AutoRemarketing.com’s Top Weekly Stories
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CARY, N.C. — Whether or not they were dealers for that automaker, readers went to AutoRemarketing.com this past week to learn more about Chrysler's decision to begin reinstating some franchise operations.
Also drawing plenty of attention last week was news about a new online program enhancement rolled out by Manheim.
The top five stories from AutoRemarketing.com last week include:
1. Chrysler Plans to Reinstate Dozens of Dealers
AUBURN HILLS, Mich. — Apparently, Chrysler Group has already sent 36 letters of intent or sales and service agreements for reinstatement to dealers whose contracts were rejected under the bankruptcy proceedings last year. And now, the automaker is looking to reinstate …
2. Manheim Introduces Daily Sales to Expand Online Offering
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ATLANTA — Manheim rolled out its new online Daily Sales program on Monday, essentially expanding its Online Event Sales to seven days each week. It will add new sales to …
3. How to Buy Hot Vehicles for the Right Money All Day
OAK BROOK, Ill. — The perception of not being able to source hot vehicles for the right money is understandable but wrong. The reason that it's understandable is that we …
4. Polk: Scrappage Rate, Average Vehicle Age Climb
SOUTHFIELD, Mich. — In a recent 15-month period examined by R.L. Polk & Co. analysts found that there were significantly more vehicles scrapped than …
5. Geely Buys Volvo for $1.8 Billion
DEARBORN, Mich. — Ford has officially found a buyer for Volvo. The company signed a definitive agreement with Zhejiang Geely Holding Group Co. Limited on Sunday. Basically, the Chinese manufacturer …
Editor's Note: For more, stay tuned to the Auto Remarketing Today daily e-newsletter for the latest breaking news in the industry. Also, visit our sister publication, SubPrime Auto Finance News, to learn more about the trend and challenges facing the auto finance industry.
