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Duke Energy to begin EV charging subscription pilot program in NC
Monday, Aug. 28, 2023, 02:50 PM
Auto Remarketing Staff
Electric utility company Duke Energy has teamed with General Motors, Ford Motor Company and BMW of North America on a pilot program aimed at providing cost certainty for electric vehicle charging in North Carolina. Duke Energy’s 12-month EV Complete Home Charging Plan pilot will allow N.C. residential customers to use up to 800 kilowatt-hours per […] [Read More]
Dealer giving: Chicago franchised stores raise $100K for USO
Friday, Aug. 25, 2023, 03:21 PM
Auto Remarketing Staff
The Chicago area’s franchised dealers association cooked up a big donation to the USO to provide assistance to local military members and their families. The Chicago Automobile Trade Association’s 10th annual USO Barbecue for the Troops, a series of barbecue events on July 15, brought in $100,453. The events, hosted by more than 80 dealerships, […] [Read More]
JD Power study finds more problems with tech features in EVs than in ICE vehicles
Friday, Aug. 25, 2023, 02:25 PM
Auto Remarketing Staff
Electric vehicles might be the future. For the present, though, they’re causing more technology problems for their owners than traditional internal combustion engine vehicles, according to the latest research from J.D. Power. The 2023 U.S. Tech Experience Index Study, released Thursday, found 17 of the 21 advanced technology features offered on both types of vehicles […] [Read More]
Autotrader’s Top 10 vehicles for dog owners from 2023 model year
Friday, Aug. 25, 2023, 02:20 PM
Auto Remarketing Staff
With National Dog Day coming during the final weekend of the dog days of summer, Autotrader unveiled its list of the 2023 Best Cars for Dog Lovers, highlighting the best vehicles for people who have canines. Before getting into the rundown of the 10 vehicles, Autotrader mentioned general features many of the selections have that […] [Read More]
Top 20 fastest-selling used models in July
Friday, Aug. 25, 2023, 12:18 PM
Auto Remarketing Staff
Analysts at iSeeCars.com spotted an intriguing convergence of trends when looking at how the used-vehicle retail sales market unfolded in July. First, overall used sales in July were 6.1% faster year-over-year, according to the company’s new study. But the 20 used models that turned fastest on average based on July data had been available for […] [Read More]
Dealer group news: Stores in California, Wisconsin change hands
Friday, Aug. 25, 2023, 10:53 AM
Auto Remarketing Staff
Car Pros Automotive Group brought two more Southern California dealerships into its portfolio. The group announced on Thursday it has acquired Nick Alexander BMW, Nick Alexander MINI and a collision center from Los Angeles-based Nick Alexander Imports. The dealerships have been rebranded BMW of Downtown LA and MINI of Downtown LA. Car Pros now owns […] [Read More]
9 industry associations offer suggestions as FCC crafts call-blocking regulation
Friday, Aug. 25, 2023, 10:11 AM
SubPrime Auto Finance News Staff
Nine industry associations recently sent a letter to the Federal Communications Commission (FCC), pushing back against the regulator’s plan involving call blocking and offering suggestions so financial institutions can still contact their customers. The associations responded because the FCC wants to deploy additional measures to combat illegal calls and address how to notify legitimate callers […] [Read More]
What might create future ‘lumpiness’ as ‘exorbitant’ wholesale prices fall
Thursday, Aug. 24, 2023, 02:22 PM
Nick Zulovich, Senior Editor
ADESA chief economist Tom Kontos demonstrated his vast vocabulary again to explain what’s happening with wholesale values, detailing how prices are coming down from “exorbitant” levels and what might cause some “lumpiness” later this year. Auto Remarketing connected with the industry expert this week as he released his newest installment of the Kontos Kommentary. According […] [Read More]
Stellantis brings its SPOTiCAR used-vehicle program to the US
Thursday, Aug. 24, 2023, 02:02 PM
Auto Remarketing Staff
After a successful four-year run in Europe, SPOTiCAR is coming to America. Stellantis, manufacturer of Chrysler, Dodge, Fiat, Jeep and Ram, among other brands, said on Thursday it is expanding its SPOTiCAR used car program into the U.S. Launched in 11 European countries in 2019, SPOTiCAR offers manufacturer-certified used vehicles available for sale that Stellantis […] [Read More]
KBB assembles 2 lists of best used vehicles for college students
Thursday, Aug. 24, 2023, 11:44 AM
Auto Remarketing Staff
Many colleges and universities started their fall semesters this week. Perhaps those students already had a vehicle. But for the ones who do not, Kelley Blue Book compiled two lists highlighting the best used vehicles for college students. KBB first built a list of a dozen models that experts said are the best used cars […] [Read More]
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