AutoRemarketing.com’s Top Weekly Stories
CARY, N.C. — Readers flocked to AutoRemarketing.com this past week to learn more details about the new partnership between Hertz Corp. and Dealer Services Corp. of Indiana.
Also catching plenty of online attention was a story about the official word from General Motors about an initial public offering.
The top five stories from AutoRemarketing.com this week are:
1. Hertz and DSC of Indiana Announce New Partnership
CARMEL, Ind. — Hertz Corp. and Dealer Services Corp. of Indiana announced Monday a new partnership designed to benefit DSC customers by offering …
2. GM Files IPO Registration with SEC
DETROIT — A little more than a year after its bankruptcy proceedings and less than a week after naming a new chief executive officer, General Motors has ended the industry speculation. It has filed for an initial public offering. The automaker appears ready to …
3. Edmunds.com: Used Retail Prices Spike in July
SANTA MONICA, Calif. — The average used-vehicle retail transaction price during July was up double-digits from a year ago, with a few individual models — mostly SUVs and crossovers — showing hikes of …
4. CNW: Attractive Deals Lift Lease Penetration by Double Digits
BANDON, Ore. — Pushed by the availability of short-term deals that CNW Research president Art Spinella called "incredible," the lease penetration rate for the first half of August was greater than …
5. Webb: Negative Economic Trends Continue to Haunt
ATLANTA — Manheim's Tom Webb didn't sugarcoat his opinion of broad economic indicators — especially about consumer confidence and the job market — when he compiled his August Auto Industry Brief. Simply put, Webb described …
Editor's Note: For more, stay tuned to the Auto Remarketing Today daily e-newsletter for the latest breaking news in the industry. Also, visit our sister publication, SubPrime Auto Finance News, to learn more about the trend and challenges facing the auto finance industry.