Thursday, November 7, 2019 - 1:10pm

Joe Overby, Senior Editor

  The used-car market got a bit stronger in October. Total used-car sales climbed approximately 1.4% from October 2018, according to Cox Automotive, which estimated the seasonally adjusted annualized rate for used-car sales at 39.6 million for the month. That beats the year-ago reading of 38.1 million, but is down from... Read More

Thursday, November 7, 2019 - 10:32am

Arlena Sawyers, Correspondent

Keeping his service departments running like a well-tuned engine has always been important to Bill Wallace, owner of Wallace Automotive Group in Stuart, Fla. But it takes on even more urgency now. New-car margins continue to be narrow, new-car sales are slowing and fierce competition for consumer dollars is putting even... Read More

Tuesday, November 5, 2019 - 4:13pm

Auto Remarketing Staff

In some cases, a reliable vehicle is the only thing standing between a U.S. military veteran and his or her dreams, said Mary Mahoney of the insurance replacement division at Enterprise Holdings. “Our former military members deserve the opportunity to excel in life and we're determined to help prevent... Read More

Tuesday, November 5, 2019 - 3:22pm

Auto Remarketing Staff

A new study has found that customer service representatives, especially at tire-focused retailers, fail to book appointments or sell products one out of three times. That was the case even after callers on the phone expressed that they wanted to buy or that they wanted to book an appointment. The study from... Read More

Tuesday, November 5, 2019 - 2:19pm

Joe Overby, Senior Editor

  During a presentation at J.D. Power’s Auto Revolution conference here last month, Paul Warburton — who is head of connected automotive and mobility at Fujitsu America — shared data from his company indicating that, “we’re going to be moving toward mega-cities.” Specifically, a Fujitsu... Read More

Monday, November 4, 2019 - 11:55am

Auto Remarketing Staff

  Ally Financial provided some insight on Monday in connection with potential buyers arriving at your dealership showroom or store website, especially individuals who already might be weary from new-vehicle sticker shock. Ally pointed out used vehicles are increasingly popular with Americans as consumers turn to the used... Read More

Wednesday, October 30, 2019 - 3:10pm

Auto Remarketing Staff

  Ruggedness, durability and iconic design. Those are reasons why Jeep Wranglers are known for retaining their value, said iSeeCars chief executive officer Phong Ly. “Because of Jeep’s loyal following, their demand outstrips supply in the used-car marketplace, leading to high resale values.” Ly... Read More

Tuesday, October 29, 2019 - 11:31am

David Paris, J.D. Power

  The used-vehicle market performed very well through the first half of 2019. Used-vehicle prices have, on average, risen 2.1% compared with the same period in 2018 as new-vehicle prices have risen and supply has slightly declined. The strong showing in the used-vehicle market illustrates just how volatile the... Read More