Make it four straight months of record-high readings for the Manheim Used Vehicle Value Index.   In August, wholesale vehicle prices — adjusted for mix, mileage and seasonality — were up 0.75 percent from July, according to the latest report on the index compiled by Cox Automotive chief economist Jonathan Smoke. The resulting measure of […] [Read More]

Automakers are continuing to shift more dollars from their historically massive broadcast TV buys to digital video spends. However, for many, digital video is still a new frontier – and one that requires special considerations if marketers are to take advantage of its unique engagement opportunities and ability to drive “butts in seats” (i.e. sales). The auto […] [Read More]

We are back in the studio this week. And in this episode, Joe chats with Serge Vartanov, chief marketing officer of AutoGravity, one of the key players in fintech and digital disruption in auto finance. Check out their conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the […] [Read More]

More money is flowing into companies that cater to alternative forms of vehicle use; this time with plenty of European and Asian involvement. Peer-to-peer car sharing marketplace Turo said this week it has raised $92 million in Series D funding. Daimler and SK Holdings — one of South Korea's largest conglomerates — led the round, […] [Read More]

The weather-related developments connected to the used-vehicle industry arise seemingly by the day now that it’s near the height of hurricane season. While the National Auto Auction Association Standards Committee made an adjustment to the NAAA arbitration policy, Group 1 Automotive described what shape that dealer group finds itself in the aftermath of Hurricane Harvey. […] [Read More]

The used-vehicle industry appears to be in better position to welcome extra demand stemming from destroyed units strewn within the path of Hurricane Harvey. But can individuals who lost so much in Houston and elsewhere in the Gulf region handle the potential extra cost of securing new transportation? That’s what experts are now considering. During […] [Read More]

Many young professionals are taking leadership roles in the auto industry and impacting the remarketing and used-car business. In Year 3 of Auto Remarketing’s annual Remarketing & Used-Car Industry’s 40 Under 40, you will find the current- and next-generation leaders of the business who are making big differences in the industry and at their respective […] [Read More]

The North Bay Business Journal has named AUL Corp. one of its ‘Best Places to Work in the North Bay’ for the fourth consecutive year. The award recognizes companies that embody quality, professionalism, respect, fairness, pride and camaraderie, according to how their own employees' rate them.  AUL and other award recipients were selected based on over 8,200 […] [Read More]

From automakers to state dealer associations to finance companies, the automotive industry is answering the urgent call for resources to help victims caught in the path of Hurricane Harvey. One of the largest single commitments came from the collaboration of Toyota Motor North America (TMNA), Toyota Financial Services (TFS), The Friedkin Group, Gulf States Toyota […] [Read More]

A day after Kerrigan Advisors shared its latest report about dealership buy/sell activity, Haig Partners released its own analysis on this topic on Tuesday, explaining how action ramped up in the second quarter after getting a bit of a slow start at the beginning of the year. The Haig Report indicated the number of dealerships […] [Read More]