January 17, 2014
The Week's Top News
QUICK READ: WEEK'S TOP AUTO NEWS

self-driving-car 1. 54M People to Own Self Driving Cars by 2035, Says IHS

  • Self-driving cars expected to hit the road in 2020
  • U.S. sales to be 12M, with 54M on road globally
  • Safety will drive sales; traf­fic and air pol­lu­tion also factors

GET MORE INFO


Los Angeles Times
auto-production 2. Supply & Demand Concern & Risk of Overcapacity Confront OEMs

  • Com­ing off a profit and big sales year, talk of too many vehi­cles in pipeline
  • Trend to watch: New fac­to­ries are set to crank out vol­umes of new vehicles
  • Run­ning at 100% of full capac­ity presently but drop means price war

GET MORE INFO


Wall Street Journal
tesla 3. Oregon Tracking Resident Cars to Collect a Mileage Tax

  • Your car will soon tell tax­ing states & agen­cies its odome­ter readings
  • A mileage tax is com­ing to the states, start­ing with Oregon
  • Telem­at­ics and info­tain­ment sys­tems in place to gain mileage from cars

GET MORE INFO


The American Conservative
banks-jonathan

VIDEO: Jonathan Banks on What to Expect in 2014

NADA Used Car Guide expects another phe­nom­e­nal year in 2014. Lease and fleet returns will increase sup­ply for more CPO sales.

VIDEO: Remarketing Today
Lang_Alan_NextGear Capital_UCMR
  A Good Remarketing Year for Dealers
 

Leas­ing inven­tory will grow 18% or more and the lend­ing cycle is becom­ing more com­pet­i­tive – giv­ing deal­ers more choices.

BLOG: Automotive Digestibles
green_machine_blog_image
  This Week’s Green Auto Market: Fisker Bankruptcy, Used Green Car Prices Dipping
 

Set­tle­ment of the Fisker Auto­mo­tive bank­ruptcy and bid­ding for new own­er­ship con­tin­ues to be dragged out — but the Delaware plant may sur­vive. Also, Elec­tric vehi­cles, hybrids, and small, fuel effi­cient vehi­cles are hav­ing a tough time on the used vehi­cle mar­ket lately: Black Book’s Ricky Beggs and Kel­ley Blue Book fore­cast down­ward pricing.





The Week's Top News
CONTINUED

toyota-rebranding 4. Toyota Seek to Shift Perceptions with Cars That Spark Emotion

  • Toy­ota rebrand­ing from sedate to designs that appeal to new buyers
  • FT Con­cept cars is real effort to shift per­cep­tion of Toy­ota vehicles
  • Com­pe­ti­tion is inten­si­fy­ing to reach new con­sumer preferences

GET MORE INFO

autobytel_advisor22 5. Autobytel Buys AutoUSA to Expand & Consolidate Dealer Network

  • Auto­by­tel bought pre­mier web-based auto leads ser­vice provider com­peti­tor AutoUSA
  • Expands reach & influ­ence by increas­ing new & UC dealer network
  • Dealer net­work now 5,200 includ­ing Auto­Na­tion; Boosts OEM business

GET MORE INFO

Doing It Right  
REMARKETING RESOURCES

Auc­tion Edge’s EDGE Simul­cast™ has been tak­ing off with inde­pen­dent auc­tions and has been installed at 20 auc­tion facil­i­ties.

EDGE Simul­cast plat­form allows auc­tions to pro­mote their sales online, enabling fast-paced bid­ding across all auc­tion lanes simul­ta­ne­ously while pro­vid­ing imme­di­ate access to vehi­cle infor­ma­tion, con­di­tion reports and pho­tos. Both the bid­der and seller appli­ca­tions are user-friendly, robust and run reli­ably on indus­try stan­dard web browsers.

Deal­ers can stay back at their head­quar­ters and still acquire qual­ity used vehi­cles, says Dan Kennedy, man­ager of Gen­eral Motors Remar­ket­ing.

