AutoRemarketing.com’s Top Weekly Stories
CARY, N.C. — Most of the top stories this week at AutoRemarketing.com had some connection to Mercury, a brand Ford has decided to eliminate later this year.
Also sparking interest from industry leaders was news about a new endeavor undertaken by General Motors.
The top five stories from AutoRemarketing.com this week are:
1. NHTSA Investigates Ford Fusion, Mercury Milan for Floor Mat Issue
WASHINGTON, D.C. — The National Highway Traffic Safety Administration has launched an investigation of 2010 Ford Fusion and Mercury Milan vehicles regarding allegations of …
2. GM Unveils New Venture Capital Subsidiary
DETROIT — General Motors announced the creation of a venture capital subsidiary on Friday that the automaker says can help it build new automotive and transportation technologies to …
3. How Will Mercury Discontinuation Impact Used Values?
DEARBORN, Mich. — Ford's decision to stop producing Mercury vehicles and wind down the 71-year-old brand marks the end of an era for the automaker, but don't expect too much change on the used-vehicle value front for …
4. AutoNation to Now Offer Monthly New-Vehicle Sales Summaries
FORT LAUDERDALE, Fla. — AutoNation recently boasted that its new-vehicle sales for May showed a 22-percent jump year over year. Sales, as reported to the respective automakers, came in at …
5. Toward Which Brands Will Mercury Shoppers Turn?
ATLANTA — With Ford announcing its plans last week to close up Mercury in the fourth quarter, AutoTrader.com set out to find which brands are likely to grab the most would-be Mercury new-vehicle buyers. Based on the site's cross-shopping data, it appears …
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