Two of Edmunds.com’s top experts think market conditions may play out in favor of fleet managers during the second half of this year — both to buy and sell vehicles. Chief economist Lacey Plache and senior analyst Jessica Caldwell made this declaration during a recent presentation to the National Association of Fleet Administrators. “Declining consumer […] [Read More]

As part of a broad range of new services launched at the beginning of last month, Ritchie Bros. Financial Services tapped its financing provider for operations in the United States — going with Direct Capital. RBFS commenced operations on July 1 and is partnering with leading equipment finance providers in an attempt to bring fast, […] [Read More]

DealerRater said Wednesday that it recently reached a milestone in its dealer customer base and also hit a landmark for dealership evaluations on the site. More specifically, the dealer review website said it signed on the 4,000th member to the Certified Dealer Program. Moreover, the site reached 400,000 store reviews posted by consumer customers. Both […] [Read More]

Though the 2012 Honda Civic LX was panned earlier this month by Consumer Reports, editors with Kelley Blue Book were singing a different tune when reviewing another trim line of the 2012 Civic. Kbb.com unveiled the winners of the 2011/2012 Compact Sedan Comparison Test this morning and tied atop the test group was the 2012 […] [Read More]

U.S News Best Cars revealed Tuesday what units have earned one or more of its Best Cars for Families Awards, which span 20 automotive categories.  Two Japanese automakers tied for the most awards, with Toyota and Honda taking home five each. Ford followed, winning three awards, the most of any domestic automaker. Jamie Deaton, managing […] [Read More]

As an advance of the annual Best Overall Value of the Year analysis and awards announced each January, IntelliChoice identified vehicles from the forthcoming model year believed to demonstrate the highest potential for achieving outstanding value over time. In what IntelliChoice dubbed as “Best Bets,” three models from Audi, Chevrolet and Volvo were among the […] [Read More]

In a special interview with Auto Remarketing Tuesday, TrueCar’s chief executive officer revealed that Raj Sundaram will continue on with Automotive Lease Guide for at least two years as an advisor to ensure a smooth ownership transition and help maintain the guidebook’s independence. Scott Painter explained that ALG will continue running as it has in […] [Read More]

Fiat’s first offering in the U.S. in almost 30 years has fetched some kudos from Consumer Reports, despite the fact that the publication said it could not bestow a “Recommended” tag on the Fiat 500 nor any of the other three fuel-efficient rides in the test group for its October issue. Consumer Reports called the […] [Read More]

DealerTrack announced late Monday that it is selling ALG to TrueCar. As part of the deal, DealerTrack will continue to have access to certain ALG intellectual property or data in its products and services, with a perpetual, royalty free license. Interestingly, management of both companies describe the transaction as a tax-free reorganization. For the sale […] [Read More]

Dollar Thrifty Automotive Group has asked its suitors — Hertz and Avis Budget Group — for their best and final acquisition offers. It appears to be an effort by the company’s president and chief executive officer to speed along a process which has lasted more than a year.  Scott Thompson tipped off the suitors of […] [Read More]