The online shopping high point of the year seemed to serve the automotive industry well, at least according to Swapalease.com. Nov. 28 — or Cyber Monday — showed shoppers searching for discounts on everything from clothes to electronics and even cars. Taking advantage of the influx of online shoppers, Swapalease.com’s staff noted that it discounted […] [Read More]

The National Highway Traffic Safety Administration recently revealed a trio of recalls involving models from Nissan and Ford, initiatives that involve more than 78,000 units. The largest of the three is connected with 2010 and 2011 Nissan Sentras, vehicles equipped with MR20 engines and manufactured from May 11 to 22 and July 8 through Oct. […] [Read More]

This is Cherokee Automotive Group’s last e-newsletter of the year. We are going dark for the holidays to have time to celebrate with our families. We will pick back up with Auto Remarketing Today on Tuesday, Jan. 3. We hope you have enjoyed the industry coverage from Auto Remarketing and SubPrime Auto Finance News in […] [Read More]

If Dataium’s Auto Shopper Intensity Index from last month is any indication, December’s new-vehicle sales are likely to be “positive but less than stellar,” and the New Year will probably ring in with a softer car market. Dataium explained that although the seasonally adjusted annualized rate is above year-ago figures and full-year sales should eclipse […] [Read More]

Automotive Resources International has turned the spotlight to auctioneers in a new award whose inaugural winners were announced Tuesday. Receiving ARI’s first-ever Auctioneer of Distinction awards are three men the company is recognizing for their strong communication skills and ability to foster relationships between buyers and sellers on the block. Earning inaugural honors are: —Ron Janacek, […] [Read More]

Stemming from a three-month trend of average list prices of late-model vehicles dropping 4.1 percent, CarGurus pinpointed a dozen units where the retail price is down by 10 percent or more. The highlighted units predominantly are from foreign OEMs with a quartet of domestic models included, too. The vehicles mentioned by CarGurus include: —2007 Toyota […] [Read More]

As Christmas Eve rolls around and parents struggle to get their children to fall asleep amid excitement about Santa’s arrival, they might just be able to tell their kids the exact whereabouts of Ole’ St. Nick before finishing up the wrapping and setting out the cookies and milk.  OnStar has joined in the holiday fun […] [Read More]

On Super Bowl Sunday, Volkswagen of America is taking aim at replicating the buzz that a certain “mini Darth Vader” helped it generate during last year’s big game. The company revealed earlier this week that it will air a Super Bowl advertisement for the third straight year. At the start of the third quarter of […] [Read More]

With used supply drying up amid the stiff competition for limited resources, dealers often have to pull out all the stops to find enough used cars for their lots. For instance, small independent dealerships, selling an average of zero–100 units annually, find close to 27 percent of their inventory through purchases off the street, according […] [Read More]

Having served as executive director for the past seven years, the National Auto Auction Association elevated Frank Hackett to the newly created position of chief executive officer of the association. NAAA on Monday said the transition is effective immediately. The association explained the change reflects the expanding role of the organization, its growing visibility as a voice […] [Read More]