Analysis
Autotrader joins Disney Pixar for promo with “Cars 3” cast
Tuesday, May. 9, 2017, 06:01 PM
Auto Remarketing Staff
Autotrader has launched a television advertising campaign with Disney Pixar's “Cars 3,” which includes a 30-second television commercial featuring members of the well-known cast that will debut on television during the 2017 NBA Playoffs on TNT. "Collaborating with Disney Pixar's 'Cars 3' was a natural fit for Autotrader for more than the obvious reason of the spotlight our […] [Read More]
Reynolds UK expands suite of retailing tools for dealers
Tuesday, May. 9, 2017, 04:44 PM
Auto Remarketing Staff
Reynolds and Reynolds in the U.K. announced that it has expanded its suite of retailing tools for dealers. "The customer-dealer relationship continues to change," Reynolds U.K. Automotive managing director Adele Feeney said in a news release. "Over the past several years, we have expanded our suite of retailing tools for dealers. These tools are helping […] [Read More]
Asbury names new CFO
Friday, May. 5, 2017, 08:53 PM
Auto Remarketing Staff
Asbury Automotive Group named its new chief financial officer late Friday afternoon. Chosen for the role of senior vice president and CFO is Sean Goodman, who comes to Asbury from Unifi, a company in the textile industry. He will join Asbury on July 5, replacing Keith Style, who was set to step down on March […] [Read More]
April seems to be positive sign for used-car market
Friday, May. 5, 2017, 07:03 PM
Joe Overby, Senior Editor
When it comes to used-car prices, the sky might not be falling after all, if indications from a Manheim report bear out. The auction company’s index measuring used-car prices increased for the first time all year, and the used retail market buzzes along at a solid clip. The Manheim Used Vehicle Value Index came in […] [Read More]
Auto Remarketing Podcast: Wayfaring wisdom with Nick Zulovich
Thursday, May. 4, 2017, 06:19 PM
Auto Remarketing Staff
In Episode 2 of the Auto Remarketing Podcast, co-host Nick Zulovich joins Joe Overby to chat about his three trips in five weeks to cover automotive finance and compliance events. Plus, Nick and Joe talk Carvana, used-car standalone stores and the “political theater” of the CFPB. Also, if you would be so kind, please complete our […] [Read More]
Study: Dealers need to know more in the digital age
Wednesday, May. 3, 2017, 06:46 PM
Auto Remarketing Staff
Dealers often overestimate the trust car shoppers have in them and customers sometimes know more than the salesperson, according to MAXDigital’s recently released strategic dealer research study on the subject of trust and transparency in the digital age. MAXDigital surveyed U.S. dealers during the 2017 National Automobile Dealers Association Convention and Expo. Almost 70 percent […] [Read More]
CRIF Lending Solutions partners with Carvana
Wednesday, May. 3, 2017, 06:14 PM
Auto Remarketing Staff
On Wednesday, CRIF Lending Solutions announced a partnership to integrate Carvana’s online automotive retail platform with its ACTion and SAIL loan origination systems. CRIF said its new collaborative effort aims to help financial institutions effectively reach pre-approved customers or members for direct auto loans. “Integrating our platforms with partners like CRIF Lending Solutions provides consumers […] [Read More]
Millennials desire luxury more than previous generations
Wednesday, May. 3, 2017, 05:50 PM
Auto Remarketing Staff
As millennials continue to turn from the way previous generations have shopped in this digital age, their growing desire for luxury vehicles has surpassed older generations as well, according to the Harris Poll's 29th annual EquiTrend Study. The report on consumer’s preferences reveals what Harris found to be the strongest brands across the automotive industry as […] [Read More]
Cargo room, vantage point drive SUV interest
Tuesday, May. 2, 2017, 09:28 PM
Chris Hart-Williams, Staff Writer
Consumers' heightened interest in compact SUVs and midsize utility vehicles over sedans is driven by cargo and a high vantage point, rather than the recent drop in gas prices nationally, says Michelle Krebs, executive analyst for Autotrader. “KBB did a quick poll, not scientific necessarily,” she said during a conference call with the media on […] [Read More]
Wise F&I offers new coverage plan for older vehicles
Monday, May. 1, 2017, 08:56 PM
Auto Remarketing Staff
Wise F&I recently announced that it is expanding its vehicle service contract programs and has developed WiseMVP, a pre-owned motor vehicle service contract that provides coverage for vehicles that are up to 20 years old and that have up to 200,000 miles. The company said its new plan allows consumers who purchase an older vehicle […] [Read More]
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