Analysis
J.D. Power: 10 Biggest Motivators Behind Buying a Certain Model
Wednesday, Mar. 13, 2013, 06:00 AM
Auto Remarketing Staff
In a post to its AutoMotion blog on Tuesday, J.D. Power and Associates ranked the top 10 reasons consumers give for buying a specific model. To determine this list, the firm took its 2010–2012 Initial Quality Studies and boiled it down to the 10 factors new-car owners pointed to most often in explaining their purchases. […] [Read More]
Pollak: Service Department Reinvention and Going From ‘Back End’ To Beacon Status
Wednesday, Mar. 13, 2013, 05:58 AM
Dale Pollak
In my day as a dealer, I held the same view of my service department as many dealers do today: It was the “back end” of the business. I understood, of course, that my service and parts operation was critical to the overall profitability of the dealership — especially in months when my advisors and […] [Read More]
Keynote Speaker Announced For 2013 Automotive Forum in NYC
Wednesday, Mar. 13, 2013, 05:54 AM
Auto Remarketing Staff
On Tuesday, organizers revealed the keynote speaker for the upcoming 2013 Automotive Forum in New York. The annual conference, presented by NADA and J.D. Power and Associates, will feature Toyota’s Bob Carter, senior vice president of automotive operations for Toyota Motor Sales U.S.A. Conversation and sessions at the one-day forum (March 26) will focus on […] [Read More]
For 4 Years Running, ARI & Team Holman Earn Top Honors for Autism Fundraising
Tuesday, Mar. 12, 2013, 03:42 PM
Auto Remarketing Staff
Receiving some kudos for their community outreach, ARI and Team Holman have been recognized as top fundraisers for autism awareness for the fourth straight year. The Greater Delaware Valley Chapter of Autism Speaks named ARI and Team Holman as the top fundraising team for 2012 in the Southern New Jersey Walk Now for Autism Speaks, […] [Read More]
Cars.com Names Best Used Cars Under $10K
Tuesday, Mar. 12, 2013, 05:55 AM
Auto Remarketing Staff
If a customer arrives on your lot and plans on spending about $10,000 for a used car, a new list from Cars.com may provide you some marketing ammo to help explain why your used cars stands out from the rest. Editors with the site have listed their top 10 used cars recommended for consumers shopping […] [Read More]
Pollak: A Dealer Sees How History Can Blind Current Market Conditions
Thursday, Mar. 7, 2013, 06:55 AM
Dale Pollak
“Dale, I’m starting to see my average days in inventory creep up. I had a strong January and decent February, so I’m a little surprised. What are you hearing from other dealers that might be causing this problem?” I asked the Chevrolet dealer in Michigan who posed this question to be more specific about the […] [Read More]
Black Book Takes Deeper Dive on Compact Crossovers
Tuesday, Mar. 5, 2013, 04:48 PM
Auto Remarketing Editor Joe Overby
Only four of the 14 used truck segments that Black Book tracks saw their prices go up last week, and one of those categories was the compact crossover. The firm shared some interesting data points Tuesday morning to better illustrate just what has happened in this class, including why it has been so hot on […] [Read More]
Deadline for Women in Remarketing Nominations Approaches
Monday, Mar. 4, 2013, 08:59 AM
Sarah Rubenoff
Do you work with an exceptional female colleague? Know any leading ladies in the industry? The deadline for Women in Remarketing nominations is approaching, and Auto Remarketing wants you to help us honor the top women leaders in the industry. The April 15-30 print edition of Auto Remarketing will contain a special section designed to […] [Read More]
Most Popular Used Cars in February
Monday, Mar. 4, 2013, 08:58 AM
Auto Remarketing Editor Joe Overby
Late last week, Kelley Blue Book provided Auto Remarketing a list of the 25 most-researched used vehicles on KBB.com for February. Topping the list was the Honda Civic, followed by the Honda Accord, Toyota Camry, Toyota Corolla and BMW 3 Series in spots two through five, respectively. Honda and Toyota each had three used vehicles […] [Read More]
Report: Canadian Used-Car Dealer Profits Expected to Rise While Store Count May Continue to Fall
Wednesday, Feb. 27, 2013, 03:24 PM
Auto Remarketing Canada Editor Sarah Rubenoff
After releasing their report on new-car dealers earlier this month, IBISWorld came out with the Used Car Dealers in Canada Industry Market Research Report this week — a document containing numerous tidbits of good news for dealers looking forward. Attributable in part to rising consumer demand, IBISWorld predicts used-car dealer profit and revenue will […] [Read More]