Analysis
Foreign and Domestic OEMs Predicted to Wage ‘Battle’ in 2012
Thursday, Jan. 5, 2012, 07:00 AM
Sarah Rubenoff
Just a few years ago the nation watched as Chrysler and General Motors struggled to survive, while Ford appeared to leverage itself to the hilt to stick it out. However, turn forward a few years and 2011 paints a very different story for the Big 3. With OEMs consistently releasing high sales numbers to cap […] [Read More]
Auto Remarketing Shifts E-Newsletter Schedule to Expand SubPrime News Update
Thursday, Jan. 5, 2012, 06:59 AM
Auto Remarketing Staff
Auto Remarketing’s readers have likely noticed several changes as Cherokee Automotive Group returned to publishing its e-newsletters in the new year. We are launching a new schedule that makes some shifts to allow us to increase the frequency of SubPrime News Update to three times a week — Monday, Wednesday and Friday. Repo and Recovery, […] [Read More]
AutoTrader Says Overdrive Solution Sparks Traffic Gain for Inaugural Advertiser
Thursday, Jan. 5, 2012, 06:57 AM
Auto Remarketing Staff
AutoTrader.com recently completed the inaugural campaign of its new Overdrive homepage advertising solution and shared Wednesday how the first advertiser to use the interactive tool – Chevrolet – fared during the week-long endeavor. Chevy used Overdrive to market its Sonic model and found that search volume and share for the vehicle on AutoTrader.com saw a […] [Read More]
ARI and Holman Join Forces to Deliver United Way Chapter’s First $1 Million Pledge
Thursday, Jan. 5, 2012, 06:54 AM
Auto Remarketing Staff
ARI and parent company Holman Automotive Group recently revealed the generous financial pledge made by their employees to the United Way of Camden County New Jersey. With 1,800 employees in south New Jersey, Holman Automotive and ARI became the first company to donate more than $1 million to this United Way chapter, pledging a total […] [Read More]
CNW: Used Sales Surge in 2011, Close Year on High Note
Wednesday, Jan. 4, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
In what was a solid finish to a strong 2011 for the used-car market, December saw a 12-percent rise in used sales, which pushed the full-year numbers to a gain of more than 5 percent, according to CNW Research. More specifically, used-vehicle sales for 2011 totaled 38.8 million units, which was 5.2-percent stronger than the […] [Read More]
NY Dealers Pump Almost $25 Billion into Local Economy
Wednesday, Jan. 4, 2012, 06:58 AM
Auto Remarketing Staff
Dealers’ success this year seems to be spurring economic recovery along, at least in the Empire State. According to the Greater New York Automobile Dealers Association, franchised dealers in the New York metro area sold 403,000 new and used cars. And as a result, their businesses injected $24.9 billion into the economy, while also providing […] [Read More]
Edmunds: BMW’s Incentive Push Likely Won’t Keep Mercedes at Bay
Wednesday, Jan. 4, 2012, 06:56 AM
Auto Remarketing Staff
BMW poured on the incentives in December, but it appears the German automaker was not able to keep its grip on the luxury market full-year sales crown, according to Edmunds.com. Mercedes-Benz likely passed BMW for full-year sales, the firm projects. Explaining the shift, Edmunds noted that at the end of November, BMW’s year-to-date sales were […] [Read More]
NADAguides: Koreans, Domestics Attract Most Consumer Attention
Tuesday, Jan. 3, 2012, 04:07 PM
Auto Remarketing Staff
It appears that consumers are gravitating more and more to Korean brands when looking at new vehicles, according to NADAguides.com, which said in its latest Consumer Market Interest Report that domestics are holding their own, as well. Sharing the rankings of the most-researched vehicles on the site during the quarter, officials noted that the model […] [Read More]
Consumer Reports Reveals Top New-Car Values
Tuesday, Jan. 3, 2012, 03:28 PM
Auto Remarketing Staff
Consumer Reports’ Best New-Car value list covered a bevy of vehicles, ranging from luxury sedans to family-friendly minivans, but one smaller unit made it back on the list and also re-emerged as the best overall value among the vehicles analyzed. Taking home the top honors, the Honda Fit impressed Consumer Reports’ staff once again. And […] [Read More]
Polk: U.S. Climb Expected to Spark 2012 Global Sales Rise
Tuesday, Jan. 3, 2012, 02:56 PM
Auto Remarketing Staff
Building upon the strengthening performance of 2011 new-vehicle sales in the U.S. and elsewhere, Polk on Tuesday predicted that this year’s worldwide new-vehicle sales should rise 6.7 percent. That estimated jump would push worldwide volume to 77.7 million vehicles. Polk analysts believe the global economy will weather the current European sovereign debt crisis, and consumers […] [Read More]