From a numbers standpoint, the outlook for used-car sales in March is a bright one. But the pre-owned market may not be immune to fallout from supply challenges currently facing the new-car market.  TrueCar is forecasting 3.6 million used-vehicle sales this month, which would beat February figures by 1% and eclipse year-ago numbers by 104%. It […] [Read More]

Through a new collaboration between Black Book and car buying platform Your Auto Advocate,  the platform will provide its members with Black Book data. The collaboration involves integration of Black Book’s valuation and enhanced vehicle matching VIN-Decoding data into Your Auto Advocate. The companies say that with the enhanced data provided, dealers and consumers will […] [Read More]

Larry Dixon made his first appearance on the Auto Remarketing Podcast as an executive with the National Independent Automobile Dealers Association. The used-car market expert who now is NIADA’s vice president of industry insights and analysis not only discussed what’s happening at auctions nowadays, but also the association’s return to live events this summer. To […] [Read More]

ACV Auctions is now a publicly traded company. The online wholesale auto marketplace launched its initial public offering Wednesday on Nasdaq, with chief executive officer George Chamoun ringing the opening bell. Auto Remarketing caught up with Chamoun on Wednesday afternoon to talk about the IPO and what ACV has planned next. “When I was looking […] [Read More]

If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as Canadian Black Book vice president of sales Yolanda Biswah said the past year has been […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Laura Dunn, who is director of auction sales and logistics and Proficient Auto Transport. Auto Remarketing: What do you enjoy most about working in the remarketing […] [Read More]

Hurricane season doesn’t officially begin until June 1, but IAA made adjustments to one of its facilities in a state quite susceptible to those storms. This week, IAA announced the relocation of its branch in Fort Myers, Fla. One of 11 IAA branch facilities in the Sunshine State, the company highlighted that the new location […] [Read More]

Digital license plate developer ReviverMX recently began supporting educational initiatives with the Madison Education Foundation offering Reviver’s Rplate digital license plate for sale to help support the All in for Arizona Schools initiative. On Wednesday, ReviverMX’s charitable involvement continued. The company will help with fundraising for breast cancer organization Susan G. Komen. Through a new agreement, funds raised through […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Deepthi Uppalapati, who is the strategy & analytics leader for remarketing at Capital One. Auto Remarketing: What do you enjoy most about working in the […] [Read More]

Looking at new data from Vroom on the top 10 most purchased used electric vehicles across the country, one trend in particular stands out. Three of the top 10 vehicles are Teslas. Why is that? In an interview with Auto Remarketing, Vroom chief executive officer Paul Hennessy provided a concise reason. “It’s just an outstanding […] [Read More]