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PODCAST: Transforming car dealerships through strategic partnerships
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Retail
BMW Issues Recall for Power-Steering Issue
Monday, Oct. 4, 2010, 07:57 AM
Auto Remarketing Staff
BMW of North America revealed late last week that it is recalling about 198,000 models to fix a potential power-breaking problem. The company said it would be notifying the National Highway Traffic Safety Administration via letter that it planned to pull the vehicles. Included in the voluntary recall are particular V12 and V8 models of the following vehicles: BMW […] [Read More]
vAuto to Host One Workshop, Four Webinars Later This Month
Monday, Oct. 4, 2010, 07:54 AM
Auto Remarketing Staff
vAuto announced one merchandising workshop and four Velocity Webinars for its customers later this month. Tracy Noonan Fred, senior director of performance management, will be leading the events. “The Effective Merchandising Workshop will focus on dealership online classified and presence that can help maximize a dealership’s online presence,” according to officials. [Read More]
Scion Makes Canadian Debut; Toyota Passes Milestone
Friday, Oct. 1, 2010, 05:00 PM
Auto Remarketing Staff
Scion made its Canadian debut earlier this week, boasting a dealer network of 45 stores throughout Montreal, Toronto and Vancouver. The automaker said it will add dealerships in additional markets. As Scion’s demographic tends to be a younger crowd, officials said Scion will one day have dealerships “in any Canadian city with a vibrant youth […] [Read More]
Lincoln to Debut New Ad Campaign with Mad Men Star
Friday, Oct. 1, 2010, 05:54 AM
Auto Remarketing Staff
With Mercury set to be phased out, Ford will soon have just one premium brand standing: Lincoln. The automaker appears to be getting a jump on this, as it is ramping up marketing efforts for Lincoln with a new ad campaign that rolls out Saturday and includes both TV and print elements. Officials say the “Smarter Than Luxury” […] [Read More]
New Porsche CEO Takes Over, Set to Launch New Models at Paris Auto Show
Thursday, Sep. 30, 2010, 06:00 AM
Auto Remarketing Staff
Porsche AG officially has a new chief executive officer with the changeover from Michael Macht to Matthias Mueller taking place during a ceremony in Paris on Wednesday night with the Paris Auto Show set to kick off today. Macht will be a member of the group board management at Volkswagen AG, where he will head […] [Read More]
BMW to Supply Saab with Engines
Thursday, Sep. 30, 2010, 05:58 AM
Auto Remarketing Staff
On Wednesday Saab chief executive officer Jan Ake Jonsson confirmed the automaker has struck a new deal with BMW to supply gas engines for future Saab models. Via the deal, BMW will supply Saab with 4-cylinder 1.6 liter turbocharged gas engines from 2012. The engines will be adapted to meet the automaker’s specific requirements. “It […] [Read More]
Chevrolet Creates Volt Advisory Board for Launch Preparation
Wednesday, Sep. 29, 2010, 03:58 PM
Auto Remarketing Staff
As it gets set to roll out the Volt for retail customers toward the end of 2010, Chevrolet is turning to 15 consumers to evaluate the vehicle and its charging program before it hits the market. These members of the Chevrolet Volt Customer Advisory board announced Tuesday are “advanced technology enthusiasts and electric vehicle advocates” […] [Read More]
Global Vehicles, Mahindra Dispute Heats Up
Wednesday, Sep. 29, 2010, 06:00 AM
Auto Remarketing Editor Joe Overby
More fuel was added to the dispute between India-based vehicle manufacturer Mahindra and Mahindra and Global Vehicles USA on Tuesday when Mahindra denied the Georgia-based distributor’s order for pickup trucks, claiming the order is “invalid.” [Read More]
Daimler Creates New Board Post to Oversee Integrity, Legal
Wednesday, Sep. 29, 2010, 05:59 AM
Auto Remarketing Staff
In light of the company’s recent troubles involving bribery and corruption — and the hefty fine it paid for its alleged transgressions — the Daimler AG Board of Management voted to expand its ranks and name an outside executive to fill an “Integrity and Legal” board member position. The person will be in charge of […] [Read More]
Vehix Teams with Carmoza to Offer Shoppers a Way to Move Vehicles
Wednesday, Sep. 29, 2010, 05:57 AM
Auto Remarketing Staff
Newcomer Carmoza Auto Transport is venturing into the vehicle-moving space for more than just dealers by brokering a partnership with Vehix. Buyers who make a purchase through Vehix new- or used-vehicle listings soon can use Carmoza as the pathway to have the unit shipped to their home. Officials rolled out a pilot transport program in […] [Read More]