Retail
Ford Brings New Life to Old Jeans
Wednesday, Dec. 1, 2010, 06:54 AM
Auto Remarketing Staff
They’re probably in the back of your closet or bottom dresser drawer — those old, tattered jeans your spouse insists on discarding. But they are being put to good use by Ford. The automaker is using recycled cottons in the interior of the new 2012 Focus as part of carpet backing and sound absorption material. […] [Read More]
Marchionne: Future Jeep Models to be Built in Italy
Tuesday, Nov. 30, 2010, 06:58 AM
Auto Remarketing Staff
Fiat chief executive officer Sergio Marchionne recently revealed that his company plans to reopen an Italian manufacturing facility to build Jeep vehicles that combine a Chrysler and Fiat platform. He expects many of these models to be shipped to North America. During a meeting held at Unione Industriale di Torino, Marchionne presented trade unions with a plan to reopen the […] [Read More]
NADA Encourages Dealers to Contact Senators about Repealing 1099 Reporting Requirements
Tuesday, Nov. 30, 2010, 06:56 AM
Auto Remarketing Staff
According to the the National Automobile Dealers Association, two crucial amendments associated with federal health care reform are expected to be voted on soon in Congress. NADA says the 1099 reporting requirements will take a tough toll on dealers. NADA leaders explained two amendments to S. 510 offered by Sen. Mike Johanns, a Republican from Nebraska, and […] [Read More]
Latest GM Investment Aims to Boost Cruze, Volt Production
Monday, Nov. 29, 2010, 08:57 AM
Auto Remarketing Staff
Not long after its much publicized initial public offering, General Motors revealed just before Thanksgiving that it is doing another multi-million dollar plant investment. The automaker is planning to use $163.2 million to boost operations in Flint and Bay City, Mich., and Defiance, Ohio. The investment is meant to support engine production for the Chevrolet […] [Read More]
Rick DeSilva: Uncertainty on Taxes Is Hurting Dealers
Monday, Nov. 29, 2010, 08:56 AM
Auto Remarketing
With the midterm elections behind us, the question being asked across America is, "What now?" Post-election, members of Congress have returned to their Washington, D.C., offices for a lame duck session that will conclude around Christmas. [Read More]
Porsche Sees Strong Quarterly Strides in Profit, Revenue & Sales
Monday, Nov. 29, 2010, 08:55 AM
Auto Remarketing Staff
Along with making a major investment into its research and development center, Porsche AG announced it posted significant gains in operating profit, revenue and sales during the first three months of the 2010 fiscal year. In the quarter, the automaker generated an operating profit of 395 million euro, up from 52 million euro in the […] [Read More]
Another Brand Is Added to Dallas’ Friendly Chevrolet
Monday, Nov. 29, 2010, 08:54 AM
Auto Remarketing Staff
Owner Mark Eddins said he was recently awarded another franchise to augment Friendly Chevrolet, a family-operated dealership that’s been around for decades. Eddins now sells Isuzu and Hino units from Isuzu Truck of America in the commercial and fleet sectors through his new dealership, Friendly Isuzu. Along with adding the new franchise operation, Eddins brought in […] [Read More]
Ford Works to Support Those in Need with Meals This Holiday Season
Wednesday, Nov. 24, 2010, 03:10 PM
Auto Remarketing Staff
Be it with food drives, volunteering or reconfiguring vehicles, Ford described several ways it’s looking to support needy individuals at Thanksgiving and throughout the holiday season. For 9,000 homebound seniors and homeless people, Ford is giving its support to generate hot, fresh meals on Thanksgiving. Many meals are set to be packed and delivered by […] [Read More]
Chrysler Investment Announcement Draws White House Attention
Wednesday, Nov. 24, 2010, 02:34 PM
Auto Remarketing Staff
How big was Chrysler’s investment announcement on Tuesday? President Obama and Vice President Biden came to the automaker’s Indiana Transmission Plant II to be a part of the festivities. Included in a string of investment decisions totaling nearly $3 billion, Chrysler confirmed that it is looking to invest $843 million in its Indiana Transmission Plants […] [Read More]
MSN Autos Reveals 10 Turkeys Dealers Should Avoid
Wednesday, Nov. 24, 2010, 02:31 PM
Auto Remarketing Staff
With turkey on the minds of many today as Thanksgiving is only a day away, MSN Autos decided to take this turkey concept in a new direction. The site unveiled a list of “turkeys” that is probably the last thing used-car managers want on their holiday dinner plate — or in their inventory. The website compiled a file […] [Read More]