Analysis
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]
Consumer Reports: Americans’ Economic Difficulties Declining, But Stress Remains High
Wednesday, Oct. 13, 2010, 05:56 AM
Auto Remarketing Staff
In what could be an encouraging sign for dealers looking for sales traction, the October Consumer Reports Index shows some positive developments on several consumer fronts, including an improved retail picture, modest gains in employment and fewer Americans having economic difficulties. To come to that overall picture, Consumer Reports broke down the various components of […] [Read More]
Redesigned Minivan Again Tops KBB Hot Car Report
Tuesday, Oct. 12, 2010, 06:00 AM
Auto Remarketing Staff
Minivans have their stereotypes, but evidently Kelley Blue Book shoppers are flocking to a redesigned version of the large family hauler. For the second week in a row, KBB.com editors found the 2011 Honda Odyssey posted the largest amount of new-vehicle shopper activity. The site’s most recent Hot Car Report indicated the Odyssey led all […] [Read More]
Mercedes-Benz Discovers Consumer Confusion About Alternative-Fuel Vehicles
Monday, Oct. 11, 2010, 07:55 AM
Auto Remarketing Staff
Mercedes-Benz USA recently completed a study with Harris Interactive reinforcing its belief that potential buyers remain unsure about alternative fuel vehicles. The company contends consumers are left asking several questions. Is it a hybrid? Is it electric? Does it take regular gasoline or diesel fuel? The final result — nearly half of survey participants are […] [Read More]
CarGurus Names Low-Mileage Used Models That Provide Best Value
Thursday, Oct. 7, 2010, 06:00 AM
Auto Remarketing Staff
When looking at used vehicles in four segments to find which models with low mileages offer the best deals, CarGurus found that in three of the four classes, the vehicle offering the best value was from a Big 3 brand. Assessing the values through DealFinder, CarGurus listed the following used vehicles from the 2007 through […] [Read More]
Nominations Open for AIADA Dealer Award
Thursday, Oct. 7, 2010, 05:56 AM
Auto Remarketing Staff
The American International Automobile Dealers Association is calling for nominations for its David F. Mungenast Lifetime Achievement Award that annually spotlights an auto industry professional for achieving business success while also being dedicated to his family and community. The winner will be revealed at AIADA’s 41st Annual Meeting and Luncheon, which will be held in […] [Read More]
PPG: Silver Still World’s Top Choice for Car Color
Wednesday, Oct. 6, 2010, 02:55 PM
Auto Remarketing Staff
Silver’s streak of ranking as the world’s most popular choice for vehicle hue has reached 10 years, according to PPG Industries. The last time silver was this common among cars was 1990, according to the company. Silver, gray and charcoal led the way for North America, as well, as they commanded a 31-percent share, climbing from […] [Read More]
Consumers Point to Online Listings as Key Driver to One Dealer Over Another
Tuesday, Oct. 5, 2010, 06:00 AM
Auto Remarketing Staff
Consumers are buying and leasing based on need more than desire these days. Moreover, they also have become less loyal to specific dealers and brands, according to a recent study by Chrome Systems. These were just some of the many findings of the 2010 Chrome Consumer Survey, a study conducted to track how consumers have changed […] [Read More]