Analysis
Repo Agent Avoids Injury Amid Gunfire
Thursday, Sep. 30, 2010, 05:01 PM
Auto Remarketing Staff
A Florida repossession agent skirted serious injury when an individual reportedly opened fire with an automatic weapon. And in a twist, it was the alleged shooter who ended up with a bullet wound. A report posted by NBC Miami detailed how a 21-year-old North Miami Beach man faced criminal charges along with a non-life-threatening injury […] [Read More]
13 Chrysler Plant Workers Recently Fired
Thursday, Sep. 30, 2010, 05:57 AM
Auto Remarketing Staff
After a Detroit Fox affiliate news station caught several Jefferson North Assembly Plant workers drinking and displaying “inappropriate conduct” during their lunch break, Chrysler reviewed the evidence and ultimately fired 13 workers. “Chrysler Group has completed its investigation of the Jefferson North employees recently suspended for inappropriate conduct during their lunch period,” Chrysler said in […] [Read More]
What Drives Consumers Toward Certain Models?
Thursday, Sep. 30, 2010, 05:55 AM
Auto Remarketing Staff
Given a choice of five factors, 37 percent of consumers indicated that their decision to buy a vehicle was most heavily affected by the model’s quality, a recent CarMax survey released. The poll, done via telephone, posed the following question to respondents: “Which of the following factors most influences your car-buying decision?” [Read More]
AmeriCredit, GM Deal Expected to Close Friday
Wednesday, Sep. 29, 2010, 05:00 PM
Auto Remarketing Staff
As was expected, AmeriCredit shareholders voted in favor of the company’s acquisition by General Motors. Since more than the required 66.7 percent of AmeriCredit issued and outstanding shares voted in favor of the transaction, executives said the merger is now expected to close Friday, Oct. 1. The votes were reported at a shareholder meeting held […] [Read More]
Which New Models Are Currently the Best Deals?
Wednesday, Sep. 29, 2010, 04:57 PM
Auto Remarketing Staff
With TrueCar.com analysts believing the best day in September to purchase a new-vehicle is Thursday, they rattled off more than 10 models with double-digit discounts. Leading the way on this list with the greatest incentive and rebate package to reduce the MSRP is the 2010 Chevrolet Cobalt. Incentives reduce the vehicle price by 24 percent […] [Read More]
Subaru Recognized Again as Adoption-Friendly Company
Wednesday, Sep. 29, 2010, 04:56 PM
Auto Remarketing Staff
Subaru of America says it has worked hard to build a reputation for generous adoption assistance for its employees. As a result for the second year in a row, Subaru learned this week it was ranked No. 1 in the auto industry on the list of Best Adoption-Friendly Workplaces in America issued by the Dave Thomas Foundation […] [Read More]
AOL Autos Names Best Used SUV Bargains Under $5,000
Wednesday, Sep. 29, 2010, 03:59 PM
Auto Remarketing Staff
As gas prices have become more manageable, the popularity of SUVs — which contracted in the fuel-cost spike of 2008 — has returned to strong levels; however this comes with a caveat: Consumers are heading to the used side of the SUV market, shared Chris Shunk of AOL Autos. With this in mind, AOL Autos released of list […] [Read More]
Contenders for 2011 North American Car of Year Awards Revealed
Tuesday, Sep. 28, 2010, 05:54 AM
Auto Remarketing Staff
The group of 14 models vying for 2011 North American Car of the Year honors was revealed Friday, and leading the pack were General Motors and Nissan, each of which were represented by three contenders on the car list. There were 27 new cars that were eligible for the honors and jurors trimmed that down […] [Read More]
Illinois Repo Agent Walks into Tragic Scene
Monday, Sep. 27, 2010, 02:59 PM
Auto Remarketing Staff
A repossession agent made a gruesome discovery while on assignment earlier this month in this community north of St. Louis. The local sheriff’s office eventually determined the agent uncovered a murder-suicide. The agent arrived at the home and found two deceased individuals, according to reports from the Madison County Sheriff’s Department published by the St. Louis […] [Read More]
With Growing Repo Agent Base, OPENLANE to Launch Several Initiatives at ARA Convention
Monday, Sep. 27, 2010, 02:53 PM
Auto Remarketing Staff
As OPENLANE prepares to launch new enhancements and special promotions at this week’s annual American Recovery Association convention, the company also shared how many agencies have registered to remarket repossessed vehicles since the beginning of the year. OPENLANE executives indicated more than 80 recovery companies, representing hundreds of lenders and thousands of repossessed vehicles, are […] [Read More]
X