A swift bounce-back from the winter storms that plagued large parts of the U.S. this winter has helped push what J.D. Power and Associates predicts will be a sequential increase in the new-vehicle retail selling rate during February. Based on the February’s first 11 selling days, J.D. Power is projecting the month’s seasonally adjusted annualized […] [Read More]

In a recent entry on his Velocity 2.0 blog, vAuto founder and chairman Dale Pollak employed what he calls a well-known car business adage — “popcorn cars” — and took it a step further to stress the importance in each of the various “ingredients” to strong used-vehicle sales. He explained that just as one must […] [Read More]

Online auto shopping activity aggregator Dataium revealed on Monday its Auto Shopper Intensity Index for January, which remained on the upswing in the midst of robust auto sales. On an individual vehicle basis, the used vehicle with the strongest ASI was the Honda Accord, while the BMW 328 was tops on the new-car side. Overall, […] [Read More]

Seen as a way to encourage as many repossession agencies as possible to participate, the American Recovery Association extended the deadline for companies to submit data for its next industry scorecard. Pitched as an initiative to compete against forwarding companies, agencies now have until March 15 to gather information about company activity from Jan. 1 […] [Read More]

Manheim didn’t hesitate when compiling this year’s Used Car Market Report to emphasize what it believes is the more important element to remarketing repossessions. The auction company insisted days-to-sale remains the key focus. Manheim explained that even though wholesale used-vehicle pricing was exceptionally strong in 2009 and 2010 — meaning that used units were depreciating […] [Read More]

In its continuing mission to recognize excellence in the industry, along with reporting the latest news, Auto Remarketing revealed today that its April 1 edition is dedicated to honoring women’s contributions to the used-car, remarketing, auction and auto finance industry. No matter what area of the business the female nominee comes from, she must have […] [Read More]

U.S. used commercial vehicle registrations (GVW 3-8) climbed to a record level in 2010, according to Polk. Analysts determined that approximately 672,000 units were registered last year, a figure representing a 21.7-percent increase over the 2009 level. With this increase, Polk asserted last week that used commercial vehicle registrations accounted for nearly 65 percent of […] [Read More]

In TrueCar.com’s January Performance Scorecards that ranked manufacturers and brands across a wide spectrum of criteria, there was one automaker, in particular, that was the head of the class. Not only did Porsche show the most month-over-month improvement for any OEM, but it also was the top scoring manufacturer and tied for the lead among […] [Read More]

Canadian Black Book unveiled its Best Retained Value Awards for 2011 this week, and taking home the most honors yet again was Toyota/Lexus. The awards are spread across 17 segments and examine 2007 model-year units. Canadian Black Book determines the winner in each segment based on which model in the specific vehicle class has held its value […] [Read More]

A pair of Japanese brands has swept the top honors yet again in ALG’s Canadian Residual Value Awards, which were revealed Thursday. For the second straight year, the top overall award for mainstream brands went to Subaru, while Infiniti took top honors in the luxury category for the third consecutive year. This is the third […] [Read More]