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Analysis
TrueCar to Debut Used-Car Price Index
Wednesday, Oct. 27, 2010, 05:58 AM
Auto Remarketing Staff
TrueCar said Tuesday that it will soon roll out a used-vehicle pricing index that it contends can provide a precise picture of used-vehicle asking price trends and actually help dealers sell these vehicles quicker. [Read More]
Edmunds.com Says Certified Programs Are Booming and Helping Used-Car Prices
Thursday, Oct. 21, 2010, 06:00 AM
Auto Remarketing Staff
Certified pre-owned vehicles are commanding a greater share of dealers’ used-car sales than they were a year ago, and this trend has helped to push up overall used prices, according to Edmunds.com. In fact, the company said CPO programs are booming and driving up used-vehicle prices. [Read More]
NAAA to Host Webinar Next Month Tackling Future of Economy, Industry
Thursday, Oct. 21, 2010, 05:56 AM
Auto Remarketing Staff
The National Auto Auction Association is hosting a Webinar next month that will delve into what the economy as well as the overall auto and auto auction industries may have in store during the next two years. “The Business Environment in 2011 and 2012” online seminar will be held from 2 p.m. (EST) to 3 […] [Read More]
Scion Reveals Winning Military Teams in Vehicle-Customization Contest
Thursday, Oct. 21, 2010, 05:55 AM
Auto Remarketing Staff
Scion unveiled the winners of its “Scion Battle of the Builds” contest where teams composed of active members of the military competed to craft the best custom-designed Scion xB. Taking the top spot as the grand prize winner of $14,000 was “The Salty Dogs,” a team that hails from Naval Station Mayport in Florida. This group of […] [Read More]
Motor Trend Reveals Sport Utility of the Year
Wednesday, Oct. 20, 2010, 03:35 PM
Auto Remarketing Staff
The 2011 Motor Trend Sport Utility of the Year winner was unveiled Tuesday on Facebook, and taking this year’s honor was the Porsche Cayenne. Motor Trend said it has not done an award announcement through Facebook before, and doing so was part of its multimedia strategy. [Read More]
Voting Commences for Cars.com Shoppers’ Choice Award
Wednesday, Oct. 20, 2010, 02:54 PM
Auto Remarketing Staff
Cars.com said this week that it has kicked off the voting process for its inaugural Shoppers’ Choice Award, which allows consumers to choose from 10 finalists. These finalists have generated the most searches and dealer inquiries while also garnering the strongest ratings and reviews from consumers, Cars.com explained. [Read More]
Which Vehicles Are Discounted Most?
Tuesday, Oct. 19, 2010, 05:57 AM
Auto Remarketing Staff
When it comes to new vehicles from model-year 2010, the top three brands for heaviest discounts all belong to the Ford family, according to TrueCar.com. What’s more, the website said in its latest TrueTrends Reports that the top four individual 2010 models for strongest discounts were all from Ford brands, as well. [Read More]
ADESA, NADA University Offer Free Seminar This Week
Monday, Oct. 18, 2010, 07:55 AM
Auto Remarketing Staff
ADESA and NADA University are teaming up for a free educational seminar this week that will tackle market trends and new mobile technology while offering some creative used-car business tactics. The second Industry Insight seminar (the first was in September at ADESA Dallas) is slated for 1 p.m. (PST) Thursday at ADESA Golden Gate. [Read More]
Which Vehicles are Best of the Best Finalists?
Friday, Oct. 15, 2010, 02:43 PM
Auto Remarketing Staff
On Thursday, the Canadian Automotive Jury released the list of 12 vehicles that will vie to be the 2011 Best of the Best Winner. Leading the 2011 Best of Best Finalists are models from European automakers, which comprise five spots on the list. The Big 3 was represented with four vehicles, while Korean brands accounted […] [Read More]
Used Prices Climb, CPO Prices Slide
Wednesday, Oct. 13, 2010, 03:19 PM
Auto Remarketing Staff
Although asking prices for the most popular used vehicles tended to trend upward in September, the same could not be said for the certified pre-owned segment, according to AutoTrader.com. In fact, most models that made AutoTrader.com’s list of the most popular certified rides had smaller asking prices than they did in September 2009. Before this point, […] [Read More]