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AutoRemarketing.com’s Top Stories of the Week
CARY, N.C. — Readers of AutoRemarketing.com came in droves to learn more about what further recommendations the National Auto Auction Association made concerning vehicles that should no longer be sold at auction.
NAAA's recommendations stemmed from the ongoing turmoil surrounding certain Toyota units.
Readers also were interested in General Motors officials giving their stance that the Pontiac Vibe is safe, despite being impacted by Toyota's recall.
The top five stories from AutoRemarketing.com this week are:
1. List of Vehicles Pulled from Auctions Expands
FREDERICK, Md. — On Friday, the National Auto Auction Association announced a slight expansion to the list of vehicles that it recommends no longer be sold at auction. The list now includes a model from General Motors …
2. NAAA Recommends Member Auctions Stop Selling Eight Toyota Models
FREDERICK, Md. — The National Auto Auction Association issued a recommendation this morning that all member auctions immediately halt the sales of recalled Toyota vehicles, covering those the automaker ceased selling. The models involved include …
DETROIT — After it came to light that General Motors' Pontiac Vibe was also impacted by Toyota's recall and included in the National Auto Auction Association's recommendation to cease selling at auction, the automaker performed some tests and …
4. Chrysler Agrees to Arbitration, 409 Dealers Seek Reinstatement
AUBURN HILLS, Mich. — Despite some reports that Chrysler was considering a lawsuit to stop the arbitration process, the automaker released a statement Thursday announcing that it …
5. Webb: Used Sales Increase Likely, Floor Plan Challenges Remain
ATLANTA — When asked in the Manheim Consulting's January Auto Industry Brief whether he expects used-vehicle sales will climb this year, chief economist Tom Webb said he …
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 site, SubPrime Auto Finance News, to learn more about the trends and challenges facing the auto finance industry.
