Despite changing political winds related to electric vehicles, a consortium of automakers is still committed to its ambitious plan to build a nationwide electric vehicle charging network, a member of the consortium told Auto Remarketing. “At the beginning of the year we had a heart-to-heart discussion with IONNA, and we assured them that we are committed to expansion,” Orth Hedrick, specification analyst at Kia America, told Auto Remarketing. Kia is one of eight automakers that have ... [Read More]

Most vehicle purchases start out with a single click. And whether that click comes from an email, popup ad, or a vehicle listing, dealers can capture their attention at first click. During this keynote panel discussion from this spring’s Auto Intel Summit that’s now available through the Auto Remarketing Podcast, Jade Terreberry, Noah Lee and […] [Read More]

Flexcar now has a place of its own. The month-to-month flexible car lease company has opened its first retail store, a location at Chestnut Hill Mall in the Boston metro area. In a news release, Flexcar said the store is designed to let drivers explore its offerings, speak with representatives and choose a vehicle that […] [Read More]

The potential pool of customers who recently filed for bankruptcy and likely can’t get auto financing elsewhere continues to grow for buy-here, pay-here dealers. According to data provided by Epiq AACER, total individual bankruptcy filings increased 10% in April to 47,323, up from the April 2024 individual filing total of 43,030. Looking deeper at the […] [Read More]

Amidst all the gloomy outlooks about the economy, as well as how many consumers are filing for bankruptcy, let’s turn to some positive analysis from S&P Global Ratings about how the U.S. auto loan asset-backed securities (ABS) market is doing. S&P Global Ratings said March performance reflects normal seasonal trends, showing improvement month-over-month for most […] [Read More]

Go Auto has been in the Vancouver area for years. But now, for the first time, it’s headed downtown. The Edmonton-based dealership group announced it has acquired Downtown Kia, its first dealership in downtown Vancouver. The new location is Go Auto’s 15th in the greater Vancouver area. “This is an exciting step forward for Go […] [Read More]

In uncertain times, what can car dealers do to give themselves and their customers more certainty? CARFAX Canada’s Mike Foster joins Cherokee Media Group associate editor Andrew Friedlander on the Auto Remarketing Podcast to talk about the power of facts and fundamentals, how to show value to price-conscious car shoppers, how dealers can be better […] [Read More]

Sales of electric vehicles at auction hit an all-time high in March, according to the National Auto Auction Association. And then? The very next month, EV sales jumped about 20% higher than that record. Specifically, there were ... [Read More]

For the automotive sales industry, transparency in digital advertising is not just legally required, it’s good for business. Did you know: The Federal Trade Commission and state attorneys general have brought (and won) legal challenges designed to ensure that customers can learn up front how much they will actually pay for a vehicle and not […] [Read More]

Asbury Automotive Group’s used-vehicle sales, revenue and gross profit declined in its first quarter that ended, March 31, when compared to the first quarter of 2024. But as the dealership group pointed out, it completed six dealership divestitures in 2024 that represented an estimated $225 million in annualized revenue and two divestitures in the first quarter of 2025. The company’s quarterly gross profit of $1,587 per used unit retailed represented its ... [Read More]