Joe Overby

1 week ago | autoremarketing.com | Joe Overby

Dining at a restaurant. Attending a concert. Going to school. Storing your furniture and other belongings. These are activities that have traditionally been, and still largely are, done in person. But digitization has improved some of the processes around these events, leading to more enjoyable, or at least easier, experiences.

1 week ago | autoremarketing.com | Joe Overby

Last month was the strongest March for auto auction sales in four years, capping a first quarter that beat year-ago figures by nearly 5%, according to the latest AuctionNet data and analysis from the National Auto Auction Association. March also marked an all-time high for sales of electric vehicles at auction, NAAA said. Overall, there were 1.79 million wholesale auction sales in Q1, beating year-ago figures by 4.9%, NAAA said.

2 weeks ago | autoremarketing.com | Joe Overby

The basketball court wasn’t the only place for “madness” last month. With tariffs on the horizon and automotive uncertainty swirling, March produced a flurry of activity in the wholesale car market. The Trump administration’s 25% tariffs on imported vehicles — which became effective Thursday — led to “increased urgency” from consumers to buy new cars before prices climb, Cox Automotive said, and that is likely to trickle down to used cars.

2 weeks ago | autoremarketing.com | Joe Overby

Lamenting. Bracing for impact. Embracing. Preparing. Seeing an opportunity. Those are but a few of the ways auto dealers are responding to the Trump administration’s 25% tariff on vehicles imported to the U.S. — a policy that became effective Thursday. In statement Wednesday, Cody Lusk — president and CEO of the American International Automobile Dealers Association, which representing U.S. franchise dealers selling import brands — said that ...

3 weeks ago | autoremarketing.com | Joe Overby

The Trump administration’s 25% tariff on vehicles imported to the U.S. – a policy that became effective Thursday – won't just make already expensive new vehicles out of reach for many Americans, analysts say. Used cars are likely to become pricier, too, and may run in shorter supply towards the end of the decade. By July, there could be ...