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Retail
Toyota’s Inaba Spells out Why the OEM Can Rebound in 2012
Monday, Feb. 13, 2012, 09:00 AM
Auto Remarketing Staff
After reminiscing about his days in Chicago as a graduate student at Northwestern, Toyota’s Yoshi Inaba emphasized why 2012 is such a big year for the Japanese OEM. Toyota Motor North America’s president and chief operating officer recently told an assembly at The Economic Club of Chicago that the automaker will launch 19 new or […] [Read More]
CPO Market Gets Quick Start to 2012
Friday, Feb. 10, 2012, 07:00 AM
Auto Remarketing Editor Joe Overby
The certified pre-owned segment appears to have begun 2012 on the right foot in January, as sales continued to show year-over-year improvement and continue momentum from 2011, which was the best year in CPO history. Overall, there were 131,229 CPO sales in January, according to Autodata Corp. Despite this being nearly a 17-percent slide from […] [Read More]
Ford Reveals High-Level Exec Retirements, New Board Member
Friday, Feb. 10, 2012, 06:57 AM
Auto Remarketing Staff
With a former presidential candidate coming onto the board of directors and the automaker’s chief financial officer, as well as its top product development executive announcing their retirements, Thursday marked a busy personnel day at Ford. First, the Blue Oval said that executive vice president and chief financial officer Lewis Booth and Derrick Kuzak, group […] [Read More]
NIADA to Offer Member Health Insurance Plans Through New Partnership
Friday, Feb. 10, 2012, 06:55 AM
Auto Remarketing Staff
Earlier this week, the National Independent Automobile Dealers Association unveiled a program to offer health insurance benefits to its members. NIADA explained this new health insurance program can provide a wide selection of comprehensive coverage options, including PPO co-pay plans, health savings accounts, short-term health insurance and student health insurance and can save members up […] [Read More]
Auto West Group Set to Build Canada’s Largest Mini Store
Thursday, Feb. 9, 2012, 05:18 PM
Auto Remarketing Staff
Auto West Group has started building what it says will be Canada’s biggest stand-alone Mini store in addition to being among the country’s “most environmentally sustainable dealerships.” The comprehensive revamping of the existing Mini Richmond dealership is slated to be wrapped up this summer, officials with the dealership group indicated. [Read More]
Canada’s CPO Market Achieves Strong Start to Year
Thursday, Feb. 9, 2012, 04:48 PM
Auto Remarketing Editor Joe Overby
Sharing some certified pre-owned insight, Todd Fowler —Honda Canada’s manager of used-vehicle operations — told Auto Remarketing Canada on Wednesday that both of the company’s brands have made a “fantastic start” to the year in the CPO segment. And it appears that Honda and Acura aren’t alone. When asked by Auto Remarketing Canada about January […] [Read More]
Lexus’ Templin Urges AIADA Members to Be Industry Leaders
Thursday, Feb. 9, 2012, 06:56 AM
Auto Remarketing Staff
Mark Templin, Toyota Motor Sales group vice president and general manager of the Lexus Division, challenged members of the American International Automobile Dealers Association earlier this week. When addressing the 2012 AIADA annual meeting and luncheon, Templin gave a speech he titled, “A Legacy of Leadership: What Will You Leave Behind?” After sharing various analogies, […] [Read More]
Dealer Group Responds to ‘Urgent Need’ Through Blood Drive
Wednesday, Feb. 8, 2012, 06:55 AM
Auto Remarketing Staff
One Michigan dealership group is responding to what has been called an “urgent need” for blood donors at numerous hospitals in the Southeastern part of the state. The fifth annual American Red Cross Blood Drive, sponsored by The Suburban Collection dealership group, is set for Monday. This event calls for blood donors to help meet […] [Read More]
Mazda Recalls 2001 & 2002 Tributes
Monday, Feb. 6, 2012, 08:58 AM
Auto Remarketing Staff
National Highway Traffic Safety Administration officials indicated that Mazda began a recall last week of the Tribute from the 2001 and 2002 models years. NHTSA explained that the recall stems from the possibility of the brake master cylinder reservoir cap leaking brake fluid. If the brake fluid leaks, officials fear the fluid could come in […] [Read More]
Carfax Renews a Plethora of CPO Deals
Saturday, Feb. 4, 2012, 01:15 AM
Auto Remarketing Staff
Carfax was a very busy company before and now during the National Automobile Dealers Association’s convention, renewing several deals involving OEM certified programs. The automakers involve include Toyota, Chrysler, Subaru, Acura and Honda. For instance, Toyota Motor Sales, U.S.A. has extended its partnership with Carfax for its Toyota Certified Used Vehicle program. According to management, […] [Read More]
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