Earlier this summer, Cherokee Media Group generated a two-part series focused on the potential challenges associated with car owners having to pay monthly subscriptions for features such as heated seats or increased electrical-vehicle power. Perhaps those hurdles might not be as foreboding as initially thought based on research done by S&P Global Mobility. First, let’s recap the entire situation. Cox Automotive sees multiple challenges automakers could face if they embark on ... [Read More]

Softer used-car retail prices in July might be just the beginning of stronger buying conditions for consumers on the hunt for a pre-owned car, according to an analysis from CARFAX released Monday. Asking prices for used vehicles were down month-over-month in six of the seven segments tracked by the CARFAX Used Car Index, suggesting the […] [Read More]

Imagine how sinking the feeling could be to discover the “cherry” you found showing 50,000 miles turned out to have 150,000 miles on the clock. This episode of the Auto Remarketing Podcast features two experts who are watching vehicle odometer fraud increase, offering recommendations to help dealerships and consumers avoid the potential pitfalls. Kirsten Von […] [Read More]

Operating a successful used-vehicle sales operation depends on two things: obtaining inventory for the right price and selling that inventory for the right price. As so many have discovered in recent years, it is not enough just to have used vehicles to sell. Those vehicles must be acquired strategically without paying more than necessary. Then […] [Read More]

Automotive retailers understand the importance of a well-designed, search engine-optimized website for converting Internet users to leads to sold customers. Developing websites optimized for user experience (UX) means providing your audience with a seamless experience via the interaction on the website. Websites are often designed to optimize aesthetics that are visually appealing to any viewer […] [Read More]

Financial innovation platform Exponential Exchange has closed an oversubscribed $7.4 million seed funding round led by MaC Venture Capital to continue building a suite of financial instruments designed to bring new risk-management tools into the automotive ecosystem, as well as other industries with underserved asset classes. Industries such as agriculture, energy and manufacturing have long […] [Read More]

Ed Brojerdi and Craig Nehamen are co-founders and co-CEOs of Caramel, a digital checkout platform for independent dealers and private party buyers and sellers. They join the podcast from last month’s NIADA Convention, where they talked with Cherokee Media Group’s Joe Overby about how the platform works and its origin, where Caramel is in terms […] [Read More]

It’s like a virtuous circle for used electric vehicle affordability. An increasing percentage of pre-owned EVs are now priced under $25,000, the threshold to qualify for federal tax credits, which in turn would make those cars even more affordable. Here's how those numbers shake out ... [Read More]

ADESA chief economist Tom Kontos returns to the Auto Remarketing Podcast for a wide-ranging conversation with Cherokee Media Group’s Nick Zulovich. Kontos shared his views on wholesale values, interest rates and whether the used-car industry needs only routine maintenance or a major overhaul. The conversation can be found in the window below. [Read More]

With some of the most anticipated movies of the summer now in theaters, new survey data collected by OnePoll on behalf of Carvana highlighted what 2,000 respondents said about their dream car that they might have first spotted on the Silver Screen or elsewhere. The survey showed one in three respondents (33%) starting to nurture […] [Read More]