Dealer news: Classic Chevrolet to celebrate No. 1 with parade; Florida store earns Audi Elite status
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Ship.Cars’ new partnership adds AI voice agents to its transportation management platform
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Retail
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]
CNW: August Used Sales Likely to Climb 2 Percent
Wednesday, Aug. 22, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
With much of the growth attributable to private-party numbers, used-vehicle sales are expected to climb more than 2 percent year-over-year in August, according to projections from CNW Research. The firm said Tuesday afternoon that there will likely be 3.89 million used sales this month, compared to 3.81 million in the same period of 2011. This […] [Read More]
Larry H. Miller Automotive Group Celebrates New Honda Store, Hosts Grand Opening
Wednesday, Aug. 22, 2012, 05:54 AM
Auto Remarketing Staff
Larry H. Miller Automotive Group is expanding its presence out West with the grand opening of Honda Murray. The new store — located at 5808 South State Street in Murray, Utah — will welcome the public this coming Monday with a grand opening and ribbon-cutting celebration. The event, starting at 1:30 p.m., “will highlight child […] [Read More]
Greater New York Toyota Dealers Offer Unit Payment and Classroom Supply Assistance for Teachers
Tuesday, Aug. 21, 2012, 03:36 PM
Auto Remarketing Staff
Toyota and the Greater New York Toyota Dealers announced that they are joining forces to help educators who might be suffering financial strain during the last month of summer since many are unpaid during this time. Officials said that when licensed teachers in Connecticut, New Jersey or New York lease any new Toyota, dealers will […] [Read More]
Study: Nearly 4 in 10 Buyers Skip Test Drive of Most-Considered Vehicle
Tuesday, Aug. 21, 2012, 05:58 AM
Auto Remarketing Staff
The vehicle test drive has long been the standard for dealerships looking to influence potential buyers by allowing them to experience a car’s ride and features. According to a new study, however, not all buyers are interested in taking the car for a spin. In its Test Drive Study, Maritz Research reports that 11.4 percent […] [Read More]
NHTSA: GM, Suzuki Recalling 350K Units
Tuesday, Aug. 21, 2012, 05:57 AM
Auto Remarketing Staff
Two recalls posted on the National Highway Traffic Safety administration’s website — one from General Motors and the other from Suzuki — cover more than 350,000 units. The larger of the two is associated with the electrical system on several midsize SUVs, including: —2006 Chevrolet Trailblazer EXT and GMC Envoy XL —2006-2007 Chevrolet Trailblazer, GMC […] [Read More]
Toyota Reveals Change in CPO Leadership
Monday, Aug. 20, 2012, 08:00 AM
Auto Remarketing Editor Joe Overby
Auto Remarketing has learned that Toyota has a new leader in its certified pre-owned program. Brad Heagy, who had been the retails sales & operations manager for TCUV/TRAC for the past year, has taken on the role of sales administration manager for the Toyota sales department. He is actually switching roles with Mia Phillips, who […] [Read More]
August Used Sales on Softening Path
Monday, Aug. 20, 2012, 07:59 AM
Nick Zulovich
The string of at least 4 million used-vehicle sales per month appears to be over if CNW Research’s projection for August sales is accurate. CNW is predicting the combination of used sales by franchised and independent dealers as well as private party transactions to come in at 3.89 million this month. The May figure was […] [Read More]
AutoCanada Increases Used Retail Sales 13 Percent During Most Profitable Quarter
Thursday, Aug. 16, 2012, 04:44 PM
Auto Remarketing Staff
AutoCanada’s most recent quarterly performance was the most profitable quarter ever for the company, and its used retail sales climbed by more than 13 percent year-over-year. AutoCanada announced late last week that pre-tax net earnings for the second quarter came in at $8.9 million, up 11.3 percent year-over-year, while EBITDA climbed 9.7 percent to $10.2 […] [Read More]
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