IRVING, Texas — Further piecing together of what's been a fractured repossession industry is what the leadership of the American Recovery Association hopes to accomplish during the second annual North American Repossessors Summit. This year's version titled "The Future of the Recovery Industry: 2010 and Beyond," is open to any recovery agency whether they're members of […] [Read More]

SANTA MONICA, Calif. — When January's new-vehicle sales figures are finalized, it is projected that market share for Toyota will fall to its lowest level in almost four years and the automaker is the only one of the seven major manufacturers expected to show a double-digit decline in year-over-year sales, according to Edmunds.com. Specifically, Toyota's January […] [Read More]

CARY, N.C. — Leading the way as the top headline this past week at AutoRemarketing.com was a story that shared details about Manheim enhancing a partnership with BMW Group Financial Services. Also catching readers' attention was news about plans for recalled Toyota vehicles to return to the auction lanes. The top five stories from AutoRemarketing.com this […] [Read More]

WESTLAKE VILLAGE, Calif. — The rebound in auto sales appears to have met a "speed bump" in February stemming from Toyota recalls and winter storms, as new-vehicle retail sales will likely show only a minor year-over-year uptick, according to J.D. Power and Associates. More specifically, J.D. Power is forecasting new-vehicle retail sales of 561,500 vehicles, an […] [Read More]

WESTLAKE VILLAGE, Calif. — The challenges that dealers have experienced in their service business due to extremely weak vehicles sales in 2008 and 2009 are likely to stick around for a while. J.D. Power and Associates projects that dealer service volume will continue falling for "several years," eventually hitting a trough in 2013, according to its […] [Read More]

SANTA MONICA, Calif. — Recalls and chilly weather slowed down the auto sales recovery this month, but given the current climate, TrueCar.com called February's projected growth "encouraging." Specifically, TrueCar expects U.S. light-vehicle sales (including fleet) will reach 752,688 units by the end of the month. This would mark an improvement of more than 9 percent from […] [Read More]

YONKERS, N.Y. — Consumer Reports discussed its latest Automaker Report Cards on Tuesday, recognizing the manufacturers that make what it considers to be the best all-around vehicles. Sharing this year's top honor are Honda and Subaru. This marked the fourth straight year Honda has claimed the No. 1 spot, as it scored a 77 out of […] [Read More]

NEW YORK — Forbes.com recently named what it considers to be the safest 2010 small cars. The publication's list of seven vehicles was dominated by Asian brands, especially Honda, which had two of its models make the list. Explaining the list in more detail, Forbes.com's Hannah Elliot noted that the publication determined which vehicles made the […] [Read More]

IRVINE, Calif. — The brands seeing the biggest upswing in owner loyalty during the initial aftermath of the Toyota recalls are Korean and Big 3 automakers, according to Kelley Blue Book's Kbb.com, which also pointed out that brand consideration and loyalty for Toyota has eroded. More specifically, Kia and Hyundai appear to show the steepest upward movement. […] [Read More]

CARY, N.C. — Fueling the greatest story interest this past week on AutoRemarketing.com was news about a federal government probe along with the latest comments from Toyota president Akio Toyoda about the ongoing recalls of several models. Readers also were drawn to analysis about which brands could benefit most from Toyota's struggles. The top five stories […] [Read More]