There was softness yet again in the retail used-car market last month, as sales and turn times slowed. Cox Automotive estimates there was a 10% drop in total used-vehicle from October 2020. It calculated the total used-vehicle SAAR at approximately 35.9 million units for October, compared to 39.9 million a year ago and steady with […] [Read More]

An alternative-fuel model once again topped the monthly iSeeCars.com list of fastest-selling used vehicles, but it was not the one that has led the rankings the past four months. Snapping the Tesla Model 3’s streak in October was the Honda Insight hybrid sedan, which took an average of 20.5 days to sell. It was one […] [Read More]

In this special episode of the Auto Remarketing Podcast, ComplyNet president and general counsel Adam Crowell gave an update about mandates put forth by the Occupational Safety & Health Administration (OSHA) involving COVID-19 vaccinations and testing that now are being argued in federal court. Crowell explained the court activities that happened over the weekend and […] [Read More]

The podcasting shoe is on the other foot this time around. Auto Remarketing senior editor and Auto Remarketing Podcast co-host Joe Overby joined the Preowned Auto Logistics podcast last week to talk with Jeremy Louisos about Used Car Week, which takes place next week at Red Rock in Las Vegas.  They discuss an overview of the conference, […] [Read More]

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]