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April 19th, 2011 | No Comments | |
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ALG, a DealerTrack company, will be hosting a webinar focusing on the U.S. Auto Industry Outlook and 2011 Residual Trends. Topics to be discussed include fuel prices, housing forecast, wage growth, and the used supply/wholesale market outlook, residual trends and ALG metrics.
Date: Wednesday, April 27, 2011
Time: 2:00 PM – 3:00 PM EDT
Click here to register.
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April 11th, 2011 | No Comments | |
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Future Used Vehicle Supply and Residual Value Forecast May Also be Impacted
Santa Barbara, Calif., April 11, 2011 – The recent Japan disaster could result in a nearly 10 percent jump in new vehicle pricing for some key models, among other effects to the automotive industry, according to a just-released report by ALG, a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK) and the industry benchmark for residual values and depreciation data.
With the disaster causing suspensions in operations for a majority of Japanese vehicle production facilities, dramatic disruptions to supply chains and damage to manufacturers’ fully-assembled vehicle inventory in the region, the ALG report analyzes the impact on new vehicle transaction prices, current new and future used vehicle supply, and residual values. The ALG analysis reveals that while a short 20-day interruption may have little or no impact, longer interruptions equating up to 100 days of vehicle production could cause an eight-to-nine percent increase in vehicle pricing on some models and a 0.2 to 0.7 percent increase in 36-month residual values as a result of changes in future used supply…
Click here for the full release.
For the complete ALG Japan Crisis Report, visit: http://www.alg.com/pdf/whitepaper_japan_crisis.pdf
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February 17th, 2011 | No Comments | |
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TORONTO, Feb. 17, 2011 /PRNewswire/ — ALG, a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK) and the industry benchmark for residual values and depreciation data, today announced the winners of its third annual Canadian Residual Value Awards, with Subaru and Infiniti taking the awards for top mainstream and luxury brands, respectively. Click here for the full release.
ALG’s Residual Value Awards honor the vehicles in each segment that are predicted to retain the highest percentage of their original price. This year’s Canadian awards are based on 2011 model year vehicles, and winners were chosen after a careful evaluation of vehicle criteria – including segment competition, historical vehicle performance and industry trends. The complete list of winners can be found at https://www.alg.com/ResidualValueAwardsCA.
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February 7th, 2011 | No Comments | |
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February 3rd, 2011 | No Comments | |
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Click here to listen to an interview with NADA Chairman Ed Tonkin by the Detroit CBS affiliate. Mr. Tonkin discusses issues car dealers face, as the 2011 NADA convention gets underway this weekend in San Francisco.
Be sure to stop by the DealerTrack booth and learn more about the DealerTrack Performance Suite, including our DMS, AAX Inventory Management Solution, as well as our Sales, F&I and Compliance tools. #NADA2011.
