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Wholesale
CarProof Unveils Sales Leadership Promotions
Friday, Apr. 9, 2010, 11:58 AM
Auto Remarketing
LONDON, Ontario — CarProof announced earlier this week that it has promoted two of its sales team leaders. The company named Shawn Vording director of dealer sales for Western Canada, while taking on the role of regional vice president of dealer sales for Ontario is Chris Alfonso. Vording was most recently a regional sales manager in the […] [Read More]
AAA: Fuel Costs Accelerate Depreciation for Some Segments
Friday, Apr. 9, 2010, 02:00 AM
Auto Remarketing
ORLANDO, Fla. — As the price of gas rises at the pump, in addition to driving up the cost of ownership for operating vehicles, it has also apparently had a negative impact on the resale values and depreciation of certain models, according to the AAA Your Driving Costs Study released Thursday. Apparently, gas prices have jumped by double digits since the last time the […] [Read More]
vAuto Upgrades Live Market Merchandising Module
Friday, Apr. 9, 2010, 01:58 AM
Auto Remarketing
OAK BROOK, Ill. — vAuto has rolled out enhancements to its Live Market Merchandising Module that are designed to help dealers more effectively manage used inventory processes. These upgrades allow dealers to upload and customize vehicle photographs, produce window stickers and transmit listings to online marketing channels. "The expanded vAuto system provides our customers one central […] [Read More]
GM Certified Introduces Special Financing Offer
Friday, Apr. 9, 2010, 01:56 AM
Auto Remarketing
DETROIT — To help dealers capitalize on the arrival of the spring season that may bring shoppers interested in the certified pre-owned segment, GM Certified Used Vehicles has rolled out special financing from GMAC Financial Services on select Pontiac G6 and Chevrolet Malibu models. Specifically, qualifying shoppers can receive 3.9-percent APR financing for up to 60 months […] [Read More]
AutoTrader.com: Used Truck Interest Points to Economic Recovery
Thursday, Apr. 8, 2010, 01:59 AM
Auto Remarketing
ATLANTA — Sharing some positive news, AutoTrader.com president and chief executive officer Chip Perry said he connects the increased activity his site witnessed in March on used full-size trucks as an indication of an upward turning economy. More specifically, Perry indicated that growth in used inventory searches for the Dodge Ram 2500 and Ford F-250 were up by […] [Read More]
AAIA Spots Upcoming Rise in Aftermarket Sales
Thursday, Apr. 8, 2010, 01:57 AM
Auto Remarketing
BETHESDA, Md. — The Automotive Aftermarket Industry Association recently released some preliminary data from its annual Aftermarket Factbook. Among some of the findings was a jump expected this year in U.S. motor vehicle aftermarket sales. How big is the jump? 3.8 percent. Association analysts attributed the increase partly to anticipated pent-up demand for vehicle maintenance and […] [Read More]
CPO Sales Show March Jump, Ending 13-Month Decline
Wednesday, Apr. 7, 2010, 12:00 PM
Auto Remarketing Editor Joe Overby
MONTVALE, N.J. — Certified pre-owned sales during March showed a year-over-year increase for the first time since January 2009, and several automakers posted record sales. Specifically, there were 145,157 certified units sold, a 7.3-percent increase over March 2009, according to Autodata Corp. statistics. This upswing ended a string of 13 consecutive months of year-over-year sales declines. […] [Read More]
Women-Drivers.com Analyzes Female Car-Buying Satisfaction
Wednesday, Apr. 7, 2010, 11:58 AM
Auto Remarketing
PITTSBURGH — A recent survey completed by Women-Drivers.com analyzed the purchasing experiences of women at a dealership in two categories — women older than 40 and younger than 40. Which group had the more enjoyable experience? Turns out, the site found that female buyers older than 40 had a better overall dealership experience. The positive percentage for […] [Read More]
Dealix Launches New Feature on UsedCars.com
Wednesday, Apr. 7, 2010, 11:57 AM
Auto Remarketing
REDWOOD CITY, Calif. — Dealix, a division of Cobalt, on Wednesday announced that it has continued to enhance UsedCars.com since the company re-launched the site last year. The latest new feature, "My Account," is a tool that can allow vehicle shoppers to filter their searches more thoroughly. Site officials explained that consumers can utilize UsedCars.com's advanced search filters […] [Read More]
What’s in Store for Used-Vehicle Market?
Tuesday, Apr. 6, 2010, 01:59 AM
Auto Remarketing Editor Joe Overby
WASHINGTON, D.C., and BANDON, Ore. — Although used-vehicle prices maintained their hike during March and high values seem likely to stick around, a few factors on the new-car side could change things, according to NADA Used Car Guide. "Used-vehicle prices continued to follow an upward trend during March. Most indicators suggest the used market will continue […] [Read More]