Analysis
J.D. Power delves into F&I space with suite of protection products
Tuesday, Jan. 23, 2018, 06:11 PM
Auto Remarketing Staff
Now franchised dealers have another way to leverage the J.D. Power brand recognition; this time in the finance office. On Tuesday, J.D. Power launched what the company dubbed the J.D. Power Automotive Protection Products for new-vehicle buyers. These F&I products are available now at an expanding network of franchised dealerships across the country. “The finance […] [Read More]
6 suggestions to help dealers in Italy build confidence with female customers
Monday, Jan. 22, 2018, 05:32 PM
Auto Remarketing Staff
Looks like dealers in Italy are struggling to gain the confidence of their female customers, just like some dealers in the United States. And the potential remedies could help stores on both continents. According to a study conducted by CDK Global in North America, 43 percent of women in Italy do not trust dealerships. The […] [Read More]
FORTUNE names auto industry leaders among ‘World’s Most Admired Companies’
Monday, Jan. 22, 2018, 04:32 PM
Auto Remarketing Staff
Several companies in the automotive industry have once again made the list of "World's Most Admired Companies" released by FORTUNE magazine. The list includes AutoNation, BMW, CarMax, Daimler, Ford, General Motors, Honda, Nissan, Penske Automotive Group, Toyota and Volkswagen. This year, Toyota has been named the list’s top motor vehicle company for the fourth consecutive […] [Read More]
Global new-car sales to hit record again
Friday, Jan. 19, 2018, 07:14 PM
Joe Overby, Senior Editor
You can expect to see nearly 96 million new-car sales across the globe this year, which would represent slower growth but still a record tally. That’s according to a global forecast released Jan. 11 by IHS Markit. Full-year results from 2017 were expected to show 94.5 million new-car sales, which would be a 2.4 percent […] [Read More]
Dealerships must change to meet web-savvy, consumer expectations
Friday, Jan. 19, 2018, 04:56 PM
Arlena Sawyers , Correspondent
Dealers must streamline the in-dealership car-buying experience and change to allow web-savvy consumers to complete one or more steps of the purchase process online, according to Cox Automotive’s “Future of Digital Retail Study.” The study was released Jan. 14 as part of a press briefing just prior to the opening of the North American International Auto […] [Read More]
Monthly lease prices stay steady for 33 vehicles
Wednesday, Jan. 17, 2018, 04:46 PM
Auto Remarketing Staff
The calendar year might have increased by one digit, but the analyst team at Wantalease.com is seeing that prices on most of today’s popular vehicle leases are holding steady in January. Compared to December, site analysts determined that 33 different vehicles maintained their prices. Wantalease.com noticed only one vehicle is currently offered for less than […] [Read More]
IHS Markit names GM top manufacturer for loyalty
Wednesday, Jan. 17, 2018, 03:58 PM
Auto Remarketing Staff
General Motors Co. recently received the IHS Markit Loyalty Awards program's top distinction at Automotive News World Congress. The annual awards are now in their 22nd year and recognize winners in more than 30 categories for loyalty leadership. With a loyalty rate of 69.1 percent, the American manufacturer took home the evening’s top award – Overall Loyalty to Manufacturer. […] [Read More]
Cherokee Media Group strengthens editorial & conference lineups
Monday, Jan. 15, 2018, 09:27 PM
Auto Remarketing Staff
Auto Remarketing parent company Cherokee Media Group has adjusted its editorial team lineup for 2018, as the company continues to build on the foundation of its industry publication and conferences. Joe Overby and Nick Zulovich — senior editors of the automotive and auto finance publications at Cherokee Media Group — will continue in their editorial […] [Read More]
Dealertrack rolls out 2018 Compliance Guide
Monday, Jan. 15, 2018, 03:18 PM
Auto Remarketing Staff
A free resource to help dealerships manage their compliance responsibilities is now available. Dealertrack recently released its 2018 Compliance Guide, which outlines the changes and updates in compliance that will affect dealers in 2018. Now in its 13th year, the Compliance Guide is a leading resource on current trends and best practices in F&I compliance. […] [Read More]
Much-needed change comes to auto buying & financing
Friday, Jan. 12, 2018, 09:50 PM
Joe Overby, Senior Editor
If you’re in the auto industry, you may have already seen this Autotrader statistic cited in a Fair whitepaper. But it bears repeating, given how illuminating it is. Seventeen of 4,002 consumers surveyed for Autotrader’s 2015 “Car Buyer of the Future” study would rather keep the auto sales process status quo. “And as more smartphone-wielding […] [Read More]
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