Analysis
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]
Hoselton Projects October SAAR Close to 12M; 4Q SAAR Likely to Hit 12.6M
Thursday, Nov. 4, 2010, 05:58 AM
Auto Remarketing Staff
It is likely that October’s new-vehicle sales pace will have been little bit stronger than anticipated, according to KeyBanc Capital Markets senior automotive analyst Brett Hoselton. He said the industry remains on track to reach a fourth-quarter seasonally adjusted annualized rate of 12.6 million units. [Read More]
SEMA Show Honors Best New Models for Accessorizing
Wednesday, Nov. 3, 2010, 03:20 PM
Auto Remarketing Staff
Making its debut at the 2010 SEMA Show was a new award, which spotlighted the new car, truck and SUV that voters found to be best suited for accessorizing. In some good news for domestics, the Big 3 swept the awards, as each of Detroit’s automakers was represented. Winning the award for Hottest Car was […] [Read More]
Polk: Average Length of Used-Vehicle Ownership Reaches New High
Wednesday, Nov. 3, 2010, 02:47 PM
Auto Remarketing Staff
Used-vehicle buyers now are keeping their units longer than ever. That’s the finding Polk shared Wednesday. Polk determined that as of the second quarter of this year, consumers own their used vehicles an average of 46.1 months. It’s a rise from the previous quarter’s reading of 45.9 months. Meanwhile according to Polk’s data that goes […] [Read More]
Edmunds.com: OEMs Reduced October Incentives
Wednesday, Nov. 3, 2010, 02:43 PM
Auto Remarketing Staff
Edmunds.com computed the average incentive handed out by automakers to move units in October was down against both the previous month and the year-ago period. Site analysts estimated Wednesday that the average incentive in the U.S. was $2,498 per vehicle sold in October. They indicated that amount was $61, or 2.4 percent, lower than September […] [Read More]
ALG Offers a Look Into Rocketing Leasing Penetration, Residual Trends and More
Tuesday, Nov. 2, 2010, 06:00 AM
Auto Remarketing Staff
Word on the street is that leasing penetration is soaring, and ALG recently offered some analysis to back this up. Just what did the company discover? Looking at lease penetration, ALG reported it has reached its most robust level in two years during the third quarter and almost surpassed 20 percent. Breaking it down, ALG said mainstream brands […] [Read More]
Consumers Digest Applies New Strategy to Create 2011 Automotive Best Buys List
Tuesday, Nov. 2, 2010, 05:58 AM
Auto Remarketing Staff
Consumers Digest revamped its listing and evaluation process when the publication came up with this year’s Best Buys for new vehicles — 17 of which were not listed a year ago. Magazine officials whittled down more than 250 vehicles from the 2011 model year to 35 vehicles and seven companion models. The publication broadened its […] [Read More]
Consumer Reports Compares Pair of Midsize SUVs; Which One Wins?
Tuesday, Nov. 2, 2010, 05:56 AM
Auto Remarketing Staff
For its December issue, Consumer Reports pitted the redesigned Jeep Grand Cherokee — which is Chrysler’s first post-bankruptcy new-vehicle launch — against the Toyota 4Runner in a comparison test. Which of the midsize SUVs fared better? According to the publication, it gave the Grand Cherokee a “Very Good” score, while the 4Runner received a “Good” score. [Read More]