When a shopper buys a new-vehicle these days, the person will typically keep the car close to six years, according to Polk, which said vehicle ownership periods have never been this high. In examining vehicle registration data for the third quarter of 2011, Polk found that consumers are now holding on to vehicles they purchased as new […] [Read More]

Now in its fourth year of honoring top women leaders in the industry, Auto Remarketing is continuing this tradition of recognizing excellence by now opening the nominations for its 2012 Women in Remarketing Class. Auto Remarketing’s April 15 edition will be dedicated to honoring women’s contributions to the used-car, remarketing, auction and auto finance industry. No […] [Read More]

A typical four-door sedan might work just fine as a commuter vehicle, but it’s obvious the president needs more than just a gas-sipper to get to and from the White House and other destinations. With today marking President’s Day, Cadillac recalled how throughout history the brand has played a significant role in transporting U.S. presidents […] [Read More]

ClassicCars.com announced late last week that the online collector/classic car marketplace has reached a new milestone. The aggregate value of the inventory on the site now is more than $1 billion, officials noted. “Reaching one billion dollars in inventory is a tremendous milestone for us and for our industry,” stated chief executive officer Roger Falcione. [Read More]

Late last week, Ford Motor Co. was named as one of America’s top corporations for its support of women-owned suppliers. "Building a financially healthy, diverse supply base is a central part of the Ford purchasing strategy," said Tony Brown, group vice president for Ford Global Purchasing. "We are proud to receive this recognition, and we […] [Read More]

For consumers who have been putting off heading to the dealership for a new vehicle in search of the best deal, Feb. 25th might be the day to drive off the lot, according to TrueCar.com. The company is forecasting this Saturday will be the best day of the month to purchase a vehicle with an […] [Read More]

In the hours after the Giants notched a Super Bowl win, some car advertisers were seeing consumer interest soar, a welcome result to the time and money spent for the coveted ad spots during the big game. But did these spikes last? Are shoppers still thinking about  Lexus’ first ever Super Bowl ad ever or […] [Read More]

A familiar pair of Japanese brands has taken top honors in ALG’s fourth annual Canadian Residual Awards yet again, but as ALG Canada regional director Geoff Helby told Auto Remarketing Canada this morning, the gap is closing dramatically. [Read More]

The Auto Remarketing Canada conference presented by CarProof has added a pair of new corporate partners, and organizers have also announced additional speakers for the event, which is being held April 16–18 at The Fairmont Royal York in Toronto. Moreover, the official site for the conference has been launched and can be seen at http://arcanada.autoremarketing.com. […] [Read More]

Canadian Black Book unveiled the 2012 Best Retained Value Awards today and dominating this year’s honors were Japanese brands, particularly Toyota and Lexus. The awards honor the vehicles across 17 segments that maintain their value the best. Including the tie between the Honda Accord and Subaru Outback in the midsize car category, 11 of the […] [Read More]