Analysis
NADAguides.com Reveals 2011 Must Consider List
Wednesday, Apr. 13, 2011, 05:57 AM
Auto Remarketing Staff
NADAguides.com recently announced its annual “Must Consider” vehicle list, which includes a variety of brands. Basically, the list, which was selected by company analysts, includes vehicles that offer “a combination of quality engineering, design and features, great performance and excellent fuel efficiency resulting in noteworthy success for each vehicle’s intended function and overall value (taking […] [Read More]
GM Invests $100M to Add 30 Jobs, Retool Plant
Wednesday, Apr. 13, 2011, 05:55 AM
Auto Remarketing Staff
General Motors announced Tuesday it will invest $100 million to add 30 jobs and purchase tooling and equipment to make future automotive components at its GM Components Holdings Rochester Operations. "This investment in our manufacturing operations will enable us to produce a new generation of fuel-efficient small-block car and truck engines," said Cathy Clegg, GM […] [Read More]
Dealers & Lenders See Benefits to Integrating Repo Vehicles with Online Auctions
Monday, Apr. 11, 2011, 02:21 PM
Auto Remarketing
Over the past decade, there has been a significant shift toward migrating the wholesale vehicle remarketing process online. There are many reasons for this growth. The online channel offers numerous benefits for the remarketing process, such as reduced expense and time to sale, less need to transport vehicles, travel cost savings to and from the […] [Read More]
Allied Finance Adjusters President Reflects on Changing Repo Landscape as 75th Anniversary Approaches
Monday, Apr. 11, 2011, 02:13 PM
Nick Zulovich
Leaders of Allied Finance Adjusters are quick to point out that the last couple of years probably have created more change in the repossession industry than any of the previous 75 years. With a mindset of bonding as a group, president George Badeen explained how this week’s convention is creating more enthusiasm and excitement. “We’re […] [Read More]
Vincentric Reveals Best Fleet Value in America Awards
Monday, Apr. 11, 2011, 07:55 AM
Auto Remarketing Staff
Vincentric unveiled its sixth annual Best Fleet Value in America Awards for units from the 2011 model year. The automakers claiming the most honors often duel it out for top monthly sales performances. Award orchestrators gave 10 awards to Toyota, while they gave nine to General Motors. Ford claimed five accolades, and Volvo, Audi, Volkswagen, […] [Read More]
AR Canada Conference Set for Next Week
Friday, Apr. 8, 2011, 02:35 PM
Auto Remarketing Staff
With Auto Remarketing Canada 2011 — Canada’s Used Car Conference mere days away, event organizers shared an updated attendee list for the nation’s premier industry event, which begins Tuesday in Toronto. The updated attendee list can be viewed at http://arcanada.autoremarketing.com/sites/arcanada.autoremarketing.com/files/images/ARC_preshow_4-8-11.pdf. Complete conference details, including the final agenda, can be found at the conference website at […] [Read More]
Edmunds Debuts Best Retained Value Awards
Friday, Apr. 8, 2011, 06:00 AM
Auto Remarketing Staff
Rolling out a new program to spotlight residual value strength, Edmunds.com shared the winners of its inaugural Best Retained Value Awards on Thursday. Winning in the non-luxury category is Honda and earning the No. 1 spot among luxury brands was Lexus. The awards are given to brands and individual brands with the strongest projected residual values […] [Read More]
TrueCar: Women More Practical in Car-Buying Than Male Counterparts
Friday, Apr. 8, 2011, 05:58 AM
Auto Remarketing Staff
Apparently, Men Are from Mars, Women Are from Venus might not just be the title of the famous book by John Gray about the relationships between men and women. The phrase could actually be apt to describe gender differences when it comes to car-buying behavior. In fact, TrueCar.com analyzed more than 8 million vehicle purchases […] [Read More]
Chrysler Launches Credit Card Program & New Round of Incentives
Friday, Apr. 8, 2011, 05:57 AM
Auto Remarketing Staff
In what may help stimulate additional sales at its stores, Chrysler rolled out a new co-branded auto credit card program this week that rewards consumers for making purchases at the automaker’s dealerships as well as for assorted everyday and travel purchases. Chrysler teamed with MasterCard and First National Bank of Omaha to debut the Chrysler […] [Read More]
Ford Renews Swap Your Ride Program
Thursday, Apr. 7, 2011, 05:57 AM
Auto Remarketing Staff
Ford is resuming a popular advertising campaign designed to capture conquest sales “head-on” by offering owners of competitors’ vehicles the chance to drive Ford models for a week. The “Swap Your Ride” campaign — which began airing in 2007 — kicked off its latest edition Wednesday with a set of commercials that share the experiences of […] [Read More]
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