Honda and car-sharing network, Zipcar, say that they are continuing to expand and test new mobility programs to help consumers get around easier. The two companies announced an expansion of their mobility partnership on Monday, with a goal to achieve what they see as increased access to car sharing in California and Ohio. The expansion […] [Read More]

In the third of six panel discussions recorded at Used Car Week 2018, Nick Zulovich talks with top analysts from J.D. Power, Black Book, ALG and Kelley Blue Book about the off-lease impact on used-car values, residual value forecasting and more. The full discussion can be found below. And stay tuned for more podcasts recorded live during […] [Read More]

In the first of six sessions recorded at Used Car Week for the Auto Remarketing Podcast, conference chair Bill Zadeits moderates the Executive Suite panel discussion with Becca Polak of KAR Auction Services, Rick Ricart of Ricart Automotive Group, Fredrick Stanfield of Cox Automotive and Mike Stanton of NADA. The full discussion can be found […] [Read More]

Think back to Super Bowl LI in February 2017. (Sorry, Falcons fans.) Beyond New England’s whirlwind comeback to win after trailing Atlanta 28-3 in the third quarter, you might recall two of the advertisements that night that served as introductions for many to the Kia Niro model and Alfa Romeo brand. Further, you may have […] [Read More]

Consumers want a car-purchase process that is seamless, streamlined and limits their in-dealership transaction time to an hour or less. That means allowing consumers to compare interest rates, electronically sign credit applications and other documents and shop for finance and insurance products all on a dealership’s website before stepping foot into the dealership. OK, so […] [Read More]

Last year, 53.7 percent of customers returned to market to purchase or lease another new vehicle from the same make they already owned. Also, converting a customer from used to new can have an impact on loyalty rates. More than 29 percent of used-vehicle owners who returned to market for a new vehicle during the […] [Read More]

The concept of market-based stocking, appraising, and pricing has become common place in the retail automotive industry over the past decade. The basic concepts behind market-based stocking makes sense on a macro level; it is very demand-based.  If consumers are purchasing certain vehicles in your market, you should source those vehicles because they are more likely to […] [Read More]

Traffic to Cars.com was up 11 percent in 2018, and an especially strong final month to the year could signal healthier-than-expected car buying in early 2019, the company says. And the outlook could be particularly rosy for the used-car market. The company said it had 12 straight months of growth, including a 21-percent year-over-year traffic […] [Read More]

If you’re in the auto industry, you might think of Jim Hallett as a car guy. Or a business guy, if you happened to catch his recent appearance on CNBC’s “Mad Money.”  But know this, too — Jim Hallett is a hockey guy. In addition to the hat he wears as chief executive of KAR […] [Read More]

Successful applications for vehicle-lease transfers closed 2018 on a positive note, generating the second-highest reading of the year. Swapalease.com reported on Monday that vehicle-lease credit applicants registered a 71.4 percent approval rate in December, representing a rise from the November reading of 68.9 percent. Site officials highlighted December experienced a slightly lower number of applicants […] [Read More]