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Retail
Details of Newest Toyota & Infiniti Recalls
Monday, Sep. 30, 2013, 05:57 AM
Auto Remarketing Staff
Last week, two Asian automakers announced vehicle recalls totaling more than 700,000 units. The larger of the campaigns came from Toyota Motor Sales USA, which said it will conduct a voluntary safety recall involving approximately 615,000 Sienna minivans from model years 2004 through 2005, and 2007 through 2009. The reason: To address problems with the […] [Read More]
Steps to Keep Employees Motivated
Monday, Sep. 30, 2013, 05:55 AM
Auto Remarketing Staff
Ever wonder how to keep your employees motivated? Customers are bound to respond positively to motivated employees who obviously enjoy their work in the dealership, but the question is how to get there. Dennis Galbraith, the new chief marketing officer at Potratz Partners Advertising covers this and more in his latest “Hard Facts with Dennis […] [Read More]
Used Sales Predictions Coming in Slightly Lower than Seen in August
Friday, Sep. 27, 2013, 05:59 AM
Auto Remarketing Staff
As September draws to a close, the used-car sales projections are rolling in. Showing some signs of seasonality, sales projections are coming in a bit lower than seen in August. Edmunds.com is estimating 3.01 million used cars will be sold this month — a number that constitutes a SAAR of 36.2 million, compared to 3.04 […] [Read More]
KBB Offers September’s ‘Hottest’ Deals as Leasing Continues to Grow in Popularity
Friday, Sep. 27, 2013, 05:58 AM
Auto Remarketing Staff
With Oct. 1 marking the traditional start of the new model year, manufacturers are offering some hot deals on leases as this date approaches, perhaps in an effort to help dealers move 2013 model-year vehicles off their lots. Kelley Blue Book picked out some of the best lease deals for this month — many of […] [Read More]
Ford Chooses CPO Consultation Provider
Friday, Sep. 27, 2013, 05:58 AM
Auto Remarketing Staff
It was announced this month that Ford has selected the Automotive Services Division of SGS North America as the new consultation provider for the company’s certified pre-owned program. Under the partnership, SGS Automotive Services will validate the company’s dealership CPO processes, officials noted. SGS offers Ford dealership visits and customer service assessment, giving the automaker’s […] [Read More]
Fiat Opens First Showroom Within San Francisco City Limits
Friday, Sep. 27, 2013, 05:54 AM
Auto Remarketing Staff
San Francisco residents interested in a Fiat for their next vehicle need not travel far. The first Fiat showroom in The City by the Bay has opened its doors in the Van Ness Avenue corridor. Located at 1595 Van Ness Ave., the first FiatT studio within the San Francisco city limits is right on the […] [Read More]
Kia Canada Makes it Easier for Dealers to Find Inventory Online
Thursday, Sep. 26, 2013, 02:18 PM
Auto Remarketing Canada Staff
Kia Canada Inc. announced a new online tool for dealers, fleet and rental partners that should make acquiring pre-owned and CPO vehicles a bit easier in this tight supply environment. Kia has partnered with web-based auction AutoGavel Exchange — powered by North Toronto Auction — to offer another online inventory option for dealers. [Read More]
Alternative Fuel Vehicles Perform Well in this Year’s Vincentric Best Value in Canada Awards
Wednesday, Sep. 25, 2013, 03:11 PM
Auto Remarketing Canada Editor Sarah Rubenoff
The 2013 Vinventric Best Value in Canada awards were recently released, with three brands, in particular, topping the charts. First up, Toyota received its second consecutive award as Best Value Passenger Car Brand and picked up eight individual vehicle awards. Mercedes-Benz dominated the luxury category, retaining its Best Value Luxury Brand title and also picking […] [Read More]
Analysts Dissect Impact of Chrysler IPO Financially and in the Showroom
Wednesday, Sep. 25, 2013, 06:00 AM
Nick Zulovich
Back in 2010, General Motors outlined its plans for an initial public offering in order to generate funds the automaker could use to repay the U.S. Treasury. This week, Chrysler filed paperwork for an IPO, too, but the purpose and potential outcome might not be as straightforward. When asked by Auto Remarketing to explain what […] [Read More]
Reasons Behind Wholesale, Retail Used Gains for CarMax & Impact on Earnings
Tuesday, Sep. 24, 2013, 03:21 PM
Auto Remarketing Staff
Double-digit gains in retail and wholesale used-vehicle sales were among the key drivers cited by CarMax leadership in explaining the significant hikes the company saw in its sales and earnings during the second quarter of its 2014 fiscal year. It was what CarMax called better execution in its stores and a favorable consumer credit environment […] [Read More]
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