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To celebrate the 25th anniversary of UsedCar Week, Cherokee Media Group has launched the UCW Hall of Fame to recognize executives who have played an important role in the development, growth and success of UsedCar Week over time. 18 in Scottsdale, Ariz. 18 in Scottsdale, Ariz. Listen to the conversations below.
At the upcoming Auto Intel Summit in April, Cherokee Media Group is launching the Automotive Intelligence Awards , which expands the program previously known as the Emerging 8. For the seventh year, Cherokee Media Group will honor companies that improve a specific aspect of the automotive industry through technology.
Von Busch also talks with Cherokee Media Group senior editor Joe Overby about the “Beyond the Booth” video series she worked on last year to spotlight NOLA’s staples and hidden gems ahead of the convention along with her work with Elena Ciccotelli’s “EVs for Everyone” podcast.
Editor's Note: This is a small excerpt from Cherokee Media Group's upcoming “State of the UsedCar Industry” report. The mix of the (used-vehicle supply) is different overall, volume is different,” Black Book chief data science officer Alex Yurchenko said during a presentation at the NIADA Convention in June.
Similarly, a sudden drop in usedcar prices from post-COVID highs resulted in many vehicles not being repaired. For instance, as vehicles become more complex, the cost of repairing crash parts with all the added sensors and technology might lead to higher total loss ratios as these cars depreciate. He is based out of Toronto.
It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. And both supply of and demand for used EVs is rising, and prices are softening. Used-car demand fell 7.6% Used prices dropped 2.9%
The Cherokee Media Group team wishes you a safe and happy holiday season and a joyous new year. Warm wishes for a happy and safe holiday season from all of us! The post Happy holidays from Cherokee Media Group & best wishes for new year appeared first on Auto Remarketing. We look forward to another outstanding year in 2025.
We continue our episodes of the Auto Remarketing Podcast originating from UsedCar Week 2024 in Scottsdale, Ariz., Moderated by Cherokee Media Groups Joe Overby, the opposing points of view on EVs came from Steve Greenfield of Automotive Ventures and Scott Case of Recurrent.
Cherokee Media Group senior editors Joe Overby and Nick Zulovich welcomed their newest teammate, Andrew Friedlander, for this installment of the Auto Remarketing Podcast recorded in Las Vegas at the 2023 NIADA Convention. The post PODCAST: Cherokee Media Group recaps 2023 NIADA Convention appeared first on Auto Remarketing.
Like the Earp brothers in “Tombstone,” the used-car industry is reuniting in Arizona this year for UsedCar Week. While the sunshine, balmy climate and cool desert nights remain, much has changed in the five years since UsedCar Week made its way to the Grand Canyon State.
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from UsedCar Week 2023. This episode features a conversation with Steve Greenfield of Automotive Ventures and the industry personality all over social media who is known as CarDealershipGuy.
Louisos, host of the PAL Podcast, will be among close to 20 podcasters recording shows on the podcast stage at UsedCar Week, which runs Nov. The post PODCAST: What to watch for at UsedCar Week appeared first on Auto Remarketing. 6-9 at the Westin Kierland in Scottsdale, Ariz. Listen to the full episode below.
As part of the inaugural Automotive Intelligence Awards , Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.
As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. More details to come.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.
While some dealerships are happy sending their usedcar manager to the auction, others who aren’t satisfied with that approach need to get a little scrappy and think outside the box. Finding a good usedcar buyer is one of the biggest hurdles dealers face when trying to explore alternative acquisition channels.
Listen to his conversation with Cherokee Media Group senior editor Joe Overby in the window below. Smoke joins the Auto Remarketing Podcast to talk about his career journey, day-to-day work as an economist and why putting together auto industry analysis isn’t all that different than penning a tune.
As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.
Its not just about inventory management; rather, its the powerful intersection of inventory data, audience data, and media consumption data. Usedcar day supply is expected to remain tight and steady. The usedcar market is predicted to remain robust, but luxury and larger-sized vehicles may be challenging to sell.
It’s not just about inventory management; rather, it’s the powerful intersection of inventory data, audience data and media consumption data. Usedcar day supply is expected to remain tight and steady. The usedcar market is predicted to remain robust, but luxury and larger-sized vehicles may be challenging to sell.
