Consumers might intend to buy new, but reality pushes them to used-car market
Tuesday, Oct. 29, 2024, 03:07 PM
Lotlinx: Q3 shows high day supply, largely aging vehicle inventory
Tuesday, Oct. 29, 2024, 01:09 PM
JD Power sees October being complicated for used retail & new lease markets
Friday, Oct. 25, 2024, 11:27 AM
Analysis
25 Used Cars Attracting Online Shoppers
Tuesday, Apr. 2, 2013, 04:02 PM
Auto Remarketing Editor Joe Overby
Topping the next-closest model by 3,350 online visits, the most-researched used vehicle on KBB.com for March was the Honda Civic. It generated 53,848 visits and was followed by the Honda Accord, which received 50,498 visits. Third on the most-researched used list was the Toyota Camry (47,450 visits), while the Toyota Corolla was fourth (34,452 visits), […] [Read More]
Study: 4 out of 5 Mobile Calls Answered by Dealers, Service Centers Lead to Sales
Tuesday, Apr. 2, 2013, 03:55 PM
Auto Remarketing Staff
Judging by data analysis released today by Marchex, Inc., each time an employee at a dealership or service center answers the phone, he or she may have a good opportunity to turn that conversation into a sale. Marchex, a mobile performance advertising company, found that consumers now place millions of calls to the auto industry […] [Read More]
Length of Ownership Returning to More Normal Levels; New Registrations Continue Slow Climb
Monday, Apr. 1, 2013, 07:59 AM
Sarah Rubenoff
The average age of vehicles on the road continued to rise during the last quarter of 2012, according to data from Experian Automotive. During a webinar last week, the company reported that the average age of vehicles in the fourth quarter of 2012 was 10.4 years, up from 10.2 in the same period of 2011. […] [Read More]
National Champs from US VW Stores Heading to International Service Competition
Monday, Apr. 1, 2013, 07:56 AM
Auto Remarketing Staff
Honoring the best in service quality, Volkswagen of America is sending national champions from four different dealerships across the U.S. to compete in the automaker’s Retail Qualification World Championship next month in Wolfsburg, Germany. The four champions from the U.S. taking part in the international competition are: — Service Consultant National Champion: Virko Tammaru from […] [Read More]
4 Thoughts to Consider in Deciding the Best Carrier
Monday, Apr. 1, 2013, 07:55 AM
William Billiter
Auto dealerships face plenty of uncertainty regarding their business every day. How competitive is your pricing? How effective is your marketing? Do you have sufficiently trained staff? Do you have enough inventory? It would be great if you had one less worry: wondering if you’ve selected the right vehicle carrier. There are plenty of ways […] [Read More]
Dealertrack Technologies to Host Free Webinar on New CFPB Guidance
Monday, Apr. 1, 2013, 07:54 AM
Auto Remarketing Staff
In response to the recent guidance from the Consumer Financial Protection Bureau on indirect automotive finance — which could have a signfincant impact on dealerships — Dealertrack Technologies will be holding a free webinar this week. The event is the latest in a series of compliance webinars from Dealertrack and is scheduled for Thursday at […] [Read More]
J.D. Power Study Shows Consumer Satisfaction with Certain Tires on the Decline
Friday, Mar. 29, 2013, 05:58 AM
Auto Remarketing Staff
As dealers highlight models to fulfill buyer demand for gas-sipping, high-performance vehicles, a new J.D. Power study showed satisfaction is declining among customers whose vehicles are equipped with a feature automakers are using to improve fuel efficiency. Specifically, customer happiness with run-flat or low-rolling resistance tires is softening, according to the J.D. Power and Associates […] [Read More]
AutoCanada Reports 2012 Used-Car Sales Growth; Plans for Acquisitions in 2013
Thursday, Mar. 28, 2013, 03:14 PM
Auto Remarketing Canada Editor Sarah Rubenoff
AutoCanada Inc. announced 2012 fourth quarter and record annual financial results Wednesday, reporting growth in almost every segment of the business. With revenue increasing 9.8 percent in Q4 of last year to rest at $262 million, the dealer group announced that the number of used vehicles retailed increased by 1.8 percent, coming in at 2,172 […] [Read More]
ARC Early Registration Extended Through April 1; Attendee List Grows
Thursday, Mar. 28, 2013, 01:51 PM
Auto Remarketing Canada Staff
This year’s Auto Remarketing Canada Conference, presented by CarProof, is less than four weeks around the corner. Conference organizers have extended the early registration deadline to April 1, so you still have time to save $200. Speakers, attendees, exhibitors and sponsors make their way to the Fairmont Royal York on April 22 and April 23 […] [Read More]
Residual Value Projections for New York Auto Show Launches
Wednesday, Mar. 27, 2013, 06:00 AM
Auto Remarketing Staff
As the New York International Auto Show gets under way, new rides are being launched right and left. To give dealers and others in the industry an idea of how these vehicles will hold up against time, price-wise, ALG’s Eric Lyman offered a bit of commentary from the show. Here’s what the ALG vice president of […] [Read More]