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Retail
GM Honors Top Dealers
Friday, May. 27, 2011, 06:00 AM
Auto Remarketing Staff
Following a two-year suspension of the annual series, General Motors revived its Dealer of the Year Award program and spotlighted the “best-of-the-best” in its dealer body during a ceremony on Wednesday night. The 2010 Dealer of the Year Award honors were bestowed upon 50 Chevrolet, 16 Buick, 16 GMC and 20 Cadillac dealerships. Not only […] [Read More]
Honda North American Production to Reach 100 Percent in August
Friday, May. 27, 2011, 05:57 AM
Auto Remarketing Staff
Honda franchise dealers received some welcome news Thursday as the automaker announced plans for the accelerated recovery of production in North America following the March 11 earthquake and tsunami in Japan. The OEM said it will increase production volume at its North American plants to a rate of 100 percent of the original production plan […] [Read More]
NCM to Help Porsche Dealers Lift Pre-Owned Profits
Wednesday, May. 25, 2011, 02:03 PM
Auto Remarketing Staff
Porsche Cars North America has enlisted the services of NCM Associates for a two-year dealer support program, which will consist of a myriad of peer-collaboration, operations, benchmarking and in-dealership retail coaching solutions to help selected dealers boost their profits and performances. Specifically, NCM said it will offer: —Specialized Pinnacle Performance Groups. These will take the […] [Read More]
AutoNation Celebrates 8 Millionth Sale at Dealership’s Grand Opening
Wednesday, May. 25, 2011, 05:57 AM
Auto Remarketing Staff
AutoNation announced Tuesday it celebrated the sale of its eight millionth vehicle at the grand opening of its new dealership called Honda of Dulles. The new store, located in Sterling, Va., opened its door’s Tuesday, and AutoNation celebrated not only the debut of another dealership, but also the company’s recent landmark sale. Mike Jackson, chairman and chief executive […] [Read More]
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]
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