COMMENTARY: 2025 auto retail outlook, as machine learning meets inventory intelligence
Tuesday, Jan. 14, 2025, 11:42 AM
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Friday, Jan. 10, 2025, 04:02 PM
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Analysis
Nissan Chief Product Officer Says Biggest Concern is Making Enough Cars
Wednesday, Sep. 28, 2011, 02:34 PM
Auto Remarketing Staff
According to one of Nissan’s top executives, the biggest problem the automaker faces today is “making enough cars.” In a recent interview, the automaker’s chief performance officer and executive vice president Colin Dodge noted that as of the end of August, production was up 150,00 units when compared to last year. Though that is a […] [Read More]
TrueCar: Used Sales Up Almost 5 Percent, New-Car SAAR Likely Best Since April
Wednesday, Sep. 28, 2011, 06:00 AM
Auto Remarketing Staff
Used-car sales for September are likely to fall double-digits from August, but even with this large sequential downturn, the used market is still projected to beat year-ago sales by more than 4 percent, according to TrueCar. Specifically, the firm believes September’s used sales total will come in at 3.23 million units once the month wraps […] [Read More]
AutoUSA Survey Finds Dealers Continue to Spend Big on Internet Departments
Wednesday, Sep. 28, 2011, 05:56 AM
Auto Remarketing Staff
AutoUSA announced Tuesday the results of this year’s dealer Internet marketing survey which may give dealers some insight into why shoppers aren’t buying. The results revealed a struggling economy is directly affecting consumer’s ability to buy cars. The study also delved into the inner workings of dealerships’ Internet marketing departments and found that staffing issues […] [Read More]
CNW Says Newspapers Are Beating Out Other Ad Mediums in Driving Store Traffic
Tuesday, Sep. 27, 2011, 06:00 AM
Auto Remarketing Editor Joe Overby
When a shopper visits Cox Chrysler Jeep Dodge in Wilson, N.C, it’s not uncommon for the staff to spot the local newspaper sitting in the front seat of the individual’s car, flipped open to an ad from the store. Sandwiched between two of the state’s larger TV markets in Raleigh and Greenville, the dealership finds that newspaper advertising is the […] [Read More]
Used Car Week Sessions to Recognize CPO Leaders, Women in Remarketing
Tuesday, Sep. 27, 2011, 05:58 AM
Auto Remarketing Staff
During the series of three conferences that constitute the Used Car Week Conferences, three separate awards ceremonies will take place to recognize excellence in a variety of areas. First, during the CPO Forum, which will be held Nov. 14–15, Auto Remarketing will recognize its 2011 CPO Dealer of the Year, Karl Chevrolet of Ankeny, Iowa. […] [Read More]
Dataium Shopper Intensity Index Strengthens For Third Month in a Row
Tuesday, Sep. 27, 2011, 05:57 AM
Auto Remarketing Staff
Dataium’s Automotive Shopper Intensity Index is showing leaves won’t be the only things likely to turn at dealers’ rooftops in September and October. The index — an indicator of vehicle sales 30 to 45 days in advance — continued to show marginal gains for the third consecutive month. Analysts determined these gains indicate sales volumes […] [Read More]
AutoNation’s Jackson Expects New-Vehicle Sales to Rebound Without Heavy Incentives
Monday, Sep. 26, 2011, 07:59 AM
Auto Remarketing Staff
AutoNation chief executive officer Mike Jackson expects new-vehicle sales to rebound significantly during the fourth quarter but not by the path Kelley Blue Book projected. Jackson refuted the notion automakers will resort to an “incentive war” with plenty of cash on the hood and low APR to move new metal. During a meeting of AutoNation […] [Read More]
J.D. Power: September Sales to Show Marked Improvement
Monday, Sep. 26, 2011, 07:58 AM
Auto Remarketing Staff
As September winds down into its last week, J.D. Power and Associates expects new-vehicle selling rates to be stronger than last month. J.D. Power indicated this month’s new-vehicle retail sales are projected to come in at 842,400 units, which represents a seasonally adjusted annualized rate of 10.3 million units. Analysts pointed out this level marks […] [Read More]
Will Civic Lose Place Atop Canadian Market?
Friday, Sep. 23, 2011, 04:13 PM
Auto Remarketing Editor Joe Overby
While the Honda Civic maintained its perch atop the list of best-selling passenger cars year-to-date in Canada, the model saw its monthly sales fall more than 41 percent in August and is seeing some pressure from a certain Korean model that may knock the vehicle from its longtime run as the country’s most popular car, according to industry […] [Read More]
CNW: Some Dealers See Minor Respite in Used-Inventory Struggles
Friday, Sep. 23, 2011, 06:00 AM
Auto Remarketing Editor Joe Overby
Dealers continue to tussle with used inventory challenges, but they appeared to be getting a bit of relief in September, particularly for Big 3 and Asian brand vehicles. CNW Research said in its latest Retail Automotive Summary that used-vehicle supply is estimated to be 43.57 days, compared to the level at the end of August […] [Read More]