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Retail
With the Possibility of Reorganization Being Thrown Out, Saab Has Days to Find Funding
Thursday, Dec. 8, 2011, 06:58 AM
Sarah Rubenoff
With Spyker’s administrator looking to call an end to Saab’s reorganization, the pressure is on for the Swedish automaker yet again. A big obstacle to securing funds appears to be General Motors. Saab’s former parent has balked at the possibility of Chinese investors taking majority stake, and since GM has a deal to continue supplying […] [Read More]
Toyota: Dealer Stock Increases by 30,000 Units
Thursday, Dec. 8, 2011, 06:57 AM
Auto Remarketing Staff
In giving another production update Wednesday, Toyota declared that its U.S. inventories continue to improve with dealer stock increasing by 30,000 units last month. OEM officials also believe there is “a good supply of vehicles available. “Toyota thanks its customers, dealers and suppliers for their patience and cooperation throughout the recovery process,” they added. Toyota […] [Read More]
Cadillac Focuses on Mobile Approach to Holiday Shopping
Wednesday, Dec. 7, 2011, 03:58 PM
Auto Remarketing Staff
To help dealers wrap up the year on a high note, Cadillac launched a revamped mobile site and new holiday-themed consumer offers in time for the beginning of the 2011 shopping season. Seen as one of the most important components of the entire campaign, Cadillac highlighted the new mobile site can allow smartphone users to […] [Read More]
AutoNation’s November Sales Jump 21 Percent
Tuesday, Dec. 6, 2011, 06:59 AM
Auto Remarketing Staff
AutoNation watched in November new-vehicle sales figure soar 21 percent higher year-over-year as the dealer group reported Monday that it moved 18,692 units last month. Breaking down that total by its operating segments, AutoNation indicated its performance settled as follows: —5,922 for domestic, up 29 percent versus last November. —8,751 for import, up 10 percent […] [Read More]
GM to Reveal Four New Rides at Detroit Auto Show
Tuesday, Dec. 6, 2011, 06:56 AM
Auto Remarketing Staff
General Motors will have new products on hand to debut at next month’s North American International Auto Show in Detroit, the automaker announced on Friday, while also revealing that one of these new model debuts will be the 2013 Cadillac ATS. When asked by Auto Remarketing, a GM spokesperson said the automaker will not be […] [Read More]
AutoNation’s Jackson to Keynote WANADA Annual Luncheon
Friday, Dec. 2, 2011, 06:57 AM
Auto Remarketing Staff
In a presentation expected to describe why sales are on the rise, AutoNation chairman and chief executive officer Mike Jackson is scheduled to deliver the keynote address at the annual luncheon of the Washington Area New Automobile Dealers Association. The event is set to begin at 11:30 a.m. on Wednesday at the Renaissance Mayflower Hotel […] [Read More]
Commonwealth Honda Celebrates 20th Anniversary, Gets Surprise Visit From OEM Exec
Friday, Dec. 2, 2011, 06:56 AM
Sarah Rubenoff
As Commonwealth Motors celebrated its 20-year anniversary as a Honda dealer, the automaker itself took note of the store’s accomplishment as well. Executive vice president of North American sales for Honda John Mendel showed up at the store to congratulate Charlie Daher, the owner of the Lawrence, Mass., store. "Seeing John Mendel show up was […] [Read More]
Jaguar Rolls Out New Ad for Performance Line
Friday, Dec. 2, 2011, 06:55 AM
Auto Remarketing Staff
Jaguar is taking its brand in a “new direction” with a new TV advertisement rolled out Thursday that spotlights a trio of the company’s highest performance models. “Jaguar at Play” — which was set to debut on the NFL Network — features the brand’s XFR, XJL Supersport and XKR-S models, and plays on the performance […] [Read More]
Ford Combines Reality Genre & Online Gaming to Promote New Escape
Wednesday, Nov. 30, 2011, 04:42 PM
Auto Remarketing Staff
Capitalizing on the popularity of reality TV and online gaming, Ford is rolling out a new campaign to push the Escape. This week, the Blue Oval began a search for a few dynamic, fun-loving individuals ready to compete in real-world challenges with the help of online followers — all while experiencing the all-new Ford Escape. […] [Read More]
Audi Boasts of Annual CPO & New Sales Records with One Month to Go
Wednesday, Nov. 30, 2011, 06:59 AM
Auto Remarketing Staff
With one month remaining in 2011, Audi says sales on both the new-car and certified pre-owned fronts are already ahead of annual records. On top of revealing it has its posted its highest-ever U.S. annual sales rate for the first 10 months of this year, Audi also enjoyed significant growth in its certified division, beating another […] [Read More]
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