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Retail
Chevy to Continue Centennial Celebrations During Woodward Dream Cruise
Monday, Aug. 15, 2011, 07:58 AM
Auto Remarketing Staff
Chevrolet announced late last week it will continue to celebrate in preparation of its 100th birthday — Nov. 3 — by sponsoring this year’s Woodward Dream Cruise, one of the world’s largest automotive events held on Detroit’s Woodward Avenue. The event, which will help highlight Chevy’s centennial, is scheduled for Aug. 20, and the automaker […] [Read More]
Toyota Reveals Children’s Art Contest Winners
Monday, Aug. 15, 2011, 07:55 AM
Auto Remarketing Staff
Toyota Motor Corp. recently announced the winners of its Toyota Dream Car Art Contest — which aims to create opportunities for children to develop an interest in cars by inspiring them to draw their “dream cars.” The automaker presented three Gold Prize awards, six Silver Prize awards, nine Bronze Prize awards, one Akira Toriyama Prize […] [Read More]
CPO Sales Strong for Canadian Automakers; Toyota Canada Achieves Record
Friday, Aug. 12, 2011, 03:39 PM
Auto Remarketing Editor Joe Overby
Although Canada experienced a rough patch in new-vehicle sales — which were down almost 5 percent last month — several automakers appear to be doing quite well on the certified pre-owned front. For one, Toyota Canada — which continues to rebuild from the aftermath of this year’s quake in Japan — notched its best July […] [Read More]
Nissan Canada to Grow Dealer Network
Friday, Aug. 12, 2011, 03:28 PM
Auto Remarketing Staff
In light of a more robust economy and the automaker’s global goals, Nissan Canada recently revealed that it is growing its dealer body. In addition to bolstering its dealer presence, the company wants to optimize its current dealer body and make sure its customer experience is solid, with the goal of increasing market share. [Read More]
Nissan Exec Attempts to Quell Concerns about LEAF’s Battery Pack & More
Friday, Aug. 12, 2011, 05:57 AM
Auto Remarketing Staff
On heels of selling 10,000 LEAFs worldwide last month, Nissan recently conducted a question-and-answer session with one of its top executives to diffuse concerns about “range anxiety” and the possibility the electric vehicle’s battery pack would need replacement. Answering the questions was Nissan corporate vice president Simon Sproule, who touched on how best to charge […] [Read More]
Michigan Dealer to Shift Lincoln & Mazda Franchises to Sister Store
Friday, Aug. 12, 2011, 05:54 AM
Auto Remarketing Staff
Just as auctions now are talking about consolidations, a longtime Michigan dealer is doing the same thing with his Lincoln, Volvo and Mazda franchises. In business since 1946 servicing the Ypsilanti, Ann Arbor and surrounding communities, Sesi Motors stated this week it plans to consolidate its current Ypsilanti dealership where it sells Lincoln and Mazda […] [Read More]
One Used Car Manager Shares How His Store Contributed to Honda’s July CPO Record
Thursday, Aug. 11, 2011, 05:59 AM
Auto Remarketing Editor Joe Overby
In the first half of the year, Findlay Honda sold more certified pre-owned Hondas than it did in the entirety of 2010, and the store’s year-to-date CPO sales through July more than doubled the sum from the first seven months last year, according to used car manager Chuck Loubert. The Las Vegas dealership, apparently, is […] [Read More]
Chrysler Group Announces 90-Day Deferred Payment Program
Thursday, Aug. 11, 2011, 05:58 AM
Auto Remarketing Staff
Chrysler Group announced yesterday a new addition to its “Summer Clearance Event," highlighting a “No Payments for 90 Days” promotion on all 2011 and 2012 Chrysler, Jeep, Dodge and Ram Truck models financed through Ally Financial. The deferred retail payment program starts now and will continue through the company’s “Summer Clearance Event,” which ends Sept. […] [Read More]
AUL Corp. Sells 1 Millionth Vehicle Service Contract
Wednesday, Aug. 10, 2011, 02:37 PM
Auto Remarketing Staff
Vehicle service contract provider AUL Corp. recently celebrated the company’s 1 millionth deal by giving this customer a break and refunding the amount paid for coverage on a 2008 Buick Enclave. AUL president and chief executive officer Luis Nieves personally presented the check to the customer during a ceremony held at the dealership that sold […] [Read More]
CPO Dealer Conference Welcomes Nation’s Top Dealers
Wednesday, Aug. 10, 2011, 01:54 PM
Auto Remarketing Staff
Top dealers from throughout the country have confirmed that they will be attending and participating at the 2011 Certified Pre-Owned Forum, a part of Used Car Week and presented by AutoTrader.com, which will be held Nov. 14-15 in Las Vegas. Featured dealers at the event include: —Brian Benstock, Paragon Honda/Paragon Acura —Chris Little, Hendrick Automotive Group […] [Read More]
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