January 17, 2014
The Week's Top 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


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


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


The American Conservative

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
  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

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


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


Doing It Right  

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

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……

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