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Retail
Honda Honors Winner of Civic Song Facebook Contest
Thursday, Jul. 21, 2011, 05:54 AM
Auto Remarketing Staff
Turning to music and Facebook to generate some buzz for its 2012 Civic, Honda recently announced the winners of a recent promotion. Taking the “Sounds of Civic” honors was Jonatan Barahona, whose original Civic Hybrid-inspired tune was chosen over the submissions of seven other finalists. The contest called for submissions via Facebook of original songs […] [Read More]
SoCal Mazda Dealer Mixes Innovative & Old-School Strategies in CPO Market
Wednesday, Jul. 20, 2011, 02:50 PM
Auto Remarketing Editor Joe Overby
John Hine does not shy away from unique and innovative tactics when it comes to the certified pre-owned operations at his pair of Mazda stores in Southern California. In fact, the dealer principal of two of the nation’s top 30 Mazda CPO outlets recently shared with Auto Remarketing this spring a few Web-savvy approaches for […] [Read More]
Nissan CEO Praises Vital Site’s Ability to Maintain Supply-Chain Performance after Japanese Disasters
Wednesday, Jul. 20, 2011, 05:57 AM
Auto Remarketing Staff
As the automaker ramped up availability of its electric vehicle in the U.S., Nissan chief executive officer Carlos Ghosn punctuated what the OEM contends was a dramatic performance in light of natural disasters that struck Japan in March. While visiting an important port that kept its parts and vehicles moving during the crisis, Ghosn said […] [Read More]
Penske Expands Presence in Connecticut
Wednesday, Jul. 20, 2011, 05:54 AM
Auto Remarketing Staff
On the heels of announcing the acquisition of three more franchises in California, Penske Automotive Group revealed Monday it has turned its focus to the East Coast with the purchase of Mercedes-Benz of Greenwich, located in Greenwich, Conn. The company noted the acquisition represents approximately $150 million in estimated annual revenue. The new franchise joins […] [Read More]
Larry H. Miller Debuts Used Superstore in Idaho
Tuesday, Jul. 19, 2011, 05:54 AM
Auto Remarketing Staff
The Larry H. Miller Group of Companies officially opened the doors to its used-car superstore in Boise, Idaho, on Monday, marking the state’s fourth LHM dealership. The LHM Used Car Supermarket encompasses what the company calls the most up-to-date design innovations with the aim to offer best consumer experience. Managing the dealership is Nicolas Hourani, […] [Read More]
SoCal Penske Opens Another Franchise
Monday, Jul. 18, 2011, 07:56 AM
Auto Remarketing Staff
Last Friday, SoCal Penske added another nameplate to its stable of franchise dealerships, unveiling Penske Chevrolet of Buena Park. The new dealership is located in the Buena Park Auto Center in Buena Park, Calif. SoCal Penske explained it was awarded the Chevrolet franchise to fill an open market for Chevrolet in Buena Park. Executives emphasized […] [Read More]
New Site for Car Buyers Reveals ‘Best’, ‘Worst’ Aspects of Purchase Process
Monday, Jul. 18, 2011, 07:55 AM
Auto Remarketing Staff
Last week marked the launch of AutoBuying 101, and the site also revealed the results from its Auto Buying Experience Study that covered the "best" and "worst" aspects of buying a car, among other areas. The site aims to be the “essential consumer guide on how to get the best deal on new- and used-auto […] [Read More]
Canadian Automakers Enjoy Strong CPO Sales
Friday, Jul. 15, 2011, 03:32 PM
Auto Remarketing Editor Joe Overby
Strong support from dealers. Positive reaction from consumers. A robust Canadian used-car market. These were but a few of the many reasons cited by leaders at several automakers in Canada for healthy certified pre-owned sales in June and throughout the first half of 2011. And to shed a bit of light on how they achieved […] [Read More]
J.D. Power: Leasing Steady in Near-20-Percent Realm
Friday, Jul. 15, 2011, 05:59 AM
Auto Remarketing Editor Joe Overby
The leasing market continued to show much of the same trends spotted throughout the last several months, as lease penetration was steady from May and approached the 20-percent mark, according to J.D. Power and Associates. Specifically, leases represented 19.7 percent of new-vehicle sales for June, up from 19.1 percent the previous month and 18.2 percent […] [Read More]
NIADA Recommends Congress Pass Right to Repair Act
Friday, Jul. 15, 2011, 05:57 AM
Auto Remarketing Staff
In an attempt to put independent dealers on equal footing with their franchise counterparts, the National Independent Automobile Dealers Association is urging Congress to pass the Motor Vehicle Owners’ Right to Repair Act. NIADA explained the act would require automakers to make the same service information and tools capabilities available to independent repair shops that […] [Read More]
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