AutoRemarketing.com’s Top Weekly Stories
CARY, N.C. — Recapping AutoRemarketing.com's most-read stories for the week, news about a pair of industry veterans launching American Auto Auction Group drew plenty of attention.
Also catching readers' eyes was a story explaining how authorities broke up an alleged auto theft ring in Indiana.
The top five stories from AutoRemarketing.com this week are:
1. American Auto Auction Group Debuts
CHARLESTON, S.C. — Two well-known industry veterans have joined together to launch American Auto Auction Group. The company is headed up by …
2. Five Indicted in Ind. for Alleged Auto Theft Ring
INDIANAPOLIS — Following their arrests after a seven-month investigation by federal, state and local authorities, five alleged members of an auto theft ring have …
3. Black Book: Auction Prices Show Surprising Drop
GAINESVILLE, Ga. — Although the first two weeks of auction sales in 2010 showed an upswing in activity and attendance, as well as a few pockets of interest and bidding gains, there was a "somewhat surprising" decline in …
4. Bell: Leasing to Show Uptick?
IRVINE, Calif. — While the industry's lease penetration rates haven't been at their typical 20- to 22-percent levels and might not necessarily return to the "high-flying days," Kelley Blue Book's James Bell suggested that …
5. TrueCar Names Most Heavily Discounted Vehicles, More
SANTA MONICA, Calif. — During this time of year, when the auto market is in the midst of a traditionally slow season and automakers are less apt to offer incentives, dealers are often more inclined to …
Editor's Note: For more, stay tuned to the Auto Remarketing Today daily e-newsletter for the latest breaking news in the industry. Also, visit our sister publication, SubPrime Auto Finance News, to learn more about the trend and challenges facing the auto finance industry.