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Retail
Marchionne Named United Way Campaign Chair; Chrysler Sees 26-Percent Sales Gain
Monday, Jan. 9, 2012, 08:57 AM
Auto Remarketing Staff
On the heels of achieving a 26-percent year-over-year sales hike, Chrysler announced Friday that chairman and chief executive officer Sergio Marchionne will now serve as campaign chair for the United Way for Southeastern Michigan 2012 campaign. His responsibilities as campaign chair of the community betterment non-profit includes heading up the recruitment of leaders within the […] [Read More]
AAS to Manage Maryland/Delaware Independent Dealer Association
Monday, Jan. 9, 2012, 08:54 AM
Auto Remarketing Staff
It was announced late last week that Automotive Association Services will now provide management services to the Maryland/Delaware Independent Automobile Dealer Association. Also, AAS has named an associate director to assist with its new partnership. Tapped for the position is Brad Hudson. Officials noted that the relationship between AAS and MIADA-DIADA began on the first […] [Read More]
To Quell Fire Concerns, GM Unveils Battery Structure Enhancements to Chevrolet Volt
Friday, Jan. 6, 2012, 07:00 AM
Auto Remarketing Staff
General Motors hopes it now has dashed any safety concerns about the Chevrolet Volt’s battery catching on fire long after a collision, thanks to engineering modifications revealed Thursday. The automaker announced enhancements to the vehicle structure and battery coolant system in the Volt that would further protect the battery from the possibility of an electrical […] [Read More]
Kbb.com Names Best Used Models for Under $8,000
Friday, Jan. 6, 2012, 06:57 AM
Auto Remarketing Staff
Kelley Blue Book released Thursday a list of the 10 Best Used Cars under $8,000, pushing the consumer base towards the option of pre-owned vehicles. Though quality used inventory remains scarce, KBB contends there are still ways to get into a “good (and modern)” used vehicle without spending too much money. With well-known models like […] [Read More]
DealerRater Rolls out 2012 Dealer of the Year Award Program
Friday, Jan. 6, 2012, 06:55 AM
Auto Remarketing Staff
DealerRater kicked off its 2012 Dealer of the Year Award Program on Thursday with the campaign climaxing during next month’s National Automobile Dealers Association Conference & Exposition in Las Vegas. Officials recapped that DealerRater’s program highlights a select number of dealerships throughout the United States and Canada. These stores will be awarded for outstanding customer […] [Read More]
Hyundai Motor America Reveals Plans, Rendering for New U.S. Headquarters
Thursday, Jan. 5, 2012, 06:56 AM
Auto Remarketing Staff
Hyundai Motors is celebrating a new beginning, as well as presenting its “vision for the future," with the release of a rendering of its proposed new headquarters in Fountain Valley, Calif. The new building — to be built in the OEM’s U.S. base of operations for the past 20 years — will represent more than […] [Read More]
Report: NBC Sells Out of Super Bowl Ad Slots
Wednesday, Jan. 4, 2012, 06:59 AM
Auto Remarketing Staff
If automakers want to make a big advertising splash for their franchised dealers during the Super Bowl, they better have their spot reserved or they might be just watching like millions of others. The broadcaster of this year’s game, NBC Sports, said on Tuesday it has sold out its 30-second advertising spots for this year’s […] [Read More]
AutoNation’s Used-Car Customers Can Now Get Trial SiriusXM Subscription
Wednesday, Jan. 4, 2012, 06:55 AM
Auto Remarketing Staff
AutoNation and Sirius XM Radio announced Tuesday a partnership in which the automotive retailer’s customers will now be eligible to receive a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with a factory-installed satellite radio, regardless of make or model. Now, AutoNation customers purchasing pre-owned vehicles will have access to SiriusXM’s commercial-free music. SiriusXM […] [Read More]
Bronx Businessmen Hope Nissan Store Turnaround Leads to Success at New VW Rooftop
Tuesday, Jan. 3, 2012, 03:59 PM
Auto Remarketing Staff
After reviving a closed Nissan store and making it one of the top brand rooftops in the market, Bronx businessmen Ted Bessen and Steven Risso are aiming to do it again — this time with a Volkswagen dealership. The owners of Teddy Nissan recently opened Teddy Volkswagen, a facility also located on Boston Road. Risso […] [Read More]
CarMax Plans Nearly 55 Store Additions Through 2016
Tuesday, Jan. 3, 2012, 09:00 AM
Auto Remarketing Staff
Along with revealing third-quarter financial performance, CarMax leadership announced plans to open dozens of more stores through 2016. Having rolled out two stores during the third quarter, CarMax president and chief executive officer Tom Folliard said, “We remain committed to investing in our long-term growth strategy. “We now plan to open 10 stores in fiscal […] [Read More]
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