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Used-car sales 'playing out to be much more stable'
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Cox study shows gaps in consumer and dealer perceptions of AI, digital retailing
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Latest Stories
Analysis
Newest Speakers for 2013 ARC Conference Include Toyota Social Media Manager & Google Exec
Wednesday, Mar. 13, 2013, 05:01 PM
Auto Remarketing Canada Staff
Organizers of the Auto Remarketing Canada Conference, presented by CarProof, are excited to announce the latest additions for this year’s agenda. Joining this year’s Day Two keynote panel is Sarah Hill, social media manager for Toyota Canada Inc. On Tuesday morning, April 23, Canada’s top remarketing executives take the stage for a keynote panel […] [Read More]
The Importance of Reaching Millenial Buyers in Canada; Study Says ‘Advocacy’ is Key
Wednesday, Mar. 13, 2013, 04:40 PM
Auto Remarketing Canada Editor Sarah Rubenoff
It may be time for dealers in Canada to cater to younger audiences. According to the 2012 Consumer Retail Experience Study from J.D. Power and Associates, a critical step in attracting more business from young buyers is increasing advocacy among current customers. J.D. Power contends the Canadian automotive industry needs to put aside “labels or […] [Read More]
J.D. Power: 10 Biggest Motivators Behind Buying a Certain Model
Wednesday, Mar. 13, 2013, 06:00 AM
Auto Remarketing Staff
In a post to its AutoMotion blog on Tuesday, J.D. Power and Associates ranked the top 10 reasons consumers give for buying a specific model. To determine this list, the firm took its 2010–2012 Initial Quality Studies and boiled it down to the 10 factors new-car owners pointed to most often in explaining their purchases. […] [Read More]
Pollak: Service Department Reinvention and Going From ‘Back End’ To Beacon Status
Wednesday, Mar. 13, 2013, 05:58 AM
Dale Pollak
In my day as a dealer, I held the same view of my service department as many dealers do today: It was the “back end” of the business. I understood, of course, that my service and parts operation was critical to the overall profitability of the dealership — especially in months when my advisors and […] [Read More]
Keynote Speaker Announced For 2013 Automotive Forum in NYC
Wednesday, Mar. 13, 2013, 05:54 AM
Auto Remarketing Staff
On Tuesday, organizers revealed the keynote speaker for the upcoming 2013 Automotive Forum in New York. The annual conference, presented by NADA and J.D. Power and Associates, will feature Toyota’s Bob Carter, senior vice president of automotive operations for Toyota Motor Sales U.S.A. Conversation and sessions at the one-day forum (March 26) will focus on […] [Read More]
For 4 Years Running, ARI & Team Holman Earn Top Honors for Autism Fundraising
Tuesday, Mar. 12, 2013, 03:42 PM
Auto Remarketing Staff
Receiving some kudos for their community outreach, ARI and Team Holman have been recognized as top fundraisers for autism awareness for the fourth straight year. The Greater Delaware Valley Chapter of Autism Speaks named ARI and Team Holman as the top fundraising team for 2012 in the Southern New Jersey Walk Now for Autism Speaks, […] [Read More]
Secure Collateral Management Rolls Out Same-Day Payment Program
Tuesday, Mar. 12, 2013, 03:15 PM
Auto Remarketing Staff
Secure Collateral Management announced the availability of same-day payment for its network of recovery agencies. SCM said it will begin paying repossession agents all fees on the same day they repossess the vehicle beginning on April 1 with no early payment fee being charged. “I feel it is about time skip companies and forwarders recognize […] [Read More]
Top 10 States for Lowest, Highest APR in February
Tuesday, Mar. 12, 2013, 06:26 AM
Auto Remarketing Staff
Based on data Edmunds.com gave Auto Remarketing sister publication SubPrime Auto Finance News, there was a 363-basis-point differential between the state with the highest average APR and lowest for all transactions by franchised dealers reported to the site in February. Pacing the nation for this metric was Louisiana with an average APR of 6.19 percent […] [Read More]
Cars.com Names Best Used Cars Under $10K
Tuesday, Mar. 12, 2013, 05:55 AM
Auto Remarketing Staff
If a customer arrives on your lot and plans on spending about $10,000 for a used car, a new list from Cars.com may provide you some marketing ammo to help explain why your used cars stands out from the rest. Editors with the site have listed their top 10 used cars recommended for consumers shopping […] [Read More]
Experian: Nearly 25 Percent of Q4 New-Model Financing Was Leasing
Thursday, Mar. 7, 2013, 07:00 AM
Nick Zulovich
Here’s a ratio that should make used-car managers smile about finding potential certified pre-owned inventory down the road. Experian Automotive said nearly one of every four new vehicles that left franchised dealer lots during the fourth quarter had a lease contract. To be exact, the leasing share of new-vehicle financing in Q4 increased to 24.79 […] [Read More]
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