Analysis
AIADA chairman: Trade issue puts dealers between ‘rock and a hard place’
Thursday, Jun. 30, 2016, 06:19 PM
Greg Kaminsky, AIADA
On Tuesday, I watched live as Donald Trump, presumptive Republican nominee for president, gave a fiery speech laying out his trade agenda. He spoke at an aluminum plant in western Pennsylvania, where his colorful take on the international marketplace (“NAFTA was the worst trade deal in history”) was well-received. Many aspects of Trump’s unconventional candidacy […] [Read More]
Jeep, Camry top lists of most ‘American’ vehicles
Tuesday, Jun. 28, 2016, 03:08 PM
Auto Remarketing Staff
Experian has released findings from an analysis that examined vehicles on U.S. roads to see how many were manufactured in America. According to the analysis, nearly 60 percent of all light-duty vehicles on the road were assembled domestically, while the rest were built in Canada (12.6 percent), Japan (11.1 percent), Mexico (7.4 percent), Germany (4.3 […] [Read More]
Auto companies on CIO 100 list include KAR, Toyota
Monday, Jun. 27, 2016, 08:54 PM
Auto Remarketing Staff
KAR Auction Services and Toyota Motor North America have been named to the CIO 100 list for 2016. KAR said in a news release last week about its inclusion that the list spotlights 100 companies that are “driving business value through IT innovation.” The winners will be recognized at the CIO 100 Symposium in August. […] [Read More]
Why consumers are always ‘passively shopping’ for next vehicle
Monday, Jun. 27, 2016, 08:26 PM
Nick Zulovich, Staff Writer
Automotive marketing and advertising company Jumpstart Automotive Group released its latest shopper study on Monday, drilling deeper down into the behavior patterns of women and millennials as well as Asian and Hispanic shoppers. While each of those demographics showed some unique characteristics, Libby Murad-Patel pinpointed what might be most important to dealerships on how to […] [Read More]
New-model quality generates most improvement in 7 years
Wednesday, Jun. 22, 2016, 07:29 PM
Auto Remarketing Staff
When dealerships, finance companies and automotive experts discuss how much better vehicles are nowadays compared to 10 or 20 years ago, it’s not just a possible sales pitch or industry rallying cry. With a South Korean badge leading the way, the J.D. Power 2016 U.S. Initial Quality Study (IQS) released on Wednesday showed that new-vehicle […] [Read More]
Old-school used cars: where affordability meets ‘fashion statement’
Wednesday, Jun. 22, 2016, 06:14 PM
Sara Schweiger, Staff Writer
This is not your father’s Daewoo. In fact, if you’re a member of Generation Z, it’s quite likely to be yours. According to an Edmunds.com analysis of vehicle registration data from Polk, U.S. drivers age 18-24 purchased 191,096 used cars (versus 27, 670 new) during the first four months of the year. Of those used cars […] [Read More]
84% of buyers would shun their dealership after data breach
Monday, Jun. 20, 2016, 01:53 PM
Auto Remarketing Staff
A vast majority of consumers said they would not buy another vehicle from a dealership after their data had been compromised, according to a recent survey given to both dealers and buyers. The second annual dealership survey by Total Dealer Compliance also showed that fewer than a third of dealers employ a network engineer with […] [Read More]
Online car shoppers want to ‘get further down that process’
Friday, Jun. 17, 2016, 08:28 PM
Joe Overby, Senior Editor
To think of online retailing in the car dealer world as simply a lead-generation tool for the store may be a bit short-sighted, says Max Steckler, vice president of products at CDK Global. After all, when customers utilize an online retail platform, they expect that they are starting the actual transaction process and that they won’t have to start all […] [Read More]
Domestics edge import models again in Strategic Vision awards
Friday, Jun. 17, 2016, 07:25 PM
Auto Remarketing Staff
Strategic Vision put it this way: The signs are clear. America is back After almost a decade of lopsided defeats, American manufacturers have prevailed over imports for the second time in four years, according to the latest results of Strategic Vision’s Total Quality Impact (TQI) measure. Those results released on Thursday indicated that vehicles from […] [Read More]
3 GM models top 2016 Kogod Made in America Auto Index
Friday, Jun. 17, 2016, 07:22 PM
Auto Remarketing Staff
American University’s Kogod School of Business released the 2016 Kogod Made in America Auto Index that is geared to provide consumers with what researchers called a more accurate picture of the production process for the most popular vehicles on the road today. According to the index developed by Kogod professor Frank DuBois, an expert in […] [Read More]