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Retail
Report: Independent Store Forfeits Money Federal Officials Allege Has Terrorist Ties
Tuesday, May. 22, 2012, 03:44 PM
Auto Remarketing Staff
With the understanding the store owner had no direct involvement in terrorist activity, an independent dealership near North Carolina’s capital forfeited money to federal authorities this week because the lot is among 30 rooftops included in a civil asset forfeiture action started last December. According to a report from WRAL-TV, Cary Auto Sales decided on […] [Read More]
Exclusive Preview: Capistrano VW Shares Tips for CPO Success
Tuesday, May. 22, 2012, 03:17 PM
Auto Remarketing Editor Joe Overby
When it comes to getting a vehicle ready as a certified pre-owned unit, Capistrano Volkswagen doesn’t skimp on reconditioning. In fact, the emphasis the dealership places on this aspect of the CPO process is part of what sets it apart from the competition, says used-car manager Harry Haber. [Read More]
NADA Chairman Explains How UCMs Can Benefit from Alliance with J.D. Power
Tuesday, May. 22, 2012, 05:57 AM
Auto Remarketing Staff
National Automobile Dealers Association chairman Bill Underriner highlighted member benefits — including one geared toward used-car managers — that have been created by the new partnership between NADA and J.D. Power and Associates during a recent interview on “AutoFocus with David Hyatt.” Underriner discussed how the relationship will provide dealers with more accurate and timely […] [Read More]
Chrysler Recalls 74K Jeep Wranglers to Correct Transmission Issue
Tuesday, May. 22, 2012, 05:56 AM
Auto Remarketing Staff
Chrysler Group recently notified the National Highway Transportation Safety Administration that the company will voluntarily recall approximately 67,872 Jeep Wranglers from the 2010 model year to replace the vehicle’s automatic transmission skid plate with a skid bar. Beyond telling U.S. officials, automaker spokesperson Eric Mayne informed Auto Remarketing that Chrysler is recalling another 6,141 units […] [Read More]
Volkswagen Names Marketing VP
Monday, May. 21, 2012, 07:56 AM
Auto Remarketing Staff
Volkswagen of America has named a new vice president of marketing for the Volkswagen brand, tapping an executive previously with Chevrolet. Appointed to the role was Kevin Mayer, who will be called to direct all aspects of marketing for the Volkswagen brand in the United States, the company said. He will report directly to Tim […] [Read More]
Imports Head of Class on Top Cars for College Grads List
Monday, May. 21, 2012, 07:54 AM
Auto Remarketing Staff
Automotive ranking and comparison website Total Car Score has issued its list of the Top Ten Cars for College Graduates, based on safety, fuel efficiency, comfort, performance and cost. At the head of the class are three Volkswagen models, two Mazda models and representatives from five additional automakers. “College grads are looking to make an […] [Read More]
GM Ramps Up US Sales Team, Prepares for Product Launches
Friday, May. 18, 2012, 05:57 AM
Auto Remarketing Staff
As General Motors noted these promotions come in preparation for “numerous product lauches” in the coming months, the OEM revealed some shifts within its upper management. First up, Alan Batey has been appointed to the newly created position of GM vice president, U.S. Sales and Service, in which he will report to Mark Reuss, president […] [Read More]
Acura Recalls 57K Units in US, Canada
Friday, May. 18, 2012, 05:56 AM
Auto Remarketing Staff
Acura has announced a voluntary recall of 52,615 model-year 2007–2008 TL sedans in the United States, to replace the power steering hose. In Canada, Acura will recall approximately 4,266 of the same sedan model and year for power steering hose replacement. Acura reports that the power steering hose could deteriorate and develop a fluid leak […] [Read More]
NADA University Webinar on Fuel Economy, Federal Labels On Tap Next Week
Wednesday, May. 16, 2012, 05:54 AM
Auto Remarketing Staff
NADA University, in partnership with federal regulatory agencies, is hosting a Webinar next week that is designed to help dealers respond to consumer questions that may arise in light of the upcoming fuel-economy label requirements. "Selling Fuel Economy and the New Federal Label" Webinar is set for Tuesdayat 1 p.m. EDT. “High and erratic fuel […] [Read More]
Group 1 Acquires Honda & Volkswagen Rooftops in The Sunshine State
Tuesday, May. 15, 2012, 02:51 PM
Auto Remarketing Staff
Group 1 Automotive revealed Monday it has acquired a new Honda franchise and a Volkswagen rooftop in the Sunshine State. Set to serve the Panama City, Fla., market, the two stores are expected to generate approximately $52 million in estimated annual revenues. The dealerships are located in Springfield, Fla., and will operate as Honda of […] [Read More]
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