As Porsche models continued to outpace all other brands in terms of year-over-year increases in consumer activity, NADA Used Car Guide’s newest shopper information showed why pickup prices in the auction lanes are staying so strong. The three leading vehicles among the Top 15 most-researched used models on NADAguides.com in October were pickups. The Ford […] [Read More]

There is no vehicle, industry-wide, that has a stronger residual value forecast than the Toyota Tacoma, according to ALG. But there is one automaker, in particular, that aims to “take on” this residual kingpin with its pair of model-year 2015 midsize pickup launches. That would be General Motors and its 2015 Chevrolet Colorado/GMC Canyon duo. […] [Read More]

ALG announced the winners of its 14th annual Residual Value Awards on Monday, and while a repeat winner topped the Mainstream Brand category, a seven-year streak was broken on the Premium Brand side. For the first time since 2005, a non-Japanese brand took top honors among premium brands, as Mercedes-Benz earned this distinction for 2013. […] [Read More]

Not only are Americans getting the snow tire chains out, but they may also be heading to the lots for a more reliable winter-weather vehicle. With winter temperatures setting in across the country, the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com, shows “trucks and SUVs are in […] [Read More]

Toyota has announced a $250,000 donation to the American Red Cross to support relief efforts for victims of Super Typhoon Haiyan in the Philippines. The announcement, along with a previously announced pledge of 10 million Philippine pesos by TMC, Toyota Motor Philippines and Toyota Financial Services, brings Toyota’s total contributions to nearly $500,000 USD. In addition, […] [Read More]

Hertz Global Holdings Inc. revealed it has chosen a new director. The board of directors of Hertz and The Hertz Corp. announced Thursday Philippe Laffont has been elected as director. Laffont is the founder and chief investment officer of Coatue Management, an investment management firm founded in 1999.  Prior to founding Coatue, Laffont worked at […] [Read More]

Mass marketing is dead, and targeting is everything. So says Dennis Galbraith, chief marketing officer for Potratz, in his latest video installment. In “Hard Facts: Marketing Your Inventory,” Galbraith references the uselessness of yesteryear’s mass marketing modes, and suggests better ways to reach today’s customers.     “It used to be we would bombard customers with mass […] [Read More]

Congratulations, California, home of the top three cities having high MPG, eco-friendly used cars. On the flip side, Detroit is, well, guzzling gas.   These are just a couple of results as analysts at iSeeCars have released their comparison of the 20 largest U.S. cities by percentage of cars with the best and worst miles […] [Read More]

With certified pre-owned sales numbers soaring to never-before-seen levels, it seems dealers and OEMs are doing something right when it comes to advertising. Paul Stowe, director of retail operations at NCM Associates, let us in on some of the key advertising tools for a dealer who has embraced the potential of CPO vehicles. Stowe said […] [Read More]

Earlier this week, ALG announced an upgraded and re-launched metric for comparing vehicle brand values and determining how they affect residuals. ALG Brand Pricing Score is designed to shed light on brand differences and the elements that impact brand value, be they negative or positive. The mainstream brand with the best Brand Pricing Score on […] [Read More]