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
Worst Over for Production Disruptions?
Friday, May. 27, 2011, 05:58 AM
Auto Remarketing Staff
It looks like the worst of the production hurdles facing Japanese automakers are over, according to Edmunds.com, which said Thursday that 2011 full-year industry sales shouldn’t be hit too hard from the disruptions as long as current production recovery continues. And though May certainly was a challenging month for the overall industry, the three largest […] [Read More]
Pennsylvania Rep. Mike Kelly Receives AIADA Dealer Advocacy Award
Friday, May. 27, 2011, 05:55 AM
Auto Remarketing Staff
The American International Automobile Dealers Association on Thursday named Pennsylvania dealer and U.S Rep. Mike Kelly winner of its Legislative Action Network Advocacy Award. The award, given at the AIADA’s Fifth Annual International Auto Industry Summit held in Washington, D.C., recognizes Kelly’s dedication to advocating on behalf of AIADA’s dealer members, the association stressed. “Rep. Kelly […] [Read More]
Ford & GM Offer Assistance to Missouri Tornado Victims
Friday, May. 27, 2011, 05:54 AM
Auto Remarketing Staff
In response to the nation’s deadliest single tornado since the National Weather Service started keeping records in 1950, both General Motors and Ford have pledged money and resources toward relief efforts in Joplin, Mo. The General Motors Foundation gave a $100,000 grant to the American Red Cross to aid recovery efforts for victims of the […] [Read More]
TrueCar: May SAAR Expected to be Year’s Lowest So Far
Thursday, May. 26, 2011, 05:59 AM
Auto Remarketing Staff
In what TrueCar has called a “sizeable speed bump” to the auto market’s rebound, analysts are expecting May to finish at what would be the softest seasonally adjusted annualized rate for new-vehicle sales so far in 2011 and close to a nine-year-low incentive level. New-vehicle sales are expected to drop on a year-over-year and sequential […] [Read More]
Study: Consumers Plan to Pursue More Fuel-Friendly Rides
Thursday, May. 26, 2011, 05:58 AM
Auto Remarketing Staff
In the midst of a still-uncertain economy and gas prices fluctuating toward the higher end, though down slightly of late, a hefty majority of consumers are apparently planning to go more fuel-efficient with their next ride and aren’t letting much stand in their way, according to Consumer Reports. The magazine found in its recent survey that consumers […] [Read More]
Honda Odyssey Wins Title of ‘Ultimate Minivan’
Thursday, May. 26, 2011, 05:55 AM
Auto Remarketing Staff
Cars.com announced Wednesday that the Honda Odyssey was named the winner of its Ultimate Minivan Shootout. During the site’s first-ever minivan competition, it took six redesigned 2011 minivans under $45,000 and let them battle it out in a series of challenges, determining which one was “the best of the pack.” The 2011 Odyssey came out […] [Read More]
Chrysler Raises Funds for Tornado-Damaged Tuscaloosa Schools
Thursday, May. 26, 2011, 05:54 AM
Auto Remarketing Staff
On the heels of last month’s deadly tornadoes that struck the Southeast and the more recent storm in Joplin, Mo., Chrysler did its part to help by teaming up with the Rock Quarry Elementary School in Tuscaloosa, Ala., to aid in area schools’ recoveries. In an effort to raise money to replenish tools and school supplies […] [Read More]
GM to Add 2,500 Jobs to Detroit Assembly Plant
Wednesday, May. 25, 2011, 02:54 PM
Auto Remarketing Staff
GM announced today that it is adding two shifts and about 2,500 jobs at the Detroit-Hamtramck assembly plant as part of the company’s plan to create or retain about 4,000 jobs and invest $2 billion in 17 manufacturing facilities in eight states. The new jobs will be focused around building the new Chevrolet Malibu midsize […] [Read More]
Is There a Used-Vehicle Bubble Ahead?
Wednesday, May. 25, 2011, 06:00 AM
Auto Remarketing Staff
The country has witnessed a dot-com bubble and then a mortgage bubble. Could there be a used-vehicle bubble on the horizon? Dale Pollak thinks there could be. The vAuto founder began his blog post Tuesday by giving dealers what he called, "a head’s up." Pollak stressed that he was “not willing to make firm predictions about the […] [Read More]
NADA Used Car Guide: Will Cost of Small Cars Go Up Another 30 Percent?
Tuesday, May. 24, 2011, 05:59 AM
Auto Remarketing Staff
Pushed by supply dynamics and surging fuel costs, small-car trade-in values are likely to skyrocket next month, according to NADA Used Car Guide. Specifically, NADA Used Car Guide senior analyst Jonathan Banks is predicting a 30-percent year-over-year hike in trade-in values for used small cars in June. [Read More]