Dealer roundup: Swickard expands in Bay Area, plus latest news from Maryland franchised dealers
Thursday, Oct. 17, 2024, 11:05 AM
Carvana, NASCAR's Jimmie Johnson pay tribute to Grand Canyon State
Wednesday, Oct. 16, 2024, 04:49 PM
Dealer news: Missouri CDJR store sells; Maroone charity event
Wednesday, Oct. 16, 2024, 04:08 PM
Retail
Class-Action Lawsuit Filed Against Daimler, Cerebus
Tuesday, Sep. 14, 2010, 05:56 AM
Auto Remarketing
Daimler AG and Cerebus, two companies that owned Chrysler prior to its bankruptcy, are facing a class-action lawsuit that 450 former employees and managers filed late last week. One news report indicated that Lee Iacocca, a former chairman at the automaker, was among the plaintiffs. The suit was filed in Wayne County Circuit Court in […] [Read More]
Toyota Chairman, CEO Address Past Fiscal Year, Automaker’s Future
Tuesday, Sep. 14, 2010, 05:55 AM
Auto Remarketing Editor Joe Overby
The 2010 fiscal year was certainly an eventful one for Toyota Motor Corp., with the automaker shifting leadership, dealing with the challenges of safety recalls and the closing of the New United Motor Manufacturing Inc. plant, just to name a few hurdles. Reflecting on the fiscal year and looking forward to what lies ahead, Toyota's […] [Read More]
Top BMW Executive Dies in Tragic Accident
Monday, Aug. 30, 2010, 03:55 AM
Auto Remarketing
WOODCLIFF LAKE, N.J. — With great sadness, BMW of North America revealed late last week that one of its top executives died tragically while on vacation at his farm. Executives said the company's vice president of marketing, Jack Pitney, was killed last Thursday. "We don't have many further details to share with you at this time […] [Read More]
Toyota and GM Issue Recalls
Friday, Aug. 27, 2010, 01:59 AM
Auto Remarketing
TORRANCE, Calif. — Toyota Motor Sales USA said Thursday it is recalling roughly 1.13 million Toyota Corolla and Corolla Matrix vehicles in the U.S. for a potential problem with the Engine Control Modules that can lead to "harsh shifting" or an inability to start the engine. General Motors, meanwhile, revealed that Toyota is also recalling 200,163 Pontiac […] [Read More]
Ford Fiesta Earns 2010 Top Safety Pick
Friday, Aug. 27, 2010, 01:56 AM
Auto Remarketing
DEARBORN, Mich. — Ford officials happily shared this week that the 2011 Fiesta was named a 2010 Top Safety Pick by the Insurance Institute for Highway Safety. The automaker now has had eight vehicles receive this designation, the most for any manufacturer, according to officials. Before this week's announcement, Ford had been tied with Toyota for […] [Read More]
Chevy to Celebrate 75 Years of Suburban Production
Friday, Aug. 27, 2010, 01:55 AM
Auto Remarketing
DETROIT — Chevrolet officials boasted this week that the Suburban is their first vehicle to reach 75 years of production. To commemorate what they believe to be the industry's longest-running model, brand executives plan to launch a special 2010 75th Anniversary Diamond Edition model of the Chevrolet Suburban. Back in 1935 when General Motor started rolling […] [Read More]
Terrain Proves to be Hot Seller for GMC Dealers
Wednesday, Aug. 25, 2010, 01:55 AM
Auto Remarketing
DETROIT — The GMC Terrain — one of the vehicles General Motors launched last fall after laying out its post-bankruptcy plans — has been on the market for less than a year, but it has already been a major bright spot for the brand. In fact, dealers have enjoyed a turn rate on these models during 2010 that is more than four times […] [Read More]
Volkswagen Ushers in New California Store
Wednesday, Aug. 25, 2010, 01:54 AM
Auto Remarketing
HERNDON, Va. — Volkswagen executives as well as local officials were on hand this week to celebrate the opening of a new, state-of-the-art VW dealership in California. Located in Alhambra, Calif., this new store boasts the first white frame facility in the Western region. The new visual framework of the dealership is designed to enhance the customer experience […] [Read More]
Toyota Resumes Hiring for New Mississippi Plant
Tuesday, Aug. 24, 2010, 01:54 AM
Auto Remarketing
BELDEN, Miss. — Gov. Haley Barbour and officials from Toyota Motor Manufacturing Mississippi declared they have overcome significant economic obstacles to share some positive developments about the plant rising in the northern part of the state. After recessionary conditions stalled the process, the company recently resumed the hiring of more workers at its Blue Springs, Miss., […] [Read More]
Kia Model Rises From Obscurity to Top of KBB Hot Car Report
Monday, Aug. 23, 2010, 03:56 AM
Auto Remarketing
IRVINE, Calif. — A Kia model officials from Kelley Blue Book's Kbb.com said once was an industry "punch line" now is dominating positive growth, according to the site's most recent Hot Car Report. KBB determined that weekly shopping growth among all vehicles as well as newly introduced and redesigned models was led by the 2011 Kia Sportage. […] [Read More]