The auto market has been among the bright spots for many parts of the country lately, as most Federal Reserve Districts saw car sales climbs and improvements in new-vehicle supply following disruptions earlier this year. These were just two of the findings in the latest Beige Book report from the Federal Reserve Board, which delved into […] [Read More]

About two years ago, Chrysler’s Sterling Heights (Mich.) Assembly Plant was on the chopping block. How times have changed. On Tuesday, the automaker announced it is pumping $165 million into the plant to add a 1 million square-foot body shop. As part of the investment, the plant will not only get a new body shop, but […] [Read More]

Avis Budget Group announced that its Avis Budget Rental Car Funding subsidiary renewed its U.S. asset-backed bank conduit facility, expanding its borrowing capacity by $450 million to $2.5 billion. Officials indicated the date until which the company may borrow under the entire facility has been extended to October 2013. J.P. Morgan and Deutsche Bank served […] [Read More]

As baseball’s World Series gets into full swing this week, the St. Louis Cardinals and Texas Rangers have a lot in common, with both bringing a lot of power to the plate as the they feature some of the game’s top sluggers. [Read More]

Analysts from Edmunds’ AutoObserver.com stand convinced smaller engines are taking over the new-vehicle market. They point to two reasons for the shift: improved technology and a push for better fuel efficiency. According to Edmunds.com’s data, the proportion of vehicles sold in the United States with four-cylinder engines has climbed from 32 percent in 2007 to […] [Read More]

Media network and publisher for women BlogHer Inc., announced Monday the results of a survey that delved into how women feel and where they turn for advice while buying a car. The company explained that the survey results — which were revealed at the J.D. Power & Associates 2011 Automotive Internet Roundtable in Las Vegas […] [Read More]

NADAguides released a list of vehicles it thinks consumers in the market for a new car should make sure to take a look at this season.  The company has picked a collection of domestic and foreign vehicles, as well as some luxury units, to spice up the list that  includes the 2012 Buick Enclave, 2012 […] [Read More]

Although Hyundai still held its perch atop the industry for brand loyalty in the third quarter, its customer allegiance declined by more than 4 percentage points, and the automaker now has a Japanese company nipping at its heels, according to Kelley Blue Book. Hyundai commanded 48 percent loyalty on Kbb.com, which was off 4.4 percentage […] [Read More]

Cherokee Automotive Group announced earlier this week that it has extended the early registration discount for its upcoming Used Car Week Conferences — the National Remarketing Conference, the CPO Forum and the Re3 Conference — which will be held Nov. 14–18 at the Red Rock Casino, Resort and Spa in Las Vegas. [Read More]

Following similar trends as July and August, the Dataium Automotive Shopper Intensity Index rose significantly last month, moving higher by almost 8 percent. The index climb, showing potential for an increase in retail sales in the next few weeks, bodes well for dealers and manufacturers — particularly Chrysler and Infiniti. Conversion rates or leads per […] [Read More]