Amid the auto industry’s severe challenges, financing struggles and the bankruptcies of two major players, the leasing market took its lumps in 2009 with many companies scaling back or pulling out of the market altogether. But 2010 was a different story.   As of the end of the third quarter, leasing was up across the board, […] [Read More]

Competition between Ally Financial and Chrysler Financial for dealer relationships and market share could heat up in the near future. The former GMAC is expected to push out an initial public offering sooner than initially anticipated by the government and Chrysler Financial just recently received renewed capital in the form of its new parent TD […] [Read More]

Kelley Blue Book’s Kbb.com recently unveiled its 2011 Best Redesigned Vehicle and earning the annual recognition is the 2011 Honda Odyssey. [Read More]

TD Bank Group announced this morning that it is acquiring Chrysler Financial for cash consideration of about $6.3 billion. This purchase includes net assets of $5.9 billion and about $400 million in goodwill. [Read More]

While the Big 3 enjoyed some resurgence this year after a rather trying 2009, NADAguides.com revealed some more good news for these automakers Thursday. The company announced that the three most-researched models on its site for the first 11 months of the year are all Big 3 models. Specifically, the 2010 Ford F-150 generated the most interest […] [Read More]

This is our last edition of Auto Remarketing Today for the year. After we publish Auto Remarketing Canada a bit later today, we will go dark until the new year to give our staff time to spend the holidays with family. AutoRemarketing.com will return to its normal publishing schedule Jan. 3 with a new edition of […] [Read More]

This year is likely to “end on a high note,” as the stronger-than-expected retail new-vehicle market is projected to continue for the December, according to J.D. Power and Associates. Judging by the month’s first 10 days, the firm predicts that December will finish with 936,300 retail new-vehicle units sold, a year-over-year gain of 19 percent […] [Read More]

General Motors has officially finished buying back all of  the GM preferred stock that the U.S. Treasury owned as part of the Troubled Asset Relief Program, the government and the automaker announced. The automaker repurchased 84 million shares of its stock for a combined total of $2.1 billion. The $25.50 paid for each share was […] [Read More]

With the Hispanic shopper demographic becoming increasingly important, it appears one particular group of automakers is having more success than others in reaching these key consumers. So which brands are showing the most strength when it comes to Latino purchasers? According to R. L. Polk & Co., Toyota, Honda and Nissan have been implementing various efforts to specifically […] [Read More]

Used-vehicle values are expected to remain robust next year thanks to supply shortage and a rather healthy used market, according to Nagi Palle, OPENLANE’s vice president of analytics.This was just one of trends that Palle is predicting for next year. He  touched upon a wide array of topics, including the new-vehicle market, leasing, auctions and customer retention. [Read More]