I'm spending less time on social media these days, including YouTube. I also try to avoid the usedcar/motorcycle market as much as possible. As I grow older, I try eliminating as many bad habits as possible. I haven't looked at bikes for sale for at least a few weeks now.
Before spending a few minutes with Cherokee Media Group to elaborate about the used-car market , National Automobile Dealers Association chief economist Patrick Manzi gave a press conference on the NADA Live Stage.
He sat down with Cherokee Media Group senior editor Joe Overby for a conversation about the data metrics that dealers should watch to maximize profitability and how he prepares for conferences as a solo speaker, moderator and panelist.
The “one pocket of strength” for the used-car market this year, as Cox Automotive chief economist Jonathan Smoke put it in a June presentation to the media and industry, has been the certified pre-owned segment. Through June, year-to-date CPO sales are estimated at.
UsedCar Week is returning to Scottsdale, Ariz., 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. And UsedCar Week is known for bringing some of the used-car industry’s top leaders together in one place.
Rapid Recon has announced in a press release a new complimentary feature for users of the company’s T2L usedcar reconditioning workflow software. Custom Forms is designed to help auto dealers personalize, customize and digitize the many forms used in fixed and variable operations.
Moderated by Cherokee Media Group’s Joe Overby, Greenfield and Case sparred for more than 30 minutes, setting the stage for another potential meeting at this year’s UsedCar Week. Listen to the conversation in the window below.
Next up on our series of Auto Remarketing Podcast episodes from the Canada’s UsedCar Week Podcast Stage is a conversation with Megan Mahon, head of sales enablement at Premier Truck Rental.
This enhancement introduces new solutions focused on UsedCar Pricing, Service Management, and New Car Sales Negotiation, further empowering dealerships to optimize their operations and profitability. “Our upgraded AI Factory is not just a technological advancement.
Through nearly 600,000 appraisals completed this year, Accu-Trade has identified more than $30 million of potential savings in appraisal losses for dealers while consistently offering consumers the best prices for their usedcars.³
After pouring countless amounts of energy into the never-pretty process of getting usedcars through the shop faster and on the lot for sale — then what? It’s common knowledge that the real rewards and internal gains only come when the car finds its new owner. The vehicle information you can pack into a DVP is considerable.
Car dealerships can capitalize on this trend by emphasizing the quality and reliability of their certified pre-owned vehicles. This not only attracts budget-conscious buyers but also allows dealers to profit from higher margins on usedcars. therefore getting them cheaper.
Imagine you’re in the market for a usedcar and stumble upon a dealership’s website that welcomes you into a unique, colorful, interactive and informative-rich virtual showroom for each vehicle in your usedcar inventory. contributes to a significant $589 average gross profit increase per usedcar.
Legacy philosophies in managing inventory The traditional thinking for many dealers is that you have to move a usedcar in 30 days, and move a new car or truck in 45 days. Total new vehicle sales for June, including retail and non-retail transactions, were expected to reach between 1.3 million and 1.2 million units, a roughly 2.6%
With profit margins on new and usedcar sales waning, your service department controls a significant percentage of your profitability. With the impact of email, texting and social media, face-to-face communication skills are sorely lacking. Are you ready to start training? Here’s a list of questions to help you prepare.
Legacy Philosophies in Managing Inventory The traditional thinking for many dealers is that you have to move a usedcar in 30 days and move a new car or truck in 45 days. Total new vehicle sales for June , including retail and non-retail transactions, were expected to reach between 1.3 million and 1.2 million units, a roughly 2.6%
It’s a gauge of how many vehicles are trending to be sold that year and helps us compare sales volume against other points in history — or does it? Something the automotive SAAR doesn’t capture is the part that usedcar sales play in your store’s profitability. Just like SEO, paid search and social media solutions are not equal.
The supply of used vehicles. In Cox Automotives recent 2025 forecast call with industry media and analysts, chief economist Jonathan Smoke painted a rosy picture for whats ahead. But when it comes to used-car inventory, though, the outlook is bearish. less than in December 2023, the trend is now upward.
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