The spring season uplift in wholesale vehicle prices may be drawing to a close, but the threat of tariffs could drive prices right back up, according to used-car value analyses released Friday. “We don’t expect the strong spring season to influence the trend in the coming months. The overall depreciation is expected to fall further […] [Read More]

A hacker can access the steering wheel or the brakes of your automobile. Sixty-one percent of connected vehicle owners who responded to a recent survey did not know that. And 33% did not know that hackers can gain access to a connected vehicle using a key fob as a potential pathway. The new study from […] [Read More]

After launching as a pilot a year ago in Philadelphia and Nashville, Tenn., the Mercedes-Benz Collection vehicle subscription program is expanding to Atlanta, which is home to Mercedes-Benz USA. Additionally, the subscription program is adding the Premier tier in Nashville, the company said Monday. Mercedes-Benz Collection is a collaboration between MBUSA, Mercedes-Benz Financial Services USA […] [Read More]

Trust. It’s one of the most powerful human emotions, said global automotive marketing agency AMCI. “We are biologically wired to make our decisions based on trust,” the company said in a news release. But trust has been a challenge for the auto industry.  Building trust is important as OEMs and dealers deal with various factors such […] [Read More]

As dealers scurried to meet sales objectives to close May, President Trump announced another possible tariff that automotive industry leaders and observers caution could leave significant negative impacts. Associated with what the president called the “border crisis,” the White House released a statement saying the United States will impose a 5% tariff on all goods […] [Read More]

­­As part of Auto Remarketing’s Top 100 Used Car Dealers: Franchised Edition, we highlight some of the leading lenders in the space. The Top Used-Car Lenders Among Franchised Dealers ranking is based on data from  Experian Automotive, which includes the top 20 lenders with the greatest share of used-car loan origination units among franchised dealers in […] [Read More]

Sales of cars and trucks have risen since the end of the 2009 Great Recession, and because vehicle owners are driving their vehicles longer, service has also expanded. Consumer awareness of the need for preventive maintenance, repairs and scheduled servicing to extend the overall value of their vehicles has created rising demand for parts and […] [Read More]

Vehicles that retain a strong residual value offer an unmistakable benefit to automakers and consumers alike. Such models allow for a competitive cost of ownership and leasing advantage, with some being better values when it comes to leasing. One of the biggest factors in the total cost of a lease is the vehicle's residual value. […] [Read More]

Music. Movies. TV shows. And even … razors. The subscription economy has completely taken over. Customers now expect to pay a flat monthly fee for unlimited services. That expectation is moving into the automotive industry, according to Syncron, a provider of cloud-based after-sales services. The company said in a news release that because of those expectations, […] [Read More]

The latest vehicle sales forecast from J.D. Power and LMC Automotive shows a new-car market challenged by “rising inventories of unsold vehicles.” But some dealers are getting a shot in the arm from their used-car sales, which for franchised dealers have grown nearly 6% month-to-date, according to J.D. Power — though other analyses show mixed […] [Read More]