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Latest Stories
Retail
EXCLUSIVE PREVIEW: How Franchised Dealers Can Push Used Retail Operations to Success in 2013
Wednesday, Jan. 9, 2013, 07:00 AM
Auto Remarketing Editor Joe Overby
As Jack Anderson puts it, a dealer today can’t just be good at one thing. With slimmer profit margins throughout the dealership, each department has to be humming along for the store to find success. “The margins in an automobile dealership in any area have lessened over the years,” said Anderson, the used-vehicle director at […] [Read More]
AskPatty.com Expands Programs to Connect Women & Auto Industry
Wednesday, Jan. 9, 2013, 06:56 AM
Auto Remarketing Staff
A company that says female customers account for more than 80 percent of all automotive purchase decisions in North America this week announced a significant expansion of its product offerings to help auto retailers connect with this important market. . On Tuesday, AskPatty.com said it is growing the ways its network of Certified Female Friendly […] [Read More]
Making CPO a Focal Point at Your Dealership
Tuesday, Jan. 8, 2013, 03:32 PM
Auto Remarketing Editor Joe Overby
In November, Mazda’s certified pre-owned program hit a record dealer enrollment count with 608 stores signed on. Over at Ford, its CPO leadership talked recently about how dealership participation has improved, and subsequently shared how dealers and other parties have, as national CPO sales manager Todd Fites put it, “embraced the challenge of growing […] [Read More]
Second Straight Year of Record CPO Sales
Monday, Jan. 7, 2013, 04:33 PM
Auto Remarketing Editor Joe Overby
The certified pre-owned market reached 1.8 million annual sales for the first time in history and hit a best-ever mark for the second straight year, according to Autodata Corp. In 2012, there were 1.83 million CPO sales, which was an improvement of 5.3 percent — or more than 92,000 units — over the full-year sum […] [Read More]
Expected High New-Vehicle Registrations for 2013 May Boost Used Sales
Monday, Jan. 7, 2013, 08:59 AM
Sarah Rubenoff
News hit the stands Tuesday suggesting that 2012 marked the best used-vehicle market in five years, as CNW Research reported that full-year used sales came in at 40.5 million units. However, the jury is still out when it comes to predictions for 2013. But as many industry experts voice expectations for record level new-car registrations […] [Read More]
GM Recalls 55K Trucks & Vans to Correct Possible Steering Column Defect
Monday, Jan. 7, 2013, 08:57 AM
Auto Remarketing Staff
General Motors announced late last week that it is recalling about 55,000 full-size trucks and vans in the United States to inspect the steering column for a possible defect. GM said it knows of no crashes or injuries related to the condition. If the steering column defect is present, the automaker said one or more […] [Read More]
More Than 630K Subaru Units Included in Campaign to Correct Door Light Issue
Friday, Jan. 4, 2013, 06:57 AM
Auto Remarketing Staff
Subaru of America is summoning a total of 633,842 units in hopes of repairing the 53,999 vehicles that need a remedy to fix an issue with door lights. Company officials clarified to Auto Remarketing on Thursday that Subaru is including such a large number of models because only a portion of the requested vehicles may […] [Read More]
Group 1 Adds to Lineup in Kansas City Area
Friday, Jan. 4, 2013, 06:55 AM
Auto Remarketing Staff
Group 1 Automotive has expanded its presence in the Kansas City metropolitan area with the purchase of a Kia dealership in Overland Park, Kan. The retailer announced the purchase of Shawnee Mission Kia earlier this week, noting the store will likely bring in an estimated $65 million in revenue each year. This move follows a […] [Read More]
Holman Automotive and ARI Donate $50K to Sandy Relief
Friday, Jan. 4, 2013, 06:54 AM
Auto Remarketing Staff
In a show of support for those affected by Hurricane Sandy, vehicle fleet management firm ARI and its parent company, Holman Automotive Group, made a $50,000 donation to the American Red Cross. The check presentation, made on Dec. 12 at ARI, is meant to aid ongoing efforts to support storm victims as they rebuild. “So […] [Read More]
Chrysler Group Recalls Select 2013 Ram 1500 Pickups in Canada
Wednesday, Jan. 2, 2013, 09:03 PM
Auto Remarketing Canada Staff
Chrysler Group revealed over the holidays it will be making a recall in Canada regarding 2013 Ram 1500 pickups. The 3,021 trucks being recalled need to have their daytime running lights — which are required by Canadian law — activated. Explaining the recall, the OEM shared that production schedules supplied to Chrysler Group assembly plants […] [Read More]
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