Analysis
World Car of Year Awards Announced
Monday, Apr. 5, 2010, 03:54 AM
Auto Remarketing
NEW YORK — On Thursday morning, the World Car of the Year awards were unveiled at the New York International Auto Show, and highlighting the awards program was Volkswagen, which earned top honors for the second straight year. VW's Polo model was named 2010 World Car of the Year, while the 2010 World Green Car was given […] [Read More]
Kia Claims Top Award for Soul TV Spot
Wednesday, Mar. 31, 2010, 11:56 AM
Auto Remarketing
NEW YORK — Kia picked up yet another award for one of its 2010 vehicles, the Soul. This time the automaker received the nod during the Nielsen Automotive Advertising Awards for Automotive Ad of the Year. Officials explained that the Nielsen Automotive Advertising Awards are based on results from Nielsen IAG's National Ad Effectiveness Study. The […] [Read More]
NHTSA: National Academy of Sciences, NASA to Investigate Unintended Acceleration
Wednesday, Mar. 31, 2010, 02:00 AM
Auto Remarketing
WASHINGTON — On Tuesday, U.S. Transportation Secretary Ray LaHood announced that the National Academy of Sciences and NASA will both delve into the issue of unintended acceleration to see if they can find the root of the cause. The total expected cost of the studies? LaHood anticipates it will be $3 million. The National Academy of […] [Read More]
Polk: Scrappage Rate, Average Vehicle Age Climb
Wednesday, Mar. 31, 2010, 01:59 AM
Auto Remarketing
SOUTHFIELD, Mich. — In a recent 15-month period examined by R.L. Polk & Co. analysts found that there were significantly more vehicles scrapped than added to the roads. The Cash for Clunkers program — which occurred during the period of Polk's study — accounted for "thousands" of the scrapped units, officials said. More specifically, Polk found during its analysis of […] [Read More]
Jumpstart Automotive Group Names New CEO
Tuesday, Mar. 30, 2010, 01:54 AM
Auto Remarketing
NEW YORK — Jumpstart Automotive Group, which produces industry publications such as Car and Driver and Road & Track has a new chief executive officer. Being tapped for the CEO role by parent company Hachette Filipacchi Media U.S. is Nicholas Matarazzo, an executive who is returning to the company. During his first stint with the organization, […] [Read More]
Cars.com Says Toyotas Show Dwindling Consumer Interest
Monday, Mar. 29, 2010, 03:57 AM
Auto Remarketing
CHICAGO — Cars.com officials cited ongoing negative publicity surrounding Toyota recalls as the primary reason the automaker's units are dropping in popularity on the Web site. In fact, the site found that the Toyota Camry — which once owned its largest share of consumer contacts to dealers among midsize sedans during the height of Cash for Clunkers — […] [Read More]
Blue Ribbon Panel Examines Potential Impact of NUMMI Shutdown
Monday, Mar. 29, 2010, 03:56 AM
Auto Remarketing
SAN FRANCISCO — State Treasurer Bill Lockyer brought together a panel of fellow California leaders last week in San Francisco for a public hearing to investigate the potential impact of Toyota's plans to shut down its New United Motor Manufacturing Inc. vehicle plant in Freemont, Calif. The panel collected information and heard testimony from a variety […] [Read More]
CNW: Key Market Demographic Shows Surge in Shopping Interest
Friday, Mar. 26, 2010, 02:00 AM
Auto Remarketing Editor Joe Overby
BANDON, Ore. — The success of the auto sales recovery may hinge on the re-emergence of one pivotal group of vehicle shoppers that went into a "recession hibernation" during 2009, according to CNW Research. Who holds the keys to a market rebound? Why it's women, of course, according to CNW. So it's good news for the industry […] [Read More]
KBB Announces 2010 Brand Image Awards
Friday, Mar. 26, 2010, 01:59 AM
Auto Remarketing
IRVINE, Calif. — On Thursday, Kelley Blue Book rolled out its 2010 Brand Image Awards, which honor the brands that consumers perceive to be the best when it comes to certain qualities or attributes — such as comfort, performance, family-friendliness and prestige, just to name few categories. The awards, which are in their third year, honor automakers […] [Read More]
Top Stories of the Week at AutoRemarketing.com
Friday, Mar. 26, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — Bringing in thousands of readers to AutoRemarketing.com this past week were details about the J.D. Power and Associates 2010 U.S. Vehicle Dependability Study. An analysis by AAA about what vehicles are best for commuters also drew strong interest. The top five stories from AutoRemarketing.com this week are: 1. Which Auto Brands Are Most […] [Read More]