Top Stories of the Week at AutoRemarketing.com
A regular feature long-time readers of AutoRemarketing.com have come to expect led the way in interest this past week as the site reported automakers' monthly certified pre-owned sales performances.
Also catching readers' attention was news about Cox picking a new director of vehicle operations.
The top five stories from AutoRemarketing.com this week are:
1. Year-to-Date CPO Sales Growth Continues; Three Automakers Report Records
IRVINE, Calif. — Three brands enjoyed best-ever certified pre-owned sales months and the overall CPO industry climbed 3 percent year-over-year during August. This marked the second straight month of …
2. Cox Names New Vehicle Ops Director
ATLANTA — Cox Enterprises, which is the parent company of Manheim, revealed a new director of vehicle operations on Wednesday. Appointed to the post is …
3. Marchionne: Creative Advertising and Beautiful Vehicles Are Not Enough to Reach Sales Goals
AUBURN HILLS, Mich. — In the dealer meeting on Tuesday, Chrysler's Sergio Marchionne told dealers that despite all new and redesigned products coming out, or how beautifully designed the models are, it's not enough to reach set sales goals. Strong, creative advertising won't do it either. So, if new products and creative advertising aren't enough to help Chrysler reach its sales goals, what is? …
4. Edmunds.com: Recession Changes Habits of New-Car Shoppers, Luxury Owners
SANTA MONICA, Calif. — The recession has impacted the auto sales environment in wide variety of ways. One impact, in particular, that has been observed by Edmunds.com is the so-called "substitution effect." In the last two years, many new-vehicle buyers have …
5. NADA Used Car Guide: End-of-Year Used Price Slowdown Likely to be Modest
McLEAN, Va. — With the new model-year lineups arriving on dealership lots, used-vehicle prices have softened, albeit modestly, in September, according to NADA Used Car Guide. While this month typically marks the start of the end-of-year used-value slowdown, the usual September-through-December softening won't be as …
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