Though off-lease supply in the U.S. is expected to continue growing this year, Canadian dealers may experience the “pain” of tight used supply for a couple of years longer, says ADESA’s Tom Kontos. [Read More]

Though gas prices continue their slow decline, fuel-efficient segment prices are expected to rise in the lanes this week. NADA Used Car Guide predicts the compact car segment to see the biggest price increase, percentage-wise, with an expected hike of 0.9 percent (or $100). Interestingly, per Energy Information Administration data released this week, the average […] [Read More]

The Big 3 brands are making greater in-roads with today’s younger buyers, thanks largely to their fresh crop of smaller, fuel-friendly and more affordable cars of recent years. Yet still, they are not the ones benefitting the most from the bevy of Japanese car-brand defectors in the age 25-to-34 crowd, according to Edmunds.com. On Wednesday, […] [Read More]

Choosing from within its ranks, Black Book announced that it has chosen a new senior vice president and editorial director. Tapped for the position is Ricky Beggs. Many in the industry are familiar with this particular exec from his weekly Beggs on the Used Car Market video reports, the latest of which Auto Remarketing reported […] [Read More]

Ally Financial recently recognized its top performing auctions for 2012 with the SmartLane Auction of the Year Award and the SmartAuction Mid-Stream Auto Auction of the Year Award. Taking top honors for its SmartLane performance was ABC St. Louis Auto Auction. Ally Servicing Remarketing leader Robert Stahl said ABC St. Louis has become a valued […] [Read More]

John Brasher’s latest post-sale report showed the celebration Brasher’s Sacramento enjoyed as a part of its 35th anniversary festivities. The auction welcomed dealers from more than a half dozen states who watched more than 2,600 units go down the lanes. Brasher said more than 1,600 of those vehicles were sold during the two-day event on […] [Read More]

In the larger of two campaigns, General Motors said on Wednesday that it is recalling 26,582 Cadillac SRX crossovers and Buick LaCrosse large sedans from the 2013 model-year in the United States to reprogram software that could allow the vehicles to slip from manual to automatic mode unexpectedly. The automaker explained the issue was discovered […] [Read More]

The Auto Remarketing Canada 2013 Conference, presented by CarProof, is already well on its way for setting a new attendance record. Last year's conference brought more than 400 industry personnel together, and this year’s attendee list is trending in the same direction. To see the pre-show attendee list, click here. [Read More]

In light of predictions pointing to stronger used supply this year, Auto Remarketing reached out to three leading remarketing industry experts to see what five points of advice they have for dealers to get the most out of this changing dynamic. Here is what NADA Used Car Guide’s Jonathan Banks, Black Book’s Ricky Beggs and […] [Read More]

Used-car prices are likely to soften some this year, according to the latest RVI Risk Outlook, and it appears this trend will not stop anytime soon. In fact, it appears this decline will accelerate. After an anticipated 0.2-percent year-over-year downturn in the RVI Used Car Price Index for 2013, the firm is projecting used-car prices […] [Read More]