Analysis
What Sources Car Shoppers Trust Most
Friday, Apr. 10, 2015, 06:20 PM
Auto Remarketing Staff
Marketing platform Crowdtap recently conducted a survey of roughly 500 male and female car buyers to get a glimpse at what shoppers think about reviews and social media as well as what sources of information they trust the most. The poll, conducted in February of this year, yielded several unique insights into the minds of […] [Read More]
Dealerships Among Best of State Winners
Tuesday, Apr. 7, 2015, 07:12 PM
Auto Remarketing Staff
The Best of State awards, given annually to recognize excellence in various categories ranging from arts and entertainment to sports and recreation in the state of Utah, were announced this week. Three automotive companies were recognized in the merchandising and consumer services division. In the category of Best of State new auto dealers, the Larry […] [Read More]
Drive Fixed Ops Through Transparency & Trust
Tuesday, Apr. 7, 2015, 06:30 PM
Joe Overby, Editor
In the landscape of the digital auto world, Greg McGivney of Cars.com points out, there have been a number of advancements in price transparency on both the used- and new-car side that have helped consumers make confident decisions in their vehicle and dealership selections. So why not make a similar move on the service side, […] [Read More]
Car Haul Capacity: ‘The Wolf Actually Showed Up’
Tuesday, Apr. 7, 2015, 06:23 PM
Joe Overby, Editor
If you need convincing of the capacity challenges facing the vehicle transportation industry, consider what United Road Services president and chief executive officer Kathleen McCann had to say during a keynote address at last month's NAAA/IARA/CAR Conference in Las Vegas. As part of her presentation on “What’s Ahead in Car Haul … Capacity, Compliance, Customer Experience […] [Read More]
West Virginia Alters Collections Law
Tuesday, Apr. 7, 2015, 01:52 PM
Auto Remarketing Staff
The American Financial Service Association along with the West Virginia Bankers Association applauded Gov. Earl Ray Tomblin for signing a measure that originated out of the state that Senate officials said made much needed revisions to the state’s collections law. Currently, AFSA explained a creditor or debt collector is prohibited from communicating with a consumer […] [Read More]
The Features & Info Used-Car Buyers Want Most
Monday, Apr. 6, 2015, 07:44 PM
Joe Overby, Editor
Connectivity may be the best feature to plug when talking to a used-car shopper. And whether or not that car is in good shape may be the most crucial piece of information you pass along to that shopper. That's according to a white paper from CarStory, which among other areas, investigated the top features used-car […] [Read More]
Dealers & Auctions to Benefit from Classic Car Demand
Monday, Apr. 6, 2015, 07:27 PM
Auto Remarketing Staff
Auctions and dealerships that have a strong business interest in how classic cars are moving on the wholesale and retail fronts should be pleased to hear the upbeat projections from IBISWorld, which said the industry appears “to be back on the right track.” The firm’s latest report showed that revenue is estimated to increase during […] [Read More]
Find Missed Opportunities in Fixed Ops
Monday, Apr. 6, 2015, 04:01 PM
Joe Overby, Editor
The service and fixed operations industry is a $310 billion business. The problem is, only a little more than a quarter of that goes to franchised dealerships, says Netsertive’s Tim O’Rourke, citing outside research. “The franchised dealers are getting 27 percent of that ($310 billion total), according to their own internal data. They are getting […] [Read More]
Cox Auto & Porsche Sign Deal for Lease Portfolio Solution
Monday, Apr. 6, 2015, 02:01 PM
Auto Remarketing Staff
Cox Automotive and Porsche Cars North America have entered an agreement under which PCNA will use Actuos — the portfolio management solution for Cox Automotive’s RMS Automotive — for off-lease vehicle management and decision-making. Under the deal, Porsche will use the Actuos Vehicle Return and Actuos Vehicle Remarketing modules. These are designed to help the […] [Read More]
Takata Airbag Recall Effect on Used Pricing
Friday, Apr. 3, 2015, 05:46 PM
Auto Remarketing Staff
The effects of a recall can do quite a bit more harm to a vehicle’s image than the immediate problems they typically cause – they can also dramatically accelerate their rate of value depreciation. That’s according to the analysts at iSeeCars.com, who recently released the results of a study they conducted to see the effect […] [Read More]
X