CPO sales estimates for May reflect current choppy used-car sales environment
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Retail
40-Plus Dealers Earn Women’s Choice Award for Service
Tuesday, May. 28, 2013, 03:33 PM
Auto Remarketing Staff
More than 40 dealerships from across the country have been named recipients of the Women’s Choice Award, presented by WomenCertified. The dealerships earned the award via customer surveys done by the company, which showed that nine out of 10 of the dealerships’ female customers would highly recommend them to family and friends for their levels […] [Read More]
Hottest Year for Used Sales in More than a Decade
Tuesday, May. 28, 2013, 08:00 AM
Auto Remarketing Editor Joe Overby
Though not without recent bumps in the road, if there’s any question as to how the overall used-vehicle sales picture is looking this year, data from CNW Research provided to Auto Remarketing may provide the answer. It has been more than a decade since year-to-date used-vehicle sales at April’s end have been as high as […] [Read More]
Pollak: A Look At The Inventory Acquisition Specialist Position
Tuesday, May. 28, 2013, 07:58 AM
Dale Pollak
As car dealers realize they need to expand their “net” to acquire cars, many recognize the typical used-vehicle manager isn’t fully up to the task. I’m not talking about the manager’s ability or skill, although that can often be an impediment as online sources play a larger role in a used-vehicle department’s acquisition. The bigger […] [Read More]
Sonic to Broaden Denver Footprint with Acquisition
Tuesday, May. 28, 2013, 07:57 AM
Auto Remarketing Staff
Sonic Automotive announced late last week an upcoming expansion in its network of stores. The retailer has entered a deal to purchase two franchises from Denver-based Murray Motor Imports Co. With the eventual purchase of Murray BMW of Denver and Mercedes-Benz of Denver, Sonic will have four stores in the Denver market. It already owns […] [Read More]
Audi Starts Program to ‘Match’ US Veterans With Dealership Service Openings
Tuesday, May. 28, 2013, 07:56 AM
Auto Remarketing Staff
In an effort to cut down on U.S. veteran unemployment rates, Audi announced late last week it is beginning its “Veterans to Technicians Program.” The company contends this program immediate needs for both U.S. veterans and Audi retailers “who expect higher demand for service technicians, shop foremen and service consultants as the brand continues its […] [Read More]
Changed Mindset Nets Huge Used Retail Opportunity for Hendrick Automotive Group
Friday, May. 24, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
Hendrick Automotive Group saw an opportunity for change. As president and chief executive officer Ed Brown put it, the retailer was wholesaling “too many” of its used cars. There were potential bottom-line benefits for the dealer group if it were to take units that it would ordinarily wholesale and sell them retail instead. Thus, as […] [Read More]
Avis Budget’s Ultimate Test Drive Program Now Taking Trade-Ins
Friday, May. 24, 2013, 05:57 AM
Auto Remarketing Staff
Avis Budget Group’s Ultimate Test Drive — the company’s car sales initiative — is now accepting trade-in vehicles. Avis Budget has collaborated with AutoNation for Ultimate Test Drive, which “offers consumers a no-haggle, no-hassle process and features a wide selection of late-model Avis and Budget rental vehicles for purchase at competitive prices.” [Read More]
Automotive Industry Continues to Rally Behind Oklahoma Tornado Victims
Friday, May. 24, 2013, 05:55 AM
Auto Remarketing Staff
As relief efforts for victim’s of the tornadoes that ripped through Oklahoma earlier this week ramp up, companies in the auto space continue to lend a hand. Among those joining the fight and helping out were Cox Enterprises (parent company to Manheim), Ford, Mazda and Toyota. For example, Cox, in partnership with The James M. […] [Read More]
April’s Top Sellers for Canadian Market
Thursday, May. 23, 2013, 02:33 PM
Auto Remarketing Canada Editor Sarah Rubenoff
When searching for a new ride, which models are catching the eyes of Canadian consumers? This past April, the most popular passenger car in Canada was the Hyundai Elantra, which notched 5,535 sales, DesRosiers Automotive Consultants Inc. reported. This marks a 3-percent year-over-year improvement for the No. 1 passenger car in the country. Coming in […] [Read More]
10 Best SUVs Under $25K Named By KBB.com
Thursday, May. 23, 2013, 05:58 AM
Auto Remarketing Staff
As summer travel season gets under way, including the family road trip, dealers may want to push affordable SUVs — and new SUV rankings by Kelley Blue Book could help that sales initiative. KBB.com released its inaugural listing of experts’ recommendations this week, as the 10 Best SUVs Under $25,000 in 2013. Coming in on […] [Read More]
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