Analysis
NADAguides.com Honors April’s Featured Vehicle
Tuesday, Apr. 3, 2012, 03:22 PM
Auto Remarketing Staff
NADAguides.com announced its Featured Vehicle of the Month on Tuesday, giving this month’s honors to the 2012 Infiniti FX50. The site praised the Japanese luxury model for its vast comfort, technology and aesthetic options, while also touching on its “very competitive” performance attributes and price. NADAguides also gave kudos for the redesigned exterior. The FX50, […] [Read More]
eBay Motors Survey: Consumers Ready to Use Tax Refund on Vehicles
Tuesday, Apr. 3, 2012, 02:55 PM
Auto Remarketing Staff
If consumers aren’t using their income tax refund to make a vehicle purchase, an eBay Motors survey showed that cash might still result in dealership revenue. The eBay Motors survey indicated more than one-third of vehicle owners will spend a portion of their tax refunds on something related to a car, truck or motorcycle, and […] [Read More]
A Perfect Fit – Honda’s Growing Auto Production in North America
Tuesday, Apr. 3, 2012, 02:51 PM
Rick Schostek
Nearly 30 years after we began building the Honda Accord in America, the news that Honda will build the fuel-efficient Honda Fit in our new plant in Mexico is an important addition to the existing portfolio of passenger cars and light trucks we already produce in North America. [Read More]
Domestics Lead AutoNation’s 1Q Sales Growth
Tuesday, Apr. 3, 2012, 02:05 PM
Auto Remarketing Staff
Pushed by a significant uptick in its sales for Big 3 brands, AutoNation improved both its March and first-quarter new-vehicle sales by double-digits, the company said Tuesday. AutoNation closed the first quarter by moving 25,489 new vehicles in March. This marked a 15-percent year-over-year uptick. Sharing the results broken down by its three operating segments, […] [Read More]
CNW: ‘Looser Credit’ Drives Used Sales Growth
Tuesday, Apr. 3, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
Pushed by easier credit conditions and other factors, used-vehicle sales climbed by more than 8 percent year-over-year in March, according to CNW Research. Specifically, there were 2.71 million used sales in March, compared to 2.50 million in March 2011 and 1.99 million in February, CNW indicated. Year-to-date, there have been 6.90 million used sales, compared […] [Read More]
Impact of Aging Vehicle Population Trickles Down to Trade-In Time
Monday, Apr. 2, 2012, 08:00 AM
Auto Remarketing Editor Joe Overby
The car on the road today is quite the old timer. In fact, Polk reported in January that the vehicle population age hit a record high of 10.8 years last summer, after what was more than an 11-percent rise in the preceding five years. And this graying of the vehicle fleet has begun showing up […] [Read More]
Strategic Vision Connects Political Party Affiliation to Vehicle Purchase
Friday, Mar. 30, 2012, 06:00 AM
Auto Remarketing Staff
Are the car stereotypes true? Do Democrats own small hybrids, and Republicans drive full-size pickups and SUVs? Being that 2012 is a presidential election year, Strategic Vision collected the political party choice of more than 76,000 new-vehicle buyers who made a purchase during the past two years. Among the findings about party affiliation, what models […] [Read More]
Edmunds.com: Loosening Credit and Rising Gas Prices Bring Shoppers Back to Lots
Friday, Mar. 30, 2012, 05:56 AM
Auto Remarketing Staff
As credit loosens, confidence in the economy improves and gas prices climb, consumers are heading back to the lots, according to the sales forecast from Edmunds.com. As these factors drive rising auto sales, analysts contend that after “delaying purchases” over the last couple of years, shoppers will “march” back to the lots, contributing to what […] [Read More]
Early Registration for Auto Remarketing Conference Presented by CarProof Ends Soon
Thursday, Mar. 29, 2012, 04:46 PM
Auto Remarketing Staff
More than 300 people have already signed up for the 2012 Auto Remarking Canada Conference presented by CarProof and dealers are looking to be well represented again this year, making up nearly half of registered attendees thus far. But for dealers and other used-car and remarketing industry professionals who haven’t registered for the event and […] [Read More]
NADAguides Offers 15-Day Free Trial of New Housing Information Tool
Wednesday, Mar. 28, 2012, 05:54 AM
Auto Remarketing Staff
NADAguides revealed Tuesday it is offering a 15-day free trial of its new housing inventory valuation and portfolio management online application. Housing CONNECT provides banks, credit unions, finance companies, manufactured home retailers, community owners and more with access to 53 years of used value data, the company explained. So, how does it work? [Read More]