Showing how difficult it can be to break dealership stereotypes, a recent poll conducted for CarMax suggests buying a vehicle remains a hassle for women. When asked about their last vehicle-buying experience, more than a quarter of women surveyed felt they were not getting an effortless and quick transaction. A fair trade-in value and trustworthy […] [Read More]

On the heels of the federal government announcing its 2017—2025 fuel-economy proposal last week, the National Automobile Dealers Association is reminding dealerships to pick up their copy of the 2012 Fuel Economy Guide, which was recently released by the U.S. Department of Energy and the Environmental Protection Agency. Included in the guide are detailed fuel-economy […] [Read More]

Auto Remarketing’s Used Car Week officially concludes today with a series of concurrent workshops. [Read More]

After an October that saw sales soar, bringing the SAAR over 13 million, the industry is expected to keep picking up steam, according to J.D. Power and Associates. Per the company’s monthly sales forecast, this month’s total light-vehicle sales are expected to come in at 975,600 units, marking an 8-percent climb year-over-year. That said, fleet […] [Read More]

If the 2011 DuPont Automotive Color Popularity Report is any indication, it might be a wise idea for dealers to stock several white and silver vehicles on their respective lots. Surpassing longstanding rivals black and gray, DuPont revealed Thursday that white/white pearl joined silver at the top of the world color ranks in this year’s […] [Read More]

Revealed Thursday, another big award has been announced at the Los Angeles Auto Show. Taking home the title of the 2012 Green Car of the Year is the 2012 Honda Civic Natural Gas. The Green Car Journal presented Honda with the award in part because of the OEMs innovation —  having made the first factory-built […] [Read More]

Along with a new class of Women in Remarketing being honored, today’s agenda is packed full, with the day kicking off with a Keynote Address featuring a diverse panel, including the perspective of dealers, automakers and lenders on the state of the used-car industry. This panel includes Jennifer Costabile, of GM Fleet and Commerical Operations; […] [Read More]

The inaugural Re3 conference on Wednesday served as a platform for lender executives, repossession and recovery agents, as well as attorneys, to come together to discuss the industry’s challenges. Mike Goins, head of loss recovery at TD Auto Finance, who served on the “The State of the Industry” panel Wednesday morning, called the event very […] [Read More]

Generating pointed reaction from auto industry associations, the U.S. Environmental Protection Agency and the U.S. Department of Transportation Wednesday formally unveiled their joint proposal to set stronger fuel economy and greenhouse gas pollution standards for model year 2017–2025 passenger cars and light trucks. What is concerning to the National Automobile Dealers Association revolves around the […] [Read More]

Shifting away from a more positive outlook on the economic recovery, auto executives aren’t quite as optimistic as before and have pulled back hiring and capital spending plans for 2012, according to a recent KPMG survey conducted in advance of the Los Angeles Auto Show. The KPMG Automotive Executive Survey, which was conducted in October, […] [Read More]