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Analysis
J.D. Power: September New-Car Sales Weaker than Expected, but Still Likely to Beat August
Friday, Oct. 1, 2010, 05:58 AM
Auto Remarketing Staff
Although there has been some slowdown in the last week of September from the rapid new-vehicle retail sales that opened the month — leading to what’s projected to be a softer-than-predicted seasonally adjusted annualized rate — the market is becoming healthier and still making strides, according to J.D. Power and Associates. Specifically, the SAAR for new-vehicle retail […] [Read More]
13 Chrysler Plant Workers Recently Fired
Thursday, Sep. 30, 2010, 05:57 AM
Auto Remarketing Staff
After a Detroit Fox affiliate news station caught several Jefferson North Assembly Plant workers drinking and displaying “inappropriate conduct” during their lunch break, Chrysler reviewed the evidence and ultimately fired 13 workers. “Chrysler Group has completed its investigation of the Jefferson North employees recently suspended for inappropriate conduct during their lunch period,” Chrysler said in […] [Read More]
What Drives Consumers Toward Certain Models?
Thursday, Sep. 30, 2010, 05:55 AM
Auto Remarketing Staff
Given a choice of five factors, 37 percent of consumers indicated that their decision to buy a vehicle was most heavily affected by the model’s quality, a recent CarMax survey released. The poll, done via telephone, posed the following question to respondents: “Which of the following factors most influences your car-buying decision?” [Read More]
Which New Models Are Currently the Best Deals?
Wednesday, Sep. 29, 2010, 04:57 PM
Auto Remarketing Staff
With TrueCar.com analysts believing the best day in September to purchase a new-vehicle is Thursday, they rattled off more than 10 models with double-digit discounts. Leading the way on this list with the greatest incentive and rebate package to reduce the MSRP is the 2010 Chevrolet Cobalt. Incentives reduce the vehicle price by 24 percent […] [Read More]
Subaru Recognized Again as Adoption-Friendly Company
Wednesday, Sep. 29, 2010, 04:56 PM
Auto Remarketing Staff
Subaru of America says it has worked hard to build a reputation for generous adoption assistance for its employees. As a result for the second year in a row, Subaru learned this week it was ranked No. 1 in the auto industry on the list of Best Adoption-Friendly Workplaces in America issued by the Dave Thomas Foundation […] [Read More]
AOL Autos Names Best Used SUV Bargains Under $5,000
Wednesday, Sep. 29, 2010, 03:59 PM
Auto Remarketing Staff
As gas prices have become more manageable, the popularity of SUVs — which contracted in the fuel-cost spike of 2008 — has returned to strong levels; however this comes with a caveat: Consumers are heading to the used side of the SUV market, shared Chris Shunk of AOL Autos. With this in mind, AOL Autos released of list […] [Read More]
Contenders for 2011 North American Car of Year Awards Revealed
Tuesday, Sep. 28, 2010, 05:54 AM
Auto Remarketing Staff
The group of 14 models vying for 2011 North American Car of the Year honors was revealed Friday, and leading the pack were General Motors and Nissan, each of which were represented by three contenders on the car list. There were 27 new cars that were eligible for the honors and jurors trimmed that down […] [Read More]
NAAA: Economic Conditions to be Ripe for 13.5M New-Vehicle Sales in 2011
Monday, Sep. 27, 2010, 02:31 PM
Auto Remarketing Editor Joe Overby
The rebound in gross domestic product has tapered off as of late, but the economy and GDP will likely make the improvements needed for there to be roughly 11.5 million new vehicles sold for full-year 2010 and about 13.5 million for 2011, according to the National Auto Auction Association’s Auction Industry Report. NAAA economist Ira […] [Read More]
CNW: Annual Used Sales Likely Won’t Surpass 38M Units
Friday, Sep. 24, 2010, 06:00 AM
Auto Remarketing Editor Joe Overby
Though September used-vehicle sales for franchise and independent dealers are likely to climb modestly year-over-year, there will likely be a close to a 4-percent decline in overall used sales, according to CNW Research. Not to mention, projections for full-year 2010 aren’t as favorable as some initial expectations. Specifically, there will likely be 3.15 million used […] [Read More]
MSN Autos Reveals Best-Selling CPO Rides
Friday, Sep. 24, 2010, 05:57 AM
Auto Remarketing Staff
In a recent report discussing the certified pre-owned segment’s emergence as a viable option in the auto marketplace, MSN Autos revealed the top-10 best selling CPO models for the first half of 2010, and offered a bit of commentary on each vehicle. So which model topped the list? According to the report, the No. 1 […] [Read More]