IRVINE, Calif. — The brands seeing the biggest upswing in owner loyalty during the initial aftermath of the Toyota recalls are Korean and Big 3 automakers, according to Kelley Blue Book's Kbb.com, which also pointed out that brand consideration and loyalty for Toyota has eroded. More specifically, Kia and Hyundai appear to show the steepest upward movement. […] [Read More]

CARY, N.C. — Fueling the greatest story interest this past week on AutoRemarketing.com was news about a federal government probe along with the latest comments from Toyota president Akio Toyoda about the ongoing recalls of several models. Readers also were drawn to analysis about which brands could benefit most from Toyota's struggles. The top five stories […] [Read More]

INDIANAPOLIS — All Things Automotive recently announced its debut as a franchise opportunity for dealers to sell certified vehicles and offer service and parts. This new offering is particularly geared for former Saturn dealers. Essentially, these stores can become one-stop shops for sales, service and parts. "This franchise combines the sale of certified vehicles with aftermarket-competitive services […] [Read More]

LONDON — Analysts from automotive research firm Frost & Sullivan projected Toyota's repair costs for ongoing recalls could reach $1.5 billion compounding yet-to-be determined market share losses. Vigneshwaran Chandran, Frost & Sullivan's program manager of its business strategy and innovation group, went on to pinpoint what element of the Toyota turmoil could be most costly. "One […] [Read More]

CARY, N.C. — The last of three Cherokee Automotive Group Analytics' surveys will conclude at the end of February. The surveys gather much-needed research data and trends for the remarketing, prime and subprime industries. The findings are compiled into a report and provided at no cost to survey participants. CAGA's first two reports covered both remarketing […] [Read More]

TOKYO — Speaking out in response to the National Highway Traffic Safety Administration's probe into three of his company's recalls and the situation in general, Akio Toyoda alluded to the fact that the quality issues came from Toyota's rapid growth in manufacturing and marketing. In fact, in a press conference today the Toyota Motor Corp. president announced he is […] [Read More]

ATLANTA — Used retail prices continued to surge in January, according to AutoTrader.com, which said that 18 of the top 20 most searched-for used units on the site saw their average prices increase from the year-ago period.  Moreover, 12 of the 20 most popular used vehicles on AutoTrader.com showed double-digit price gains from the prior year. […] [Read More]

SANTA MONICA, Calif. — In the February TrueTrends data from TrueCar, the company touched upon a wide array of industry topics, but one of the key features this month was the Toyota recall and how other automakers may have gained from Toyota's troubles. Apparently, almost all models that can be considered in Corolla's competitive set gained more […] [Read More]

SAN FRANCISCO and CAMBRIDGE, Mass. — In the wake of widespread recalls by Toyota, consumers have become much more apt to consider rival brands, especially those from domestic automakers. And it appears the two brands gaining the most interest at Toyota's expense are Chevrolet and Ford. In fact, a recent Jumpstart Automotive Media survey indicates that […] [Read More]

ORLANDO, Fla. — Increased credit availability and an upswing in consumer confidence stemming from higher employment levels will likely help push full-year 2010 light-vehicle sales to almost 12 million units, said Paul Taylor, the National Automobile Dealers Association's chief economist, during a speech at the association's annual conference and expo this past weekend in Orlando, Fla. Taylor […] [Read More]