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COMMENTARY: An end of the month gross profit reckoning in used vehicles?
Tuesday, Sep. 3, 2024, 04:05 PM
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Haig Report: Dealership profits, values, buy-sell activity declining but still strong
Tuesday, Sep. 3, 2024, 03:50 PM
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Black Book promotes data scientist to director role
Tuesday, Sep. 3, 2024, 12:27 PM
Analysis
NHTSA: National Academy of Sciences, NASA to Investigate Unintended Acceleration
Wednesday, Mar. 31, 2010, 02:00 AM
Auto Remarketing
WASHINGTON — On Tuesday, U.S. Transportation Secretary Ray LaHood announced that the National Academy of Sciences and NASA will both delve into the issue of unintended acceleration to see if they can find the root of the cause. The total expected cost of the studies? LaHood anticipates it will be $3 million. The National Academy of […] [Read More]
Polk: Scrappage Rate, Average Vehicle Age Climb
Wednesday, Mar. 31, 2010, 01:59 AM
Auto Remarketing
SOUTHFIELD, Mich. — In a recent 15-month period examined by R.L. Polk & Co. analysts found that there were significantly more vehicles scrapped than added to the roads. The Cash for Clunkers program — which occurred during the period of Polk's study — accounted for "thousands" of the scrapped units, officials said. More specifically, Polk found during its analysis of […] [Read More]
Jumpstart Automotive Group Names New CEO
Tuesday, Mar. 30, 2010, 01:54 AM
Auto Remarketing
NEW YORK — Jumpstart Automotive Group, which produces industry publications such as Car and Driver and Road & Track has a new chief executive officer. Being tapped for the CEO role by parent company Hachette Filipacchi Media U.S. is Nicholas Matarazzo, an executive who is returning to the company. During his first stint with the organization, […] [Read More]
Cars.com Says Toyotas Show Dwindling Consumer Interest
Monday, Mar. 29, 2010, 03:57 AM
Auto Remarketing
CHICAGO — Cars.com officials cited ongoing negative publicity surrounding Toyota recalls as the primary reason the automaker's units are dropping in popularity on the Web site. In fact, the site found that the Toyota Camry — which once owned its largest share of consumer contacts to dealers among midsize sedans during the height of Cash for Clunkers — […] [Read More]
Blue Ribbon Panel Examines Potential Impact of NUMMI Shutdown
Monday, Mar. 29, 2010, 03:56 AM
Auto Remarketing
SAN FRANCISCO — State Treasurer Bill Lockyer brought together a panel of fellow California leaders last week in San Francisco for a public hearing to investigate the potential impact of Toyota's plans to shut down its New United Motor Manufacturing Inc. vehicle plant in Freemont, Calif. The panel collected information and heard testimony from a variety […] [Read More]
CNW: Key Market Demographic Shows Surge in Shopping Interest
Friday, Mar. 26, 2010, 02:00 AM
Auto Remarketing Editor Joe Overby
BANDON, Ore. — The success of the auto sales recovery may hinge on the re-emergence of one pivotal group of vehicle shoppers that went into a "recession hibernation" during 2009, according to CNW Research. Who holds the keys to a market rebound? Why it's women, of course, according to CNW. So it's good news for the industry […] [Read More]
KBB Announces 2010 Brand Image Awards
Friday, Mar. 26, 2010, 01:59 AM
Auto Remarketing
IRVINE, Calif. — On Thursday, Kelley Blue Book rolled out its 2010 Brand Image Awards, which honor the brands that consumers perceive to be the best when it comes to certain qualities or attributes — such as comfort, performance, family-friendliness and prestige, just to name few categories. The awards, which are in their third year, honor automakers […] [Read More]
Top Stories of the Week at AutoRemarketing.com
Friday, Mar. 26, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — Bringing in thousands of readers to AutoRemarketing.com this past week were details about the J.D. Power and Associates 2010 U.S. Vehicle Dependability Study. An analysis by AAA about what vehicles are best for commuters also drew strong interest. The top five stories from AutoRemarketing.com this week are: 1. Which Auto Brands Are Most […] [Read More]
Edmunds: Heavy March Incentives, Lease Deals Spur Auto Sales
Thursday, Mar. 25, 2010, 01:57 AM
Auto Remarketing
SANTA MONICA, Calif. — March auto sales will likely be lifted by the significant lease and low-interest finance offers that automakers have rolled out in droves, according to Edmunds.com. In fact, March is projected to have heavier incentive spending that either of the first two months of the year, officials noted. "Many of the major automakers […] [Read More]
Ram Truck Brand Unveils Broad Marketing Campaign
Thursday, Mar. 25, 2010, 01:56 AM
Auto Remarketing
AUBURN HILLS, Mich. — In an effort to help dealers cultivate an image separate from the Dodge Brand, Ram Truck is launching its new marketing and advertising campaign on a variety of platforms. The goal is to capture more market share for its 2010 Ram Heavy Duty. Brand executives believe this strategy can connect the Ram […] [Read More]