Analysis
Kbb.com: Consumers Expect Gas Prices to Rise More but Remain Cautious About Alternative-Fuel Vehicles
Monday, Oct. 8, 2012, 07:55 AM
Auto Remarketing Staff
Gas prices are nearing $4, but shoppers still remain cautious when it comes to alternative-fuel vehicles. And according to Kbb.com, consumers don’t think the fuel rate spike is over — a worry that is still not causing them to consider alternative-fuel vehicles, site officials explained. [Read More]
Jeep Reveals Winners of Recent ‘Quest’ Kids Photography Contest
Monday, Oct. 8, 2012, 07:54 AM
Auto Remarketing Staff
Jeep brand officials announced late last week the winners of the nameplate’s recent photography contest. Recently, Boys & Girls Club members located within a 100-mile radius of seven U.S. cities were challenged by the Jeep brand and Boys & Girls Clubs of America to enter the "Your Jeep Quest" photography contest, “a partnership that rewards […] [Read More]
EXCLUSIVE PREVIEW: Greater Supply, Dealer Engagement & Program Quality Among Factors Driving CPO Growth
Friday, Oct. 5, 2012, 05:59 AM
Auto Remarketing Editor Joe Overby
How has the certified pre-owned market managed to be this strong and reach consecutive years of historic sales? It depends on whom you ask. Among the national CPO managers who shared their thoughts with Auto Remarketing, there were several different reasons cited when they were asked why there has been industry-wide growth in certified sales […] [Read More]
Auction Genius, Carfax, VinSolutions Set to Share Ideas During Upcoming Free ARTS Webinar
Friday, Oct. 5, 2012, 05:57 AM
Auto Remarketing Staff
The year’s final installment of the Auto Remarketing Training Series includes fresh sales and inventory recommendations from presenters who will be a part of the free Webinar for the first time. Used-car managers and other dealership staff members can participate in the ARTS Webinar that’s scheduled for 2 p.m. ET on Tuesday. On tap for […] [Read More]
Edmunds: With More 2013 Models on Hand, Streak of Rising Monthly Incentives Stops at 5
Friday, Oct. 5, 2012, 05:54 AM
Auto Remarketing Staff
Edmunds.com analysts discovered automaker incentives fell slightly in September as more and more 2013 models have hit the market. According to the site’s True Cost of Incentives, the industry spent $2,227 per vehicle last month, down 3.1 percent from August and down 9.3 percent from September of last year. Analysts indicated the decline ended a […] [Read More]
Report: Ford Maintains Ranking as Top Buzz-Driving Brand
Thursday, Oct. 4, 2012, 05:54 AM
Auto Remarketing Staff
New and redesigned models for 2013 are creating a media buzz, and a new report ranks Ford as having top Impact Media Value. According to General Sentiment’s New Models Auto MediaMatch report, released this week, Ford is the top brand with $79.8 million of Impact Media Value. The research credits the buzz on Ford to […] [Read More]
TrueCar: September Transaction Prices Rise as Incentives Continue to Fall
Wednesday, Oct. 3, 2012, 05:58 AM
Sarah Rubenoff
Consumers are apparently willing to spend more on the lots, and it isn’t because of impressive dealer and incentives, which are declining as fall gets underway, according to TrueCar.com. The site estimated today that the average transaction price for light vehicles in the U.S. was $30,282 in last month, up $264 (0.9 percent) from September […] [Read More]
PwC’s Autofacts Forecast Places New-Vehicle Sales at 14.5M for 2012
Wednesday, Oct. 3, 2012, 05:56 AM
Auto Remarketing Staff
Despite sluggish economic growth, new data from PwC’s Autofacts pointed toward new-vehicle sales reaching 14.5 million in the U.S. this year while moderately increasing in 2013. PwC’s Autofacts attributes this growth to factors including the return of automotive financing and subprime loans, coupled with pent-up demand from an estimated 11 million consumers who have deferred […] [Read More]
New Sales Course Focused on Selling Used & Pre-Owned Vehicles
Tuesday, Oct. 2, 2012, 02:14 PM
Auto Remarketing Staff
A new sale training course focused on selling used and pre-owned vehicles was announced today by Joe Verde Sales & Management Training Inc. Subscribers to Joe Verde’s Training Network, a virtual sales training network for the auto industry, now have access to "Selling Used, Pre-Owned & Certified Vehicles in Today’s Market," the company’s newest online […] [Read More]
How Dealers Reap The Benefits of Knowing What is Important to Women CPO Shoppers
Monday, Oct. 1, 2012, 07:58 AM
Women-Drivers.com president Anne Fleming
Did you ever wish you could read a woman’s mind to know exactly what car and price range she is interested in when she enters your dealership? Wouldn’t that make the selling process easier? Recent industry numbers highlight the power of women buyers and demonstrate what value they have to your dealership’s bottom line. The […] [Read More]