
Dealer news: Asbury closes Herb Chambers deal; philanthropy from Texas dealers; Sonic all in on historic rally
Tuesday, Jul. 22, 2025, 03:27 PM

5 EVs among top 10 used cars with largest retail price drops in June
Tuesday, Jul. 22, 2025, 10:51 AM

Rivian to open East Coast HQ in Atlanta
Friday, Jul. 18, 2025, 02:17 PM
Retail
Ford Recalls 2012 Focus to Correct Wiper Issue
Tuesday, Apr. 10, 2012, 05:55 AM
Auto Remarketing Staff
National Highway Traffic Safety Administration officials announced the Ford Focus from the current model year is the latest vehicle to be recalled. A total of 140,310 units — the 2012 Focus that Ford manufactured from Aug. 1, 2010 through Oct. 18 — may have a missing seal in the wiring harness connector to the passenger […] [Read More]
CarMax Posts Double-Digit Gain in Yearly Earnings
Monday, Apr. 9, 2012, 08:00 AM
Auto Remarketing Staff
Both retail and wholesale gains as well as strengthening performance of its finance division all combined to push CarMax’s fiscal year net earnings higher by 10 percent, according to the company’s financial report released late last week. CarMax’s fiscal year 2012 net earnings came in at $413.8 million or $1.79 per diluted share, up 10 […] [Read More]
NIADA Names CPO Program Administrator
Monday, Apr. 9, 2012, 07:59 AM
Auto Remarketing Staff
The National Independent Automobile Dealers Association announced last week that it has chosen an administrator for its all-new NIADA Certified Pre-Owned Vehicle Program. Tapped for the role was Warrantech, an AmTrust Financial Services company. Warrantech, a provider of extended service contracts for the automotive industry will “administer the plan, handle and address all post-sale customer needs, […] [Read More]
Subaru Canada Offers Expanded Maintenance Schedule
Thursday, Apr. 5, 2012, 04:20 PM
Auto Remarketing Staff
In light of data suggesting the automaker’s cars tend to stay on the road quite a while, Subaru Canada rolled out a new 500,000-kilometer maintenance schedule designed to prompt owners of older units to continue stopping by the dealership service shop after the warranty expires. Citing the automaker’s Canadian sales data and R.L. Polk Canadian […] [Read More]
Ford Tops Canadian New-Car Market in March; Chrysler Claims 1Q Lead
Thursday, Apr. 5, 2012, 03:57 PM
Auto Remarketing Editor Joe Overby
The Canadian new-vehicle market climbed nearly 3 percent in March with several brands enjoying record sales, closing what was a strong first quarter. Specifically, there were 157,750 new vehicles sold in Canada last month, up 2.8 percent year-over-year, according to the latest Market Snapshot from DesRosiers Automotive Consultants. Through March, sales have reached 361,959 units […] [Read More]
Toyota’s Lentz: ‘It’s Not About Being the Biggest’
Thursday, Apr. 5, 2012, 05:56 AM
Auto Remarketing Staff
Toyota wants to be more than just a big car company. After rattling off some of the automaker’s accolades and future products Toyota Motor Sales USA president and chief executive officer Jim Lentz made a profound statement during his address at the Bank of America Merrill Lynch 2012 New York Auto Summit on Wednesday. “Phenomenal […] [Read More]
AIADA: Imports Command Strongest Market Share in Year
Thursday, Apr. 5, 2012, 05:54 AM
Auto Remarketing Staff
Import brands grabbed their largest U.S. market share in a year and pushed sales up 12 percent during March, according to the American International Automobile Dealers Association, which released its monthly look at import automaker sales on Wednesday. Overall, imports moved 791,169 new vehicles in the U.S. last month for a 12-percent year-over-year gain, AIADA […] [Read More]
NADA: Factory-Mandated Dealership Renovation Programs Must Be Fair, Reasonable and Flexible
Wednesday, Apr. 4, 2012, 05:55 AM
William Underriner
There is great and very understandable angst among dealers over automaker programs that require expensive dealership renovations, especially when they appear arbitrary and do nothing to sell more cars or satisfy customers. The National Automobile Dealers Association helped elevate the current national debate over manufacturer-mandated facility upgrades by commissioning the first-ever facility study. [Read More]
Fire Reports Trigger NHTSA Investigation of Cruze and Wrangler
Tuesday, Apr. 3, 2012, 05:59 AM
Auto Remarketing Staff
Consumer-reported fires in a pair of late-model domestic vehicles triggered an investigation by the National Highway Traffic Safety Administration. Federal officials explained they are examining the 2011 Chevrolet Cruze and 2011 Jeep Wrangler to determine the cause of consumer complaints they have received recently. The Office of Defects Investigation (ODI) has received two complaints of […] [Read More]
Pollak: Knowing Cost, the Customer Sets the Price
Tuesday, Apr. 3, 2012, 05:57 AM
Dale Pollak
This is the headline from a New York Times article that discusses how brick-and-mortar retailers like J.C. Penney are re-thinking their pricing due to the increasing smarts of their Internet-powered customers. The article’s relevant for dealers because it underscores two new realities of today’s business: 1. Pricing is a means to drive traffic, not make […] [Read More]
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