View The Latest Edition
This Week’s Top Stories at Auto Remarketing
CARY, N.C. — Topping reader interest at AutoRemarketing.com was a story about yet another recall issued by Toyota, this time involving certain Lexus LS models.
Also drawing plenty of attention was the news coming out of Europe centered on the latest planned acquisition by Volkswagen.
The top five stories from AutoRemarketing.com this week are:
1. Toyota to Recall Thousands of Lexus LS Models
TORRANCE, Calif. — The troubles continue to mount for Toyota. Responding to reports out of Japan that parent company Toyota Motor Corp. will pull certain Lexus LS models across the world due to steering system issues, Toyota North America released a statement Wednesday saying a U.S. recall of the vehicle has been planned for …
2. VW Announces Strategic Partnership
WOLFSBURG, Germany, and TURIN, Italy — In what appears to be a growing trend as the industry evolves, another automaker announced it is more closely teaming up with another industry player to help bolster its global footprint. Volkswagen announced Tuesday it is expecting to take …
WASHINGTON, D.C. — The Senate voted its approval on Sen. Sam Brownback's motion on Monday, instructing its leaders to include language that exempts dealers from financial consumer protection agency oversight in the final language of the Wall Street reform bill. While this is good news for many dealers, what remains in question is how buy-here, pay-here dealers will be impacted by reform …
4. Mercedes-Benz Financial Offers iPads to Dealers
FARMINGTON HILLS, Mich. — Months after rolling out a payment channel that allows consumers to make lease and loan payments through their mobile phones, Mercedes-Benz Financial has expanded its mobile strategy even further. The company is now providing …
5. AutoPacific Reveals Vehicle Satisfaction Awards
TUSTIN, Calif. — AutoPacific spotlighted the vehicles that best satisfy their owners, rolling out its 2010 Vehicle Satisfaction Awards on Thursday. Receiving the top overall score was …
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.
