remarketing Staff
On average, automotive brand loyalty rose ever so slightly in 2024. But according to the latest study by Reynolds and Reynolds, there are indications it might be on shaky ground. Reynolds’ 2025 Automotive Brand Retention and Defection Report: Understanding Your Opportunities for Conquest showed last year’s industry-wide average brand retention rate was 43.9%, up 0.2 […] [Read More]
PODCAST: Path to challenging the status quo and finding company value
Friday, Feb. 14, 2025, 12:40 PM
Auto Remarketing Staff
We wrap up our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel focused on “Challenging the Status Quo and Uncover Your Company’s Value.” The conversation features Brennan Hamilton of Rapid Recovery Agency, John Sibbitt of RDN Clearplan and Used Car Week Hall of Famer Jeremiah […] [Read More]
Carvana survey shows most EV owners rarely use public chargers
Wednesday, Feb. 12, 2025, 01:29 PM
Auto Remarketing Staff
While the lack of public charging facilities is one of the most cited reasons by consumers for not considering an electric vehicle, most EV owners say they don’t need or use them. Carvana’s EV Trends Report, which includes a survey of more than 400 Carvana customers who purchased a battery electric vehicle in 2024, found […] [Read More]
New-car incentives re-emerge to combat affordability crisis; analysts cautiously watching impact to used cars
Wednesday, Feb. 12, 2025, 11:38 AM
Joe Overby, Senior Editor
Incentives on new vehicles: remember those?
They’re back in a big way.
After hitting a trough of 2.9% of Equipped Retail Typical new-car prices in 2022, according to Black Book, new-vehicle incentives have climbed the past two years.
That was especially evident towards the end of 2024 ... [Read More]
PODCAST: Why venture capital and investment funding like automotive so much
Tuesday, Feb. 11, 2025, 03:49 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a discussion focused on investment funding coming into automotive and what venture capitalists think of the industry. The conversation featured Steve Greenfield of Automotive Ventures, Mark Norman of FM Capital, Quin Garcia of Autotech Ventures and […] [Read More]
Analysts gauge the state of wholesale vehicle prices one month into 2025
Monday, Feb. 10, 2025, 02:41 PM
Auto Remarketing Staff
The year started off with expectations there might be a return to normal in the used-car market. Well, that doesn’t exactly appear to be the case one month into 2025. Industry observers releasing wholesale vehicle price indices last week noted “uncertainty” and surprises in the market to begin the year. At Black Book, the Used […] [Read More]
Analysts weigh scenarios for potential auto industry fallout from Trump’s tariffs
Friday, Feb. 7, 2025, 12:30 PM
Joe Overby, Senior Editor
The Toyota RAV4. Honda Civic. Honda CR-V. Toyota RAV4 Hybrid. Chevrolet Silverado 2500HD. Lexus RX. Ford Edge. Chevrolet Silverado 1500. What do these vehicles have in common, other than being popular rides? They were the top-selling Canadian-built vehicles in the U.S. during 2024, according to CarGurus. Likewise, the Toyota Tacoma, Chevrolet Equinox, Honda HR-V, Silverado […] [Read More]
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