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Retail
VW Opens U.S. Plant
Wednesday, May. 25, 2011, 05:55 AM
Auto Remarketing Staff
Volkswagen is officially producing vehicles in the U.S. The German automaker held an inauguration ceremony Tuesday for the new plant in Chattanooga, Tenn., which will produce the VW Passat. VW said it wants to build upon its presence in the ever-important U.S. market. This could be crucial for VW as it chases Toyota as the […] [Read More]
Toyota Quality Advisory Panel Proposes Several Changes
Tuesday, May. 24, 2011, 05:58 AM
Nick Zulovich
Along with reiterating no electronic problems or software errors could have resulted in unintended acceleration in Toyota vehicles, the automaker’s North American Quality Advisory Panel also made a series of recommendations. In a public report released Monday, Toyota’s independent panel of experts suggests that the OEM loosen its tightly controlled global structure. The panel also […] [Read More]
CarMax Opens Doors in Lexington, Kentucky
Tuesday, May. 24, 2011, 05:57 AM
Auto Remarketing Staff
On Monday CarMax officially opened the doors to its first auto superstore in Lexington, Kentucky. The Lexington store is more than 13,900 square-feet, stocks anywhere from 250 to 350 used vehicles and employs more than 50 associates. "We are excited about the opening of the Lexington store as we continue to resume our company growth […] [Read More]
Nissan Offers Discounts to Victims of Southeastern U.S. Storms
Monday, May. 23, 2011, 07:55 AM
Auto Remarketing Staff
Following Nissan’s recent cash donations to support disaster relief, the automaker announced that it will offer employee pricing and delayed finance payments to those who sustained vehicle damage or loss as a result of recent southeastern U.S. storms. The offer that comes on the heels of the automaker’s May 2, $115,000 donation to the American […] [Read More]
Canadian Dealer Banned for Life
Friday, May. 20, 2011, 03:31 PM
Auto Remarketing Staff
In a case that has gone through several investigations, hearings, twists and turns, a British Columbia dealership has had its dealer license cancelled by the Registrar of Motor Dealers after authorities ruled the store had not only sold an unsafe vehicle, but also tried to cover up the fact that one of the store owners had previously been […] [Read More]
Domestic Offerings Highlight AutoPacific’s 2011 Vehicle Satisfaction Awards
Friday, May. 20, 2011, 06:00 AM
Auto Remarketing Staff
Plenty of positive accolades went to domestic OEMs as AutoPacific unveiled its 15th annual Vehicle Satisfaction Awards Thursday. Ford led all automakers with seven units being named award winners, while Lincoln took the distinction as having the highest rate of satisfaction among premium brands. Chrysler earned the nod for the highest satisfaction among popular brands. […] [Read More]
J.D. Power Tones Down Retail Forecast
Friday, May. 20, 2011, 05:57 AM
Auto Remarketing Staff
Such factors as high fuel costs, softer incentives and supply challenges have weighed down new-vehicle retail sales in May, leading to expectations for a rather soft summer and a slightly weaker full-year outlook, J.D. Power and Associates said Thursday. May has begun with “significant pullback” in new-car retail sales thanks to the aforementioned pressures, and […] [Read More]
Nissan & Toyota Celebrate More Production Restoration
Thursday, May. 19, 2011, 05:57 AM
Nick Zulovich
Marking continued production revival, Nissan Motor Co. chief executive officer Carlos Ghosn visited the quake-hit factory town of Iwaki earlier this week, calling the automaker’s Fukushima plant comeback a “symbol of Japan’s recovery.” The company explained the factory saw broad structural damage in the devastating March 11 earthquake, which prompted other plants to rally to […] [Read More]
Honda Launches Songwriting Contest for 2012 Civic
Thursday, May. 19, 2011, 05:54 AM
Auto Remarketing Staff
To celebrate the launch of the ninth generation Honda Civic and help generate some interest, the automaker is encouraging its Facebook fans to submit and vote for original songs inspired by the new model. Submissions for the 2012 Civic songwriting competition are now being accepted and the pool will be open until June 5. The […] [Read More]
Fiat Opens Doors in Michigan
Wednesday, May. 18, 2011, 03:03 PM
Auto Remarketing Staff
Fiat of Lakeside, the first stand-alone Fiat retail point in Michigan has officially opened its doors as of Wednesday. The new dealership — or "studio" — located in Macomb, Mich., is owned by the Galeana Automotive Group and was previously home to Galeana Automotive Group’s Saturn of Lakeside, which closed in 2010 due to General […] [Read More]
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