CARY, N.C. — Grabbing the most attention among our readers this week on AutoRemarketing.com was a story about the latest development in legislation that has been a hot topic in the auto industry, as of late, especially for dealers. The No. 1 most-read story on our site dealt with the Consumer Protection Agency legislation and how […] [Read More]

SANTA MONICA, Calif. — Incentive levels were rather static during June and it looks like the beginning of July won't be very heavy on that front, either, according to Edmunds.com, which released its True Cost of Incentives report on Thursday. Specifically, the average incentive per vehicle sold in June reached $2,661. This marks a 6.9-percent dip from […] [Read More]

CINCINNATI — Swapalease.com executives believe continuing price climbs for used vehicles should bode well for transaction traffic at its site and leasing in general. They first mentioned CNW Research data that indicated used-vehicle transaction prices rose almost 7 percent when compared to the same period in 2009. The site then noted price declarations from Black Book […] [Read More]

SANTA MONICA, Calif. — The InsideLine.com website from Edmunds.com released its 2010 Readers' Most Wanted Awards on Tuesday, and taking top honors in more than half the segments were Ford vehicles. "Our readers seem to be very impressed with the products Ford has out, winning eight of the 15 awards," said Dan Pund, senior editor of Edmunds' […] [Read More]

IRVINE, Calif. — In offering a potential explanation for why a quartet of Chrysler Group vehicles made the top five list for shopping activity growth on Kelley Blue Book's Kbb.com, site editors invoked a bit of Beatles-related humor in this week's Hot Car Report. "When (John) Lennon and (Paul) McCartney wrote the lyric 'Money can't buy me love,' they proved […] [Read More]

CARY, N.C. — Dealers and remarketing management personnel went to AutoRemarketing.com this week to learn more about just how much social media websites are affecting the industry. Recent CNW Research analysis delved further into the discussion about how Facebook and Twitter are integrated into used-vehicle sales. AutoRemarketing.com shared the 2010 U.S. Initial Quality Study from J.D. […] [Read More]

FOUNTAIN VALLEY, Calif. — Hyundai Motor America and its network of franchise dealers in the United States recently rolled out a new initiative to raise funds to fight childhood cancer. The automaker declared dealers have pledged to donate a total of $3 million to Hyundai Hope on Wheels based on vehicles sold during the month of […] [Read More]

SANTA MONICA, Calif. — Although vehicle recalls have dominated the automotive headlines in the first half of 2010, it's not necessarily cause for significant alarm, according to Edmunds.com. In fact, the site suggested that recall issues were more problematic in the past. And in the wake of heavy news coverage, automakers and consumers, alike, have been […] [Read More]

BOWLING GREEN, Ky. — A state well-known for its horse racing has made a vehicle well-known for its horsepower its official state sports car.  At an event held Tuesday at the Bowling Green Assembly Plant, Kentucky Gov. Steve Beshear conducted a ceremonial signing of legislation that, earlier this year, made the Chevrolet Corvette the Bluegrass […] [Read More]

BANDON, Ore. — Social networking as a used-vehicle selling avenue has emerged as a "force to be reckoned with," and its influence in the market is likely to continue growing, according to CNW. "Social network sites such as Facebook and Twitter are becoming a force to be reckoned with as a used-car selling channel," suggested Art Spinella, president […] [Read More]