COMMENTARY: How blockchain is set to transform the automotive industry
Wednesday, Jan. 8, 2025, 02:03 PM
Wholesale vehicle prices back to 'more normal' patterns
Wednesday, Jan. 8, 2025, 01:55 PM
The dealership buy-sell market in 2025: More selective buyers and more predictability
Monday, Jan. 6, 2025, 09:56 AM
Analysis
Chrysler, Ford to Delve into 2Q Results This Morning
Tuesday, Jul. 26, 2011, 06:00 AM
Auto Remarketing Editor Joe Overby
Chrysler and Ford both apparently slashed incentives by almost 20 percent year-over-year during the second quarter, according to TrueCar. The company is also predicting that each automaker will see sales climb from a year ago, although Chrysler’s surge is believed to be much more significant. These topics and more could be on the table this […] [Read More]
Dataium Predicts Stronger Industry Sales in Near Future as Online Shopping Activity Spikes
Tuesday, Jul. 26, 2011, 05:59 AM
Nick Zulovich
Online auto shopping activity is on the rise and could be leading to a climb in floor traffic for dealers. After two consecutive months of decline, the Dataium Auto Shopper Intensity Index turned upward in June, indicating stronger sales volumes for the industry during the next 45 to 60 days. Highlights from June’s ASI index […] [Read More]
Edmunds Spotlights 2011 Models with Lowest Ownership Costs
Tuesday, Jul. 26, 2011, 05:58 AM
Auto Remarketing Staff
On Monday, Edmunds.com rolled out its awards spotlighting the 2011 model-year vehicles with the lowest five-year ownership costs, and two brands, in particular, stood out from their peers. Across the 23 categories of the 2011 Lowest True Cost to Own Awards, Honda took five spots and Ford notched four honors. Breaking it down, Honda was […] [Read More]
eBay Motors Launches Annual People’s Picks Competition
Tuesday, Jul. 26, 2011, 05:54 AM
Auto Remarketing Staff
To determine what vehicle buffs believe is the best muscle car, intake manifold and more, eBay Motors rolled out its second annual People’s Picks campaign. Now running through Sept. 30, eBay Motors explained People’s Picks gives car lovers the chance to vote on the best vehicles, parts and accessories with an international audience. Voters are […] [Read More]
NADA UCG: Prices of Fuel-Efficient Used Cars to Stay High in August
Monday, Jul. 25, 2011, 08:00 AM
Auto Remarketing Staff
Stemming from a belief that used-vehicle prices likely peaked in June, NADA Used Car Guide insisted average trade-in values of many popular, fuel-efficient small units from the 2006-2009 model years are still expected to be higher next month than when the year started. In fact, senior analyst Jonathan Banks projected these average trade-in values to […] [Read More]
CNW Gauges Floor Traffic & Incentive Activity to Make July New-Vehicle Sales Projection
Monday, Jul. 25, 2011, 07:59 AM
Auto Remarketing Staff
While often the reference for used-vehicle sales data, CNW Research late last week shared projections about how July new-vehicles sales might settle and why. CNW thinks there will be 1.105 million new sales this month, a figure that would represent a 5.3-percent rise from July of last year. President Art Spinella used that July prediction […] [Read More]
TrueCar: Baby Boomers Go for Luxury
Monday, Jul. 25, 2011, 07:58 AM
Auto Remarketing Staff
The auto buyer landscape may be shifting toward a younger generation these days, but Baby Boomers still yield quite a bit of power. Many in this generation — those buyers born between 1947 and 1965 — have greater flexibility when it comes to time and money, thanks to an empty nest at home and more […] [Read More]
WomenCertified Requests Nominations for Top Dealers in Customer Service
Monday, Jul. 25, 2011, 07:55 AM
Auto Remarketing Staff
WomenCertified is calling for dealers throughout the country to nominate their respective stores for an upcoming listing that will honor those that show the most remarkable customer service. To vie for a spot on the list of Top Dealerships for Outstanding Customer Experience by WomenCertified, dealers can go to www.womencertified.com/topdealerships and fill out the form. WomenCertified […] [Read More]
Canadian Dealers Turn to Online Wholesale Avenues, Offer Best Practices
Friday, Jul. 22, 2011, 05:03 PM
Auto Remarketing Editor Joe Overby
Ontario dealer Al Revell no longer buys any vehicle at the physical auction. Instead, the co-owner of Revell Ford Lincoln in Verona, Ontario takes care of all his store’s wholesale buying needs through OPENLANE. A case study on Revell’s store from OPENLANE revealed that a few years ago, Ford was steering its dealers to utilize […] [Read More]
J.D. Power: July Sales Up, but Pressures Still Apply
Friday, Jul. 22, 2011, 05:58 AM
Auto Remarketing Staff
So far this month, although new retail sales have picked up the pace from June and May, various downward pressures appear to be keeping sales at bay. The market still hasn’t returned to the strength it saw during the first few months of 2011, according to J.D. Power and Associates. The firm is forecasting July […] [Read More]