The Used Car Week Conferences — the National Remarketing Conference, the CPO Forum and the all-new Re3 Conference — today announced the launch of UsedCarWeek.biz, a one-stop portal for information about all three conferences. The Used Car Week is a weeklong series of three dynamic conferences for the used-vehicle industry, all in one location during […] [Read More]

It appears prices were surging in the certified pre-owned market during August, as AutoTrader.com reported Tuesday that 18 of the site’s 20 most popular CPO models saw their asking prices go up from a year ago. What’s more, 14 of those 18 increases were more than $1,000, the site pointed out. [Read More]

Though gas prices continue to fall and are estimated to drop even more in the next few months through year-end, Edmunds.com data released Tuesday reflects that consumers are still more likely to purchase smaller gas sippers than take on an SUV or truck. According to the company’s analysis, shoppers are still leaning towards compact or […] [Read More]

Never bashful when making public appearances, Sergio Marchionne recently told a Canadian gathering that Chrysler has been restructured so efficiently that the automaker won’t lose money even if the new-vehicle seasonally adjusted annual sales rate drops below 10 million. While also sharing his 2011 sales projection, the chairman and chief executive officer of Chrysler Group […] [Read More]

As automakers continue to search for ways to reach customers in the digital age and entice these shoppers to action, it appears they are gaining much more traction through customers clicking on advertising apps when reading magazines on their mobile devices than through traditional magazines ads, says media research firm Affinity. The company’s American Magazine […] [Read More]

Though he contends the primary cause of wholesale values dipping sequentially in August was the economic worries of consumers, RVI Group vice president Rene Abdalah said that after the recent run-up in used prices, “an adjustment was due.” The latest RVI Market Update indicates that wholesale values during August dipped 0.7 percent from July but […] [Read More]

Dealer representatives, website executives and other technology experts are expected to turn out for the J.D. Power and Associates Automotive Internet Roundtable, an event that’s set for Oct. 12–13 at the Red Rock Resort and Spa in Las Vegas. J.D. Power, as well as officials from vehicle retailers, OEMs, agencies and automotive websites, are scheduled […] [Read More]

As dealers use the Web more for wholesale purchases, a new site is attempting to push the entire retail buying process online. Cars Out The Door rolled out a solution Tuesday intended to deliver free, unlimited Internet leads to dealerships. The goal of Cars Out The Door 1.0 is to move every aspect of selling […] [Read More]

The wholesale value decline for both trucks and cars accelerated last week, according to Black Book managing editor Ricky Beggs, who spotted the steepest drop-off for truck values in almost a year. What’s more, last week marked the sixth straight time that all 10 car segments declined in price, he noted in the latest “Beggs […] [Read More]

Vehicle rental companies are a vital source of late-model used-vehicle inventory, and the outlook and opportunities in the rental remarketing world are of key importance to dealers and remarketers throughout the industry. The 2011 National Remarketing Conference will focus on this important industry segment during a panel discussion on Nov. 17. Representatives from the nation’s […] [Read More]