Analysis
Experian: Leasing is Becoming More of a Lender Priority
Monday, Jan. 3, 2011, 09:00 AM
Auto Remarketing Editor Joe Overby
Amid the auto industry’s severe challenges, financing struggles and the bankruptcies of two major players, the leasing market took its lumps in 2009 with many companies scaling back or pulling out of the market altogether. But 2010 was a different story. As of the end of the third quarter, leasing was up across the board, […] [Read More]
Kbb.com Reveals 2011 Best Redesigned Vehicle Award
Monday, Jan. 3, 2011, 08:56 AM
Auto Remarketing Staff
Kelley Blue Book’s Kbb.com recently unveiled its 2011 Best Redesigned Vehicle and earning the annual recognition is the 2011 Honda Odyssey. [Read More]
Domestics Likely to End Year on High Note
Friday, Dec. 17, 2010, 07:00 AM
Auto Remarketing Staff
While the Big 3 enjoyed some resurgence this year after a rather trying 2009, NADAguides.com revealed some more good news for these automakers Thursday. The company announced that the three most-researched models on its site for the first 11 months of the year are all Big 3 models. Specifically, the 2010 Ford F-150 generated the most interest […] [Read More]
Happy Holidays from Auto Remarketing
Friday, Dec. 17, 2010, 06:59 AM
Auto Remarketing Staff
This is our last edition of Auto Remarketing Today for the year. After we publish Auto Remarketing Canada a bit later today, we will go dark until the new year to give our staff time to spend the holidays with family. AutoRemarketing.com will return to its normal publishing schedule Jan. 3 with a new edition of […] [Read More]
J.D. Power: 2010 to Close with Bang
Friday, Dec. 17, 2010, 06:56 AM
Auto Remarketing Staff
This year is likely to “end on a high note,” as the stronger-than-expected retail new-vehicle market is projected to continue for the December, according to J.D. Power and Associates. Judging by the month’s first 10 days, the firm predicts that December will finish with 936,300 retail new-vehicle units sold, a year-over-year gain of 19 percent […] [Read More]
Which Automakers Are Successfully Tapping the Hispanic Market?
Thursday, Dec. 16, 2010, 07:00 AM
Auto Remarketing Staff
With the Hispanic shopper demographic becoming increasingly important, it appears one particular group of automakers is having more success than others in reaching these key consumers. So which brands are showing the most strength when it comes to Latino purchasers? According to R. L. Polk & Co., Toyota, Honda and Nissan have been implementing various efforts to specifically […] [Read More]
What Is in Store for the 2011 Auto Industry?
Thursday, Dec. 16, 2010, 06:58 AM
Auto Remarketing Staff
Used-vehicle values are expected to remain robust next year thanks to supply shortage and a rather healthy used market, according to Nagi Palle, OPENLANE’s vice president of analytics.This was just one of trends that Palle is predicting for next year. He touched upon a wide array of topics, including the new-vehicle market, leasing, auctions and customer retention. [Read More]
Automakers Take Home Report Cards Today from TrueCar.com
Wednesday, Dec. 15, 2010, 03:44 PM
Auto Remarketing Staff
Some automakers received an unexpected early holiday present Wednesday in the form of a high grade from TrueCar.com. In releasing scorecards on various automakers and brands today, TrueCar.com reported that some showed strong improvements over October, while for others, it might feel more like receiving a lump of coal. [Read More]
Why Do Consumers Shy Away from Certain Vehicles?
Wednesday, Dec. 15, 2010, 07:00 AM
Auto Remarketing Staff
When it comes to how reliable consumers view certain brands, a slew of Big 3 and import automakers are showing gains from a year ago, J.D. Power and Associates reported Tuesday in its 2010 Avoider Study. The study delved into why shoppers either don’t consider a certain vehicle or why they steer clear of certain models altogether. [Read More]
NADA UCG: Dealers Find Ways to Leverage Consumer Demand for Older Models
Tuesday, Dec. 14, 2010, 07:00 AM
Auto Remarketing Staff
Thanks in large part to the ever-improving quality many brands have shown over the years, dealers are apparently witnessing more of a consumer appetite for older models that traditionally might have been sent to auction. And especially while volumes of late-model vehicles remain down in the lanes, NADA Used Car Guide’s Jonathan Banks says that selling older models is a growing opportunity for dealers. […] [Read More]