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Analysis
Electric Vehicle Tops Latest KBB Hot Car Report
Friday, Nov. 12, 2010, 07:00 AM
Auto Remarketing Staff
An electric vehicle’s sustained performance for weekly shopping activity at Kelley’s Blue Book’s Kbb.com is leaving the model with momentum going into an important West Coast auto show. Leading the way on the most recent Hot Car Report from Kbb.com was the 2011 Nissan LEAF. Site analysts determined among all models, the LEAF’s activity level […] [Read More]
What Do Consumers Want in Future Vehicles?
Friday, Nov. 12, 2010, 06:59 AM
Auto Remarketing Staff
When it comes to how the vehicles of tomorrow are designed, consumers are most concerned with attributes regarding unintended acceleration and fuel economy improvement, according to RDA Group’s 2010 Auto-Ideation Study. The study, which was unveiled this week, delves into the top 500 needs consumers want automakers to handle as they build future vehicles. [Read More]
CNW: Lease Penetration Rises
Thursday, Nov. 11, 2010, 07:00 AM
Auto Remarketing Editor Joe Overby
During October, the proportion of vehicle transactions that were leases climbed to more than 27 percent, according to CNW Market Research, which said the automaker leading the way as far as leasing penetration upswings was Toyota Leases commanded 27.6 percent of the market in October, compared with 26.9 percent in September. Meanwhile, 6.6 percent of transactions were cash […] [Read More]
Chrysler, Ford Urge Lawmakers to Amend U.S.-Korea Free Trade Agreement
Thursday, Nov. 11, 2010, 06:58 AM
Nick Zulovich
As Chrysler officials reported gains in third-quarter operating profit, the domestic automaker joined Ford Wednesday in denouncing the passage of a free trade agreement between the U.S. and Korea as it was written back in 2007. Both companies described Korea as one of the most closed automotive markets in the world. And both Chrysler and […] [Read More]
AOL Autos Announces Best November Deals
Wednesday, Nov. 10, 2010, 05:57 PM
Auto Remarketing Staff
AOL Autos recently unveiled its list of what it considers to be the 20 best deals for November. The site broke it down by vehicle segment, spotlighting models in the following classes: SUVs, pickups, compact cars, fashion statement vehicles and midsize cars. SUVs Ford Explorer [Read More]
NADA Used Car Guide Spots “Dichotomy” in Used-Vehicle Market
Wednesday, Nov. 10, 2010, 05:15 PM
Auto Remarketing Editor Joe Overby
In light of the disparity found when comparing economic optimism within the “business side” of things to the level of optimism (or lack thereof) among consumers, NADA Used Car Guide executive automotive analyst Jonathan Banks suggested that the used-vehicle market is experiencing somewhat of a “dichotomy.” [Read More]
AutoTrader: CPO Average Asking Prices Reverse in October
Wednesday, Nov. 10, 2010, 04:33 PM
Auto Remarketing Staff
Supporting the strong October sales performance previously revealed by Autodata, analysts from AutoTrader.com indicated Wednesday that the average asking prices for certified pre-owned vehicles showed significant improvement. As opposed to September, when prices dipped for 15 out of 20 most-searched CPO vehicles on a year-over-year comparison, the site determined prices increased for 14 of the […] [Read More]
Walker Culls Out Key 2010 Used Vehicle Market Report Facts for Dealer Attendees
Wednesday, Nov. 10, 2010, 02:32 PM
Auto Group Editor Jennifer Reed
One of the key presentations at the CPO Forum earlier this week was with Arianne Walker, of J.D. Power and Associates, who discussed her company’s 2010 Used Vehicle Market. She told the many dealers and other industry executives in attendance that the new-vehicle and used-vehicle markets are closely tied together. As the new-vehicle market has […] [Read More]
Edmunds.com Explores Consumers’ “Range Anxiety” of Electric Vehicles
Tuesday, Nov. 9, 2010, 06:58 AM
Auto Remarketing Staff
Edmunds.com recently conducted its own testing of electric vehicles to mimic a condition consumers might feel called “range anxiety.” The site described the situation as the fear some drivers supposedly have about driving an electric vehicle and ending up stranded with a dead battery. Analysts wanted to know what this condition could mean as more […] [Read More]
AJAC Unveils Winners in Its Canadian Car of Year Program
Friday, Nov. 5, 2010, 03:19 PM
Auto Remarketing Staff
The Automobile Journalists Association of Canada recently unveiled the list of 11 new-vehicle segment winners that will be up for the 2011 Canadian Car of the Year or 2011 Canadian Utility Vehicle of the Year honors. AJAC revealed its “Best New” winners in each of the respective segments after the four-day “TestFest,” in which 70 […] [Read More]