TrueCar positioned its latest research project to coincide with the opening of the 2022 North American International Auto Show in Detroit, as the Motor City has been charged up with electric vehicles and a visit from President Joe Biden, who quipped, “You know, you all know I’m a car guy. “I’m here because the auto […] [Read More]

And now for the next installment of Auto Remarketing's 40 Under 40 program. This time, we feature the 2022 honorees in “40 Under 40: Industry” program, which is sponsored by IAA and focuses on the consignors, auctions, auto finance, vendors, tech companies, associations and other players within the used-car space. Honorees will be spotlighted in the upcoming October […] [Read More]

Despite a projected double-digit climb in retail used-vehicle sales in August versus July, dealers are souring on their prospects for retail success during the third quarter. Cox Automotive compiled a variety of information connected with dealerships and their used-vehicle operations, including the newest Cox Automotive Dealer Sentiment Index (CADSI). To gauge the pace of used-vehicle […] [Read More]

In another episode originating from this year’s NAAA annual convention, Cherokee Media Group senior editor Joe Overby caught up with Sandy Moon and Danny McNelis of NextGear Capital. They delved into more detail about the auction services group that NextGear Capital launched earlier this year as well as other subjects connected with dealerships and their […] [Read More]

According to research conducted by ValuePenguin, the states where people look to buy the oldest used vehicles are evenly split among the Midwest and West. The insurance division of LendingTree pinpointed the Top 10 states and markets where consumers are seeking to take delivery of older models. Overall, researchers found that the average age of […] [Read More]

In two new commercials that are part of its "We Drive It Like It Is" campaign, Edmunds spoofs some of the "tropes" you might find in a car commercial (i.e. rugged dude hauling lumber in a pickup, couple off-roading in an SUV to a campsite) as a means to underscore some of the services it offers. […] [Read More]

Polly, an insurance marketplace for the auto retail market, said Wednesday it has acquired Brinckerhoff & Neuville Insurance Group, a New York-based independent agency. The agency is now operating under the Polly name, and all of its employees have transitioned to the Polly team. The purchase continues Polly’s strategy of building a network of local […] [Read More]

Those of us who work in or adjacent to the used-car business have likely been asked some form of this question numerous times by our friends and family outside the industry: “When are used-car prices going to come down?” Well, finally, it seems there might be … [Read More]

For years, Ipsos pointed out that automakers have talked about electric vehicles and autonomous driving as two connected parts of the future of vehicles. But new research released by Ipsos on Thursday indicated that OEMs might be better off if they talked about these kinds of models separately. Ipsos’ latest Mobility Navigator Study showed that […] [Read More]

TEXT2DRIVE acknowledged that a previous J.D. Power study showed that dealers capture 88% of customers’ annual service visits during the first three years of new-vehicle ownership. But TEXT2DRIVE wanted to know what keeps those service-drive customers returning after that span when the model is clearly a used vehicle, so the company conducted its own proprietary […] [Read More]