Retail
NADA: Bill to Eliminate Obsolete Insurance Booklet Passes Through House Subcommittee
Friday, Jun. 8, 2012, 05:58 AM
Auto Remarketing Staff
The National Automobile Dealers Association announced Thursday the U.S. House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade passed H.R. 5859, a bill that eliminates a requirement that dealers provide information on auto insurance costs to customers. Officials explained that the bill, which is strongly endorsed by NADA, also eliminates a $1,000 fine per […] [Read More]
New Kbb.com Classifieds Can Extend Dealers’ Reach
Friday, Jun. 8, 2012, 05:58 AM
Nancy Pardue
Dealers have a new opportunity to influence their position in online search results with a just-announced tool that presents their inventory to a unique audience of car buyers. Kelley Blue Book, in partnership with its parent company, AutoTrader.com, on Thursday announced its new Classifieds shopping experience on Kbb.com, as an innovative way for dealers to […] [Read More]
Upcoming Free ARTS Webinar Geared Toward Summer Selling Season
Friday, Jun. 8, 2012, 05:57 AM
Auto Remarketing Staff
With strategies and tips to give dealers and managers the tools they need to have a successful summer selling season, the next free Auto Remarketing Training Series Webinar is bringing together experts from Kelley Blue Book, Carfax and vAuto. The free session is scheduled for 2 p.m. ET on Tuesday. The expert panel includes: —Rob […] [Read More]
Mazda Canada Sees CPO Progress; Automakers Report Certified Gains
Thursday, Jun. 7, 2012, 05:16 PM
Auto Remarketing Editor Joe Overby
Three months into the program and Bryan Leaitch — Mazda Canada’s manager of certified pre-owned — has already seen some progress and good signs from dealers. Since debuting Mazda Canada’s CPO offering in March, the automaker has sold 941 CPO units, including 360 certified sales in May alone. As the program continues to grow, Leaitch […] [Read More]
NCM Celebrates First Graduating Class of General Management Executive Program
Thursday, Jun. 7, 2012, 05:54 AM
Auto Remarketing Staff
The auto industry has a new group of leaders celebrating their success as the first-ever graduates of a new management training program. Students of NCM Associates’ General Management Executive Program for franchised dealers celebrated their graduation on Wednesday. “I am very proud of each one of today’s graduates; they have worked diligently to balance the […] [Read More]
OIADA Applauds New Law for Mandated Training Before Used Dealers Receive License
Wednesday, Jun. 6, 2012, 06:00 AM
Nick Zulovich
Jim Mitchell wanted to witness Ohio Gov. John Kasich sign Senate Bill 245 into law earlier this week since the legislation eight years in the making is aimed at assisting independent dealers in becoming successful. The executive director the Ohio Independent Auto Dealers Association cheered the passage of the measure that mandates dealers must go […] [Read More]
Better Used-Car Buys Found in the Big City, New Study Finds
Wednesday, Jun. 6, 2012, 05:55 AM
Auto Remarketing Staff
According to a new study, used-car deals get better — hundreds of dollars better — as ya shopper heads toward the big city. In all but two states studied in CarGurus’ latest survey, dealers within a 50-mile radius of a major city center offer better deals on their used-car inventory than those located farther outside […] [Read More]
Group 1 Continues Florida Expansion
Tuesday, Jun. 5, 2012, 02:35 PM
Sarah Rubenoff
Group 1 Automotive — which made it into Auto Remarketing’s "Top 125 Used-Car Dealer Groups" feature that can be found in the June 15 issue — said Monday it has made another acquisition in the Sunshine State. Three weeks after revealing the purchase of two stores in the Panama City, Fla., market, Group 1 announced […] [Read More]
CPO Sales Back in Black
Tuesday, Jun. 5, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
Following the first year-over-year decline in certified pre-owned sales in six months, the market got right back on the upswing in May. CPO sales last month jumped more than 8 percent year-over-year and bested April’s total by 9.7 percent, according to Autodata Corp., which said dealers moved 156,997 certified vehicles in May. [Read More]
Used-Car Search Engine Debuts
Monday, Jun. 4, 2012, 07:43 PM
Auto Remarketing Staff
Dealers have another resource for marketing their used cars, both locally and across the nation. With a posted online directory claiming more than 99,000 dealers, the newest website from eNetBrands.com is used-car search engine Carzr.com. The search engine brings together used-car listings from top sites around the web, the company reports, including Craigslist, Backpages, Cars.com […] [Read More]
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