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Cars.com recognizes success in consumer reviews with Dealer of the Year Awards
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Retail
Chrysler Boosts Reimbursement for Adaptive Equipment
Monday, Feb. 14, 2011, 08:56 AM
Auto Remarketing Staff
As part of its Automobility program to help customers with special needs, Chrysler has upped the reimbursement for the installation of adaptive driver or passenger equipment to $1,000 across its lineup. Now, owners of all eligible Chrysler, Jeep, Dodge and Ram vehicles who have special needs can receive up to a $1,000 reimbursement for converting […] [Read More]
Subaru’s “Share the Love” Fundraiser Hits Maximum Donation Level Again
Monday, Feb. 14, 2011, 08:55 AM
Auto Remarketing Staff
As the automaker posted another record sales performance, Subaru of America revealed last week how much money went to five charities during its third annual “Share the Love” event. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; […] [Read More]
Mercedes-Benz Canada Breaks Ground on New Vancouver Dealership
Friday, Feb. 11, 2011, 04:06 PM
Auto Remarketing Staff
With the dealership outgrowing its former location, Mercedes-Benz Canada announced it has broken ground on a brand-new building for its landmark Vancouver dealership this week. The new facility will be located downtown and will be situated on 3 acres of land. “With more than a decade of compounded sales growth, and a finite amount of space, Mercedes-Benz Vancouver has […] [Read More]
CPO Sales Get Big 2011 Start, Several Brands Post Records
Friday, Feb. 11, 2011, 07:00 AM
Auto Remarketing Editor Joe Overby
The first month of 2011 may have brought massive winter storms to much of the U.S., along with a sequential decline in the certified pre-owned industry, but that didn’t keep a slew of brands from experiencing their best-ever respective Januaries on record. Furthermore, certified sales — though softer from December — climbed double digits from January 2010, […] [Read More]
Asbury Reveals New CEO
Friday, Feb. 11, 2011, 06:58 AM
Auto Remarketing Staff
With president and chief executive officer Charles Oglesby set to retire this summer, Asbury Automotive Group unveiled its revamped leadership structure on Thursday, revealing its new president and CEO while also announcing the role in which Oglesby will serve until he steps down from the company July 31. Asbury’s president and CEO is now Craig […] [Read More]
Group 1 Notches Strong 4Q Growth
Friday, Feb. 11, 2011, 06:57 AM
Auto Remarketing Staff
In a period where the company achieved new and used sales gains that bested the industry average, Group 1 Automotive reported significant growth in its earnings and revenue to wrap up a successful year. Specifically, adjusted net income during the fourth quarter came in at $14.7 million, up 43.4 percent year-over-year. Meanwhile, net income on a GAAP basis […] [Read More]
Acura’s VP of Sales Touts 2010 Performance During 2012 TL Unveiling
Friday, Feb. 11, 2011, 06:56 AM
Nick Zulovich
While rolling out the 2012 Acura TL this week at the Chicago Auto Show, the brand’s vice president of sales highlighted how Acura has now enjoyed 12 straight months of double-digit year-over-year sales increases. Jeff Conrad also mentioned Acura finished 2010 with a 27-percent sales increase and he thinks he knows the reasons why the […] [Read More]
GM’s “Main Street in Motion” Campaign Lets Drivers Compare More than 70 Models
Friday, Feb. 11, 2011, 06:54 AM
Auto Remarketing Staff
General Motors believes its popular models can contend against any unit from its domestic and foreign competition so it’s launching its “Main Street in Motion” campaign to prove it. The automaker is holding the campaign’s first stop at Disney’s Epcot Center in Orlando, Fla., beginning today and running through Sunday. The company says this one-of-a-kind […] [Read More]
Toyota Hits 3 Millionth CPO Sales Milestone
Thursday, Feb. 10, 2011, 07:00 AM
Auto Remarketing Editor Joe Overby
Toyota Motor Sales, USA commemorated a major certified pre-owned milestone on Wednesday at its Chicago Auto Show exhibit. The company honored its 3 millionth CPO customer — Chicago resident Sara Hirschhorn — by giving her a $22,470 reimbursement check for the 2008 certified Toyota Sienna she bought. The model represented the 3 millionth CPO ride […] [Read More]
Ford Hosts New Adventure-Themed Campaign to Promote Explorer
Thursday, Feb. 10, 2011, 06:54 AM
Auto Remarketing Staff
Ford is seeking input from consumers and asking them to share their adventurous sides in a new campaign designed to stimulate interest in the revamped 2011 Ford Explorer. The “Go. Do. Adventures” campaign asks consumers what they would do with an Explorer for a week. Consumers’ stories about their adventures can be essays, photos or […] [Read More]