Har­ris­burg Auto Auction’s Lynn Weaver, Part­ner and Gen­eral Man­ager of, says the auc­tions has received great feed­back from deal­ers around coun­try.

Read all about the Auc­tion Edge announce­ment for more details on this inno­v­a­tive remar­ket­ing tool.

 
 



Build a Better Dealership
SMART INSIGHTS FOR SMART DEALERS

Toyota leasingWhat Could Off-Leasing Boom Mean in 2014?

Leas­ing turned things around for vehi­cle sales three years ago – fueled by low inter­est rates, ris­ing resid­ual val­ues, and sweet deals from automak­ers with lower monthly payments.

Now, more off-lease cus­tomers are start­ing to return to the mar­ket. Automak­ers, deal­ers, and lenders are start­ing to pon­der a few questions.

What does it mean for brand loy­alty and cus­tomer reten­tion? Off-lease cus­tomers tend to be good for reten­tion, but the com­pet­i­tive land­scape is get­ting intense with incen­tives and low-priced monthly pay­ments being promoted.

Gen­eral Motors entered the leas­ing race last month after being away for a long time.

Auto lenders have been soft­en­ing their under­writ­ing stan­dards this year. Leas­ing has been grow­ing in this envi­ron­ment. What if lenders have gone too far?

Click here to read about other issues being con­sid­ered includ­ing early buy­outs and the resid­ual value environment…….

Opportunities, Challenges & Electric Vehices  

The future of Fisker Auto­mo­tive might be viewed as a sym­bolic tale of where eco­nomic alliances – and com­pe­ti­tion – now stand between the US and China.

Two Chi­nese investors are vying to take over the trou­bled US maker of the lux­ury, extended range Fisker Karma.

While EV sales fig­ures in either coun­try are highly unlikely to meet the mil­lion unit EV mark set by Pres­i­dent Obama within the next two years, the race is still being run.

The invest­ments have been impressive:

  • An elec­tric ver­sion of the Saab 9–3 for sale in China is crit­i­cal for Saab a year out of its bank­ruptcy proceedings.
  • Tesla Motors has been work­ing hard to get its web­site domain name back in China from a Chi­nese owner.
  • Actor Leonardo DiCaprio announced he’s form­ing a team to par­tic­i­pate in a new EV rac­ing cir­cuit that will launch its inau­gural sea­son in Bei­jing next September.

Read all about the oppor­tu­ni­ties and chal­lenges that EVs present for the US and Chi­nese auto markets……






Dealer Resources 
Autobytel
Looking for the Best Leads in the business?
DealerRater.com
Helping dealers manage their reputation.
OneCommand
OneCommand deploys leading-edge communications technology proven to increase response rates, drive traffic, and lower marketing costs.
AutoTrader.com
Partnering with AutoTrader.com alone gives your inventory unparalleled online exposure.
Fiserv
Fiserv offerings address every step of the automotive lending process.
Thrifty Car Sales
Find out what Thrifty Car Sales Franchise Opportunities can do for you.
AutoUSA
AutoUSA Internet Sales Solutions brings the best-in-class tools to increase Internet sales and lower costs for automotive dealerships.
IMN
IMN is the digital marketing company that delivers branded newsletters and content for more than 3,000 organizations worldwide, combining custom, vertically-oriented content with advanced publishing technology and services.
vAuto
vAuto's Provision™ suite of inventory management tools is the auto industry's leading solution to help dealers increase used vehicle sales, profitability and return on investment.
Dealer.com
Turn-key automotive Internet marketing on one platform.
NADA University
One Source, Endless Possibilities, 24/7.




If you find that you received this newsletter by mistake or wish to unsubscribe to this publication, please click here to unsubscribe from the mailing list.

ADVERTISE WITH US - Contact AIN Media Publisher Chuck Parker at cparker@automotivedigest.com or (310) 265-2225 to learn more.