Analysis
Deciphering direction of used-car prices can be tricky task
Wednesday, Aug. 27, 2025, 04:10 PM
Joe Overby, Senior Editor
August: the month when summer begins to wind down and school begins. Along with afterschool activities, football practices, etc. And maybe a last-minute family vacation. So that might lead to higher demand (and thus, prices), for minivans and vans, right? But oddly enough, used prices for these vehicles fell $680 month-over-month in August, according to […] [Read More]
Mid-year report shows EV sales rising as overall sales sag
Wednesday, Aug. 27, 2025, 03:43 PM
Auto Remarketing Staff
While overall dealership sales sagged in the first half of 2025, electric vehicles continued to gain momentum, according to the latest report from Urban Science. The automotive consulting and technology firm’s 2025 Mid-Year Automotive Franchise Activity Report showed dealerships on pace to sell an average of 825 units for the full year based on data […] [Read More]
Customer satisfaction, positivity trending upward, Cox study shows
Tuesday, Aug. 26, 2025, 04:42 PM
Auto Remarketing Staff
Turns out car shoppers can get satisfaction. Cox Automotive’s latest report, The 4 Key Drivers of Car Shopping Satisfaction, showed positivity about the car-buying experience has grown over the past decade. The survey of 740 new-vehicle buyers and 350 used-vehicle buyers who purchased from a franchise dealership during the previous 12 months, conducted in January, […] [Read More]
Numerous automotive companies among this year’s Inc. 5000
Monday, Aug. 25, 2025, 02:17 PM
Auto Remarketing Staff
Automotive was well represented on the 2025 Inc. 5000, which ranks companies according to percentage revenue growth from 2021 to 2024. “Making the Inc. 5000 is always a remarkable achievement but earning a spot this year speaks volumes about a company’s tenacity and clarity of vision,” Inc. editor in chief Mike Hofman said in a […] [Read More]
AI-based technologies driving customer satisfaction, JD Power study shows
Friday, Aug. 22, 2025, 04:38 PM
Auto Remarketing Staff
Artificial intelligence is creeping into vehicles, and according to J.D. Power’s latest study, it’s helping drive customer satisfaction. The J.D. Power 2025 U.S. Tech Experience Index Study, in its 10th year, has added a smart vehicle category to evaluate seven AI-based technologies designed to make driving easier and more comfortable. The findings showed several of […] [Read More]
COMMENTARY: 5 ways dealerships can bring back ‘lost souls’ through digital outreach
Friday, Aug. 22, 2025, 11:51 AM
Euwart Anderson, Vehlo
Automotive dealerships invest heavily in acquiring new customers, but a significant challenge lies in retaining them beyond the initial vehicle purchase. Many customers, often dubbed “lost souls,” never return for service or their next vehicle, representing a massive untapped revenue stream which is particularly needed given the impact of tariffs expected later this. In today’s […] [Read More]
PODCAST: Mandy Deveau of DriveHRIS on leading with confidence
Friday, Aug. 22, 2025, 11:25 AM
Auto Remarketing Staff
Mandy Deveau is marketing manager at DriveHRIS, where she leads dealer communication and engagement. In June, she joined Canada’s Used Car Week Live Stage, presented by SYCN Auto Logistics, to talk about “How Women in Automotive Can Lead with Confidence.” Listen to her conversation with Cherokee Media Group senior editor Joe Overby in the window […] [Read More]
Used cars a bargain even at near-record prices, Edmunds report says
Thursday, Aug. 21, 2025, 10:26 AM
Andrew Friedlander, Associate Editor
Used-car prices are at near-record levels. But those high-priced vehicles are still the biggest bargains on the market. Edmunds’ Q2 2025 Used Vehicle Report found the average transaction price of 3-year-old used vehicles in the second quarter rose 5.2% year-over-year to $31,216, just $412 short of the all-time high of $31,628, set in Q2 2022. […] [Read More]
Affordability ‘has implications across nearly every other issue’ in auto industry
Wednesday, Aug. 20, 2025, 07:00 AM
Joe Overby, Senior Editor
Vehicle affordability is like an octopus. Hard to get your arms around. Elusive. Far-reaching tentacles in every direction. And given the impact affordability (or lack thereof) is having in automotive, the topic is worth a bit of ink. “Affordability is the dominant theme at the midpoint of 2025, and it has implications across nearly every […] [Read More]
COMMENTARY: Welcome to halftime! How’s your game plan working so far?
Monday, Aug. 18, 2025, 02:28 PM
Robert Grill, CARFAX
It’s been a crazy first half of the year with dealers experiencing a wide variety of results. What about you: How is your year looking so far? Are you on track to hit your goals and targets? If not, what’s the plan? More of the same, or have you made some adjustments? Let’s take a […] [Read More]
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