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
World’s Most Popular Car Color
Friday, Dec. 7, 2012, 06:56 AM
Auto Remarketing Staff
The 2012 DuPont Automotive Color Popularity Report is in, and it seems dealers may want to stock lots of white vehicles, but cut back on the silver ones. The DuPont report, released this week, has found that for the second consecutive year, white/white pearl dominates customers’ auto color choice, representing 23 percent of the global […] [Read More]
AskPatty.com Launches Women’s Speakers Bureau
Thursday, Dec. 6, 2012, 06:57 AM
Auto Remarketing Staff
Online resource for female car shoppers AskPatty.com Inc. recently launched a bureau that is designed to give decision-makers in the automotive industry insight into how to effectively market and sell to women car buyers as well as how to attract and retain female employees. The Women’s Automotive Speakers Bureau represents a variety of speakers, whose […] [Read More]
Ford on Pace to Set Second-Best CPO Sum; Lincoln Particularly Strong
Wednesday, Dec. 5, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
When the combined Ford, Lincoln and Mercury certified pre-owned sales figures are tallied for full-year 2012, the final count is expected to be the second-highest total ever for the automaker, according to national CPO sales manager Todd Fites. What’s more, the Lincoln brand — in just 11 months — has already achieved its strongest CPO […] [Read More]
Study: Toyota Fans Remain Loyal Through Recalls
Wednesday, Dec. 5, 2012, 06:58 AM
Auto Remarketing Staff
Are Toyota’s most recent recalls affecting consumers’ interest in the nameplate's vehicles? According to data from Jumpstart Automotive Group, it appears that customers are remaining loyal despite two recalls that covered 10.2 million vehicles across the globe. [Read More]
Reynolds and Reynolds Employees Build 200 Bikes for Children of Soldiers
Wednesday, Dec. 5, 2012, 06:55 AM
Auto Remarketing Staff
Two hundred bicycles offer lots of opportunities to smile this holiday season, as Reynolds and Reynolds continues its tradition of donating bikes to military families. Reynolds associates in Dayton, Ohio and Houston, along with their families, gathered on Saturday to build more than 200 bicycles to be given as Christmas gifts to area military families, […] [Read More]
Dealers Have New Tool to Educate Communities on Distracted Driving
Wednesday, Dec. 5, 2012, 06:54 AM
Auto Remarketing Staff
Distracted driving can have devastating consequences, and is a growing problem, says the American International Automobile Dealers Association. Now AIADA and its Affinity Partner, Federated Insurance, are joining forces to offer dealers help in focusing their communities’ attention to the issue of distracted driving. Federated Insurance is offering a free copy of its video, "In […] [Read More]
More Used-Car Buyers Venture Beyond Local Market
Tuesday, Dec. 4, 2012, 03:52 PM
Auto Remarketing Editor Joe Overby
When it comes to buying used cars, more and more shoppers are looking beyond their local market. According to analysis released Monday by CNW Research, the proportion of used-vehicle customers who left their local dealer’s marketing area to buy was at 17 percent in November. This is up from 15.7 percent who did so a […] [Read More]
The Importance of CPO Inspections
Monday, Dec. 3, 2012, 08:59 AM
Auto Remarketing Editor Joe Overby
Through its development over the years, one of the calling cards of the certified pre-owned industry has been the added “peace-of-mind” that it can offer customers. And a big part of that comes from the inspection processes that these used vehicles go through before they are ultimately deemed certified. In fact, at Mercedes-Benz, Scott Penza […] [Read More]
‘Tis the Season: Used Cars as Holiday Gifts
Monday, Dec. 3, 2012, 08:58 AM
Auto Remarketing Editor Joe Overby
The holidays may bring some extra cheer to the used-car market, if Purchase Path survey data from CNW Research is any indication. The share of used-car sales in December bought as holiday gifts could end up reaching a four-year high. Of the shoppers planning to make a used-car purchase in December, 1.9 percent say they […] [Read More]
Latest Movement in Fleet Sales
Friday, Nov. 30, 2012, 07:01 AM
Auto Remarketing Editor Joe Overby
As the month winds down and analysts offer their projections on what kind of figures the used- and new-car retail markets will bring, the picture of the fleet market for November is also becoming clearer. Based on several recently released analyses, it appears the share of the new-car market commanded by fleet will hover somewhere […] [Read More]