ADESA subsidiary Recovery Database Network (RDN) named its new chief executive officer this week, expanding the role of a president and CEO from another subsidiary. Taking on the leadership post at RDN along with his responsibilities at CarsArrive Network is Michael Briggs. As the leader of both RDN and CarsArrive, ADESA indicated Briggs will integrate […] [Read More]

If you ever get the chance to visit the offices of Auto Remarketing parent company S&A Cherokee, you may hear variations of the word “franchise” from time to time. One reason is obvious: “franchised” dealerships are a big part of our reader base and news coverage. Another: we’ve got quite a few football fans around here, so […] [Read More]

For the “Best CPO Dealers in the United States” edition of Auto Remarketing this winter, we asked top-selling Mercedes-Benz certified pre-owned dealers how the quality of CPO allows for flexibility of expanding financing terms to help buyers stay within their budget parameters. Here’s what they had to say. “Simply put, CPO vehicles command greater value than […] [Read More]

More often than not, when a consumer first sets out to start the car-shopping process, he or she has an open mind.  New. Used. All kinds of different makes and models. It’s all fair game at the beginning; you’ve got a chance to influence that shopper.  But you had better do it before he or […] [Read More]

Take a guess. Which vehicle had the largest share of the new-vehicle lease market in the fourth quarter? The answer: the Honda Civic, which comprised 3.2 percent of all new-car leases, according to an infographic shared by Experian Automotive. Next up was also a Honda: the Accord with a 2.6-percent share. Two Toyotas followed (Camry […] [Read More]

TrueCar has launched what it says is the first industry award to recognize pre-owned cars that hold their value the best after three years of ownership. In an exclusive with Auto Remarketing, the company shared the winners of the inaugural TrueCar Pre-Owned Value Awards, powered by ALG. TrueCar will present the awards to automakers this […] [Read More]

If you’re reading this story on Friday afternoon, chances are, Auto Remarketing might have some competition for your attention. Don’t worry, we get it. The NCAA Tournament is on. While the bracket of a certain Senior Editor of this publication is already busted, we’re still having fun with this year’s tourney — and so too, […] [Read More]

As part of our “Best CPO Dealers in the United States” edition this winter, Auto Remarketing reached out to a few of the top-selling Hyundai dealers about certified pre-owned supply. We asked them to share some of the strategies they use to make sure there’s enough CPO inventory on the lot. “We are in a […] [Read More]

Peer-to-peer car sales marketplace Shift Technologies has launched an in-house auto lending business known as Shift Finance that is offering direct-to-consumer loans. Customers of Shift will be able to get loans directly from Shift Finance, which is starting out as a pilot program in Virginia with plans to expand throughout all of the Shift’s territory. […] [Read More]

Remember February 1995? Bill Clinton was in his first term as president. TLC was topping the Billboard Hot 100 chart for most of the month, according to Billboard.com. UCLA was a couple months away of running the table in the NCAA Tournament. And it was the last time used-car prices dropped from their January level. […] [Read More]