Friday, February 16, 2018 - 12:20pm

Auto Remarketing Staff

Mark Fields remains involved in the automotive industry — in a heavy-duty way, as a matter of fact. Fields, who retired as president and chief executive officer of Ford last May, recently was appointed to the board of directors of FleetPride, one of the largest independent distributor of aftermarket... Read More

Friday, February 16, 2018 - 12:16pm

Auto Remarketing Staff

The National Insurance Crime Bureau (NICB) looked at the cost of replacement parts for the Top 10 stolen vehicles from the 2016 model year and uncovered how lucrative illegal operations can be that chop up these units — and potentially take away business from your dealership’s service drive. NICB insisted... Read More

Wednesday, February 14, 2018 - 3:01pm

Auto Remarketing Staff

In what certainly comes as good news given how many of these vehicles are resurfacing in the used-car market — particularly as off-lease units — J.D. Power reported that overall dependability of 3-year-old vehicles is up 9 percent year-over-year. And the dependability of vehicles is “without... Read More

Tuesday, February 13, 2018 - 1:58pm

Chris Hart-Williams, Staff Writer

While numbers remained flat throughout the year for most brands, among non-luxury dealers, both domestic and imported, Lincoln saw the largest share-of-visit increase year-over-year (plus 2.25 percent). This is according to The Year in Location: 2017, Auto Report from PlaceIQ results released... Read More

Tuesday, February 13, 2018 - 12:51pm

Auto Remarketing Staff

Across the United States, the number of operating automotive dealerships remained steady in 2017. That's according to the latest Automotive Franchise Activity Report from Urban Science released Tuesday. There were a total of 18,213 dealerships rooftops as of Jan. 1 — a 0.2-percent increase from a... Read More

Monday, February 12, 2018 - 4:42pm

Nick Zulovich, Staff Writer

Dumping sedans into fleet sales is certainly a path-of-least-resistance option leveraged by automakers in the past, but experienced used-car market observers understand the severe damage that strategy can do. However, in light of technology advances and consumer preferences — not only in the United States but also... Read More

Wednesday, February 7, 2018 - 4:37pm

Joe Overby, Senior Editor

On paper, it might not seem like the most auspicious of starts to 2018 for the used-car market. January was the third straight month that wholesale prices declined sequentially, putting the Manheim Used Vehicle Value Index at its lowest reading since July. What’s more, the Cox Automotive report accompanying... Read More

Wednesday, February 7, 2018 - 3:59pm

Nick Zulovich, Staff Writer

The chicken wings and guacamole from Super Bowl parties are long gone, but what about dealerships seeing a meaningful lift in shopper activity stemming from the television advertising bought by automakers during the game? If past trends are any indication, the store phones should have been busier than drink and food... Read More