Latest News

Hertz Continues to Claim It Has Lead Over Avis in Potential DTAG Merger -- September 02, 2010
PARK RIDGE, N.J. — In a presentation Hertz provided to its Institutional Shareholder Services/RiskMetrics Group earlier this week, Herz management revealed that a merger by Avis Budget and Dollar Thrifty "poses a far higher anti-trust risk than a merger of Hertz and Dollar Thrifty." As part of the presentation, the company showed ... [ Full Story ]

KeyBanc Expects SAAR Improvements to Persist -- September 02, 2010
CLEVELAND — While the seasonally adjusted annualized rate for August's new-vehicle sales was weaker than the year-ago period — which, of course, included the CARS program — there are some positive signs for the industry, according to one particular analyst. Finding the industry's results from the last two months encouraging, KeyBanc Capital Market senior automotive analyst Brett Hoselton said ... [ Full Story ]

Manheim Daytona Beach Security Guards Help to Thwart Robbery Attempt -- September 02, 2010
DAYTONA BEACH, Fla. — Watchful security personnel at Manheim Daytona Beach apparently overcame intimidating ploys by would-be thieves and started the process that included a high-speed chase and ended with the arrest of four men and a 17-year-old juvenile who attempted to steal four vehicles. According to Volusia County deputy sheriffs, the incident began when ... [ Full Story ]

Edmunds.com: August Incentives Stronger than Typical -- September 02, 2010
SANTA MONICA, Calif. — With more budget-conscious shoppers and the CARS "hangover" still lingering, there was a heavier dose of incentives than ... [ Full Story ]

Dealer Synergy to Host Internet Sales Twenty Group Workshop -- September 02, 2010
PHILADELPHIA — Dealer Synergy urged principals, general managers and high-level Internet sales directors to attend its upcoming three-day training workshop meant to equip stores with everything they need to flourish in the online automotive market. The Internet Sales Twenty Group will be led by ... [ Full Story ]

Chicago Dealers Gain New Marketplace to Facilitate Sales, Drive Leads -- September 02, 2010
CHICAGO — Dealers in the Chicago region now have a new online tool at their disposal for reaching a broad spectrum of auto shoppers in the Windy City's metropolitan area. ToDrive.com ... [ Full Story ]