Earlier this week, Mercedes-Benz USA and its dealer body pledged to give $1.3 million this year to fund coaches for a charitable organization that aids projects using sports for the betterment of youth. The company’s gift to the Laureus Sport for Good Foundation, USA, will help the organization prepare and set up 250 coaches to […] [Read More]

Used-vehicle values have soared recently, even to the point where for some one- and two-year-old vehicles, a new car presents a better deal. But despite the escalation in used prices, Kelley Blue Book contends that there are still some used vehicles out there that are still in a relatively manageable price range. As such, KBB […] [Read More]

Auto Remarketing learned that Ally Financial is announcing today it will be partnering with a Denver Area dealer to make a contribution to the Boy Scouts of America Denver Area Council. The company will be making a $10,000 contribution to the organization in the name of Mike Shaw — recently named 2012 national Time Dealer of the Year.  […] [Read More]

If consumers take advantage of the latest used-vehicle pricing trend spotted by NADA Used Car Guide, dealers may soon see their trade-in supply increase sharply. Prices on trade-ins are projected to crest in the next few weeks before used-vehicle prices move downward in June and July, according to NADA Used Car Guide, which projects the […] [Read More]

Though there has been much discussion regarding whether new national gas-mileage and emissions standards will help or hurt the automotive industry, a new report contends that automakers are set to make “billions more dollars in profits.” [Read More]

When the 2012 Auto Remarketing Canada conference presented by CarProof kicks off in less than two weeks, attendees won’t have to look far for an abundance of insight on the Canadian used-car market. Among the many workshops and presentations offered at the event  — scheduled for April 16–18 at The Fairmont Royal York in Toronto […] [Read More]

Kelley Blue Book revealed the winners of its 2012 Brand Image Awards on Wednesday, and highlighting the list of honorees was a quartet of repeat winners. Honda took the Best Value Brand category for the second straight year, and Cadillac earned its second straight honor as Best Comfort Brand. Meanwhile, Mercedes-Benz celebrated its fifth straight […] [Read More]

Rising gas prices and loosening of credit are both contributing to a consumer shift towards smaller vehicles, J.D. Power and Associates reports. And while sales rates continued to rise during this past month, the company contends that not only are the types of vehicles being purchased changing, but also the types of buyers and the average […] [Read More]

The latest tech gadget or social media trend might not be the only status aspiration of Millennials — the generation of young Americans ages 11 to 30 years old. Research conducted by Chevrolet and MTV Scratch found nearly 70 percent of Millennials consider the purchase of their first vehicle to be a key marker on […] [Read More]

The last time Volkswagen of America had this good of a first quarter, Richard Nixon was president and "The Godfather" was being given the Academy Award for Best Picture. The company’s 94,373 new-vehicle sales in the first three months of 2012 marked its strongest first-quarter since 1973, and VW capped the quarter with both its […] [Read More]