On the heels of the federal government announcing its 2017—2025 fuel-economy proposal last week, the National Automobile Dealers Association is reminding dealerships to pick up their copy of the 2012 Fuel Economy Guide, which was recently released by the U.S. Department of Energy and the Environmental Protection Agency. Included in the guide are detailed fuel-economy […] [Read More]

The Hudson Cook law firm revealed recently it has a new partner to establish its Cleveland office, hiring an attorney who previously served as counsel for Chrysler Financial. Joining the firm is Angela Maynard Shovein, whose practice will focus on federal and state consumer financial service laws. Officials noted that Maynard most recently was counsel […] [Read More]

Auto Remarketing’s Used Car Week officially concludes today with a series of concurrent workshops. [Read More]

After an October that saw sales soar, bringing the SAAR over 13 million, the industry is expected to keep picking up steam, according to J.D. Power and Associates. Per the company’s monthly sales forecast, this month’s total light-vehicle sales are expected to come in at 975,600 units, marking an 8-percent climb year-over-year. That said, fleet […] [Read More]

If the 2011 DuPont Automotive Color Popularity Report is any indication, it might be a wise idea for dealers to stock several white and silver vehicles on their respective lots. Surpassing longstanding rivals black and gray, DuPont revealed Thursday that white/white pearl joined silver at the top of the world color ranks in this year’s […] [Read More]

AutoNation revealed Thursday that it has started talks with new and existing lenders for a new credit agreement totaling about $1.5 billion. The proposed five-year deal would include term loan and revolving credit facilities, and it would roughly be $328 million higher than the existing agreement. Additionally, the agreement would include an accordion feature that […] [Read More]

Revealed Thursday, another big award has been announced at the Los Angeles Auto Show. Taking home the title of the 2012 Green Car of the Year is the 2012 Honda Civic Natural Gas. The Green Car Journal presented Honda with the award in part because of the OEMs innovation —  having made the first factory-built […] [Read More]

Along with a new class of Women in Remarketing being honored, today’s agenda is packed full, with the day kicking off with a Keynote Address featuring a diverse panel, including the perspective of dealers, automakers and lenders on the state of the used-car industry. This panel includes Jennifer Costabile, of GM Fleet and Commerical Operations; […] [Read More]

The inaugural Re3 conference on Wednesday served as a platform for lender executives, repossession and recovery agents, as well as attorneys, to come together to discuss the industry’s challenges. Mike Goins, head of loss recovery at TD Auto Finance, who served on the “The State of the Industry” panel Wednesday morning, called the event very […] [Read More]

Generating pointed reaction from auto industry associations, the U.S. Environmental Protection Agency and the U.S. Department of Transportation Wednesday formally unveiled their joint proposal to set stronger fuel economy and greenhouse gas pollution standards for model year 2017–2025 passenger cars and light trucks. What is concerning to the National Automobile Dealers Association revolves around the […] [Read More]