Retail
Report: NBC Sells Out of Super Bowl Ad Slots
Wednesday, Jan. 4, 2012, 06:59 AM
Auto Remarketing Staff
If automakers want to make a big advertising splash for their franchised dealers during the Super Bowl, they better have their spot reserved or they might be just watching like millions of others. The broadcaster of this year’s game, NBC Sports, said on Tuesday it has sold out its 30-second advertising spots for this year’s […] [Read More]
AutoNation’s Used-Car Customers Can Now Get Trial SiriusXM Subscription
Wednesday, Jan. 4, 2012, 06:55 AM
Auto Remarketing Staff
AutoNation and Sirius XM Radio announced Tuesday a partnership in which the automotive retailer’s customers will now be eligible to receive a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with a factory-installed satellite radio, regardless of make or model. Now, AutoNation customers purchasing pre-owned vehicles will have access to SiriusXM’s commercial-free music. SiriusXM […] [Read More]
Bronx Businessmen Hope Nissan Store Turnaround Leads to Success at New VW Rooftop
Tuesday, Jan. 3, 2012, 03:59 PM
Auto Remarketing Staff
After reviving a closed Nissan store and making it one of the top brand rooftops in the market, Bronx businessmen Ted Bessen and Steven Risso are aiming to do it again — this time with a Volkswagen dealership. The owners of Teddy Nissan recently opened Teddy Volkswagen, a facility also located on Boston Road. Risso […] [Read More]
CarMax Plans Nearly 55 Store Additions Through 2016
Tuesday, Jan. 3, 2012, 09:00 AM
Auto Remarketing Staff
Along with revealing third-quarter financial performance, CarMax leadership announced plans to open dozens of more stores through 2016. Having rolled out two stores during the third quarter, CarMax president and chief executive officer Tom Folliard said, “We remain committed to investing in our long-term growth strategy. “We now plan to open 10 stores in fiscal […] [Read More]
GM Recalls Nearly 5K Sonics
Tuesday, Jan. 3, 2012, 08:56 AM
Auto Remarketing Staff
Close to 4,900 Chevrolet Sonics are being recalled for a possible missing brake pad in the vehicle, General Motors revealed Friday. The recall affects only 2012 model-year units and is limited to the U.S. and Canada. In the U.S., 4,296 units are included in the recall, which also covers 577 vehicles in Canada. GM is […] [Read More]
NHTSA Reports Newest Nissan, Ford Recalls
Wednesday, Dec. 21, 2011, 07:00 AM
Auto Remarketing Staff
The National Highway Traffic Safety Administration recently revealed a trio of recalls involving models from Nissan and Ford, initiatives that involve more than 78,000 units. The largest of the three is connected with 2010 and 2011 Nissan Sentras, vehicles equipped with MR20 engines and manufactured from May 11 to 22 and July 8 through Oct. […] [Read More]
VW to Follow Up on ‘Darth Vader’ Success with Third Straight Super Bowl Ad
Wednesday, Dec. 21, 2011, 06:54 AM
Auto Remarketing Staff
On Super Bowl Sunday, Volkswagen of America is taking aim at replicating the buzz that a certain “mini Darth Vader” helped it generate during last year’s big game. The company revealed earlier this week that it will air a Super Bowl advertisement for the third straight year. At the start of the third quarter of […] [Read More]
Volkswagen Group Eyes Sales Objective of 8 Million Units
Monday, Dec. 19, 2011, 08:58 AM
Auto Remarketing Staff
Volkswagen Group believes its goal of moving 8 million units worldwide for the first time is within reach since through November, the German automaker sold 7.51 million units. The figure marks a 13.9-percent rise from last year’s sales total. VW indicated it moved 6.59 million units from January to November of 2010. The OEM is […] [Read More]
Cleveland Dealers Donate $120,000 to NADA Foundation Ambassador Program
Monday, Dec. 19, 2011, 08:55 AM
Auto Remarketing Staff
The Greater Cleveland Automobile Dealers Association recently donated $10,000 each for 12 new ambassadors of the National Automobile Dealers Charitable Foundation. GCADA president Lou Vitantonio highlighted the ambassadorships were presented by GCADA to its past 11 chairmen and current chairman Brian O’Donnell in gratitude of their hard work on behalf of Cleveland-area dealers. With the […] [Read More]
Toronto Dealers Celebrate Anniversary of City Ending Vehicle Tax
Friday, Dec. 16, 2011, 03:45 PM
Auto Remarketing Staff
Exactly one year ago today, the Toronto City Council repealed the Personal Vehicle Tax that required drivers to pay $60 for each car registered in the city and $30 for each motorcycle or moped. In light of this anniversary, Toronto’s car dealers came out in celebration to commemorate the end of what they called a […] [Read More]
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