Dealers looking for used vehicles from non-smoking owners now have another source for units that might be coming down the auction lanes. Dollar Thrifty Automotive Group announced Tuesday that Dollar and Thrifty rental vehicles are now 100-percent smoke-free as a result of the company’s new policy prohibiting smoking by renters at all U.S. corporate stores […] [Read More]

Auto Remarketing recently learned that Cadillac has gained a new remarketing manager. Stepping into the position of Cadillac remarketing manager at General Motors’ global sales office in Detroit is Jeff Maes. Maes joined GM in 1991 in the corporate research and planning division. He has held various positions over the years within the company, covering […] [Read More]

Based on early indications, used-vehicle prices continued to be robust during the first few weeks of December, which appeared to be “another strong month, although leveling off a bit,” according to RVI Group vice president Rene Abdalah. Looking at the first three weeks of December, there was a 0.5-percent month-over-month increase in used-vehicle prices, Abdalah […] [Read More]

The schedule of speakers is beginning to be sketched out for the upcoming Auto Remarketing Canada conference, which will be held in Toronto April 12-14, 2011.   Conference organizers noted that many industry leaders have already committed to speaking at the conference, including:  David Sudbury, vice president, Honda Canada Financial [Read More]

Sharing some of the expansion and progress the company has made in Canada this year, OPENLANE revealed recently that it achieved an all-time high for Canadian online vehicle sales this year. The online auction said it moved over 100,000 units through the Web in 2010, and cited the reasons for this growth as being more […] [Read More]

FLD recently rolled out a new website — ActionAssets.com — an online marketplace for asset managers and commercial and municipal fleet managers to sell surplus inventory. Company officials believe ActionAssets.com utilizes a unique Web-based marketplace that connects sellers to buyers for a wide range of surplus inventory in an open sale environment. The site boasts a […] [Read More]

Beginning Saturday, Manheim is hosting a series of online event sales intended to help dealers navigate their hectic holiday schedules. The specials include the Year End Online Event Sale presented by Ford, a special offer on fees from Hertz and more than 1,000 units offered by Toyota. What Manheim believes is Ford’s largest event of […] [Read More]

After six years of managing captive programs for Porsche, Saab and Jaguar at Midland Automotive Finance Corp. (now HSBC), and 11 years as vice president of business development and marketing for Remarketing Services of America (now a part of Fiserv), Cindy Heximer has returned to the auto sector. [Read More]

There have been “some positives” spotted in the wholesale arena as of late, and while the market last week showed a relatively high average number for  daily value adjustments, the degree of change in wholesale prices was the lowest in almost three months, according to Black Book’s Ricky Beggs. [Read More]

On Monday, Toyota USA announced it’s conducting a voluntary safety recall of about 94,000 Sienna vehicles from the 2011 model year. The vehicles involved were produced prior to early November 2010. The automaker plans to replace the stop lamp (or brake light) switch bracket. [Read More]