Retail
Volkswagen Group Eyes Sales Objective of 8 Million Units
Monday, Dec. 19, 2011, 08:58 AM
Auto Remarketing Staff
Volkswagen Group believes its goal of moving 8 million units worldwide for the first time is within reach since through November, the German automaker sold 7.51 million units. The figure marks a 13.9-percent rise from last year’s sales total. VW indicated it moved 6.59 million units from January to November of 2010. The OEM is […] [Read More]
Cleveland Dealers Donate $120,000 to NADA Foundation Ambassador Program
Monday, Dec. 19, 2011, 08:55 AM
Auto Remarketing Staff
The Greater Cleveland Automobile Dealers Association recently donated $10,000 each for 12 new ambassadors of the National Automobile Dealers Charitable Foundation. GCADA president Lou Vitantonio highlighted the ambassadorships were presented by GCADA to its past 11 chairmen and current chairman Brian O’Donnell in gratitude of their hard work on behalf of Cleveland-area dealers. With the […] [Read More]
Toronto Dealers Celebrate Anniversary of City Ending Vehicle Tax
Friday, Dec. 16, 2011, 03:45 PM
Auto Remarketing Staff
Exactly one year ago today, the Toronto City Council repealed the Personal Vehicle Tax that required drivers to pay $60 for each car registered in the city and $30 for each motorcycle or moped. In light of this anniversary, Toronto’s car dealers came out in celebration to commemorate the end of what they called a […] [Read More]
Former Chrysler Boss LaSorda Returns as New Fisker Exec
Friday, Dec. 16, 2011, 06:55 AM
Auto Remarketing Staff
Tom LaSorda is back in the automaker business. The former chief executive officer, president and vice chairman of Chrysler Group revealed Thursday he is joining electric vehicle manufacturer Fisker Automotive in the newly created role of vice chairman of the board and chairman of the board’s strategy council. The company indicated LaSorda will also work […] [Read More]
DCH Auto Group Opens 28th Dealership
Friday, Dec. 16, 2011, 06:54 AM
Auto Remarketing Staff
Earlier this week, DCH Auto Group opened of the company’s newest dealership, DCH Kia of Temecula, located in Temecula, Calif. Residing on Ynez Road in Temecula, Kia of Temecula is situated so it’s near three other DCH dealerships: DCH Acura of Temecula, DCH Honda of Temecula and DCH Chrysler Jeep Dodge of Temecula. DCH Kia […] [Read More]
Chrysler to Reopen Viper Plant in Detroit
Thursday, Dec. 15, 2011, 06:55 AM
Auto Remarketing Staff
Dealers know the model as “The Snake.” And it’s coming back to life in Detroit. Chrysler decided Wednesday it will reopen its Conner Avenue Assembly Plant in Detroit for the production of the next generation SRT Viper. The automaker recounted the Conner facility was idled when production of the Dodge Viper ended in July of […] [Read More]
SoCal Penske Unveils New Buick GMC Rooftop
Wednesday, Dec. 14, 2011, 04:36 PM
Auto Remarketing Staff
SoCal Penske is gearing up to usher in Penske Buick GMC of Cerritos, a new showroom set to open Thursday at the corner of Studebaker Road and 183rd Street in the Cerritos Auto Square. After opening to the public, official highlighted Penske Buick GMC of Cerritos will operate in its new premium, state-of-the-art, energy efficient […] [Read More]
Toyota Centers Second Annual Shareathon on Twitter
Tuesday, Dec. 13, 2011, 06:57 AM
Auto Remarketing Staff
With Twitter and social media at the center of the campaign, Toyota Motor Sales USA launched its second annual Shareathon program Monday. Customers can tweet about their plans to buy or a lease a new Toyota during Toyotathon and earn a $500 prepaid debit card. Building on the success of last year’s program, the automaker […] [Read More]
Cars.com Reveals New Models Chosen as ‘Best of 2012’ Nominees
Tuesday, Dec. 13, 2011, 06:54 AM
Auto Remarketing Staff
With the winner set to be revealed at the 2012 North American International Auto Show in Detroit, Cars.com announced which models were in the running for the “Best of 2012” awards. This year’s nominees are the Audi A7, Hyundai Accent, Hyundai Veloster, Land Rover Range Rover Evoque, Subaru Impreza and Volkswagen Passat. [Read More]
Toyota Cuts 2012 Profit Projection
Monday, Dec. 12, 2011, 08:57 AM
Auto Remarketing Staff
Just days after assuring its North American production was back on track to keep franchised dealers with ample supply of new models, Toyota Motor Co. acknowledged a downgrade for its projected 2012 financial performance. Toyota dropped its profit forecast 54 percent after Thailand’s worst floods in almost 70 years disrupted output of Camry and Prius […] [Read More]
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