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Retail
Marchionne Reflects on His Canadian Childhood, Discusses Chrysler’s New Beginning
Friday, Jan. 14, 2011, 04:58 PM
Auto Remarketing Staff
Returning to the Canadian province that was his adolescent home, Chrysler Group chief executive officer Sergio Marchionne — addressing attendees of the Chrysler Group Brampton Assembly Plant Celebration Event late last week in Ontario — called to mind his own childhood experience moving to Toronto from Italy as he discussed the new beginning the refurbished plant […] [Read More]
NADA Stresses Importance of Convention Bringing Dealers Face-to-Face with Auto Execs
Friday, Jan. 14, 2011, 06:56 AM
Auto Remarketing Staff
If franchise dealers want some face-to-face contact with top automaker executives, the National Automobile Dealers Association emphasized they have potentially more than two dozen opportunities at its annual Convention & Expo in San Francisco next month. In all, the association indicated 24 dealer franchise meetings are scheduled in just two days at the NADA event. […] [Read More]
Honda Recalls Certain 2010 Accords, CR-Vs
Friday, Jan. 14, 2011, 06:55 AM
Auto Remarketing Staff
Honda announced this week it will recall 2,277 model-year 2010 Accord 4-cylinder units and CR-V vehicles in the U.S. The recall stems from a need to replace an electrical wire harness coupler in the engine compartment. The automaker believes the wire harness coupler could have been damaged during vehicle assembly, which can lead to the […] [Read More]
Beige Book: Dealers Experience Robust 2010 Finish
Thursday, Jan. 13, 2011, 07:00 AM
Auto Remarketing Editor Joe Overby
Dealers experienced fairly healthy sales in most pockets of the country in the final reporting period of 2010, according to the Federal Reserve, which said eight of its 12 districts saw either increased or steady vehicle sales. [Read More]
Audi Credits Dealer Investments with Helping to Drive Strong 2010 Sales
Thursday, Jan. 13, 2011, 06:59 AM
Auto Remarketing Staff
Audi of America recently recapped its best sales year ever, highlighting how much franchise dealers invested in showrooms and specific markets that enjoyed strongest sales gains. From 2008 until the end of last year, Audi indicated its dealers have invested approximately $171 million on completed upgrades. The company said that figure does not include land […] [Read More]
Honda Likes Market Standing, Eyes More Growth with Redesigned Civic
Thursday, Jan. 13, 2011, 06:58 AM
Auto Remarketing Staff
Also using the event as a platform to show off the newest version of the Civic, a top Honda executive this week looked back at how the automaker performed in 2010 as well as what could be expected this year. John Mendel, executive vice president of American Honda Motor Co., indicated the manufacturer posted 7.6 […] [Read More]
Nissan Announces Senior Leadership Changes in Americas Region
Thursday, Jan. 13, 2011, 06:56 AM
Auto Remarketing Staff
This week, Nissan Americas revealed the director now in charge of sales in Latin America as well as the promotion of one of its executives for corporate communications. Company officials said the new director of Nissan Latin America and the Caribbean is Kenneth Ramirez. They also appointed Paula Angelo as director of corporate communications for […] [Read More]
Chevrolet Turns 100 This Year, Begins Centennial Celebration
Thursday, Jan. 13, 2011, 06:54 AM
Auto Remarketing Staff
Chevrolet is ringing in its centennial year during this week’s North American International Auto Show and is commemorating its 100th anniversary throughout the year with various activities. The brand shared some of the progress Chevrolet has made since racer Louis Chevrolet and General Motors founder William Durant started the brand in November 1911. [Read More]
VW Pairs with “SNL” Star for Comedic, Educational Online Videos
Wednesday, Jan. 12, 2011, 05:07 PM
Auto Remarketing Staff
Volkswagen of American went the comedic route by recently launching a series of online videos spotlighting a Saturday Night Live star to promote its models. VW teamed up with SNL funnyman Bill Hader and SNL writer John Mulaney for the "Inside the VW Academy" series, which is composed of 18 videos designed to not only get a chuckle, […] [Read More]
GM’s Akerson Sets Out to Revive Dealer Relationships
Wednesday, Jan. 12, 2011, 03:45 PM
Auto Remarketing Staff
General Motors chairman and chief executive officer Dan Akerson reached out to franchise dealers this week in an attempt to heal the wounds caused by the company bankruptcy, store reductions and other problems. Akerson began a recent speech by being blunt, stressing, “The hard truth is that GM didn’t always do a great job listening […] [Read More]