Analysis
Insure.com Ranks Most and Least Expensive Cars to Insure
Tuesday, Feb. 14, 2012, 04:08 PM
Auto Remarketing Staff
Insure.com, a resource for consumer insurance information and data, came out with a list that shows dealers and shoppers alike which 2012 vehicles are the least and most expensive to ensure. This year’s insurance bargain comes from a Japanese nameplate, with the Toyota Sienna LE stealing the No. 1 spot. On the other hand, the […] [Read More]
KBB: 5-Percent Used-Car Value Increase a Possibility
Tuesday, Feb. 14, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
Pushed by the tight supply constantly facing dealers, by the time the first quarter is over, used-vehicle values could spike by as much a 3 to 5 percent, according to Kelley Blue Book. Then during April, used values are expected to plateau and stay consistently high for months, explained KBB’s Alec Gutierrez, senior market analysts of automotive […] [Read More]
DuPont Reportedly Selling Auto Paint Business
Tuesday, Feb. 14, 2012, 06:59 AM
Auto Remarketing Staff
Though the company refused to issue a statement or confirm to Auto Remarketing, news is now circulating that DuPont is accepting bids for its automotive paint division. Citing unnamed sources, the report that surfaced late last week indicates that the sale of this business unit could garner more than $4 billion. It was widely reported in October that DuPont had […] [Read More]
CarMax Asks What Attracts Consumers Most to Top Choice, Launches Facebook Contest
Tuesday, Feb. 14, 2012, 06:57 AM
Auto Remarketing Staff
In the spirit of today’s holiday, CarMax revealed “what made the sparks fly” during the car shopping process, as well as the launch of a new Facebook contest that focuses on the love affair between consumers and their vehicle of choice. When asked what the leading factor was when deciding to buy a car, nearly […] [Read More]
Autobytel Lists Top Vehicles by Gender
Tuesday, Feb. 14, 2012, 06:56 AM
Auto Remarketing Staff
In a battle of the sexes, Autobytel’s editor in chief and assistant editor went head to head in a battle to find the hottest cars for 2012. By price category, Michelle Naranjo, editor in chief, and assistant editor Jeffrey Ross picked from a wide variety of cars during the company’s Valentines Day fun. Independently of […] [Read More]
ChannelNet Taps Former Ford Credit Exec as New Board Member
Tuesday, Feb. 14, 2012, 06:54 AM
Auto Remarketing Staff
Digital marketing company ChannelNet recently revealed it has picked an auto industry veteran to serve on its board. Tapped as the newest board member is AJ Wagner, president of AJ Wagner & Associates LLC, and former president of Ford Motor Credit Co. North America, and corporate vice president of Ford Motor Co. Commenting on the […] [Read More]
Pollak on NADA: Four Ways Convergence Will Affect Dealers
Monday, Feb. 13, 2012, 08:59 AM
Dale Pollak
I’d like to thank all of the dealers and their teams who visited vAuto’s booth to learn more about our Provision inventory management system and other products and services. The positive responses about Provision confirm it’s a game-changer for the industry. While chatting with dealers and managers at NADA, I was struck by how often […] [Read More]
Car Care Council Inks Deal With The Weather Channel; Could Dealers Benefit?
Monday, Feb. 13, 2012, 08:54 AM
Auto Remarketing Staff
In a new deal that the Car Care Council has struck with The Weather Channel Cos., the non-profit organization is offering vehicle maintenance advice on weather.com, as well as including links to its own website. And as consumers apparently hit weather.com fairly regularly to check the latest forecast — and given the fact they now […] [Read More]
Group 1 Sees Used Sales Spike During Most Profitable Year Ever
Friday, Feb. 10, 2012, 06:58 AM
Auto Remarketing Editor Joe Overby
Though executives acknowledged on Thursday’s quarterly conference call that used-vehicle supply and pricing are likely to continue to be challenging, Group 1 Automotive celebrated a double-digit spike in fourth-quarter used sales on its way to achieving what was the most profitable year ever for the dealership group. Group 1 capped its best-ever year with a […] [Read More]
ARA Taps Keynote Speaker for NARS
Thursday, Feb. 9, 2012, 07:23 PM
Auto Remarketing Staff
Along with an update from the president about the organization’s industry scorecard, the American Recovery Association revealed more of its agenda for the 2012 North American Repossessors Summit, including the event’s keynote speaker. Headlining the two-day training and networking event will be Mike Goins, senior manager and head of loss recovery at TD Auto Finance, […] [Read More]
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