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Analysis
AutoRemarketing.com’s Top Weekly Stories
Friday, May. 14, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — The leading story this past week at AutoRemarketing.com shared a lengthy analysis from KAR Auction Services' Jim Hallett that not only discussed his company's quarterly performance, but also examined the entire industry. Also stirring plenty of interest was a story that delved into Kelley Blue Book's Automotive Brand Indicator. The top five stories from AutoRemarketing.com this […] [Read More]
AutoTrader.com Spots Multiple CPO, Used Model Price Increases
Thursday, May. 13, 2010, 02:00 AM
Auto Remarketing
ATLANTA — Certified pre-owned and used models have picked up considerable retail price momentum. That's according to AutoTrader.com's Trend Engine Report for May, which tracked and revealed price movements that occurred in April. The vehicle whose CPO price jumped the most was for the Ford F-150. Year-over-year price comparisons for this truck are up 35.7 percent. Another vehicle from […] [Read More]
TrueCar Study Reveals Auto Brands with Youngest Customers
Thursday, May. 13, 2010, 01:57 AM
Auto Remarketing
SANTA MONICA, Calif. — Which auto brand has the youngest buyers? According to a TrueCar.com study released this week, it is Mitsubishi, followed closely by Mazda and Volkswagen, respectively. TrueCar.com indicated that 18.3 percent of Mitsubishi buyers were between the ages of 18 and 34, which tops the industry. Meanwhile, 18 percent of Mazda's customers and […] [Read More]
DCH Auto Group Raises Awareness on Teen Driving Safety
Wednesday, May. 12, 2010, 11:57 AM
Auto Remarketing
SOUTH AMBOY, N.J. — With May being National Youth Traffic Safety Month, DCH Auto Group is putting a major emphasis this month on helping to keep teen drivers safe on the roads. It is providing free vehicle safety inspections in May for any vehicle driven by a teenager, and is also offering a series of driving […] [Read More]
NADAguides.com Announces Best Incentives, Rebates; Car of the Month Unveiled
Wednesday, May. 12, 2010, 01:56 AM
Auto Remarketing
COSTA MESA, Calif. — Automakers have rolled out unprecedented incentives and rebates this month, according to NADAguides.com, which recently released what it considers to be the top deals for May. The site said the "standouts" for the month are Chevrolet, Ford, Honda and Toyota. Chevrolet, for example, is providing customers with $6,500 cash back when they […] [Read More]
Ram Truck Brand, Dealers Kick Off Campaign to Honor Troops
Monday, May. 10, 2010, 03:54 AM
Auto Remarketing
ATLANTA — The Ram Truck Brand joined up with country music act Zac Brown Band late last week to kick off a national letter-writing campaign targeted to U.S. soldiers. The campaign, "Letters for Lyrics," has the goal of sending 1 million letters to troops deployed around the world. In exchange for writing a letter to a […] [Read More]
Which Auto Make Has Highest Brand Strength?
Friday, May. 7, 2010, 01:59 AM
Auto Remarketing
IRVINE, Calif. — Toyota has apparently been knocked off the top of Kelley Blue Book's Automotive Brand Indicator, which gauges brand strength based on a number of consumer perception- and behavior-related factors. Coming in at No. 1 for the first quarter of 2010 is Ford, the "darling of the industry," as a KBB executive put it. Toyota has […] [Read More]
Top Stories of the Week at AutoRemarketing.com
Friday, May. 7, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — Whether or not they were from a franchise store for that domestic automaker, readers went to AutoRemarketing.com to learn the latest about Chrysler dealer arbitration. News about dealer litigation in Canada also drew plenty of interest this past week. The top five stories from AutoRemarketing.com this week are: 1. Chrysler Says It's Successful in […] [Read More]
How Has the ’09 Turmoil Impacted the Auto Industry?
Thursday, May. 6, 2010, 02:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Experian Automotive attempted to look beyond the major industry headlines of 2009 such as automaker bankruptcies and Cash for Clunkers and share other intriguing trends coming to the forefront. A topic that kept returning by Webinar presenter Jeffrey Anderson was how much CUVs have taken hold in the market. Anderson indicated that the […] [Read More]
Which States Have Highest Five-Year Ownership Costs?
Thursday, May. 6, 2010, 01:59 AM
Auto Remarketing
SANTA MONICA, Calif. — The cost to own a vehicle can vary greatly from state to state, sometimes by more than $10,000 over five years for the exact same vehicle, according to Edmunds.com, which recently investigated how expensive it is to own vehicles in specific states. Edmunds.com research indicated that the state with the highest average five-year […] [Read More]