Wholesale
GM Names New Head of Pre-Owned, Remarketing Ops
Thursday, Jan. 14, 2010, 02:00 AM
Auto Group Editor Jennifer Reed
DETROIT — On Wednesday, General Motors named a new executive director for fleet and commercial operations, who will also head up pre-owned and remarketing operations, as well as assume responsibility for the International Product Center. Taking on this position, effective immediately, is Brian Small. Small most recently served as general director for GMNA order fulfillment and global […] [Read More]
Swapalease.com Reports ’09 Traffic Upswing, Top Vehicle Searches
Wednesday, Jan. 13, 2010, 11:58 AM
Auto Remarketing
CINCINNATI — Swapalease.com, a leading online lease transfer site, on Wednesday discussed not only how much activity increased last year but also the specific vehicles consumers sought most. Site officials indicated three times as many consumers used Swapalease.com to get out of a vehicle lease in 2009 as compared to the previous year. They went on […] [Read More]
VW Returns to Super Bowl for Launch of New Ad Campaign
Wednesday, Jan. 13, 2010, 11:56 AM
Auto Remarketing
HERNDON, Va. — No matter the football teams matching up in Super Bowl XLIV, Volkwagen will have a spot in the lineup during one of the most-watched television events of the year. VW plans to use the opportunity to roll out an extensive marketing campaign. This will mark the first time in nine years the automaker […] [Read More]
New Book from vAuto’s Pollak Can Help Dealers Boost Used Ops
Wednesday, Jan. 13, 2010, 01:56 AM
Auto Remarketing
OAKBROOK, Ill. — Dale Pollak, founder and chairman of vAuto, recently released his second book, Velocity 2.0: Paint, Pixels & Profitability, which offers dealers ROI-based management metrics and processes that they can use to boost the efficiency and profitability of their used-car operations. The new book continues from where his first book, Velocity: From the Front Line […] [Read More]
GOSO Introduces Inventory Solution for Facebook
Monday, Jan. 11, 2010, 03:56 AM
Auto Remarketing
WASHINGTON, D.C. — Dealers who want to use Facebook as a way to push their inventory listings and more on the ever-growing Web site now have that opportunity thanks to an industry-first solution developed by GOSO, a Web and social media marketing suite. GOSO coordinated with a Minnesota dealership on an early version of this new application […] [Read More]
Manheim Canada Announces Nationwide Support of OMVDA
Friday, Jan. 8, 2010, 12:00 PM
Auto Remarketing
MISSISSAUGA, Ontario — Manheim Canada issued a nationwide stamp of approval for the Ontario Motor Vehicle Dealers Act this week, saying that it will support its auctions throughout the country complying with the regulations regardless of whether they are in the province or not. As such, Manheim Canada has amended its National Arbitration policy so that […] [Read More]
Mazda Canada Dealers to Use RouteOne
Friday, Jan. 8, 2010, 11:59 AM
Auto Remarketing
TORONTO, Ontario — RouteOne Canada recently announced that Mazda Canada has elected to use the RouteOne platform as the exclusive source for its dealers to access the automaker's retail financing programs. "Our partnership with RouteOne Canada strengthens our ability to manage our financing programs to deliver competitive incentives to our dealers and customers," shared Mike Collinson, […] [Read More]
Ontario Dealer Loses Registration
Friday, Jan. 8, 2010, 11:58 AM
Auto Remarketing
TORONTO, Ontario — The Ontario Motor Vehicle Industry Council sent out a warning late last month notifying consumers of a dealership in the province that had its registration revoked for alleged deceptive practices. OMVIC said that it took away the registration of Prestige Toys Ltd., as of Dec. 14 for apparently misleading customers about the histories […] [Read More]
AuctionNet: Used Supply Shortage to Calm Down in 2010
Friday, Jan. 8, 2010, 02:00 AM
Auto Remarketing
McLEAN, Va. — Wholesale values were pushed up every month last year, thanks largely to the fact that the number of used vehicles being pumped into the U.S. market in the last two years has shown a decrease in the neighborhood of 8 million units, according to AuctionNet data. Despite this plunge in used inventory, the […] [Read More]
Year-End CPO Sales Fall, but Some Brands Post Strong Improvements
Friday, Jan. 8, 2010, 01:59 AM
Auto Remarketing Editor Joe Overby
TORRANCE, Calif. — Yearly certified pre-owned sales in 2009 were down almost 10 percent from 2008 — a year that saw several brands break full-year records as the industry's certified sales climbed 1 percent — but it wasn't all doom and gloom in the CPO market during the final month of the year. Despite the overall softening, some automakers […] [Read More]