A former General Motors executive who orchestrated campaigns for Saturn and Cadillac is coming on board with Hyundai Motor America as its vice president of marketing. The automaker announced Thursday that Steve Shannon will be responsible for all marketing activities in the United States and report to president and chief executive officer John Krafcik. “We’re […] [Read More]

In perhaps another example of how interwoven the supplier industry is, Chrysler confirmed Wednesday that it is trimming overtime production from several of its plants.   Management said it is making this move as a cautionary measure as the Japan quake continues to have a ripple effect on the supply chain.   [Read More]

The Insurance Information Institute reports that more than 25 percent of all businesses close down following a natural disaster and never open their doors again. The American International Automobile Dealers Association wants to know if your dealership is prepared. “A disaster recovery plan can make all the difference between the loss of your business and […] [Read More]

Chrysler has a new head of its certified pre-owned operations, the automaker revealed to Auto Remarketing this week. Taking over for Lisa Way — who has become the automaker’s senior manager of revenue management — is Eric Swanson. According to the latest statistics from Autodata Corp., Chrysler saw its CPO sales climb 9.8 percent on a […] [Read More]

The fleet group at Mercedes-Benz USA has a new national account manager for the South and Mid-Atlantic, the company told Auto Remarketing this week. Joining the automaker is Tedd Meurer, whose area will include Washington, D.C.; Virginia; West Virginia; North Carolina; South Carolina; Georgia and Florida. As national account manager, his duties include heading up […] [Read More]

Organizers of Auto Remarketing Canada 2011 — Canada’s Used Car Conference, which will be held next week in Toronto, recently released an updated version of the attendee list, available on the conference website at arcanada.autoremarketing.com.   [Read More]

Along with its chairman and chief executive officer offering his thoughts on stifled supply because of the disasters in Japan, AutoNation on Monday revealed its March retail new-vehicle unit sales totaled 22,246, marking a 19-percent jump from the same months a year ago. Retail new vehicle unit sales in March for AutoNation’s operating segments were […] [Read More]

On Monday, Carfax announced it’s launching a new dealer program to help differentiate its dealer partners who are “committed to transparency." Through the Carfax Advantage Dealer Program, participating dealers can set themselves apart from their competition, according to officials.   [Read More]

Despite some mixed results for foreign nameplates, the American International Automobile Dealers Association declared March as another successful month for the recovering U.S. market. AIADA pointed out new-vehicle sales of both international and domestic models exceeded many analysts’ predictions, finishing the month up 16.9 percent from March of last year. The association indicated some of […] [Read More]

In nine years since Edmunds.com analysts started to track average incentive amounts, never have they seen a dramatic drop like this. Edmunds.com estimated that the average automaker incentive in the U.S. was $2,346 per new vehicle sold in March. That figure is down $469 — or 16.7 percent — from March of last year and […] [Read More]