Certified vehicles still a sought-after product, but late-model scarcity limits sales
Monday, Feb. 17, 2025, 03:52 PM
AutoNation earnings highlight uncertainty, used-vehicle optimism
Monday, Feb. 17, 2025, 01:04 PM
Sonic fourth quarter results take hit from too much used inventory
Friday, Feb. 14, 2025, 03:59 PM
Premium Articles
CarGurus bolstered by value creation, new dealers & AI-driven products
Wednesday, Mar. 4, 2026, 02:05 PM
Sarah Rubenoff, Correspondent
CarGurus CEO Jason Trevisan began the company’s fourth quarter and annual earnings call by calling 2025 a “pivotal year” for the company. “We accelerated product innovation, expanding how we serve dealers and consumers as a marketplace, software, and data company, drove significant growth and profitability, and returned capital through disciplined share repurchases,” said Trevisan during […] [Read More]
Carvana’s 43% growth in retail sales brings business closer to 3M goal
Friday, Feb. 27, 2026, 12:11 PM
Sarah Rubenoff, Correspondent
After announcing a 43% increase in retail sales in 2025, bringing total retail sales to 596,641, the Carvana executive team talked about everything from recon and GPU health to artificial intelligence and post-sale opportunities on their most recent earnings call. Looking back at the year, the quarter, and the company’s current position, Carvana CEO Ernie […] [Read More]
Best January for used-car sales since 2021 suggests ‘sustained buyer activity’
Monday, Feb. 23, 2026, 04:04 PM
Joe Overby, Senior Editor
Used cars could be the “rational choice” for many shoppers re-entering the market. And that viability is already showing up in the numbers for early 2026. There were nearly 493,000 used-vehicle retail units sold last month, which was the strongest January for pre-owned sales since 2021, according to the latest Used Market Report from JD […] [Read More]
Affordability, satisfaction put EchoPark in the ‘catbird seat’
Monday, Feb. 23, 2026, 01:36 PM
Daryl Lubinsky, Correspondent
Sonic Automotive thinks of its EchoPark used-vehicle business as “the Costco … of the pre-owned world.” Sonic’s president Jeff Dyke made that comment during Sonic’s fourth quarter 2025 earnings call on Wednesday. Although he didn’t immediately explain what he meant by the Costco comparison, he said later that EchoPark’s combination of being a low-cost provider […] [Read More]
Driven by dealer & commercial strength, OPENLANE sells nearly 1.5M vehicles in 2025
Monday, Feb. 23, 2026, 01:20 PM
Sarah Rubenoff, Correspondent
At the start of last year, OPENLANE CEO Peter Kelly challenged his teams with four key annual goals. Those were: to grow the customer base and vehicle transaction volumes, improve financial performance, and position OPENLANE for long-term success. During the webcast to announce OPENLANE’s fourth quarter and full-year 2025 earnings results, Kelly said the company […] [Read More]
Group 1 used GPU took a dive in 2025 but CEO sees sunnier skies in 2026
Friday, Feb. 20, 2026, 04:57 PM
Alysha Webb, Correspondent
Group 1 Automotive sold more used vehicles in the fourth quarter and for all of 2025 than in the previous year, but made less money from those sales. Executives in the earnings call put a positive spin on the news, however. “Our used GPUs in the U.S. are higher today than pre-COVID. They’re lower than […] [Read More]
CPO’s peace of mind resonates with franchised dealers
Friday, Feb. 20, 2026, 04:53 PM
Joe Overby, Senior Editor
CPO FOMO is real. The certified pre-owned segment is an “underutilized” lever with a bevy of advantages for dealers and automakers, said Jonathan Banks of J.D. Power during a presentation at the JD Power Auto Summit earlier this month. Average monthly payments on CPO vehicles last year ($592) were comparable to average non-CPO used ($609) […] [Read More]
How automaker CPO programs thrive amid challenging landscape
Thursday, Feb. 19, 2026, 03:01 PM
Joe Overby, Senior Editor
The outlook for the certified pre-owned vehicle market is strong, say leaders of automaker CPO programs who talked with Auto Remarketing at NADA Show 2026 and in preceding weeks. Sales in 2025 were robust, despite ongoing supply challenges and general affordability issues within automotive. Expanded tiers have worked for some automakers, while off-lease supply is […] [Read More]
AutoTrader launches ChatGPT integration
Thursday, Feb. 19, 2026, 11:02 AM
Sarah Rubenoff, Correspondent
AutoTrader, one of Canada's largest online vehicle marketplaces, is the latest to integrate with ChatGPT and advance its partnership with OpenAI. Shortly after the news was released and discussed at NADA Show 2026, Auto Remarketing Canada spoke with Jody Gill, chief sales officer at AutoTrader, about the rationale for the move and dealer sentiment to […] [Read More]
Costco’s CPO efforts pay off with quantum leap forward to open 2026
Tuesday, Feb. 17, 2026, 03:30 PM
Andrew Friedlander, Associate Editor
If the December numbers for Costco Auto’s certified pre-owned and select pre-owned programs were very good, the January numbers were eye-popping. After demand for CPO and SPO vehicles held steady through much of 2025, Costco reported a strong 10% year-over-year jump in December. That jump transformed into a giant leap in January, when Costco member […] [Read More]
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