Auto Remarketing learned Wednesday that Mercedes-Benz USA has rolled out new certified pre-owned extended limited warranty options this week that can further help dealers emphasize the quality in the automaker’s lineup. Previously, the warranty packages in the automaker’s CPO program had a limit of 100,000 total vehicle miles, manager of pre-owned operations Scott Penza explained. He noted that […] [Read More]

Based on 2010 sales numbers shared this week by Edmunds.com, it appears that the certified pre-owned segment has become a more integral part of the used-vehicle operations at franchised dealerships. In fact, CPO sales commanded close to a 19-percent share of franchise dealers’ used-car business last year, an upswing — albeit a modest one — […] [Read More]

TrueCar.com analysts pored over 2010 sales data to determine which models sold best in various parts of the country such as New York, Texas and California. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; […] [Read More]

As I prepare to pass the American International Automobile Dealers Association’s chairman’s gavel on to my successor Jim Smail in San Francisco, I find myself reflecting on all that our association has accomplished over the past year, and the challenges that still lie ahead. When I became AIADA chairman last year in Orlando, I never could […] [Read More]

Automakers generally didn’t ramp up incentives to bolster January sales, according to Edmunds.com. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} Site […] [Read More]

Perhaps in response to some of the turmoil the automaker experienced over 2010, Toyota Motor Sales USA revealed Tuesday afternoon that it has given two groups of managers the opportunity to accept voluntary exit packages. The automaker said it doesn’t have an exact goal as far as the number of managers it wants to take the […] [Read More]

In light of gas-price increases, shoppers gravitated toward small cars and compact SUVs during January, which pushed transaction prices down just a bit, according to TrueCar.com. This downward trend is likely to persist should the increases carry on at the fuel pump, the site indicated. [Read More]

The American Recovery Association recently revealed a former AmeriCredit executive will present the keynote address during the third annual North American Repossessors Summit. Tapped to speak to the gathering of auto lenders and recovery professionals is Mark Floyd, who now is the chief executive officer and vice chairman of Exeter Finance. ARA explained Floyd intends […] [Read More]

Dealer Services Corp. of Indiana has rolled out a revamped, upgraded website that it says is more interactive and is geared more toward the customer. It offers 24/7 online account service access, more reporting capabilities, and its navigation and layout is smoother. “Our redesigned website enables DSC to provide our dealers with up-to-date information across […] [Read More]

Being that today marks the last day for January new-vehicle sales, Edmunds.com offered an upbeat sales prediction, calling it “an impressive jumping-off point for 2011.” Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; […] [Read More]