Analysis
CarProof Receives Top Canadian Business Recognition
Thursday, Mar. 1, 2012, 04:22 PM
Auto Remarketing Staff
Not long after taking home Deloitte’s 2011 Technology Fast 500 and Fast 50 Awards, CarProof Vehicle History Reports added another top Canadian business award to its trophy case. The company said late last month it was named one of the 2011 winners in the Canada’s 50 Best Managed Companies program. [Read More]
Gas-Sippers & Jeep Models Among Big Winners in CPO, Late-Model Market
Thursday, Mar. 1, 2012, 06:57 AM
Auto Remarketing Staff
The latest spike in fuel costs appears to be having a major impact on the preferences of both certified pre-owned and non-CPO late-model used-vehicle shoppers, prompting many of these consumers to gravitate toward used cars that are a bit easier on the wallet at the gas pump. In fact, recent analysis from AutoTrader.com indicates that […] [Read More]
KBB.com Names Best Options for Families
Thursday, Mar. 1, 2012, 06:56 AM
Auto Remarketing Staff
Kelley Blue Book revealed Wednesday a list that might help bring some families out to dealers’ lots — 10 Best Family Cars. In unveiling the list, the company noted that since “all families are not created alike, so it stands to reason that all family cars shouldn’t be alike either.” On this annual list, the […] [Read More]
Fiat to Expand Into Russia
Thursday, Mar. 1, 2012, 06:54 AM
Auto Remarketing Staff
Fiat recently revealed it will be expanding into Russia, first pushing Jeep vehicles into the eastern country. The OEM signed a letter of intent with Sberbank in relation to a new project for the production and distribution of passenger and commercial vehicles in Russia, officials explained. And the Russian bank plans to finance the project […] [Read More]
Consumer Reports Spots Gains in Used-Car Reliability Across the Board
Wednesday, Feb. 29, 2012, 06:58 AM
Auto Remarketing Staff
Touting the widespread gains in used-vehicle reliability, Consumer Reports has come out in its latest Annual Auto issue with a message that will likely be welcome news to the used-car business. The publication is saying that buying a used car is becoming “less risky,” and backs that up with its findings that nearly every carmaker […] [Read More]
OVE.com’s Independent Partners See Double-Digit Sales Growth
Wednesday, Feb. 29, 2012, 06:55 AM
Auto Remarketing Staff
Online wholesale vehicle marketplace OVE.com recently revealed that as it gained more independent auction partners over the past year, dealer sales rose by more than 100 percent, as well. And 2012 is also off to a strong start, according to officials. In 2011, independent auction partners grew their sales by nearly 25 percent on the site, while […] [Read More]
‘Lorax’ Movie Star On Tap for Conclusion of Mazda-Sponsored Reading Tour
Tuesday, Feb. 28, 2012, 05:28 PM
Auto Remarketing Staff
When the national reading tour that Mazda is sponsoring wraps up Friday at The New York Public Library, attendees at the event will be treated to an appearance from movie star Zac Efron, who will be the celebrity guest reader at the “Read Across America Day” celebration. This will conclude the “NEA’s Read Across America […] [Read More]
Used Supply Still Tough, but Better Than Expected
Tuesday, Feb. 28, 2012, 03:59 PM
Auto Remarketing Editor Joe Overby
It’s likely that used supply is only going to get tougher for dealers this year, but it may not be as challenging as initially projected. The latest Guidelines report issued by NADA Used Car Guide in mid-February forecasts that used supply for 2012 will slide 3 percent year-over-year, a more moderate decrease than the 7-percent […] [Read More]
GM Taps New Hire to Lead Global Information Technology
Tuesday, Feb. 28, 2012, 03:45 PM
Auto Remarketing Staff
General Motors revealed this week it has chosen a new leader of global information technology. Tapped for the position is Randy Mott, who the company noted is a a veteran of several corporate chief information officer positions. His appointment to lead GM’s global information technology is effective immediately. [Read More]
Possible Regulatory Changes Highlight National Collections & Credit Risk Conference Agenda
Tuesday, Feb. 28, 2012, 02:36 PM
Auto Remarketing Staff
With regulatory changes affecting the collections and credit risk industry coming, organizers of the 16th annual National Collections & Credit Risk Conference are gearing up for one of its most relevant sessions ever. This year’s event is scheduled for March 14–16 at the Hyatt Regency New Orleans in New Orleans. Conference attendees can learn best […] [Read More]
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