DAA promotes Theis to lead sales for its digital auction platform
Wednesday, Dec. 11, 2024, 03:45 PM
Lane watch: Closing month of 2024 starts with several notable wholesale movements
Wednesday, Dec. 11, 2024, 02:45 PM
Marketer/podcaster Balk selected as inaugural Ron Hope Scholarship recipient
Wednesday, Dec. 11, 2024, 10:55 AM
Wholesale
VIN Barcode Scanner Provider Partners with Carfax
Wednesday, Jul. 28, 2010, 11:56 AM
Auto Remarketing
LOS ANGELES — VINSCAN, a VIN barcode scanning device company, entered into a partnership this week with Carfax. Dealers now can use their VINSCAN handheld scanning device to access their Carfax account. The partnership is intended to help dealers have easier access to Carfax Vehicle History Reports from almost any remote location. Management explained that the VINSCAN device can eliminate […] [Read More]
Chrysler Reveals Final Results of Arbitration Process
Tuesday, Jul. 27, 2010, 02:00 AM
Auto Remarketing
AUBURN HILLS, Mich. — Announcing that the arbitration process for rejected dealers is now complete, Chrysler Group revealed that arbitrators favored the company in more than 70 percent of decisions. More specifically, the company said it prevailed in 76 of the 108 arbitration decisions. About 3 percent of the 789 dealers who were rejected as a […] [Read More]
CarMark Certified Launched
Tuesday, Jul. 27, 2010, 01:59 AM
Auto Remarketing
CARY, N.C. — CarMark Certified, the independent vehicle certification program that is equivalent to the average factory CPO program, became operational last week in 41 states and the District of Columbia, with applications in the remaining nine states under active review and approval expected soon. In another major development, three major financial sources approved the […] [Read More]
CNW Projects How High Residual Losses Could Climb, Reports on Used-Vehicle Trends
Monday, Jul. 26, 2010, 04:00 AM
Auto Remarketing Editor Joe Overby
BANDON, Ore. — The combined residual value losses on leases written between 2005 and June 2010 are expected to be greater than $10.4 billion, a recent CNW Market Research analysis discovered. CNW president Art Spinella noted that the 2010 figure is adjusted based on "added unit sales due to leasing, lessee purchases of leased vehicles, production profits, […] [Read More]
Financing Deals at GM Certified Continue
Monday, Jul. 26, 2010, 03:56 AM
Auto Remarketing
DETROIT — A GMAC financing deal that GM Certified Used Vehicles launched last month has been stretched out, giving the automaker's dealers even more time to use this offer to bring consumers into the certified pre-owned segment. Dealers can now offering the following financing deal through Sept. 7 to well-qualified customers on model-years 2005 through […] [Read More]
Honda Takes Measure to Increase Recall Awareness
Monday, Jul. 26, 2010, 03:54 AM
Auto Remarketing
TORRANCE, Calif. — Honda is aiming to give consumers greater access to information regarding open recalls on its vehicles by now sending this data to Carfax. The company will pass along recall information each day to Carfax, which can help the automaker raise greater awareness of its safety recalls. "Recall completion is critically important to us," stated Jim Roach, senior vice […] [Read More]
Dealers Need to Comply with Revamped Harmonized Sales Tax
Friday, Jul. 23, 2010, 12:00 PM
Auto Remarketing
TORONTO, Ontario — The Used Car Dealers Association of Ontario recently released a Dealer Alert explaining how the new Harmonized Sales Tax laws impact sales and leases to Status Indians. UCDA stressed to dealers that for a two-month period that began July 1, there will be a 13-percent HST applied to sales and leases to Status […] [Read More]
Kia Canada Launches New Marketing Campaign
Friday, Jul. 23, 2010, 11:59 AM
Auto Remarketing
MISSISSAUGA, Ontario — Kia Canada has rolled out a new marketing campaign designed to not only spotlight the new design of its lineup and the progression of the Kia brand, but also share how the automaker has helped out in the community. The multimedia "Drive Change" campaign is spread across television, the Web, billboard, cinemas, newspapers and magazines. Furthermore, […] [Read More]
Mitsubishi of Canada Raises Six Figures for Right to Play Charity
Friday, Jul. 23, 2010, 11:58 AM
Auto Remarketing
MISSISSAUGA, Ontario — Following a three-month campaign to raise funds for an international charity focused on offering sports and play programs designed to help children and communities in need, Mitsubishi Motor Sales of Canada said it was able to donate more than $458,000. From April through June, the company gave $100 to the Right to Play charity for every vehicle its dealers sold. Combined with what Mitsubishi […] [Read More]
Paragon Auto Group Offers Cash for Clunkers II
Thursday, Jul. 22, 2010, 01:58 AM
Auto Remarketing
NEW YORK — A year after the Cash for Clunkers program launched, Paragon Auto Group has rolled out a new stimulus program that gives shoppers $3,800 to trade in their old ride for a new or used vehicle with better fuel economy. Paragon Honda-Acura's Cash for Clunkers II is the latest of such endeavors involving the company. […] [Read More]