On the heels of declaring it is no longer up for sale, Dollar Thrifty Automotive Group announced Wednesday that its subsidiary Rental Car Finance Corp. completed the private placement of $400 million of Series 2011-2 asset backed medium-term notes.  [Read More]

As domestics increased their share of consumer interest and sales during the third quarter — while imports saw consumer interest fall — one particular Big 3 brand moved ahead of a Detroit rival to top the brand share rankings on NADAguides.com. Reaching the No. 1 spot on the site during the period was Chevrolet, which […] [Read More]

A study that came out today from Gfk Automotive revealed that dealers and OEMs might have a hard time fostering brand loyalty among the younger generations. The Gfk Automotive Intentions and Purchases Study — which monitors consumer demand for vehicles — showed that car buyers from the X and Y generations may be more concerned […] [Read More]

Earlier this week, Motor Trend revealed its 2012 SUV of the Year, culminating 10 days of introductions for each of the contenders vying for this year’s honor. The winning model was the Land Rover Range Rover Evoque. Motor Trend believes the all-new Evoque is a radical departure from Land Rover’s more traditional offerings. Offered in both […] [Read More]

Dealer Tammy Darvish was quite surprised to see the news. On Tuesday, Consumer Reports had just panned three of Ford’s new models for “blemishing” the brand’s reputation as “a model of American reliability.” The publication ranked the Ford brand 20th in its overall reliability rankings released Tuesday, and it said the 10-spot decline was driven […] [Read More]

Cherokee Automotive Group recently announced that the Used Car Week Conferences — the National Remarketing Conference, the CPO Forum and the Re3 Conference — are on track to set new attendance records this year. Organizers are also urging attendees to make hotel reservations as soon as possible, since rooms at the Red Rock Casino, Resort […] [Read More]

With incentive spending on the rise and SAAR expected to reach the highest level seen since August 2009, TrueCar.com believes that consumers are “no longer dragging their feet” when it comes to buying a new car. "Consumers are no longer dragging their feet on new vehicle purchases as they feel the economy is moving in the […] [Read More]

J.D. Power and Associates discovered Tuesday that the proportion of vehicle shoppers who use smartphones to access automotive information on the Internet has increased by more than 40 percent from 2010.  J.D. Power’s 2011 Automotive Mobile Site Study examined the features and content of OEM-sponsored and third-party mobile websites and their usefulness in engaging shoppers […] [Read More]

Predicting the rate at which a used-model depreciates, or the collateral risk on an auto loan, can be a very difficult task. So how can lenders assess loss severity potential for their portfolios? Black Book believes it has a solution. The company is looking to help fill this void by launching a new Black Book […] [Read More]

Although eight of the 10 fastest-growing brands in terms of attracting female buyers are from the Big 3, one particular European automaker dwarfs all other brands when it comes to female ownership, according to Edmunds.com. Topping the site’s list of auto brands that have seen the largest gains in the percentage of sales that went to […] [Read More]