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Retail
Ford Dealer Group Expands in Alberta
Friday, Sep. 9, 2011, 02:25 PM
Auto Remarketing Staff
NorthStar Ford Group in Fort McMurray, Alberta, revealed this week that it has broadened its footprint in the province, opening two new stores in Calgary and Cochrane. “We are excited to announce the expansion of NorthStar Ford Group into Calgary and Cochrane. We hope this will be a great partnership and look forward to building […] [Read More]
Global Automakers Saddened by Massachusetts Right to Repair Petitions
Friday, Sep. 9, 2011, 05:55 AM
Auto Remarketing Staff
The Association of Global Automakers voiced its displeasure with “Right to Repair” legislation that’s gaining strength in Massachusetts. What recently drew Global Automakers’ ire is Massachusetts attorney general Martha Coakley certifying all four Right to Repair petitions, permitting this legislation to move forward by way of the state’s public ballot initiative process. Association president and […] [Read More]
Fed: Supply Concerns Remain, but Sales Up for Dealers
Thursday, Sep. 8, 2011, 06:00 AM
Auto Remarketing Editor Joe Overby
Although there were still supply issues stemming from the Japanese disasters, auto dealers throughout the country enjoyed sales lifts in the latest reporting period examined by the Federal Reserve. The most recent Beige Book, issued Wednesday, points to hikes in most of the Federal Districts that report car sales data. To illustrate its findings in further […] [Read More]
Chrysler Adds Two Independent Directors to Board, Elects Chairman
Thursday, Sep. 8, 2011, 05:57 AM
Auto Remarketing Staff
On Wednesday, Chrysler Group announced that it has added two new members to its board of independent directors, effective immediately. The automaker also revealed the elected board chairman is Sergio Marchionne. The new board additions are Léo Houle and John Lanaway. The new directors replace C. Robert Kidder, George F.J. Gosbee and Scott Stuart, who have […] [Read More]
Oklahoma Sonic Dealers Reveal New Branding
Wednesday, Sep. 7, 2011, 03:52 PM
Auto Remarketing Staff
A group of Sonic Automotive stores in Oklahoma have changed their names and are now under the “Momentum” umbrella brand. The move was designed to "unite" the dealers and stress the advantages of the Momentum brand, which includes an “upfront price” model, customer benefits program and the 25,000 vehicles in its nationwide inventory, officials said. [Read More]
Jaguar, Land Rover Dealers Now Offering AutoCheck Reports in CPO Program
Wednesday, Sep. 7, 2011, 03:24 PM
Auto Remarketing Staff
Experian Automotive revealed Wednesday that Jaguar Land Rover North America is now using Experian’s vehicle history reports in its certified pre-owned program. What this means is that Land Rover and Jaguar dealers now have AutoCheck as an option when providing history reports on CPO cars. “The addition of AutoCheck vehicle history reports is an important […] [Read More]
AutoNation Sales Drop in August, but Group Notches Gain in Domestic Ops
Wednesday, Sep. 7, 2011, 05:57 AM
Auto Remarketing Staff
Though AutoNation’s car sales slipped 3 percent year-over-year in August as import sales slid double-digits, the dealership group said it saw improvement in its domestic operating segment. Specifically, sales for Big 3 brands came in at 5,788 units for the month, a 7-percent gain from August 2010. Overall, AutoNation’s dealers sold 18,121 new cars in […] [Read More]
BMW & Honda Issue Recalls
Wednesday, Sep. 7, 2011, 05:55 AM
Auto Remarketing Staff
As American Honda revealed separate recalls that include more than 85,000 units, the National Highway Traffic Safety Administration reported a BMW recall that could cover more than 200,000 units. The BMW recall includes 3-Series Sedans from the 2002 to 2005 models years, a cluster that could cover more than 241,000 units. But the automaker believes […] [Read More]
Kansas City Area Mercedes-Benz Dealers to Host Bedding Drive for Area Children
Wednesday, Sep. 7, 2011, 05:54 AM
Auto Remarketing Staff
Aristocrat Motors and Mercedes-Benz of Kansas City want local children to sleep better. So they are teaming with local charity Sleepyhead Beds to help area children obtain a bed. Both dealerships are set to host bed drives at their locations as well as provide pick-up service for households with beds to donate but do not […] [Read More]
AIADA: Import Sales Slowed in August, But September Gain Could Be in Works
Tuesday, Sep. 6, 2011, 07:57 AM
Auto Remarketing Staff
Limited by such factors as the continued challenges from the Japanese earthquake, low consumer confidence and Hurricane Irene hitting the East Coast, import automakers’ new-vehicle sales were essentially static in August, according to the American International Automobile Dealers Association. Despite last month’s flatness, however, AIADA remains confident September will tell a different story for import […] [Read More]
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