IHS reported its fourth quarter and full-year 2015 financial results on Tuesday, highlighting revenue of $589 million for Q4, as well as giving more information on its recent purchase of Canada’s CarProof. IHS, the parent company of Carfax, announced right after Christmas it had purchased CarProof Corp. for $650 million CND. CarProof is a vehicle […] [Read More]

You can expect certified pre-owned sales to reach the 3 million mark next year, which would push the string of record years for this growing market to seven — just as off-lease volumes really begin to ramp up. According to data in a Cox Automotive presentation Sunday in Detroit, later shared with Auto Remarketing, CPO […] [Read More]

It was announced in early December that three new automotive domain extensions were about to hit the market. That day has come, and Cars Registry announced .Car, .Cars and .Auto are now available to the general public. The early access period for the domains kicked off Tuesday morning, and it will run through Jan. 20. This […] [Read More]

Auto Remarketing is launching a new project this year to honor the “Best Auto Auctions to Work For,” and it’s one in which you can get directly involved. In fact, we need your help to make it work. First, the details: Best Auto Auctions to Work For What is it? A workplace study for the […] [Read More]

Enterprise Holdings announced its newest five-year goals for its businesses on Monday, included in its fiscal year 2015 sustainability report. Within the report, titled The Business of Sustainability, the operators of well-known companies such as Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car built on their last five years of sustainability results and […] [Read More]

The battle between supply and demand is nothing new to dealers — and as we head further into the forecasted growth in used-vehicle supply, wholesale price softening is to be expected. The latter is the message from ADESA Analytical Services’ executive vice president and chief economist Tom Kontos in the December edition of Kontos Kommentary, […] [Read More]

Vehicle sharing programs are gaining popularity these days, and now the Blue Oval is joining the pack. Through the new Ford Motor Credit Co. leasing pilot program, families and small groups of friends and neighbors can now share a Ford vehicle, the automaker announced Monday. Ford Credit Link — which is being piloted for Ford Credit […] [Read More]

In this video interview at Used Car Week in mid-November, Auto Remarketing talks with Black Book’s Jared Kalfus about how his company has partnered with companies that are on the cutting-edge of online strategy in the car business, including dealer groups. Kalfus, who is senior vice president of sales at Black Book, talks about the […] [Read More]

Looking at the most recent data available, 2015 was a strong year for residuals in Canada. According to the RVI Group’s RVI Risk Outlook for December, the strong U.S. dollar helped maintain those high residual values in Canada through the end of November, with real used-car prices, after adjusting for MSRP, up 4.9 percent over […] [Read More]

NADA Used Car Guide today announced the launch of NADA Values Online. The NADA Values Online product, formerly known as NADA online, offers additional features and as well as new pricing guidance. "The replacement of NADA Online with the NADA Values Online product means our business-to-business customers will have powerful new features that make the […] [Read More]