Used-car retail prices get some relief, but supply challenges persist
Tuesday, Jan. 28, 2025, 02:58 PM
Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability
Friday, Jan. 24, 2025, 02:49 PM
Reports: Dealership profits will fall, but dealers still optimistic about 2025
Friday, Jan. 24, 2025, 11:42 AM
Analysis
GM Names New VP of U.S. Marketing, More
Wednesday, Jan. 19, 2011, 06:59 AM
Auto Remarketing Staff
On Tuesday, General Motors announced several leadership changes in its U.S. marketing operations that will become effective Feb. 1. As part of the moves, Chris Perry has been appointed vice president of U.S. marketing, replacing Joel Ewanick. Perry will report to Ewanick, who was named global chief marketing officer on Dec. 17. Perry, 50, […] [Read More]
What Are the Most Ideal Car-Shopping Days This Month?
Wednesday, Jan. 19, 2011, 06:56 AM
Auto Remarketing Staff
The tail-end of the month could be a boon for auto dealers should consumers respond to what TrueCar.com has called the most ideal days to make a vehicle purchase in January. TrueCar projects that Jan. 31 will have the month’s strongest discounts off MSRP, with possible price reductions at 8.03 percent. Mere inches behind is […] [Read More]
CNW: Used Sales Off to Quick Start in 2011
Tuesday, Jan. 18, 2011, 07:00 AM
Auto Remarketing Editor Joe Overby
The used-vehicle market in January has been more robust year-over-year across the board, and overall used sales in the U.S. are expected to improve more than 3 percent from the first month of 2010, according to CNW Research. Specifically, the market is projected to move more than 1.95 million used vehicles during the month, up […] [Read More]
Deloitte: Generation Y Is Key for Auto Recovery
Monday, Jan. 17, 2011, 09:00 AM
Auto Remarketing Staff
They exhibit more enthusiasm toward car shopping than their Generation X and baby boomer counterparts and show great loyalty to automotive brands. However, they often show apprehension about visiting dealers, and if treated poorly by a salesperson, Generation Y shoppers are also quick to turn away. And more importantly, a year from now, they will likely […] [Read More]
KBB Culls Out Trends in Residual Values
Friday, Jan. 14, 2011, 06:58 AM
Auto Remarketing Editor Joe Overby
Despite a slowdown in values during the final six months of 2010, full-year used-vehicle prices fell less than 3 percent and finished the year with a relatively steady month, according to Kelley Blue Book. Not only that, but retained value comparisons for full-year 2010 showed improvement yet again, the company said in the latest Blue Book […] [Read More]
Polk Says Consumer Loyalty Remains Strong, But Which Automaker Took Top Honors?
Wednesday, Jan. 12, 2011, 04:18 PM
Auto Remarketing Staff
Which automaker was a big winner at Tuesday night’s Polk Automotive Loyalty Awards? The answer is Ford. The automaker was recognized in several categories. Specifically, the automaker was honored with the Overall Loyalty to Manufacturer award and received recognition in the Overall Loyalty to Make and Ethnic Market Make — African-American categories. The Ford F-Series was a repeat winner in […] [Read More]
Cars.com Unveils Its Selection for Best Vehicle of 2011
Wednesday, Jan. 12, 2011, 03:42 PM
Auto Remarketing Staff
Cars.com editors decided this week that their selection among six nominations for the Best of 2011 Award is the 2011 Kia Optima. The site tapped the Kia model over the 2011 BMW 5 Series, the 2011 Chevrolet Cruze, the 2011 Chevrolet Volt, the 2011 Honda Odyssey and the 2011 Nissan LEAF. However, two of those units still […] [Read More]
NADA UCG: Higher Gas Prices Likely to Impact Used-Vehicle Market
Wednesday, Jan. 12, 2011, 07:00 AM
Nick Zulovich
Jonathan Banks, executive automotive analyst for NADA Used Car Guide, took a cautious approach not only looking at where new-vehicle sales could head in 2011 but also as to how high fuel prices could climb this year. At the outset of his first industry update for the year, Banks reiterated 2010’s new-vehicle sales total, which […] [Read More]
Chevrolet, Ford Claim North American Car & Truck of the Year Honors
Tuesday, Jan. 11, 2011, 06:55 AM
Auto Remarketing Staff
Ford swept these honors last year, but Chevrolet muscled in and took one of the accolades Monday from the North American Car of the Year Organizing Committee. Continuing the positive momentum for these domestic automakers, the committee tapped the Chevrolet Volt as the 2011 North American Car of the Year and then went with the […] [Read More]
Edmunds.com Awards Variety of 2011 Models for Style & Technology
Monday, Jan. 10, 2011, 08:55 AM
Auto Remarketing Staff
Seven models — three domestic and four foreign — were honored for visual appeal, features, technology and more late last week by Edmunds.com in connection with its sister website InsideLine.com. Among those picked as the 2011 Editors Most Wanted Awards were a trio of vehicles made by members of the Big 3: the Cadillac CTS-V Wagon, […] [Read More]