As summer traveling season edges closer, consumer interest may turn to larger, family oriented vehicles or SUVs. The trend may already be evident, as the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com shows SUVs “popping up (as scarce) in some of the DMAs, with Jeep and Volkswagen […] [Read More]

In what appears to be a “lackluster” month, CNW Research is predicting that May will end up being a flat market for used-car sales. But if stagnant sales are puzzling, the firm explains why we’re seeing such a lukewarm environment on the used-car side. Starting with the basics, CNW said in the Retail Automotive Summary […] [Read More]

If the latest report from Black Book is any indication, this may be a good chance for dealers to take advantage of falling  prices on entry-level cars.  Black Book’s Ricky Beggs noticed a possible correlation between declining auction prices in this segment and spiking gas prices. In the latest “Beggs on the Used Car Market […] [Read More]

Given the changing landscape in the wholesale industry with the use of multiple online sales platforms, the International Automotive Remarketers Alliance is hoping to level the playing field among consignors and remarketers through a whitepaper that outlines a set of standards for this growing element of the business. [Read More]

With her dream car sitting at a dealership in Michigan, an Alaska resident called for a vehicle inspection by Alliance Inspection Management, which ended up becoming the company’s 60-millionth report. The milestone inspection for AiM was ordered by Kathy Lewis of Anchorage, for a 2010 Chrysler 300 located at Sterling Heights Dodge in Michigan, more than […] [Read More]

After a year of multiple acquisitions, Primeritus Financial Services rebranded several of its business service segments. Explaining the methodology behind the decisions, Primeritus Financial Services chief executive officer Chuck Tapp said: “Since the acquisitions of USA Recovery and Renovo over the past year, Primeritus has worked with customers and clients to better align their services […] [Read More]

In an effort to meet increased demand, KCI Kansas City has started an expansion process that will bring 10 additional acres of pavement to the auction’s campus and double the size of the current lot. What’s more, it will allow for the auction to accommodate 1,300 more consigned vehicles and include an on-site test track. [Read More]

For buy-here, pay-here dealers trying to secure used-car supply in the wholesale market, it certainly has been a challenging few years. But based on analyses coming from several different vantage points, it appears times are getting better. That was one central theme Auto Remarketing came across in recent months during our look at the slice […] [Read More]

Dealership reviews on social media networks may be “playing the most important role in the dealership selection process,” according to the results of the Spring 2013 Automotive Social Media and Reputation Trend Study. The report from Digital Air Strike showed that there is a 43 percent probability that a consumer will search for a local […] [Read More]

As the Consumer Financial Protection Bureau prepares its annual report to Congress, the agency wanted specifics of what compliance matters other federal regulators are involved with regarding non-bank entities, which can include franchised and independent dealerships. The Federal Trade Commission, which has jurisdiction over dealers, shared what it had with the CFPB last week. But […] [Read More]