Though trucks have retained value a bit better in the lanes so far this spring, last week’s auction activity saw both car and truck prices decline. In fact, the overall segment change for trucks was the largest average segment decline since the week of Nov. 16, said Black Book’s Ricky Beggs. Last week, the truck […] [Read More]

The National Highway Traffic Safety Administration indicated that General Motors is expanding a recall of SUVs first included in a campaign last August. This time, the automaker is recalling a total of 193,652 units, models that include: —2006 Chevrolet Trailblazer EXT —2006 GMC Envoy XL —2006–2007 Chevrolet Trailblazer —2006–2007 GMC Envoy —2006–2007 Buick Rainier —2006–2007 […] [Read More]

Social media. It's everywhere!  If you run a business you can't avoid hearing about it – everyone and their brother wants to inform you that if you're not on Facebook/Twitter/Pinterest/ Plurk/ Klout/LinkedIn/  etc., you're missing out on a significant percentage of your market share!  So, you did it. You made your business page on Facebook. […] [Read More]

Ever wondered how your customers look for cars? In an effort to provide dealers with this information and more, Mudd Advertising announced the upcoming release of its new Survey for Mudd AdSuite tool. The new offering is a surveying app designed to help dealers “build a comprehensive customer profile,” the company said. “Through the use […] [Read More]

The National Auto Auction Association will host the next class in its Auction Standards Training Program next month at Manheim Dallas.   The first day of the two-day course is a condition report writing class, and Day Two is a structural damage policy class. The upcoming course is scheduled for July 25-26, with classes beginning […] [Read More]

Auto Remarketing Conferences announced today that AutoTrader.com has once again signed on as the presenting sponsor for the CPO Forum: The Pre-Owned Conference. AutoTrader.com has been the conference’s sole presenting sponsor each year since the conference was launched in 2007. In addition, AutoTrader.com will be sponsoring the luncheon which will take place on the second […] [Read More]

As leasing continues to pick back up, boding well for future used supply, Swapalease.com recently conducted a nationwide survey that showed which brands are top-of-mind for consumers considering a new lease. On the luxury side of things, the highest scoring manufacturer was Porsche, with 39.8 percent of participants — which consisted of more than 3,000 […] [Read More]

In what's likely good news for future used supply, shoppers are turning to leasing now more than ever. And interestingly, car buyers on average spent more than ever on new-car purchases last year. These are just a few high points from Edmunds.com's 2013 Car Shopping Trends Report. Specifically, new-car buyers spent an average of $30,803 […] [Read More]

One of Auto Remarketing’s regular guest columnists, Patrick McMullen of MAXSystems, will be part of a free webinar that’s designed to help dealerships reach younger buyers who are nearly constantly on the Internet. McMullen pointed out that 85 percent of consumers under the age of 40 use the Internet in their vehicle-shopping efforts, according to […] [Read More]

AutoLoop — a  provider of marketing solutions for customer relationship management in the car business — has launched a new equity mining solution, known as AutoLoop Quote, that is designed to help dealers target potential new-car customers with automated vehicle quotes. The product is designed directly into the AutoLoop Essentials multi-channel platform. It is designed […] [Read More]