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Analysis
Edmunds.com: Automakers Passed on Ramping Up January Incentives
Wednesday, Feb. 2, 2011, 04:20 PM
Auto Remarketing Staff
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]
Toyota Offers Buyout Packages
Wednesday, Feb. 2, 2011, 07:01 AM
Auto Remarketing Staff
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]
TrueCar: Gas-Price Hike Leads to Lower Transaction Prices
Wednesday, Feb. 2, 2011, 06:59 AM
Auto Remarketing Staff
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]
Former AmeriCredit Exec to Give Keynote at Repossessors Summit
Monday, Jan. 31, 2011, 04:21 PM
Auto Remarketing Staff
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 Rolls Out Upgraded Site
Monday, Jan. 31, 2011, 08:58 AM
Auto Remarketing Staff
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]
Edmunds.com: 2011 New-Vehicle Sales Off to Steady Start
Monday, Jan. 31, 2011, 08:57 AM
Auto Remarketing Staff
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]
Will Rising Gas Prices Push Small Economy Car Demand to 2008 Levels?
Friday, Jan. 28, 2011, 07:00 AM
Nick Zulovich
Since fuel prices again appear to be a higher priority within consumers’ budgets, Experian Automotive’s quarterly look at market trends recapped recent gas price spikes in hopes it could shed light on what’s in the future. Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; […] [Read More]
GM Withdraws Federal Loan Application
Friday, Jan. 28, 2011, 06:57 AM
Auto Remarketing Staff
Acknowledging significant improvement in its business performance, General Motors announced it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy. 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]
IFS Brings In TPC Management Co.
Friday, Jan. 28, 2011, 06:54 AM
Auto Remarketing Staff
Innovative Funding Services — via services arm Hourglass Management Corp. — announced this week that it has brought in TPC Management Co. as a consultant to the network’s companies. Composing that network are IFS, Flexco and eFleet Direct. “We are very excited to have TPC leveraging their extensive network to help us reach companies that […] [Read More]
Which Cars Does U.S. News Consider the Best for the Money?
Thursday, Jan. 27, 2011, 06:59 AM
Auto Remarketing Staff
U.S. News Cars unveiled its 2011 Best Car for the Money awards this week, and leading the way among the 18 segment winners is General Motors, which claimed honors in five categories. In each segment, the vehicle that receives the top score for overall value and appeal is given the award. U.S. News determines the winners by taking […] [Read More]
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