Analysis
Exclusive: 10 Hardest-to-Find CPO Units, 10 Scarce Late-Model Rides
Monday, Jul. 9, 2012, 08:00 AM
Sarah Rubenoff
As a seasonal interest in luxury and performance vehicles takes off, it may be hard for consumers to find certain popular models. In fact, dealers who are lucky enough to have BMW M Series units on their lots may not have them for long. [Read More]
Used-Car Market Intelligence Report: Part III
Monday, Jul. 9, 2012, 07:59 AM
Sarah Rubenoff
In the final piece of the Used-Car Market Intelligence Report series, Auto Remarketing turns to the dealership lot to look at the used-car sales environment in the first half of 2012. We also take a peek in the auction lanes to show what dealers had to shell out to secure the used cars their customers […] [Read More]
Study: 36 Percent of Consumers Plan New-Vehicle Purchase Within 12 Months
Monday, Jul. 9, 2012, 07:57 AM
Auto Remarketing Staff
On the heels of positive developments in connection with June’s new-car sales totals, the newest Ad-ology Auto Shoppers Forecast showed 36 percent of U.S. consumers plan to purchase a new vehicle during the next 12 months. Analysts contend that reading is a 64-percent increase from May of last year. “Stability in the U.S. economy is […] [Read More]
RDN Rolls Out New Two-Factor Authentication Process for Recovery Providers and Lenders
Monday, Jul. 9, 2012, 07:54 AM
Auto Remarketing Staff
Recovery Database Network recently announced the launch of two-factor authentication for users of RDN’s specialized software platform linking auto lending institutions with recovery companies. Although RDN’s current login system requires an ID, password and separate security code, officials explained that adding two-factor authentication provides a substantial increase in user account security for both auto lenders […] [Read More]
June CPO Sales Second-Best in History
Friday, Jul. 6, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
The certified pre-owned market closed the opening half of 2012 with the second strongest month of all time for CPO sales, according to Autodata Corp. Not to mention, June capped what was the second-strongest quarter on record, as quarterly CPO sales reached 462,116 units for a 3-percent year-over-year gain, the firm said Thursday afternoon. [Read More]
AutoNation Reports New-Vehicle Sales Growth; June’s SAAR Reaches Higher Than Expected
Friday, Jul. 6, 2012, 05:55 AM
Sarah Rubenoff
As AutoNation announced that June’s new-vehicle sales soared for the retailer by double digits year-over-year, the American International Automobile Dealers Association reported this past month’s SAAR pushed past 14 million. Driving higher than expected this June, the seasonally adjusted annual rate came in at 14.08 million units — up from 11.56 million a year ago […] [Read More]
Lease & Fleet Supply Trends Push Canadian Residuals Higher
Thursday, Jul. 5, 2012, 03:35 PM
Auto Remarketing Staff
In what is described as a “hot” used-vehicle market, Canadian residual values have been on the upswing the past few years, thanks in part to what happened in the leasing and fleet sales markets, according to a DesRosiers Automotive Consultants analysis. Examining data from Canadian Black Book, DAC pointed out that the residuals of three-year-old […] [Read More]
Used-Car Market Intelligence Report: Part I
Thursday, Jul. 5, 2012, 06:00 AM
Nick Zulovich
While hurdles are still on the horizon, the used-vehicle industry began 2012 with some very encouraging signs for dealers, automakers, remarketers, auctions and others in the business. Given this environment, Auto Remarketing took a deep dive into these used-car opportunities and challenges from the first half of 2012 in a special “Used-Car Market Intelligence Report." […] [Read More]
Study: By Sponsoring Motorsports, Automakers Can Spark Brand Interest in Race-Goers
Thursday, Jul. 5, 2012, 05:57 AM
Auto Remarketing Staff
Audi defends its Le Mans 24 Hours endurance title this past June, winning for the second consecutive year. Mercedes AMG Petronas prepares for the Silverstone British Grand Prix. As OEMs continue to sponsor and participate in motorsports, it seems this extra limelight is paying off on dealer lots. According to Foresight Reasearch’ 2012 Automotive Marketing […] [Read More]
New Research: Plug-In Electric Vehicle Sales Slow in U.S., But Expected to Surge Globally
Thursday, Jul. 5, 2012, 05:54 AM
Auto Remarketing Staff
One million electric vehicles on American roads by 2015 — that’s the goal of the Obama administration. But will America reach it? Despite ramped-up production of plug-in electric vehicles — or PEVs — by U.S. and Japanese automakers over the past two years, it seems the challenge is larger than automakers or policymakers foresaw when […] [Read More]
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