From the Wall Street Journal 8/14/2025: Used-car prices are rising faster than overall inflation after crossing the $30,000-mark again early this year. People looking for deals on used cars are having to pay up more. Prices for preowned cars are rising faster than for new ones, with tight overall supplies pushing more people into the […]
From the July 25, 2025 issue of The Detroit News, written by Jamie LaReau: Before the COVID-19 pandemic, more than half the used cars for sale in the nation were 3-year-old vehicles priced for $20,000 or less. Today, those same type of vehicles make up only 11% of used cars. In fact, most shoppers who […]
VRCG, Inc. is proud of this Michigan-based EXCELLENT company, and we are proud to do business with Penske Dealerships: From Crain’s Detroit Business, August 1, 2025: Fox Corp. acquired a one-third interest in Bloomfield Hills-based Penske Entertainment, the owner of the IndyCar Series and Indianapolis Motor Speedway, the companies said Thursday. The deal also included […]
From the 6/25/25 edition of the Wall Street Journal… What Mr. Smith created, FedEx, has helped VRCG become, and remain, one of the premier independent national remarketing firms in the nation. His insight into “moving stuff overnight” helps keep our administrative wheels rolling, and without FedEx (and UPS), our business would suffer. Further, as FedEx […]
From Dan Neil at the Wall Street Journal, June 2025: I think of myself not so much as a car reviewer as an intimacy coordinator. Four out of five American households depend on an automobile to get to work, to get the kids to school, to go wherever. The typical driver spends about an hour […]
From the June 16, 2025 edition of Automotive News…. Very disturbing for those of us in the wholesale business!! Bogus car carrier thefts pit dealerships against each other… In February, Loeber Motors, a Mercedes-Benz dealership in Illinois, bought a 2023 AMG G 63, paying Mercedes-Benz of Laredo in Texas $347,225 for it. The Laredo store […]
We generally don’t write about new cars much, but….this caught our eye because we hear they have been secretly dreaming this up in Troy, Michigan, which is the next town north of us. And how, in Detroit, can a new vehicle be kept completely secret for three years!! Wow! Anyway, from Breitbart on April 30 […]
From the Wall Street Journal 4/29/25, an excellent article by Matthew Hennessey: I’ll bet it’s been a while since you heard someone in public life described as “classy.” The word, and what it represents, has gone AWOL. The culture has time only for outrageous characters—F-bombers, exhibitionists, interrupters, slobs. The sublime has given way to the […]
This is a new one for VRCG, but, coming from John Tamny as editor of RealClearMarkets, President of the Parkview Institute, a senior fellow at the Market Institute, and a senior economic adviser to Applied Finance Advisors, his long term views about the effects of mobility are worth considering. He writes: The future will be […]
From our friends at Vehicle Remarketing: The recent spate of automotive-specific tariffs will deeply affect the used-vehicle market regarding sales, inventory and pricing, Cox Automotive reported on April 7. The new 25% tariffs on all imported vehicles have already disrupted the new vehicle landscape, increasing the urgency among consumers to purchase vehicles before prices increase […]
