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Retail
How Individual Brands Performed in CPO Market Last Month
Tuesday, Apr. 9, 2013, 04:10 PM
Auto Remarketing Editor Joe Overby
March was the strongest certified pre-owned month ever, and year-to-date sales mark the best quarter in the history of the market, according to Autodata Corp. Not to mention, the number of brands hitting best-ever sales was in the double digits. Here’s a breakdown of how individual brands fared in March, based on data from Autodata […] [Read More]
Buick Achievers Program Names First Five Scholarship Recipients
Tuesday, Apr. 9, 2013, 04:05 PM
Sarah Rubenoff
The Buick Achievers Scholarship Program has revealed the first five of 100 U.S. high school and undergraduate college students that will receive up to $25,000 in annual scholarships for “demonstrating excellence in the classroom and in the community.” [Read More]
NCM Bolsters Dealer Support Staff with 2 New Associates
Tuesday, Apr. 9, 2013, 02:15 PM
Auto Remarketing Staff
Bringing more than four decades of industry experience with them, NCM Associates hired two new associates to serve its retail automotive clientele this week. Joining the dealership training firm are Mark Shackelford and Kevin Herndon. Shackelford, formerly of the National Automobile Dealers Association, joined NCM as executive conference moderator for the 20 Groups division under […] [Read More]
114 Acura Stores Receive Dealer of Distinction Award
Tuesday, Apr. 9, 2013, 02:14 PM
Auto Remarketing Staff
American Honda Motor Co. has recognized 114 Acura dealers with this year’s Precision Team – Dealer of Distinction Award, which recognizes stores that “exemplify the core values of the brand.” The company indicated that objectives of the award — which was created in 1987 — are adjusted every year “to continually challenge dealerships to excel […] [Read More]
Best-Ever Month & Quarter for Certified Sales
Tuesday, Apr. 9, 2013, 06:00 AM
Auto Remarketing Editor Joe Overby
The best-ever month for certified pre-owned sales capping the best-ever quarter in the CPO market. A slew of brands achieving their best certified sales in history. Sound familiar? It should. [Read More]
NIADA Announces Upcoming Health Insurance Exchange & ShipCarsNow Partnership Renewal
Monday, Apr. 8, 2013, 07:57 AM
Auto Remarketing Staff
On the same day the National Independent Automobile Dealers Association revealed its plans for a Health Insurance Exchange for its members, the association also announced Friday that ShipCarsNow has re-signed as a National Member Benefit Partner with NIADA. This move was designed to give independent dealers easy access to affordable auto transport, officials said. [Read More]
More CPO Sales Roll In; Market Looking Healthy
Thursday, Apr. 4, 2013, 05:59 AM
Auto Remarketing Editor Joe Overby
As more automakers report results from March, the certified pre-owned market is looking stronger and stronger. The combined certified sales in March for the Chevrolet, Buick, GMC and Cadillac brands at General Motors, for example, jumped nearly 12 percent year-over-year. Specifically, they combined to move 33,047 CPO units, which was their best March sales total […] [Read More]
Hyundai, Kia Recalling Nearly 2M Late-Model Units
Thursday, Apr. 4, 2013, 05:56 AM
Auto Remarketing Staff
Hyundai and Kia are recalling close to 2 million vehicles in three separate campaigns, according to the National Highway Traffic Safety Administration. More than half of that figure — 1,059,824 vehicles to be exact — are connected with Hyundai’s recall of seven different models because the stop lamp switch in the affected vehicles may malfunction. […] [Read More]
InspectMyRide Expands Verification Service to Older Vehicles
Thursday, Apr. 4, 2013, 05:54 AM
Auto Remarketing Staff
Dealers and consumers know the value of a thorough used-vehicle inspection, especially when buying online. Now, a division of DataScan Field Services expands inspections to include older-model cars. Offered by InspectMyRide, a division of automotive inspection company DataScan Field Services, the new Basic Verification service can help buyers make a more informed decision. While Basic […] [Read More]
March’s Used Sales Total Tops 3M for First Time in 11 Years
Wednesday, Apr. 3, 2013, 05:55 AM
Nick Zulovich
CNW Research’s used-vehicle sales projection came to fruition as analysts determined the industry produced its best March since 2002 — thanks in part to activity associated with older vehicles and younger buyers. Used sales surpassed 3 million in March, creating an 11-percent year-over-year lift. The total came in at just above 3 million, up from […] [Read More]
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