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Analysis
AutoRemarketing.com’s Top Weekly Stories
Friday, Jun. 11, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — Most of the top stories this week at AutoRemarketing.com had some connection to Mercury, a brand Ford has decided to eliminate later this year. Also sparking interest from industry leaders was news about a new endeavor undertaken by General Motors. The top five stories from AutoRemarketing.com this week are: 1. NHTSA Investigates Ford […] [Read More]
Latest KBB Top 10 List Celebrates Power of Four Cylinders
Friday, Jun. 11, 2010, 01:56 AM
Auto Remarketing
IRVINE, Calif. — Kelley Blue Book conceded its latest vehicle listing of the Top 10 Fast-Lane Four-Cylinders might lack the visceral kick and deep-throated exhaust rumble of bigger and more cylinder-rich V-type engines. However, site editors contend this contingent of vehicles responds to consumer concerns about rising fuel prices while giving automakers a path to fulfill […] [Read More]
Dealer Services Corp. of Indiana Reveals New COO
Tuesday, Jun. 8, 2010, 01:59 AM
Auto Remarketing
CARMEL, Ind. — Dealer Services Corp. of Indiana announced late last week that it has named a new chief operations officer to replace Brian Geitner, who became chief executive officer on Jan. 1. Appointed to the COO post was Shane O'Dell, a founding member of DSC who came aboard in 2005. His roles with the company […] [Read More]
Are Shoppers Still Affected by GM, Chrysler Bailouts?
Tuesday, Jun. 8, 2010, 01:54 AM
Auto Remarketing
CHICAGO — About a year after the automakers respectively filed for bankruptcy, there is still a large chunk of shoppers who are put off about the bailout money given to General Motors and Chrysler, but for most consumers, those bailouts don't appear to play a role in whether they would buy from either of these two […] [Read More]
Industry Vet Seeks to Identify Reputable and Successful Repo, Recovery Agencies
Monday, Jun. 7, 2010, 01:00 PM
Auto Remarketing
EL DORADO HILLS, Calif. — John Lewis' repossession career began as a field representative with Chrysler Credit back in 1982, and he has since been involved nearly all aspects of the recovery industry in California and beyond. Looking at how the industry behaves now is why this veteran is seeking to clarify what makes agencies reputable […] [Read More]
Local, Federal Authorities Seek Woman Connected to Agent Assault
Monday, Jun. 7, 2010, 12:59 PM
Auto Remarketing
SHAKER HEIGHTS, Ohio — A violent crime reportedly committed in northeast Ohio is proving again how dangerous the repossession business can be. The U.S. Marshal's Office and two local police departments have a reward available in connection with the search for a woman who, among her long list of charges, allegedly conspired with two other men to […] [Read More]
Toward Which Brands Will Mercury Shoppers Turn?
Monday, Jun. 7, 2010, 03:59 AM
Auto Remarketing
ATLANTA — With Ford announcing its plans last week to close up Mercury in the fourth quarter, AutoTrader.com set out to find which brands are likely to grab the most would-be Mercury new-vehicle buyers. Based on the site's cross-shopping data, it appears that the automaker best-positioned to gain the highest proportion of shoppers who were interested […] [Read More]
LeaseTrader.com Shares Site’s Most Popular Mercury Models
Monday, Jun. 7, 2010, 03:57 AM
Auto Remarketing
MIAMI — In light of Ford's recent decision to cease production of Mercury, executives from LeaseTrader.com went back through its archives to find vehicles from the brand that generated the most activity at its site. It turns out by a relatively slim margin, the Mercury Mariner topped this list. Site officials found the Mariner constituted 19.8 […] [Read More]
Veteran Returns to QEK as VP of Strategic Sales
Monday, Jun. 7, 2010, 03:55 AM
Auto Remarketing
BLOOMFIELD HILLS, Mich. — QEK Global Solutions, a proprietary asset management software provider to several automakers, announced the return of an executive who previously spent more than 10 years at the company. Taking on the role as the vice president of strategic sales is Craig Cheatle, who worked at QEK from 1992 through 2004. All told, QEK […] [Read More]
This Week’s Top Stories at AutoRemarketing.com
Friday, Jun. 4, 2010, 01:57 AM
Auto Remarketing
CARY, N.C. — Sparking plenty of attention this past week at AutoRemarketing.com was a story that shared details from a Microsoft survey regarding young buyers' impressions of dealers. Also stirring industry attention was the first word of Ford's decision regarding the future of Mercury. The top five stories from AutoRemarketing.com this week are: 1. Microsoft: Millennials […] [Read More]
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