More and more people seem to be questioning the value of car ownership, and millennials and seniors appear to be at the forefront of this trend. More new vehicles were leased in the first half of 2016 than during the first half of any other year, according to the latest Lease Market Report from Edmunds.com. And […] [Read More]

Today’s new cars may be chock-full of the latest technology and features, but that comes at a price. In fact, the average price of a new car is $33,801. Because many people cannot afford a large monthly payment (let alone buy a new car outright), there exists a healthy market for affordable used cars. Still, […] [Read More]

Certainly automakers and dealerships want buyers to pay a premium retail price for a certified pre-owned vehicle stemming from the reconditioning and other costs associated with the unit. But are consumers ready to pony up the extra cash or willing to finance that additional cost? The latest survey from NADA Used Car Guide gave OEMs […] [Read More]

In an effort to help edgy parents who walk into your showroom or submit an inquiry through your store website, U.S. News & World Report released a list of six vehicles the publication classified as the 2016 Best Cars for Teens. These models have advanced safety features, new technologies for novice drivers, top crash test […] [Read More]

The Justice Department filed a lawsuit this week in the Eastern District of Michigan to recover damages from the COPOCO Community Credit Union, alleging that the institution violated the Servicemembers Civil Relief Act (SCRA) by repossessing protected servicemembers’ vehicles without obtaining the necessary court orders. The SCRA protects the rights of servicemembers on active duty […] [Read More]

Automakers are investing heavily in autonomous and connected-car technology, but with these potentially exciting developments comes an increased possibility for cyber-attacks against vehicles. Among the consequences of failing to protect against cyber attacks is loss of business. In fact, 82 percent of consumers surveyed said they would be wary of buying from or would never […] [Read More]

Sales of certified pre-owned vehicles are setting records. But a study commissioned by NADA Used Car Guide found consumer awareness about CPO programs still has plenty of room to improve. In a special report shared with Auto Remarketing on Tuesday, NADA UCG determined 50 percent of 18- to 34-year-olds who participated in the survey stated […] [Read More]

Lori Wittman, senior vice president of sales and finance and insurance solutions for Cox Automotive, was recognized as one of 2016’s Women Who Mean Business by the Kansas City Business Journal. The company highlighted this exclusive list honors female entrepreneurs and executives for their outstanding professional accomplishments and for their contributions to the Kansas City […] [Read More]

According to IHS Automotive forecasts, 55 percent of annual global new vehicle sales in 2020 will be vehicles that are connected. At that time, nearly half of the global fleet of vehicles in operation will be connected. And the future, it seems, is here, as a recent IHS Automotive global consumer survey called Connected Cars […] [Read More]

Coinciding with software provider Recall Masters enhancing its tracking solution, J.D. Power through its SafetyIQ platform combed through data generated by the National Highway Traffic Safety Administration. Analysts found that more than 45 million vehicles subject to safety recalls issued between 2013 and 2015 are still un-remedied. On Monday, J.D. Power described the situation created by […] [Read More]