Analysis
Ford on Pace to Set Second-Best CPO Sum; Lincoln Particularly Strong
Wednesday, Dec. 5, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
When the combined Ford, Lincoln and Mercury certified pre-owned sales figures are tallied for full-year 2012, the final count is expected to be the second-highest total ever for the automaker, according to national CPO sales manager Todd Fites. What’s more, the Lincoln brand — in just 11 months — has already achieved its strongest CPO […] [Read More]
FTC Asks for Public Input on Proposed Used Car Rule Changes
Wednesday, Dec. 5, 2012, 06:59 AM
Auto Remarketing Staff
The Federal Trade Commission is considering changing the Used Car Buyers Guide and is turning to the general public for input. The Buyers Guide is required under the Used Car Rule, which goes by the formal name of the Used Motor Vehicle Trade Regulation Rule. Under this rule — which has been effective since 1985 […] [Read More]
Study: Toyota Fans Remain Loyal Through Recalls
Wednesday, Dec. 5, 2012, 06:58 AM
Auto Remarketing Staff
Are Toyota’s most recent recalls affecting consumers’ interest in the nameplate's vehicles? According to data from Jumpstart Automotive Group, it appears that customers are remaining loyal despite two recalls that covered 10.2 million vehicles across the globe. [Read More]
Reynolds and Reynolds Employees Build 200 Bikes for Children of Soldiers
Wednesday, Dec. 5, 2012, 06:55 AM
Auto Remarketing Staff
Two hundred bicycles offer lots of opportunities to smile this holiday season, as Reynolds and Reynolds continues its tradition of donating bikes to military families. Reynolds associates in Dayton, Ohio and Houston, along with their families, gathered on Saturday to build more than 200 bicycles to be given as Christmas gifts to area military families, […] [Read More]
Dealers Have New Tool to Educate Communities on Distracted Driving
Wednesday, Dec. 5, 2012, 06:54 AM
Auto Remarketing Staff
Distracted driving can have devastating consequences, and is a growing problem, says the American International Automobile Dealers Association. Now AIADA and its Affinity Partner, Federated Insurance, are joining forces to offer dealers help in focusing their communities’ attention to the issue of distracted driving. Federated Insurance is offering a free copy of its video, "In […] [Read More]
ARA Looking for Speakers to Fill North American Repossessors Summit Agenda
Tuesday, Dec. 4, 2012, 03:55 PM
Auto Remarketing Staff
The American Recovery Association is making an open call for speakers to be included in the fifth annual North American Repossessors Summit, which is set for April 26–27. ARA and the NARS 2013 planning committee are looking for speakers who can present their thoughts and experiences on topics relating to compliance, analytics and any other […] [Read More]
More Used-Car Buyers Venture Beyond Local Market
Tuesday, Dec. 4, 2012, 03:52 PM
Auto Remarketing Editor Joe Overby
When it comes to buying used cars, more and more shoppers are looking beyond their local market. According to analysis released Monday by CNW Research, the proportion of used-vehicle customers who left their local dealer’s marketing area to buy was at 17 percent in November. This is up from 15.7 percent who did so a […] [Read More]
The Importance of CPO Inspections
Monday, Dec. 3, 2012, 08:59 AM
Auto Remarketing Editor Joe Overby
Through its development over the years, one of the calling cards of the certified pre-owned industry has been the added “peace-of-mind” that it can offer customers. And a big part of that comes from the inspection processes that these used vehicles go through before they are ultimately deemed certified. In fact, at Mercedes-Benz, Scott Penza […] [Read More]
‘Tis the Season: Used Cars as Holiday Gifts
Monday, Dec. 3, 2012, 08:58 AM
Auto Remarketing Editor Joe Overby
The holidays may bring some extra cheer to the used-car market, if Purchase Path survey data from CNW Research is any indication. The share of used-car sales in December bought as holiday gifts could end up reaching a four-year high. Of the shoppers planning to make a used-car purchase in December, 1.9 percent say they […] [Read More]
As Auto Originations Climb, Equifax Introduces New Tool to Understand Customers’ Credit Capacity
Monday, Dec. 3, 2012, 08:57 AM
Auto Remarketing Staff
As the company's data showed auto loan originations now are at the highest level in five years, Equifax rolled out a new solution last week geared to help finance companies and dealers gain a better understanding of their customers' likely credit capacity, needs and usage. [Read More]
X