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Analysis
J.D. Power: Sept. SAAR to Reach Best Level in More Than Two Years
Friday, Sep. 24, 2010, 05:56 AM
Auto Remarketing Staff
The seasonally adjusted annualized rate for new-vehicle retail sales for September is likely to reach a more-than-two-year high — not counting August 2009, when sales were lifted by CARS — and it appears that shoppers were putting off purchases at the end of last month, thus leading to a “vigorous start” this month, according to J.D. Power […] [Read More]
TrueCar Projects New-Vehicle Sales Drop Is Likely to Break with Tradition
Thursday, Sep. 23, 2010, 05:59 AM
Auto Remarketing Staff
Used-vehicle sales are expected to remain relatively static on a year-over-year basis for September, but fall double-digits from August, according to TrueCar.com. On the new-vehicle side of the market, though, sales look to be down 5 percent month-over-month (unadjusted). However, this decline is much slower than the usual August-to-September dip, something that TrueCar vice president […] [Read More]
Interest in Compacts Up Sharply; Will Sales Follow?
Wednesday, Sep. 22, 2010, 05:58 AM
Auto Remarketing
The compact car segment has shown significant growth in terms of online shopper interest over the spring and summer, but this hasn’t translated into higher sales, according to Jumpstart Automotive Group. The company suggested that this trend points to pent-up demand for compacts, meaning end-of-year sales could be strong for this segment. More specifically, the […] [Read More]
LeaseTrader.com: Women Dominate Luxury Market
Wednesday, Sep. 22, 2010, 05:54 AM
Auto Remarketing
Move over, fellas. When it comes to the under-30 crowd, the luxury market is seeing a greater number of female drivers than males, according to LeaseTrader.com. In fact, more than half (about 51.2 percent) of females younger than 30 who use the site have a luxury ride. Five years ago, just 42.6 percent could […] [Read More]
Vehicle Thefts Show Sixth Consecutive Annual Drop
Tuesday, Sep. 21, 2010, 08:16 AM
Auto Remarketing
The National Insurance Crime Bureau’s theft study discovered the 10 most stolen vehicles throughout the nation. The Hot Wheels 2010 study identified the following vehicles as the most often stolen: 1. 1994 Honda Accord 2. 1995 Honda Civic 3. 1991 Toyota Camry 4. 1997 Ford F-150 Pickup 5. 2004 […] [Read More]
DSC of Indiana to Introduce New Employee Training Platform
Tuesday, Sep. 21, 2010, 08:15 AM
Auto Remarketing
Dealer Services Corp. of Indiana announced it has selected Learn.com to deliver and track employee training. The company points to this new platform as one of its latest investments designed to enhance customer service. [Read More]
Polk Taps New President
Tuesday, Sep. 21, 2010, 08:09 AM
Auto Remarketing
R. L. Polk & Co. revealed Monday who will become its new president effective Oct. 4. Taking on the position is Tim Rogers, who will lead Polk’s overall business objectives, policies and strategic direction. Rogers comes over to Polk after a 29-year tenure with Maritz, a leading marketing services company. During that time, […] [Read More]
KBB Sees Strong Hybrid Growth in Used Market
Monday, Sep. 20, 2010, 07:55 AM
Auto Remarketing
Consumers seem to be noticing the availability of used hybrid SUVs and hybrid crossovers and apparently have found them to be attractive options, as these two segments were among the biggest gainers during August in terms of used-car shopping activity growth on Kbb.com, according to Kelley Blue Book’s inaugural Hot Used-Car Report. In fact, hybrid SUVs […] [Read More]
Autobytel Acquires Two Purchase-Request Sellers
Monday, Sep. 20, 2010, 07:54 AM
Auto Remarketing
Autobytel said late last week that it has purchased Cyber Ventures and Autotropolis, which are two co-owned companies out of Tampa., Fla., that produce and sell auto shoppers’ purchase requests by utilizing proprietary content and search-marketing capabilities. Autobytel’s leadership expects the acquisition could provide as much as a 150-percent lift in internally generated purchase requests […] [Read More]
Top Stories of the Week at AutoRemarketing.com
Friday, Sep. 17, 2010, 05:57 AM
Auto Remarketing
A regular feature long-time readers of AutoRemarketing.com have come to expect led the way in interest this past week as the site reported automakers' monthly certified pre-owned sales performances. Also catching readers' attention was news about Cox picking a new director of vehicle operations. The top five stories from AutoRemarketing.com this week are: 1. Year-to-Date […] [Read More]