Auto Remarketing: NEW ROADS: Weighing pros and cons of vehicle subscriptions – Part I

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In this article, Maryann Keller, principal of MK&A, provided her opinions on the viability of various automaker and dealer subscription programs. Maryann stated “I don’t think the auto companies have answered some fundamental questions.”

The article can be read at the link below:
https://www.autoremarketing.com/technology/new-roads-weighing-pros-and-cons-vehicle-subscriptions-part-i

AutoNews: N.Y. BMW store relied on unusual marketing, a powerful brand and being fortunate

In this article, Jeremy Alicandri, managing director of MK&A, was quoted on his automotive industry experience during the Great Recession. Jeremy stated “a day of reckoning could come at any time.”

The article can be read at the link below:
http://www.autonews.com/article/20180910/RETAIL07/180919994/jeremy-alicandri-dealership-recession

Auto Remarketing’s 40 Under 40 honorees for 2018

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Jeremy Alicandri, managing director of MK&A, was recently selected as a honoree for Auto Remarketing’s 40 under 40 recognition. The official award ceremony will be held in Scottsdale in November of 2018.

More details can be read below:
https://www.autoremarketing.com/trends/auto-remarketings-40-under-40-honorees-2018

Bloomberg: Trump Makes Multiple Gaffes Portraying Chevrolet as a Trade Victim

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In this article, Maryann Keller, principal of MK&A, was quoted by Bloomberg on recent statements by President Trump regarding GM’s Chevrolet brand. Maryann stated “what he’s saying is not validated by history.”

 
The article can be read at the link below:
https://www.bloomberg.com/news/articles/2018-08-22/trump-makes-multiple-gaffes-portraying-chevrolet-as-trade-victim

*Photo Credit: Bloomberg.

Bloomberg: Tesla Board Torn Between Service to Shareholders and Iconic CEO

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In this article, Maryann Keller, principal of MK&A, was quoted by Bloomberg on the recent actions of Tesla’s founder, Elon Musk. Maryann states “he isn’t doing the stock or the perception of him as a leader any good.”

 
The article can be read at the link below:
https://www.bloomberg.com/news/articles/2018-08-17/tesla-board-torn-between-service-to-shareholders-and-iconic-ceo

 

*Photo Credit: Bloomberg.

AR: Remarketing of Cars Becomes More Sophisticated.

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During her presentation at the Automotive Intelligence Summit in Raleigh, Maryann Keller, principal of MK&A, explains that used vehicle remarketing is become “more sophisticated.” Specifically, she shares data that show that a significantly growing percentage of used vehicles are now sold via upstream channels and thus never reach a traditional wholesale vehicle auction. “Citing data from RVI Analytics, Keller said that 28 percent of off-lease vehicles in 2013 were sold in upstream channels.  But last year, almost half went that route.”

 
The article can be read at the link below:
https://www.autoremarketing.com/wholesale/keller-remarketing-cars-becomes-more-sophisticated

*Photo credit: Jonathan Fredin.

Sergio Marchionne, auto executive who brought Chrysler back from the brink, dies at 66

Earlier today, the Washington Post published an obituary on automotive legend, Sergio Marchionne. Maryann considered Sergio one of the industry’s most talented CEOs – she would regularly describe him as an absolute genius. Maryann’s comments can be read on the Washington Post’s website:

https://www.washingtonpost.com/local/obituaries/sergio-marchionne-auto-executive-who-brought-chrysler-back-from-the-brink-dies-at-66/2018/07/25/d857848e-8ff2-11e8-8322-b5482bf5e0f5_story.html

 

Note: Sergio is a true legend that will never be replaced nor forgotten. We wish him a fond farewell on the final leg of his eternal journey.