Many young professionals are taking on leadership roles in the auto industry and impacting the remarketing and used-car business. And 40 of these outstanding leaders are featured in the Sept. 1 edition of Auto Remarketing. In our fourth annual Remarketing & Used-Car Industry’s 40 Under 40 issue, you will find the current- and next-generation leaders of […] [Read More]

If you think the East Coast is hot right now, look at what’s happening in the used-car market. Especially in terms of prices. One particular index measuring used-car prices is poised to reach its highest level in almost three years, the annual retail sales rate is approaching 40 million and dealers are showing optimism. Granted, […] [Read More]

It’s an interesting enigma, the 3-year-old car. Supply for these vehicles is at record levels, says a report from Edmunds. But that doesn’t appear to have slowed sales. According to the company’s latest Used Car Report, roughly a fourth of used-car sales at franchised dealerships during the second quarter were 3-year-old rides. But the average […] [Read More]

In an age where driving is the most popular means of commuting in the country each day, drivers can find themselves trying to avoid top annoyances like other people’s poor driving, rush-hour traffic and the cost of gas, CarGurus recently found. The company’s new Commuting Sentiment Survey of 1,877 commuters found that most commuters in the […] [Read More]

Insights from the car owner experiences of more than 3.2 million drivers can now be accessed from the new JDPower.com car-shopping website that shares recent vehicle rating, review and award verified data. To help car shoppers find dependable makes, models and body styles for model-years 2013 to 2018, J.D. Power announced Monday that its site now […] [Read More]

Among the thousands of companies named on the 37th annual Inc. 5,000 List of the Fastest Growing Companies is this year’s 13th place winner Podium. The communication platform provider is joined by several other auto-related companies, including the likes of PureCars, CARCHEX, Client Command, ClassicCars.com and CarLotz. Auto Remarketing’s Joe Overby spoke with CarLotz chief […] [Read More]

The RAM 3500 has the best resale value in the industry, according to J.D. Power, who released its 2018 J.D. Power Resale Value Awards this week.  On Wednesday, J.D. Power recognized mass market and luxury models for best resale value across 24 model-level vehicle segments. While the RAM 3500 received the highest honor for best resale value this […] [Read More]

When it comes to vehicle interests — like peoples’ tastes in almost anything — it can vary depending on their age at the time. Amid a market filled with a plethora of various car types and brands to choose from, CarMax recently gathered insights from its own customers for a study looking into which cars are most popular among […] [Read More]

The certified pre-owned vehicle market reached a major milestone in the second quarter and “moved past the 700,000 threshold for the first time,” according to a report released Tuesday by Edmunds. Specifically, there were 711,270 CPO vehicle sales during the quarter, beating year-ago figures by 2.5 percent, Edmunds said in its latest Used Car Report. Separately, the […] [Read More]

While the buzz term “influencer marketing” may sound like a trendy industry tactic, it's been in the marketing world for some time now, but it seems to be gaining importance — especially in automotive circles. The concept behind influencer marketing has made its rounds with celebrity endorsements in the automotive industry, harnessing the celebrities’ popularity […] [Read More]