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Retail
Imports Continue CPO Momentum
Tuesday, May. 12, 2015, 01:53 PM
Joe Overby, Editor
Asian-brand dealerships sold more than 99,000 certified pre-owned vehicles in April for nearly a 9-percent year-over-year increase. And European-brand dealers increased their CPO sales nearly 10 percent with more than 37,000 units moved for the month, according to Autodata Corp. More specifically, there were 99,046 CPO sales from Asian brands in April, Autodata said, which […] [Read More]
Big 3 Boost CPO Sales by More Than 15%
Tuesday, May. 12, 2015, 01:39 PM
Joe Overby, Editor
Domestic-brand dealers increased their April certified pre-owned sales by more than 15 percent, pushing their year-to-date total above 300,000 units, according to Autodata Corp. The Big 3 sold a collective 78,864 CPO units for the month, beating April 2014 figures by 15.5 percent, Autodata noted. Through four months, domestic certified sales reached 312,763 units for […] [Read More]
Top 5 Tactics to Create Successful Fixed Ops Employees
Monday, May. 11, 2015, 07:46 PM
Matt Hurst , Dealertrack Technologies
From adding service bays and express lanes to extending hours, many dealerships are investing heavily in fixed operations. However, the impact of that investment to the bottom line could be minimized if your fixed ops employees are unhappy. Dissatisfied employees lead to higher turnover, higher costs, reduced service capacity and decreased customer satisfaction. If you’re […] [Read More]
Asbury Expands Presence in Atlanta Market
Monday, May. 11, 2015, 07:38 PM
Auto Remarketing Staff
Asbury Automotive Group is expanding in the Atlanta market. The dealer group announced that it has purchased Capital City Nissan, which rakes in approximately $70 million in revenues each year. Asbury will rebrand the dealerships Nalley Nissan Atlanta, bringing its store count to 17 in the state. The new store is located near I-285 at […] [Read More]
NADA on Used Sales: ‘Spring Effect is Real’
Friday, May. 8, 2015, 03:10 PM
Joe Overby, Editor
The “spring effect” is in full effect, and the used-car market continues to churn out high numbers. With close to 3.6 million used-vehicle sales in April, there have now been nearly 10 million used cars sold so far this year, according to the National Automobile Dealers Association. The April used-car sales total represented a 5.3-percent […] [Read More]
April Trade-In Choices Remain Stable
Thursday, May. 7, 2015, 04:11 AM
Auto Remarketing Canada Staff
Dealertrack Technologies’ TradeTracker Used Vehicle Market Report for the month of April was recently released, reflecting another month of trade-in consistency for Canadian dealers. The Ford F-150 was once again the overall most-appraised vehicle in Canada, followed by the Toyota Corolla and the Honda Civic sedan, all following three-month and year-long trends. The Ford Escape […] [Read More]
Why Auction Direct Joined CPO Movement
Wednesday, May. 6, 2015, 07:44 PM
Joe Overby, Editor
In light of Auction Direct USA entering the certified pre-owned market through a partnership with NIADA, one of the questions that chief executive officer Todd Hoagey acknowledged people might have is this: why does the company need a CPO program? Speaking last week at the partnership’s kick-off event at the Auction Direct store in Raleigh, N.C., […] [Read More]
Volvo Hires New CPO Manager
Wednesday, May. 6, 2015, 07:22 PM
Joe Overby, Editor
Auto Remarketing has learned that Volvo has new leader for its certified pre-owned program to replace Steve Golow, who is now aftersales operations manager for the Southern region at Volvo Cars of North America. Now serving as the national pre-owned manager for Volvo Cars North America is Robert Zilinski, who came over to the company […] [Read More]
FordDirect Announces Group of Internal Promotions
Tuesday, May. 5, 2015, 07:08 PM
Auto Remarketing Staff
FordDirect announced today the promotion of 15 of its employees to senior director and director-level positions in its finance, information technology, sales and marketing, and product strategy departments. The company’s promotions, in their respective departments, include the following, provided by FordDirect: Finance Mia Anderson is promoted from director of cash management and financial analysis to […] [Read More]
Compact Utilities Rising to Top of Segment Pack
Tuesday, May. 5, 2015, 05:37 PM
Auto Remarketing Staff
Though last year’s high gas prices may have pushed some consumers into more fuel efficient rides, with 2015’s low rates, it seems shoppers are making a compromise. Though not swinging back to full SUVs, TrueCar projects compact utilities will become the top-selling U.S. vehicle segment this year, for the first time. Backing up this assertion, […] [Read More]
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