Analysis
Cars.com Expects Nissan Altima to Usurp Toyota Camry’s Title of Best-Selling Sedan
Tuesday, Apr. 24, 2012, 01:47 PM
Auto Remarketing Staff
Cars.com has predicted that the 2013 Nissan Altima may surpass the Toyota Camry for a title the latter has held for the past 10 years. The site’s analysts noted they are expecting a significant increase in sales for the newly redesigned Altima, which could result in the unit being named the best-selling sedan in the […] [Read More]
TrueCar Studies What Vehicles Men & Women Prefer Most
Tuesday, Apr. 24, 2012, 05:58 AM
Auto Remarketing Staff
TrueCar.com’s newest study examined gender differences in vehicle buying based on more than nine million retail purchases in 2011. As dealers might have suspected, analysts discovered men prefer flashy or brawny vehicles while women prefer import brands and smaller vehicles. “While gender preferences amongst the buyers of various automotive brands still exists, the gap is […] [Read More]
European Brand Leader Named Automotive Executive Of The Year
Tuesday, Apr. 24, 2012, 05:55 AM
Auto Remarketing Staff
The 2012 Automotive Executive of the Year Award was recently doled out, and taking this year’s honors was Ferarri North America’s head. Late last week, the award was presented to Marco Mattiacci, president and chief executive officer of Ferrari North America. Mattiacci received the accolade at an invitation-only luncheon held at the Detroit Athletic Club. […] [Read More]
CNW: Certified Units Turn 40-Percent Faster Than Non-CPO Versions
Monday, Apr. 23, 2012, 07:59 AM
Auto Remarketing Editor Joe Overby
On top of the certified pre-owned market setting an all-time record for sales last month, it was found that CPO units almost 40 percent faster their non-certified counterparts in March, according to CNW Research. What’s more, the premium for CPO vehicles has gone up 64.3 percent since the beginning of 2011, as of the end […] [Read More]
KBB: Consumer Reaction to Rising Gas Prices Varies Greatly
Monday, Apr. 23, 2012, 07:56 AM
Auto Remarketing Staff
Consumer reaction to gas prices is sending mixed signals to Kelley Blue Book. According to the latest Kelley Blue Book Market Intelligence survey, more than half — in fact, 66 percent — of new-vehicle shoppers have either changed their minds about which vehicle they are considering, or are thinking about vehicles they normally would not […] [Read More]
Cars.com Searches For US Cities With Most & Least Eco-Friendly Car Shoppers
Monday, Apr. 23, 2012, 07:55 AM
Auto Remarketing Staff
Who buys the “greenest” cars? Does the West Coast boast more eco-friendly drivers? Coinciding with yesterday’s celebration of Earth Day 2012, Cars.com aimed to answer these questions and more in releasing a list of U.S. cities with the most and least eco-friendly car shoppers. And the site found that based on their search for vehicles […] [Read More]
Edmunds: Hybrid Owners Likely to Turn to Other Segments with Next Purchase
Friday, Apr. 20, 2012, 05:58 AM
Auto Remarketing Staff
With gas prices high, more consumers are turning towards purchasing gas sippers like hybrids. However, dealers may have to fight harder to get hybrid buyers back into the store after their first purchase, according to recently released data from Edmunds.com Breaking the data down by 10 of the largest cities in the U.S., Edmunds.com found […] [Read More]
Auto Remarketing Canada Wraps Up Highest-Attended Conference
Thursday, Apr. 19, 2012, 04:38 PM
Auto Remarketing Editor Joe Overby
As one conference panelist so succinctly put it, Canada’s used-vehicle industry may be in for a "helluva strong market." And it appears the interest in the country’s used-car and remarketing industries is already there. Close to 500 dealers, remarketers and other Canadian auto business leaders poured into The Fairmont Royal York in Toronto recently for […] [Read More]
Study: As Fuel Prices Rise, U.S. Clean Diesel Auto Sales Increase
Wednesday, Apr. 18, 2012, 05:58 AM
Auto Remarketing Staff
In some perhaps not surprising news following the spike in fuel prices this spring, clean diesel automobile sales in the U.S. increased an impressive 35 percent during the first quarter of this year, according to information released Tuesday by HybridCars.Com and Baum and Associates. And the two companies say this climb coincides with continuing strong […] [Read More]
NADA Appoints Executive Director of Legislative Affairs
Wednesday, Apr. 18, 2012, 05:54 AM
Auto Remarketing Staff
The National Automobile Dealers Association revealed this week it has promoted one of its own to executive director of legislative affairs. Tapped for the position is current chief legislative counsel Michael Harrington. In his new role, Harrington is responsible for managing NADA’s legislative staff and implementing the association’s legislative agenda, officials explained. [Read More]