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Retail
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]
Ford Recalls More than 125,000 Sedans
Monday, Dec. 12, 2011, 08:56 AM
Auto Remarketing Staff
Ford confirmed details of a National Highway Traffic Safety Administration recall announcement for the Ford Fusion and Mercury Milan from the 2010 and 2011 model years. The recall is connected with units that have 17-inch wheels and were built from April 1–30, 2009 and Dec. 1, 2009 through Nov. 13, 2010. A total of 128,616 […] [Read More]
Fiat Enters ASPI Eurozone Index
Monday, Dec. 12, 2011, 08:55 AM
Auto Remarketing Staff
Fiat S.p.A. learned late last week it is now a member of the ASPI Eurozone Index, following recent confirmation of its inclusion in the Dow Jones World and Europe Sustainability Indices in addition to the Global 500 Carbon Disclosure Leadership Index (CDLI) and Carbon Performance Leadership Index (CPLI). OEM officials believe this latest recognition of the […] [Read More]
Lynnes Auto Group Continues Holiday Giveaway Tradition
Monday, Dec. 12, 2011, 08:54 AM
Auto Remarketing Staff
To celebrate the holiday season, Lynnes Auto Group will be helping the local community by giving away a vehicle to one deserving family. With its annual Deserving Family Car Giveaway, the New Jersey business hopes to find this year’s “perfect” recipient. "The Deserving Family Car Giveaway is an incredible experience for all of us at […] [Read More]
Several Brands See Record Canadian CPO Sales
Friday, Dec. 9, 2011, 04:56 PM
Auto Remarketing Editor Joe Overby
Automakers in Canada appear to be closing 2011 with a bang on the certified pre-owned front, as all the companies that reported November results to Auto Remarketing Canada posted year-over-year gains for monthly sales. In fact, one particular brand — Acura — even achieved its best-ever month for CPO sales, and two other brands told […] [Read More]
Mercedes-Benz Canada Spotlights Dealers of Year
Friday, Dec. 9, 2011, 03:33 PM
Auto Remarketing Staff
Mercedes-Benz Canada revealed its 2012 Star Dealers list, awarding its top 10 dealers throughout the country. These dealers were evaluated in five categories, including their new and pre-owned sales, service and parts and customer satisfaction. Chosen for the awards were the following dealers (from East to West): —Ches Penney, of Mercedes-Benz St. John’s (St. John’s, […] [Read More]
CPO Sales Bounce Back
Friday, Dec. 9, 2011, 07:00 AM
Auto Remarketing Editor Joe Overby
After October marked the first year-over-year dip in certified pre-owned sales in three months, the CPO market moved back into the black during November, posting a 9-percent improvement over the year-ago period and keeping the year-to-date pace well ahead of 2010. Although CPO sales fell 1.2 percent sequentially, they climbed from 126,519 units sold in […] [Read More]
Mota Motors’ CPO Program Debuts with Extended Eligibility Limits
Thursday, Dec. 8, 2011, 06:59 AM
Auto Remarketing Editor Joe Overby
A new third-party certified pre-owned program has hit the market and organizers say it can give dealers a shot in the arm amid today’s supply-restricted environment, thanks to eligibility limits that go up to 15 years and 150,000 miles. The president and chief executive officer of the company behind SureSale Certified spoke with Auto Remarketing […] [Read More]
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