Analysis
J.D. Power study suggests drivers becoming overwhelmed by unnecessary technology
Thursday, Aug. 22, 2024, 02:24 PM
Auto Remarketing Staff
Automakers love to load up their new models with the latest technology. But is there a point at which it’s too much? J.D. Power’s latest research suggests that point might have been reached. The 2024 U.S. Tech Experience Index Study, focused on the user experience with advanced vehicle technologies as they come to market, showed […] [Read More]
ARMP compliance guide aims to help dealers mitigate dangerous environments
Wednesday, Aug. 21, 2024, 02:42 PM
Auto Remarketing Staff
Automotive Risk Management Partners’ latest cyber and compliance security guidelines, released Wednesday, seek to help auto dealers secure their front lines from cyberattacks and physical compliance oversights. The document, titled “How a Compliance Security Firm Should Protect You,” provides physical and digital auditing and programs for continuous tracking and managing dealership information and data assets. […] [Read More]
Consignor Conversations: Sheila Tedesco of Lobel Financial
Monday, Aug. 19, 2024, 12:55 PM
Auto Remarketing Staff
Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with Sheila Tedesco, who is remarketing manager at Lobel Financial. Tedesco sat down with Cherokee Media Group senior editor Joe Overby at the Auto Intel Summit + National Remarketing Conference this spring to discuss her journey in remarketing, what trends […] [Read More]
Wholesale used-car prices are declining, but there’s support to keep them from plunging
Friday, Aug. 16, 2024, 03:10 PM
Alysha Webb, Correspondent
The wholesale used-car market is still recovering from the plunge in new-vehicle sales during the pandemic, say industry experts. Auction volumes are rising steadily though.
But while auction volumes are rising and competition is returning to the auction lanes, the supply slump will continue to support higher wholesale prices in coming months, they say.
“All of those vehicles that weren’t built that we would expect to [Read More]
Study finds satisfaction with EV public charging shows signs of improvement
Wednesday, Aug. 14, 2024, 02:52 PM
Auto Remarketing Staff
America’s public electric vehicle charging infrastructure, often cited as an issue holding back EV adoption, is showing signs of improvement, according to the latest research by J.D. Power. The company’s 2024 U.S. Electric Vehicle Experience Public Charging Study found overall satisfaction with public charging increased for a second consecutive quarter. Satisfaction with direct current fast […] [Read More]
COMMENTARY: Hot August nights – Can you feel the heat?
Wednesday, Aug. 14, 2024, 08:46 AM
Robert Grill, CARFAX
There’s a lot of anxiety right now, but you already knew that. It’s been said — and I, for one, agree — that you’re not as good as you think you are when things are going well and you’re not as bad as you think you are when things are going bad. That being said, […] [Read More]
Autosled leads auto industry on Inc.’s list of fastest-growing private companies
Tuesday, Aug. 13, 2024, 04:42 PM
Auto Remarketing Staff
When it comes to growth among automotive-related companies, Autosled is at the top of the list. The provider of digital technology for vehicle transport logistics, founded in 2019, was ranked No. 12 in the 2024 Inc. 5000, Inc. magazine’s annual list of the fastest-growing private companies in America. It’s the highest ranking for an auto-related […] [Read More]
Holman obtains minority interest in FM Capital
Tuesday, Aug. 13, 2024, 04:06 PM
Auto Remarketing Staff
It’s usually the other way around. But a major move in the automotive investment space this week is said to be the first time that an integrated automotive services organization has obtained a general partner interest in an auto industry venture capital firm. FM Capital, a venture capital firm focusing on early- to mid-stage companies, […] [Read More]
Former AutoNation executive joins Kerrigan Advisors to open Miami office
Monday, Aug. 12, 2024, 02:36 PM
Auto Remarketing Staff
Automotive sell-side advisory firm Kerrigan Advisors announced it has added former AutoNation executive Chris Gempton as senior vice president of sell-side advisory. The new SVP will open Kerrigan Advisors’ new Florida office in Miami, which will serve clients in the Southeast, a market the company said is very active for dealership buy/sell transactions. Kerrigan Advisors […] [Read More]
More insight about charging & insuring EVs
Friday, Aug. 9, 2024, 10:38 AM
Auto Remarketing Staff
Two of the growing factors impacting electric vehicles are charging them and securing affordable insurance, and three research projects shed more light on those elements of EV ownership and how consumers are adjusting. First, Mercury Insurance compiled a list of the most affordable new EVs to insure, but a Tesla is not mentioned among the […] [Read More]
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