Car dealerships don’t appear in any imminent danger of joining the brick-and-mortar retail graveyard haunted by the fates of big-box stores in other industries, many of whom were usurped by the likes of Amazon and Netflix and their own failures to adapt to customer demand. In the case of dealers, says David Kain, “I think […] [Read More]

You can expect the international used-car market to show some nice growth over the next handful of years, according to two reports released in the past week. Technavio, a global tech research and advisory firm, forecasts a 128.42 million-unit global used-car market by 2021. That would represent a compound annual growth rate of more than […] [Read More]

Sometimes that vehicle you delivered just turns out to be a lemon. Los Angeles-based law firm Consumer Law Experts conducted a study to find out how often lemons are rolling over the curb and which automakers manufactured those units. The firm also made a recommendation on the role dealerships can play to prevent the situation […] [Read More]

In Episode 4 of the Auto Remarketing Podcast, Nick Zulovich sits down with John Pappanastos, president and chief executive officer of EFG Companies.  Plus, the car-buying habits of millennials and the one guy at Auto Remarketing cool enough to drive a Wrangler. Also, if you would be so kind, please complete our audience survey. Download and subsribe […] [Read More]

While wholesale auctions are still the primary channel for commercial vehicle owners to remarket end-of-cycle vehicles, a growing trend among progressive vehicle remarketing professionals has been to sell vehicles through the emerging retail channel, either through their own dealerships, online service providers, or retail consignment. What’s driving this trend? 1. Growth in off-lease volume First […] [Read More]

As American Recovery Service (ARS) and Digital Recognition Network (DRN) highlighted the fruits of its ongoing partnership, DigitalDog Auto Recovery recently announced Jason Stephens has rejoined the California repossession, locksmithing and transportation firm to further develop their growing footprint in the California repossession market, as well as exploring growth into other states. Stephens comes with a […] [Read More]

Following an analysis of its online reviews, Cars.com released its latest list of U.S. consumers' both most reviewed and most highly reviewed vehicles on Wednesday. “Shopper reviews are a critical part of the car shopping process,” Cars.com data analyst David Greene said in a news release. “Cars are one of the largest investments anyone makes, and […] [Read More]

The dealership group may not discuss it publicly very often or show its hand. But don’t be mistaken. Asbury Automotive Group is working on — and investing in — its digital capabilities. “We all agree this industry is changing, and it’s changing very rapidly. And so are we. We are not very public about what […] [Read More]

A new survey from CarGurus reveals that the first car buying experience of millennials starkly differs from that of previous generations. Compared to millennials, baby boomers were not only found to have been more involved when selecting their first car, but were also far more likely to have contributed to the purchase cost, the online automotive […] [Read More]

Along with some insight regarding behavior of new college graduates, Swapalease.com on Monday reported credit applicants for vehicle lease transfers dropped in April on both a sequential and year-over-year basis. However, the downward movements didn’t surprise site officials. The site indicated applications coming into its pipeline registered only a 60.0 percent approval rate for April, […] [Read More]