Wholesale
First Canadian McLaren Store to Open in Toronto
Friday, Aug. 6, 2010, 11:58 AM
Auto Remarketing
TORONTO, Ontario — McLaren Automotive is putting together of network of retailers across North America and the first store in Canada is slated to be located in the Toronto area. This is part of the manufacturer's plans to create a worldwide network of dealers to sell its exotic sports cars throughout various parts of the globe. Pfaff Automotive Partners […] [Read More]
NIADA Adds uShip to National Member Benefits Program
Friday, Aug. 6, 2010, 01:54 AM
Auto Remarketing
ARLINGTON, Texas — To address dealers' concern about rising vehicle transport costs, executives from uShip revealed earlier this week they were picked for the National Member Benefits Program of the National Independent Automobile Dealers Association. Basically, the inclusion means NIADA members now have customized access to finding specialized transporters on uShip, a Web-based shipping marketplace where […] [Read More]
vAuto’s Pollak to Host Seminar to Help Dealers’ Online Used-Car Strategies
Thursday, Aug. 5, 2010, 01:57 AM
Auto Remarketing
OAK BROOK, Ill. — Dale Pollak, chairman and founder of vAuto, is giving an online seminar later this month that aims to demonstrate to dealers the strategies needed to effectively sell used vehicles on the Web. "Pixel Management Presented by Dale Pollak" will be held Aug. 23 from 11 a.m. (CST) to noon. "The auto industry […] [Read More]
Simple Solutions to Speed Up Social Media Results
Wednesday, Aug. 4, 2010, 11:58 AM
Ray Fenster
LEXINGTON, Ky. — The social media buzz has been around for a while. Facebook recently announced it has reached half a billion users, and you still think that social media is a fad? How could that possibly be since almost all dealerships have been practicing social media since the beginning of the automotive industry? Now I will […] [Read More]
Liquid Motors Launches Facebook Apps for Dealers
Wednesday, Aug. 4, 2010, 11:57 AM
Auto Remarketing
DALLAS — Liquid Motors recently rolled out its package of marketing applications so dealers can better harness the capability of Facebook. The SocialFuel Facebook Marketing Applications include SocialFuel Inventory, SocialFuel FanBuilder, SocialFuel Coupons and SocialFuel New Car Research. The company explained SocialFuel Inventory can allow dealers to display inventory, photos and videos on their Facebook page […] [Read More]
AutoTrader.com Helps to Raise Awareness, Funds for St. Jude
Tuesday, Aug. 3, 2010, 01:54 AM
Auto Remarketing
ATLANTA — AutoTrader.com is using its site to help garner more support for St. Jude's Children's Research Hospital. How is the company doing this? It announced that visitors to the site will see special display ads with "donate now" throughout the site that highlight the work of St. Jude. Also, people who purchase advertisements to sell […] [Read More]
Edmunds.com Highlights Significant Used-Vehicle Price Hikes
Saturday, Jul. 31, 2010, 02:00 AM
Auto Remarketing
SANTA MONICA, Calif. — On average, the price of a three-year-old used car is 11.1 percent higher than it was last year, and General Motors has some of the most dramatic examples of this trend, according to Edmunds.com. In fact, all types of used cars are up 5.5 percent. The normal trend is usually just 3.5 […] [Read More]
Chrysler Store Touts Customer Follow-Up, Brand Exposure & Strong Web Presence Among Many Keys to Success
Saturday, Jul. 31, 2010, 01:59 AM
Auto Remarketing Editor Joe Overby
CERRITOS, Calif. — Cerritos Dodge Chrysler Jeep is situated on a 100-acre auto mall in Los Angeles County that includes 27 dealerships and loads of competition in the backyard of the nation's second-largest city. The dealership shares the same street as stores representing such brands as Nissan, Honda, Toyota and Chevrolet, among others. So, one way that […] [Read More]
Canadian Insolvencies Decline
Friday, Jul. 30, 2010, 12:00 PM
Auto Remarketing
OTTAWA, Ontario — In what has been fairly typical over the last decade, Canada's total insolvencies fell from April to May, this time dipping to 11,526 filings, a drop of 11.3 percent, according to the Office of the Superintendent of Bankruptcy Canada. Seven of the past 10 years have seen total insolvency filings decrease from April […] [Read More]
Carfinco’s Record Net Earnings Streak Now at Five Quarters
Friday, Jul. 30, 2010, 11:59 AM
Auto Remarketing
EDMONTON, Alberta — Carfinco Income Fund, a non-prime auto lender, enjoyed an all-time high in quarterly net earnings for the fifth straight time. The second-quarter net earnings of $4.3 million were up from the previous record of $3.6 million set in the first quarter of this year and marked a 144-percent year-over-year increase. Starting with the second […] [Read More]
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