Consumers are showing greater interest in used electric vehicles, which is evident in their key strokes and in their tire kicking. In a report published last week, CarMax examined used EV search volume on its website and its own test-drive numbers, with each data set going back to January of last year. The EV Test […] [Read More]

Overall wholesale prices as well as values for both cars and trucks moved higher last week at almost the exact same pace as the previous week, according to the newest Market Insights released by Black Book on Tuesday. The price climbs arrived as the estimated average weekly sales rate remained at … [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Colleen […] [Read More]

Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As with each of the Women & Automotive honorees on this website. Next up is Ashley […] [Read More]

If your dealership actually has a plentiful amount of certified pre-owned inventory to retail this Memorial Day weekend, the experts at Edmunds are steering potential buyers toward it — especially if that customer isn’t interested in waiting for a new model to arrive from the factory. “If you’re a habitual new-car buyer, certified pre-owned inventory […] [Read More]

Amazing what federal income tax refunds can do for the health of your portfolio, huh? Kroll Bond Rating Agency (KBRA) said April remittance reports showed auto finance credit performance improved for the second consecutive month across both prime and non-prime securitized pools. According to the firm’s report, annualized net losses in … [Read More]

The average age of vehicles on U.S. roads has never been this high. According to a report from S&P Global Mobility (previously the auto team at IHS Markit), the average age of light vehicles in operation has climbed for five consecutive years, reaching a record age of 12.2 years as of Jan. 1, 2022. That is […] [Read More]

AutoNation, TrueCar and wear blue: run to remember all collaborated to give a vehicle to a Gold Star Family member through the DrivenToDrive initiative. TrueCar’s DrivenToDrive initiative was started in 2016, inspired by Army Ranger and DrivenToDrive ambassador, Cory Remsburg, who was severely injured while serving in Afghanistan. According to a news release, the program […] [Read More]

In addition to a new partnership lined up in the vehicle transportation space, CarNow, which provides digital retail solutions to the auto industry, has named a new senior vice president of OEM relations and national accounts. Hired for the role is Michael Seeman, who was previously vice president and general manager of the enterprise divisions […] [Read More]

Perhaps what’s now available at Advance Auto Parts will help calm any apprehension about battery status of used hybrid and electric vehicles your dealership's potential buyers might have. On Monday, the automotive aftermarket parts retailer announced the introduction of DieHard EV with xEV by Clarios, becoming what the company said is the first auto parts […] [Read More]