Analysis

Like the Earp brothers in “Tombstone,” the used-car industry is reuniting in Arizona this year for Used Car Week. For the first time since 2018, the event will be held at the Westin Kierland in Scottsdale. While the sunshine, balmy climate and cool desert nights remain, much has changed in the five years since Used […] [Read More]

Like the number of teams still alive in the MLB playoffs, used-car prices are dropping in October. Wholesale vehicle values climbed sequentially for the second straight month and were still astronomically high in September compared to pre-COVID levels, but signs indicate that October is seeing the usual autumn slowdown. That’s according to the September/October Kontos […] [Read More]

In today’s rapidly evolving automotive landscape, the work truck industry has emerged as a crucial segment that holds immense potential for both stability and growth. Despite its significance to local, national and global economies, the commercial vehicle opportunity has often been relegated to the periphery of the automotive dealership. However, with the current erratic economy […] [Read More]

Used Car Week is returning to Scottsdale, Ariz., from Nov. 6-9, and Cherokee Media Group is once again thrilled at the opportunity to get the movers and shakers in the business together in person. During the COVID-19 pandemic lockdown and ban on large gatherings, the auto industry — which thrives on in-person conferences, shows and […] [Read More]

For several years now, the U.S. auto industry has been working toward accelerating what it sees as the nation’s inevitable transition to electric vehicles. But is the nation along for the ride? As EV production continues to increase, consumer demand, at least for now, is ... [Read More]

Several market dynamics are currently in motion creating an opportune moment to buy wholesale used vehicles. However, there are a few things you should know to have a better chance of success when it comes to sourcing and managing your used vehicle inventory. The top three things used-car managers should pay attention to right now […] [Read More]

And the automotive business is not immune. If we look back at recent events that have created uncertainty, it becomes overwhelming, so no need to go through the list — you’re welcome! But what have we learned? — The sky isn’t always falling. — The world’s not ending every day. — Not every challenge is […] [Read More]

Though used-vehicle sales last month softened from August, they beat year-ago figures. However, there remains some headwinds that should be watched, says Cox Automotive in a Data Point report Monday. The biggest bright spot in the used-car market remains ... [Read More]

The car shopper who wants a used vehicle, an electric vehicle or a used EV is likely to find a much better deal than they would have just a year ago. Used EV prices are at their lowest levels in more than two years, according to a Recurrent report, while a separate analysis from iSeeCars.com indicates that affordability for used vehicles and EVs in general has improved substantially since last fall. This news comes as the used EV population — and sales of these pre-owned electrics ... [Read More]

In Part 1, we covered that every B2B SaaS company has great intentions to treat their customers well, but sometimes bad processes get in the way. True partnership with the customer is often mentioned in speeches and marketing, but it is very difficult to execute. I compiled a list of processes, developed and used successfully […] [Read More]