Auto Remarketing has learned that a new Ford certified pre-owned brand manager has taken the reins this month. Renee Godfrey has taken a new position with the automaker, and filling that CPO role is Brandon Cuadra. Cuadra — who has been with Ford for more than 17 years — was appointed Ford CPO brand manager […] [Read More]

Used retail transaction prices are up year-over-year for both franchised and independent dealers this month, perhaps a result of used supply tightening once again. As of Thursday, the days' supply of used cars and trucks was about 46 days, according to the latest Retail Automotive Summary from CNW Research. Though this number is well above […] [Read More]

Since more dealers of all kinds are considering a buy-here, pay-here operation, our sister publication SubPrime Auto Finance News is hosting one of NCM Associates' top BHPH trainers for a free webinar to help dealers make better decisions regarding reconditioning. BHPH specialist Gene Daughtry will explain the different business models and the levels of reconditioning […] [Read More]

If estimates from CNW Research come to fruition, you can expect annual used-car sales higher than 41 million units for “the foreseeable future.” That includes this year's projected sum of 41.25 million used-car sales, according to the Retail Automotive Summary released by the firm this week. The full-year 2013 total, if reached, would be about […] [Read More]

Auto Remarketing Conferences announced today that SmartAuction has once again signed on as the presenting sponsor for the National Remarketing Conference. In addition, SmartAuction and Ally have signed on for a number of other sponsorships throughout the Used Car Week Conferences, including refreshment breaks at the Re3 Conference and the Women in Remarketing awards during […] [Read More]

Though retail interest in trucks continues to rise with growth in construction and housing development, auction prices for these vehicles took a downward turn last week after showing price strength through much of the spring. Black Book’s Ricky Beggs explained that all 14 truck segments experienced price declines last week, with the smallest decline being […] [Read More]

For dealers who have parents in their showroom looking for a used vehicle for that new young driver in the household that’s safe, reliable and cheap to run, CarInsurance.com created a list of 14 models that fit the mold. To land on the list titled, “Best Cars for Teens,” the site examined four-year-old models retailing […] [Read More]

In the last couple of articles, we talked about getting Gen X and Y consumers to pull the trigger — visiting your lot and buying a vehicle. In this chapter, we’ll delve a little deeper into the science of winning these consumers online. As we’ve already covered, the Internet has fundamentally altered the way younger […] [Read More]

AutoTraderClassics.com, an online marketplace for classic car enthusiasts, is offering consumers a new sweepstakes which gives participants the opportunity to win a "Dream Car Tour" and more. The site will be giving the winner a check for $5,000 and the Dream Car Tour, offered by Gotham Dream Cars. The company explained the tour includes a […] [Read More]

Donating $20 for each new-car sale and $1 from every oil change can add up to help families in need, says one Oklahoma dealership. Hudiburg Chevrolet and Ally Financial have announced a community challenge for the month of July, to raise money for Operation Homefront Oklahoma, an organization that provides emergency financial assistance to military […] [Read More]