Average gas prices in the U.S. were at $4.239/gallon on Monday, which is $1.374 higher than they were a year ago, according to the U.S. Energy Information Administration.  It’s no wonder, then, what has happened to the cost of used vehicles that run on alternative sources of energy, even amid a market already inflated by material […] [Read More]

Next up in our NADA Show 2022 podcast series, Lori Wittman and Paulo da Silva of Cox Automotive join the Auto Remarketing Podcast, where they chat with senior editor Joe Overby about the company's Esntial Commerce platform and their work providing digital retail solutions to dealers. In related news, the Titus-Will Automotive Group said Monday […] [Read More]

After meeting with a host of dealer principals and mangers during NADA Show 2022, ACV chief executive officer George Chamoun said through a company news release that, “Dealers are the most resilient business leaders.” But even the most resilient operators are starting to show a little weariness as shown in the latest Cox Automotive Dealer […] [Read More]

CreditIQ founder Bill Liatsis sits down with senior editor Joe Overby at NADA Show 2022 and shares a bit more about the company's business model, which offers a fintech platform providing instant online auto finance screening and approvals to facilitate online vehicle buying. Liatsis also discusses how CreditIQ, which was purchased by the CARS group […] [Read More]

Next up on our NADA Show podcast series, Cox Automotive Mobility president Joe George and Manheim president Grace Huang sit down with senior editor Joe Overby to discuss how electric vehicles — one of the most popular topics at the convention in Las Vegas — and auto auctions intersect. They look at how Cox is preparing for an […] [Read More]

Beginning Cherokee Media Group’s collection of episodes recorded in Las Vegas, Experian senior director of dealer intelligence Amy Hughes returned to the Auto Remarketing Podcast. Hughes shared details of her presentation at NADA Show 2022 about how Gen Z vehicle buyers behave and what this youngest demographic of consumers wants from the ownership experience. To listen to […] [Read More]

Longtime auto industry analyst Jesse Toprak, whose background includes time with Edmunds, TrueCar and Cars.com, is now the chief analyst at Autonomy, the electric vehicle subscription platform from Scott Painter and Georg Bauer. Toprak was most recently the chief executive officer of CarHub. His auto analyst roles included being the chief analyst at Cars.com, the […] [Read More]

Edmunds shared data on Thursday that highlights just how much equity the 4 million consumers who began a vehicle lease in 2019 might now possess. Perhaps more than $7,000 to $10,000 in some instances. [Read More]

Toyota earned Best Resale Value: Brand honors from Kelley Blue Book for the sixth time in the last nine years, and corporate sibling Lexus won Best Resale Value: Luxury Brand for the third time overall. On Monday, KBB released its 20th annual Best Resale Value Awards, which spotlight the 2022 model-year vehicles expected to retain […] [Read More]

As electric vehicle owners are becoming more satisfied with at-home recharging capability, more consumers are financing the acquisition of an EV. But as these trends continue, at least one expert is cautious about the capacity of the U.S. power grid to handle EV charging to go with the demands already placed on it because of […] [Read More]