This Week’s Top Stories from AutoRemarketing.com
CARY, N.C. — When it came to top topics on AutoRemarketing.com this week, our readers wanted to know which 2010 vehicles would be recommend to consumers most by a well-known online source.
Another popular story at AutoRemarketing.com discussed future wholesale market trends based on AuctionNet data.
The top five stories from AutoRemarketing.com this week are:
1. Edmunds.com's 2010 Most Recommended Vehicles
SANTA MONICA, Calif. — Edmunds.com recently unveiled its 2010 New Car Buying Guides, where it named the …
2. AuctionNet: Used Supply Shortage to Calm Down in 2010
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 …
3. Deloitte Survey Sheds Light on Preferences of Younger Buyers
DETROIT — According to a recent Deloitte survey, individuals who are age 18 to 30 and make up what's known as Generation Y will likely be creating plenty of business for used-vehicle dealers. The survey determined that …
4. Webb Predicts Modest Improvement in Wholesale Supplies
ATLANTA — Despite contentions that the market could be challenged to generate adequate wholesale supplies due to drops in repossessions and off-lease vehicles, Manheim chief economist Tom Webb still sees …
5. Recovery Survey: Repossession by the Numbers
ATLANTA — Auto Auction Services Corp. recently hosted a focus group for the repossession industry, inviting recovery agency managers to give …
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 trends and challenges facing the auto finance industry.