Analysis
Renovo Services Rolls out Repo Agency Scorecards
Tuesday, Mar. 13, 2012, 02:21 PM
Auto Remarketing Staff
Renovo Services recently released its agency scorecards for the forwarding company’s repossession partners. The company highlighted its Get Best Agent (GBA) program identifies the agents in a defined ZIP code range and uses several weighted metrics to automatically select the best agents. Officials indicated the primary metrics used to evaluate the best agent are recovery […] [Read More]
Kbb.com Offers List of Fuel-Efficient Vehicles with Long-Term Expenses in Mind
Tuesday, Mar. 13, 2012, 02:03 PM
Auto Remarketing Staff
As gas prices are expected to rise this spring, Kelley Blue Book released a list that covers the most fuel-efficient vehicles available with five-year Total Cost of Ownership less than $30,000. To help consumers offset the rising price of fuel, these gas sippers include foreign and domestic models, ranging from Nissan’s Versa to the Chevrolet […] [Read More]
Tsunami’s Wrath Reaches into Certified
Tuesday, Mar. 13, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
When the devastating earthquake and tsunami hit Japan a year ago, it steamrolled into a global vehicle and electronics production crisis that touched almost every aspect of the car business. And the aftermath was not just limited to the new-vehicle market. Even though these effects may not have been as widely talked-out or as obvious, […] [Read More]
Study: Dealers Show Improvement in Web Response Time, Luxury Nameplates Top Ranks
Tuesday, Mar. 13, 2012, 05:59 AM
Auto Remarketing Staff
Numerous luxury nameplates are gaining traction with Web-surfing car shoppers as these dealers hone in on Internet leads and improve response time, according to the 2012 Pied Piper Prospect Satisfaction Index (PSI). Per the results of the Internet Lead Effectiveness study which measures auto dealerships responsiveness to customer inquiries received over the internet, Lexus Infiniti […] [Read More]
Toyota Targets First-Time Buyers with New Prius C Campaign
Tuesday, Mar. 13, 2012, 05:55 AM
Auto Remarketing Staff
Toyota Motor Sales U.S.A. and Saatchi & Saatchi LA just revealed their new marketing campaign for the Prius c. And it hones in and targets first-time car buyers. With the title “The Game of Life with Prius c”, the campaign was created to demonstrate key vehicle attributes in "a fun and approachable way that aims […] [Read More]
Tsunami Remembered: An Unforgettable Mark
Monday, Mar. 12, 2012, 08:59 AM
Nick Zulovich
Just over a year ago, chaos reined in Japan as suppliers took on flood waters and OEMs scrambled to cover their supply chains. A nuclear facility stood in possible meltdown mode, and more than 15,000 individuals were declared dead or missing. With the massive earthquake and tsunami crippling a corner of the country on March […] [Read More]
Hertz Acquires New York City Construction Equipment Rental Provider
Monday, Mar. 12, 2012, 08:57 AM
Auto Remarketing Staff
Hertz Global Holdings revealed late last week that its equipment rental subsidiary acquired Arpielle Equipment Co., a leading metropolitan New York City-based operation that’s focused primarily on business to the construction and industrial markets. Hertz estimated the metropolitan New York City equipment rental market exceeds $1.3 billion. The company anticipated Arpielle will generate incremental revenues […] [Read More]
Renovo Services Highlights Business Continuity Plan Success in Wake of Severe Storms
Monday, Mar. 12, 2012, 08:56 AM
Auto Remarketing Staff
Renovo Services recently recapped how the company successfully implemented its business continuity plan as severe storms ripped through the Midwest and Southeast on March 4. Renovo chief operating officer Wes Goebel emphasized, “The recent storms in the southeastern United States provided a very real reminder of the importance of system and process redundancy in a […] [Read More]
Carfax Reveals Trivia Challenge Dealer Winners
Monday, Mar. 12, 2012, 08:55 AM
Auto Remarketing Staff
Carfax announced the five winners late last week of its Carfax Chalenge, a trivia contest which tested dealers’ knowledge of the company and the auto industry. The challenge was held during this year’s National Automobile Dealers Association & American Truck Dealers Convention and Expo. The overall winner and recipient of the $2,012 prize is Jamie […] [Read More]
Automakers Pitch in for Tornado Relief Efforts
Monday, Mar. 12, 2012, 06:54 AM
Auto Remarketing Staff
In the latest aftermath of tornadoes wielding a destructive path through the Southeastern and Midwestern U.S., the auto industry is yet again chipping in for the relief effort. Late last week — mere days before the one-year anniversary of Japanese tsunami, which had an overwhelming and historic impact on the global car business — Toyota […] [Read More]
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