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Retail
11 Best-Ever CPO Records Set in August
Monday, Sep. 9, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
In what turned out to be the best certified pre-owned month ever – and the first time the market broke 200,000 sales — 11 CPO programs were found to have posted record sales last month, according to Autodata Corp. Reaching all-time highs were Audi, Honda, Hyundai, Kia, Mazda, Mercedes-Benz, Mini, Nissan, Porsche, Subaru and Toyota, […] [Read More]
Mazda Bolsters CPO Program with Additional Models and Warranty
Monday, Sep. 9, 2013, 05:59 AM
Auto Remarketing Staff
Coming off a record-high month for sales, Mazda North American Operations rolled out enhancements to its certified pre-owned program last week. In addition to the existing three-year AutoCheck Buyback Protection, Mazda now will offer its CPO customers an additional 12-month/12,000-milelimited warranty. The automaker said it is also adding one year and 20,000 miles to CPO […] [Read More]
Pollak: 4 Critical Conditions for Success
Monday, Sep. 9, 2013, 05:56 AM
Dale Pollak
Below is a question from a Velocity dealer, and my response: Dale, I have a question that has been lingering in my head, and I would be honored to get your input to it. I value your experience and expertise. I am working very hard to make our pre-owned operation successful, since our “New Car” […] [Read More]
Toyota Reveals Finalists for 3rd Year of ‘100 Cars for Good Program’
Monday, Sep. 9, 2013, 05:54 AM
Auto Remarketing Staff
Toyota is gearing up for the third year of its 100 Cars for Good Program, naming its new finalists late last week. The campaign awards 100 vehicles during the course of 100 days to 100 nonprofit organizations based on votes from the public. This year, 250 new nonprofit organizations have been named finalists in the […] [Read More]
Monthly CPO Sales Eclipse 200K for the First Time
Friday, Sep. 6, 2013, 06:00 AM
Auto Remarketing Staff
For the certified pre-owned market, it truly might be the best of times. With leasing volumes at a record high, creating inventory for down the road, Autodata Corp. reported on Thursday that monthly CPO sales surpassed 200,000 units for the first time. Analysts tallied up August’s total and found the figure came in at 200,332 […] [Read More]
Chrysler Canada Gears Up For 8th Season of Helping Support ‘Hockey Families’
Thursday, Sep. 5, 2013, 02:57 PM
Auto Remarketing Canada Staff
Chrysler Canada is gearing up for the eighth season of its Dodge Caravan Kids Program. The program works to support children and families facing the financial struggle that can come with playing Canadians' favorite pastime — hockey. These financial burdens can include hockey registration fees, gear and more. That’s where Dodge Caravan Kids comes in […] [Read More]
Ford on Track for Record CPO Sales Year
Thursday, Sep. 5, 2013, 05:59 AM
Auto Remarketing Staff
Ford declared this week that the OEM is on pace to set an all-time certified pre-owned vehicle sales record this year with 228,000 Ford, Lincoln, Mercury CPO sales. Should the Blue Oval hit that level, it would represent a 32-percent growth in sales versus last year. Early reports to Auto Remarketing showed that Ford turned […] [Read More]
Toyota Issues 2 Recalls Totaling 235K Units
Thursday, Sep. 5, 2013, 05:56 AM
Auto Remarketing Staff
Toyota Motor Sales USA rolled out two voluntary safety recalls this week for a mix of sedans and crossovers. One campaign involves approximately 133,000 Toyota Highlander Hybrids from the 2006 through 2010 model years as well as Lexus RX 400h vehicles from the 2006 through 2008 model years. The other involves approximately 102,000 Lexus vehicles, […] [Read More]
NADA: Registration Steady for Next Convention
Thursday, Sep. 5, 2013, 05:55 AM
Auto Remarketing Staff
Officials from the National Automobile Dealers Association said this week that registration for the 2014 NADA Convention & Expo in New Orleans remains steady, which has resulted in several hotels filling up quickly. Previously reported as sold out, NADA indicated a limited number of rooms have been added to several popular hotels, which include the […] [Read More]
CNW: August Used Sales Rise 5 Percent
Wednesday, Sep. 4, 2013, 06:00 AM
Auto Remarketing Staff
With the last day of August coming as part of Labor Day weekend, CNW Research tabulated that the used-vehicle sales figure for the month jumped 5.6 percent year-over-year. Combining sales at franchised and independent dealerships as well as private-party transactions, CNW found August sales came in at 4.1 million units, up from the 3.9 million […] [Read More]
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