Retail
NADA Maintains Concern as Obama Reveals Finalized CAFE Standards
Wednesday, Aug. 29, 2012, 05:58 AM
Nick Zulovich
When the Obama administration released finalized standards that will increase corporate average fuel economy to the equivalent of 54.5 miles per gallon for cars and light-duty trucks by model-year 2025, a dealer body leader and industry analysts again questioned the ramifications of what federal regulators want. Bill Underriner, chairman of the National Automobile Dealers Association, […] [Read More]
Toyota Announces Final Set of ‘Cars for Good’ Winners
Wednesday, Aug. 29, 2012, 05:54 AM
Auto Remarketing Staff
The public votes are in and the winners haved been determined. Toyota on Tuesday released the names of the final 25 winners in its 100 Cars for Good program, a national philanthropic effort awarding 100 cars to 100 U.S. nonprofits, over the course of 100 consecutive days. The winners were selected each day through public […] [Read More]
HookLogic & PureCars Partner to Help Dealers Generate More Trade-in Acquisitions, Using Gift Card Incentives
Tuesday, Aug. 28, 2012, 03:07 PM
Auto Remarketing Staff
A new partnership between HookLogic and PureCars is meant to turn qualified online leads, from shoppers looking to trade in their vehicles, into showroom visits. HookLogic and PureCars today announced the launch of this new product, called PureCars TradeHook, for subscribing dealerships. Using gift cards as an incentive, PureCars TradeHook encourages car owners to submit […] [Read More]
instaVIN Offers New Service Contract, CPO Offering
Tuesday, Aug. 28, 2012, 05:55 AM
Auto Remarketing Staff
In an effort to help dealers attract and retain used- and new-car customers, instaVIN revealed it has launched two new offerings. Dealers utilizing the company will now be able to purchase certified pre-owned warranties, as well as service contracts. First up, “The new instaVIN CPO program enables franchised dealers to certify their off makes and […] [Read More]
Lithia Motors Expands Rooftop Count in Texas
Tuesday, Aug. 28, 2012, 05:54 AM
Auto Remarketing Staff
Lithia Motors on Monday announced its acquisition of a longtime Texas dealership, boosting the company’s overall number of stores to almost 90. The newly-acquired dealership is Connell Chevrolet in Killeen, Texas, which will now be renamed as All American Chevrolet of Killeen. Lithia reports that the deal adds $60 million in estimated annual revenues to […] [Read More]
Bills to Regulate California BHPH Dealers Continue to Gain Momentum
Monday, Aug. 27, 2012, 08:00 AM
Nick Zulovich
Despite concern from the Independent Automobile Dealers Association of California about how state legislators still do not have firm classification of what a buy-here, pay-here dealer is, bills are continuing to work their way toward becoming law in the Golden State. Repeated opposition from IADAC and others has done little to keep a trio of […] [Read More]
5 New CarMark Dealers Announced
Monday, Aug. 27, 2012, 07:59 AM
Auto Remarketing Staff
Five new locations in five separate states were recently added to the growing number of automobile dealerships throughout the country now offering CarMark Certified Pre-Owned vehicles to consumers, announced today by Bill Zadeits, manager of POADA, which owns the CarMark Certified program. [Read More]
August New-Vehicle Sales Rate Could Be Highest in More Than 4 Years
Monday, Aug. 27, 2012, 07:58 AM
Nick Zulovich
While the expectations may hurt used-vehicle sales, the August new-vehicle sales projection by Kelley Blue Book as well as the forecast developed by J.D. Power and Associates’ Power Information Network and LMC Automotive show franchised dealers are continuing to move new metal at greater rates — possibly the highest clip in more than four years. […] [Read More]
Chrysler Group Employees Help Serve Up 100K Meals in Fight Against Childhood Hunger
Monday, Aug. 27, 2012, 07:54 AM
Auto Remarketing Staff
One in five children are hungry in the Detroit metro area, and thousands of Chrysler employees took to the streets to collect food for the fight. The automaker partnered with United Way for Southeastern Michigan to gather food donations and raise awareness for underused summer meal programs, serving up more than 100,000 meals for children […] [Read More]
Nissan, Toyota Fight Battle of the Sedans; Jumpstart Automotive Reveals Toe-to-Toe Competition for Market Share
Thursday, Aug. 23, 2012, 05:55 AM
Nancy Pardue
Altima versus Camry — which car do more online auto shoppers prefer? A new report sheds light on this battle for best-selling midsize sedan. With Nissan looking to gain ground against longtime segment frontrunner Toyota, Jumpstart Automotive Group evaluated shopper behaviors to reveal the top contender among online consumers so far this year. Jumpstart assessed […] [Read More]
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