The worlds of journalism and publishing have become increasingly digitalized, and Auto Remarketing is no stranger to these changes. And as the media leader in the remarketing and used-car business, we are accelerating our mobile efforts to meet the digital demands of our readers. With today’s launch of AR.com Mobile, dealers, remarketers and other used-car […] [Read More]

KAR Auction Services chief executive officer Jim Hallett insisted he "can’t think of anything that’s more critical on my radar” than ADESA’s ongoing integration with OPENLANE. As the company rolled out its latest financial report this week, Hallett shared an update on how OPENLANE is melding into the KAR stable after being acquired last year. [Read More]

The latest spike in fuel costs appears to be having a major impact on the preferences of both certified pre-owned and non-CPO late-model used-vehicle shoppers, prompting many of these consumers to gravitate toward used cars that are a bit easier on the wallet at the gas pump. In fact, recent analysis from AutoTrader.com indicates that […] [Read More]

Kelley Blue Book revealed Wednesday a list that might help bring some families out to dealers’ lots — 10 Best Family Cars. In unveiling the list, the company noted that since “all families are not created alike, so it stands to reason that all family cars shouldn’t be alike either.” On this annual list, the […] [Read More]

General Motors and PSA Peugeot Citroën said Wednesday the companies have come together for an alliance that creates a global purchasing joint venture and also provides for the automakers to share vehicle platforms, components and modules. GM and Peugeot plan on introducing their debut common-platform model by 2016, officials noted. The alliance also sets a […] [Read More]

Fiat recently revealed it will be expanding into Russia, first pushing Jeep vehicles into the eastern country. The OEM signed a letter of intent with Sberbank in relation to a new project for the production and distribution of passenger and commercial vehicles in Russia, officials explained. And the Russian bank plans to finance the project […] [Read More]

During a long discussion about the company’s 2011 financial performance and more, KAR Auction Services chief executive officer Jim Hallett projected specific future wholesale volume numbers after saying 2012 is a “trough year.” Hallett told a conference call filled with investment analysts Tuesday that “the steepest volume declines are behind us.   [Read More]

As the market evolves, Manheim is also making some changes to better meet its customers’ needs. The company confirmed to Auto Remarketing Tuesday that several of its auctions have new general managers. Discussing the changes, Mike McKinney, Manheim regional vice president, West, told Auto Remarketing, “We are extremely fortunate to have such great talent and […] [Read More]

Touting the widespread gains in used-vehicle reliability, Consumer Reports has come out in its latest Annual Auto issue with a message that will likely be welcome news to the used-car business. The publication is saying that buying a used car is becoming “less risky,” and backs that up with its findings that nearly every carmaker […] [Read More]

Black Book’s Ricky Beggs admitted the mixed news headlines are giving dealers an unclear outlook as they head to the wholesale lanes to find inventory. Beggs pointed out there were some upbeat expectations on new-vehicle sales levels for February, as even a couple of forecasters bumped up their annual projections slightly after only two months. […] [Read More]