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Tuesday, Sep. 17, 2024, 03:36 PM
Auction news: Bel Air auction announces staff promotions; NAAA offers training
Tuesday, Sep. 17, 2024, 04:14 PM
Lane watch: Why ‘affordability is crucial’ as wholesale prices tick up again
Tuesday, Sep. 17, 2024, 02:39 PM
Wholesale
AutoCanada Continues Profitability, Sees Double-Digit Revenue Hike
Friday, Aug. 13, 2010, 11:59 AM
Auto Remarketing
EDMONTON, Alberta — Though much softer than the year-ago period, AutoCanada still pulled in more than $3 million in net earnings during the second quarter. It also enjoyed a revenue lift of more than 20 percent. These were in the midst of a new-vehicle retail market in Canada that continued to improve, said the company's chief […] [Read More]
RIFCO Chief Says Company Did Not Have a Great Year, Looks Ahead with Optimism
Friday, Aug. 13, 2010, 11:58 AM
Auto Remarketing
RED DEER, Alberta — While acknowledging that the company "struggled" with the goals it set out to achieve in the most recently completed fiscal year, RIFCO president and chief executive officer Bill Graham highlighted successes the Canadian non-prime lender had in fiscal-year 2010 and called the period's results "more favorable." This was part of the company's […] [Read More]
Audi Sets July CPO Record
Friday, Aug. 13, 2010, 01:58 AM
Auto Remarketing
HERNDON, Va. — Audi posted a July record for certified pre-owned sales last month and credited part of these sales to a popular promotion that will be running through the early part of next month. The 2,766 CPO units sold by Audi during the month compare to 2,521 certified units sold during the same time frame of 2009, […] [Read More]
Free Cars.com Webinar to Help Dealers Build Trust with Shoppers
Thursday, Aug. 12, 2010, 01:57 AM
Auto Remarketing
CHICAGO — Cars.com is hosting a free online seminar Friday designed to teach dealers strategies for using certified pre-owned programs, vehicle history reports and customer reviews/testimonials to their advantage when it comes to fostering trust with in-market shoppers. The "Trust Makes the Sale" Webinar starts at noon (EST) and will be moderated by Kathy Kimmel, dealer […] [Read More]
Certified Sales Reach Highest Level in More Than Two Years
Wednesday, Aug. 11, 2010, 12:00 PM
Auto Remarketing Editor Joe Overby
TORRANCE, Calif. — Certified pre-owned sales came roaring back in July, which was the strongest CPO month the industry has seen in more than two years. In fact, a slew of brands reported all-time records for CPO sales, according to Autodata Corp. Overall, Autodata Corp. indicated that there were 153,259 certified units sold in July. The […] [Read More]
J.D. Power to Share Used-Vehicle Market Insights at CPO Forum
Wednesday, Aug. 11, 2010, 11:59 AM
Auto Remarketing
CARY, N.C. — Less than two weeks before the upcoming CPO Forum in San Diego, J.D. Power and Associates will release its 2010 Used Vehicle Market Report, and an executive from the company will be present at the event to share the findings from the latest survey with attendees. Arianne Walker, director of media/marketing research for […] [Read More]
AOL Showcases Top Used Sports Cars Under $15,000
Wednesday, Aug. 11, 2010, 11:58 AM
Auto Remarketing
DETROIT — To take some of the trepidation out of buying a used sports car, AOL Autos recently compiled a list of what it considers to be the top models available for less than $15,000. In addition to being inexpensive, these models are also are "fun to drive" and have distinguishing attributes, according to AOL Autos. "It […] [Read More]
Hyundai Hits the Road with Uncensored Tour
Wednesday, Aug. 11, 2010, 11:57 AM
Auto Remarketing
BOSTON — Hyundai Motor America and agency Jack Morton Worldwide have rolled out an integrated, consumer-driven campaign aimed at boosting appeal for the all-new 2011 Sonata SE. What's being called the Sonata Uncensored campaign is opening with a tour of 10 cities across the U.S. Officials indicated the trek will go from New York to Los […] [Read More]
Need Help Getting Customers Financed?
Wednesday, Aug. 11, 2010, 01:59 AM
Auto Remarketing
CARY, N.C. — Though originations levels are slowly coming back, many dealers are still struggling to set up financing for customers, especially for those with less than perfect credit. In response to this challenge, the Pre-Owned Automobile Dealers Alliance is offering help via a Webinar. The free Webinar titled "Getting the Pre-Owned Customer Financed" is scheduled for 2 p.m. EST on […] [Read More]
Honda Issues Recalls
Tuesday, Aug. 10, 2010, 01:56 AM
Auto Remarketing
TORRANCE, Calif. — Honda officials included 384,220 Accords, Civics and Elements in a recall declaration Monday. Dealers and consumers with 2003 Honda Civic or Accord or an Element from the 2003 or 2004 model years need to get a remedy to prevent a malfunction of the ignition interlock feature of these vehicles. Basically, the ignition interlock mechanism can […] [Read More]