The potential for electric vehicles seemingly is giving fleet operators quite a jolt of interest. On Tuesday, behavior and analytics advisory firm Escalent released the latest findings from its Fleet Advisory Hub, a platform designed to explore the needs, expectations and emotions of commercial and fleet vehicle decisionmakers. [Read More]

Swapalease.com determined the approval rate in September for site users taking over a vehicle lease came in at the same level as it was a year ago. Site officials said last week that the September rate approval stood at 67.6%. While maintaining the pace year-over-year, Swapalease reported that the rate actually softened a bit on a […] [Read More]

This month marked the first time in 22 years that the Atlanta Braves have reached baseball’s World Series. But the historical milestone the used-car industry is likely to reach in October goes back even further. “The used-vehicle market continues to buck historic seasonal trends and exhibit great strength as the industry moves deeper into the […] [Read More]

Auto Remarketing publisher and Used Car Week parent company Cherokee Media Group has welcomed Caroline Rush aboard as a marketing coordinator, where she will work with CMG’s automotive conference and events teams. Rush most recently was a marketing consultant for Sinclair Broadcast Group, where she primarily managed digital marketing campaigns for local and national clients. […] [Read More]

The rather unique environment in used cars right now is not only driving up the prices these vehicles are fetching, but it is also having some impact on the rate that their values are depreciating, industry studies show. Starting with the price tag, a double-whammy of supply scarcity and strong demand has driven the average listing […] [Read More]

One way to combat uncertainty about electric vehicles: exposure and education. That’s been the approach of at least two entities with the auto industry making efforts to connect with the public to “demystify” the EV segment. Over at Cars.com, the company is hosting an online event Thursday — “Cars.com’s Guide for the EV Curious” — […] [Read More]

For this episode of the Auto Remarketing Podcast, Cherokee Media Group president Bill Zadeits and senior editors Joe Overby and Nick Zulovich share a conversation. Not only did the trio give a glimpse of the engaging conversations on deck for Used Car Week that begins on Nov. 15 in Las Vegas, but Bill, Joe and […] [Read More]

Wholesale used-vehicle values ended the third-quarter with a record setting year-over-year increase in September and more increases are expected into next spring’s tax season, predict industry analysts. The Manheim Used Vehicle Value Index stood at 204.8 in September, a 27.1 % increase over the September 2020 reading and 5.3% higher than the previous month. The […] [Read More]

It’s a good thing the remarketing industry is preparing for more electrics and hybrids to hit the market, because those alternative-powertrain vehicles continue to be among the faster sellers in the retail used-car market. With an average turn time of 16 days-to-sell, the Tesla Model 3 was the fastest-selling used vehicle in September, according to […] [Read More]

Evidently, thieves now have an affinity for trucks. On Tuesday, the National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, identifying the top 10 most stolen vehicles in the United States in 2020. For the second year in a row, NICB said the Ford full-size pick-up was the model most targeted by thieves, […] [Read More]