Analysis
COMMENTARY: This is 40 (Under 40)
Wednesday, Jul. 19, 2017, 08:14 PM
Joe Overby, Senior Editor
I’m a fan of an underrated comedy, and one that I’ll stop and watch almost any time it’s on cable is “This is 40.” Part of why the movie works is because its two co-stars, Leslie Mann and Paul Rudd, are seemingly “ordinary” folks. Each of them seem like the next-door type, both in this movie […] [Read More]
Daimler recall includes 3 million diesel units mainly in Germany
Tuesday, Jul. 18, 2017, 05:35 PM
Auto Remarketing Staff
Millions of vehicles in the U.S. and Canada have been recalled because of the Takata airbag saga, plus a wide array of other issues. Now Daimler made the move to recall more than 3 million vehicles in Europe to fix emission issues stemming from the diesel engine in certain Mercedes-Benz models. The Daimler board of […] [Read More]
39 models maintain monthly lease offer
Tuesday, Jul. 18, 2017, 04:17 PM
Auto Remarketing Staff
As lease offers abound, monthly payments on 39 vehicles maintained their current price points, according to analysis shared by Wantalease.com on Tuesday. Site officials added there are 15 models being offered for $200 per month or less and three vehicles currently available for lease at less than $150 per month. Those units with the least […] [Read More]
Consulting firm discusses ‘used-car time bomb’
Friday, Jul. 14, 2017, 03:50 PM
Auto Remarketing Staff
The newest report from AlixPartners — whose client roster includes corporate boards and management, law firms, investment banks and other kinds of investors — cautioned the industry that a “used-car time bomb” is about to explode. AlixPartners explained that it arrived at that dire assertion through a project that began two years ago through what […] [Read More]
Car Keys Express expands into London, its 1st overseas market
Friday, Jul. 14, 2017, 02:55 PM
Auto Remarketing Staff
Car Keys Express has expanded the company’s international footprint further with the opening of its first European office, which will be in London. “This year, we pushed well beyond our core markets in the U.S. and, with the successful move into Canada, London is a natural first step to introducing our service to the overseas market,” […] [Read More]
LeasePlan names senior VP to lead operations teams
Friday, Jul. 14, 2017, 01:23 PM
Auto Remarketing Staff
LeasePlan USA has appointed a new senior vice president of operations to oversee the company’s teams that manage the lifecycle of its vehicles. Chosen for the position is Juan Perez, whose leadership and management experience in logistics spans more than 25 years, according to LeasePlan. “Juan is a true leader dedicated to our client’s successes,” […] [Read More]
Inside the numbers: Supply, demand and off-lease volume
Thursday, Jul. 13, 2017, 03:56 PM
Tony Hughes, Moody's Analytics
Your credit is good and the lease contract on your 2015 vehicle is about to expire: what are your options? You could choose to pay the residual and keep your current ride. You could trade the vehicle for a new one or for an alternative used car. Finally, you could hand in the keys and […] [Read More]
COMMENTARY: Connecting the dots with dealership data
Wednesday, Jul. 12, 2017, 08:05 PM
Sharon Kitzman, Dealertrack
Recently, I heard about a dealership customer that ended up with a real lemon of a car. During the customer’s short-lease term, she experienced a series of significant mechanical issues. She completed a dealership survey after every service experience, each time expressing frustration about the vehicle’s quality. She was never contacted by the dealership until […] [Read More]
Cars that are half of new-vehicle price after 3 years
Wednesday, Jul. 12, 2017, 04:56 PM
Auto Remarketing Staff
In a recent study, iSeeCars.com found several 3-year-old vehicles whose respective prices now are about half of what they were when they were new. These 2014 model-year vehicles are what iSeeCars calls its 11 Best-Bargains list. The automotive data and research firm analyzed over 5.8 million car sales to identify models with the greatest loss in value […] [Read More]
Podcast: Kyle Petty and RMS Automotive’s Nick Peluso
Wednesday, Jul. 12, 2017, 01:41 PM
Auto Remarketing Staff
We switched gears a bit for this episode of the Auto Remarketing Podcast. Instead of discussing residual values, wholesale volume or shopper behavior, Nick Zulovich had the opportunity to be joined by one of the most famous names in auto racing — Kyle Petty. With National Motorcycle Day coming up on Friday, Petty, along with […] [Read More]
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