Analysis
30-Plus Speakers & Counting at Used Car Week
Friday, Jun. 21, 2013, 05:59 AM
Auto Remarketing Staff
Used Car Week 2013, presented by Auto Remarketing, has announced even more speakers for its series of four conferences set for Nov. 11–15 at the Manchester Grand Hyatt in San Diego. [Read More]
CFPB’s Leading Auto Finance Regulator Leaving Bureau
Thursday, Jun. 20, 2013, 06:00 AM
Nick Zulovich
Just when the industry got closely acquainted with the primary regulator from the Consumer Financial Protection Bureau who oversees auto financing, word comes that the official is departing the agency. Auto Remarketing received confirmation Wednesday that assistant director Rick Hackett intends to leave the bureau by the end of the month. The CFPB already has […] [Read More]
Used-Vehicle Value & Recovery Impact as Leasing Reportedly Soars More Than 200 Percent
Thursday, Jun. 20, 2013, 05:58 AM
Nick Zulovich
Fitch Ratings explored the potential ramifications on used-vehicle values and the impact on recoveries as the auto leasing origination market soars, reportedly spiking by as much as 248 percent in May alone. Fitch contends that continued competition from new-vehicle sales and increasing wholesale market supply will maintain recent pressure on used-vehicle values and have some […] [Read More]
How Dealers Can Help Lift Initial Quality Scores
Thursday, Jun. 20, 2013, 05:57 AM
Auto Remarketing Editor Joe Overby
Most problems new-car buyers report in the first 90 days of vehicle ownership deal with design, according to J.D. Power and Associates, which said these types of issues are significantly harder to fix when the consumer comes into the dealership than defect-related issues. But in a silver lining, one piece of the J.D. Power 2013 […] [Read More]
4 Core Characteristics of the Top Used-Car Dealer
Thursday, Jun. 20, 2013, 05:56 AM
Women-Drivers.com president Anne Fleming
There are thousands of miles between the Keyes Automotive Group in Van Nuys, Calif., and the Serra Automotive Group in Birmingham, Ala. But the one thing these two dealership groups have in common — and 123 other dealership groups from Maine to Malibu — was their membership in last year’s Auto Remarketing feature “The Top […] [Read More]
UPDATED: KBB Pinpoints Impact to Used Values from Chrysler Recall
Wednesday, Jun. 19, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
Consumers won’t be the only ones helped by Chrysler’s announcement Tuesday that it will recall certain Jeep models after coming to terms with National Highway Traffic Safety Administration. According to Kelley Blue Book senior analyst Alec Gutierrez, the automaker was likely spared declines in the used values of these vehicles as well as sales damage. […] [Read More]
Used Car Week Welcomes Primeritus and DRN as Presenting Sponsors for Re3 Conference
Tuesday, Jun. 18, 2013, 04:10 PM
Auto Remarketing Staff
Auto Remarketing Conferences announced today that Primeritus Financial Services and Digital Recognition Network have signed on to return as co-lead sponsors of the Re3 Conference this year. In addition, Primeritus will be sponsoring the name badges at this year’s Re3 Conference and is a general conference sponsor for the brand-new SubPrime Forum. “These two companies […] [Read More]
FTC Issues Revised Business Guide on Red Flags Identity Theft Rule
Tuesday, Jun. 18, 2013, 03:18 PM
Auto Remarketing Staff
The Federal Trade Commission issued revised guidance designed to help businesses such as dealerships comply with the requirements of the Red Flags Rule, which protects consumers by requiring businesses to watch for and respond to warning signs or "red flags" of identity theft. Regulators explained that the guidance outlines which businesses — financial institutions and […] [Read More]
3 Brands Show Gains in Used-Car Consumer Activity
Tuesday, Jun. 18, 2013, 05:59 AM
Auto Remarketing Editor Joe Overby
During May, an overwhelming majority of brands saw a decrease in the amount of activity they were generating among online used-car consumers. However, some brands bucked this trend. According to data provided in the latest Guidelines report from NADA Used Car Guide, Buick (up 3 percent), Mercedes-Benz (up 3 percent) and Lexus (2 percent) were […] [Read More]
Used Car Week Welcomes AutoTrader.com as Presenting Sponsor for CPO Forum
Monday, Jun. 17, 2013, 08:00 AM
Auto Remarketing Staff
Auto Remarketing Conferences announced today that AutoTrader.com has once again signed on as the presenting sponsor for the CPO Forum: The Pre-Owned Conference. AutoTrader.com has been the conference’s sole presenting sponsor each year since the conference was launched in 2007. In addition, AutoTrader.com will be sponsoring the luncheon which will take place on the second […] [Read More]
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