Analysis
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]
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]