Analysis
AutoTrader: Luxury CPO Models Gain Major Ground
Wednesday, Nov. 30, 2011, 04:29 PM
Auto Remarketing Staff
If the Used/CPO Car Insights Report from AutoTrader.com is any indication, it appears the big winner in the certified pre-owned market last month was the luxury segment. Pushed by pent-up demand and the strong cross-shopping trend of consumers browsing both new and used models, luxury CPO vehicles — along with new luxury rides — showed […] [Read More]
High Gear Media Picks ‘Best Cars to Buy’ From New 2012 Models
Wednesday, Nov. 30, 2011, 04:25 PM
Auto Remarketing Staff
High Gear Media recently revealed its picks for “Best Cars to Buy 2012.” The three cars that made is onto the company’s list were the Ford Focus, the Porsche 911 and the Toyota Prius. The choices were made by editors from High Gear Media’s sites — The Car Connection, Motor Authority and Green Car Reports. [Read More]
Inventory: Half Full or Half Empty?
Wednesday, Nov. 30, 2011, 04:03 PM
Kraig Quisenberry
Is the glass half full or half empty? Perhaps it only requires just a bit more of what’s already in it. I will admit, in the past I was a bit of an optimist when it comes to inventory challenges. In other words, I would buy from my gut based on what inventory was in […] [Read More]
Edmunds.com Suggests Lease Customers Consider Selling
Wednesday, Nov. 30, 2011, 03:50 PM
Auto Remarketing Staff
With franchised dealers eager to be the landing spot for off-lease units, Edmunds.com assembled a trio of reasons why it might be prudent to end a lease early. Senior consumer advice editor Phil Reed explained how recent changes have created equity in vehicle leases in his study called, “3 Ways to Turn Your Lease into […] [Read More]
KBB Encourages Consumers Not to Wait to Buy Used Vehicles with Higher Prices on Horizon
Wednesday, Nov. 30, 2011, 07:00 AM
Auto Remarketing Staff
Predicting a 4- to 6-percent spike in used-vehicle values into early next year, Kelley Blue Book came out Tuesday and strongly suggested that consumers make the move now if they’re looking to purchase a used model. The refilling of the industry’s used supply via off-lease and off-rental models will likely be limited in early 2012, pushing prices up. […] [Read More]
CNNMoney Names Most Profitable Vehicles
Wednesday, Nov. 30, 2011, 06:58 AM
Auto Remarketing Staff
Recapping some analysis from U.K.-based Bernstein Research, CNNMoney recently revealed a dozen models that dealers would be wise to keep on their lots. And interestingly enough, the top three vehicles on the list of the 12 most profitable models were trucks from Big 3 automakers. CNNMoney quoted Bernstein auto researcher Max Walburton as saying that […] [Read More]
Suzuki Looks to Take VW to Arbitration to Recoup Shares
Tuesday, Nov. 29, 2011, 06:58 AM
Auto Remarketing Staff
The ongoing public mud flinging between Suzuki and Volkswagen continues to heat up as the former revealed it has entered arbitration in an attempt to recoup shares. The automakers entered a collaberative deal in 2009 to improve cost efficiencies, but as of late, they have taken their dispute to the public stage as corporate cultures […] [Read More]
Former CarsDirect.com Exec Tapped as New Mota Motors Chief Revenue Officer
Tuesday, Nov. 29, 2011, 06:57 AM
Auto Remarketing Staff
Revealed Monday, as the company gears up to launch what it calls a "game changing" used-vehicle certification program, Mota Motors has hired a chief revenue officer. Bringing more than 10 years of digital automotive marketing experience to the company, chosen for the position is Ken Potter. [Read More]
KAR Employees Donate More than 11,000 Items in Food Drive
Tuesday, Nov. 29, 2011, 06:55 AM
Auto Remarketing Staff
In the spirit of community outreach — and friendly competition among co-workers — KAR Auction Services and its employees generated donations of more than 11,000 food items for a local food bank in a recent “Battle of the Floors” food drive at the Indianapolis-area company. A software quality analyst for the company — Scott Schultz […] [Read More]
Toronto Dealers Lend Seriously Ill Children a Helping Hand
Friday, Nov. 25, 2011, 04:59 PM
Auto Remarketing Staff
As the holiday season gets into full swing, children with serious illnesses and their families traveling to Toronto for medical care will now have a “home away from home,” thanks in part to the donations of the city’s car dealers. The Toronto Automobile Dealers Association recently celebrated the opening of what is said to be […] [Read More]