Contrary to what some analysts are projecting, the National Automobile Dealers Association’s chief economist is thinking new-vehicles sales will close out this year strong. NADA’s Paul Taylor sent out a statement late last week on the heels of firms such as J.D. Power and Associates shaving their expectations for where the 2011 SAAR might land. […] [Read More]

As the Volkswagen Group aims to climb the global market share ladder, expanding its presence in the U.S. market is vital for the German automaker. Through the first seven months of the year, VW has done exactly that, lifting its U.S. sales by more than 20 percent from a year ago. The 20.5 percent increase […] [Read More]

In perhaps some unconventional news for General Motors, it was revealed late last week that one of its nameplates has played a part in setting a world record. In Cadillac founder Henry Leland’s hometown, 298 of these models and their proud owners from throughout the U.S. and Canada rolled down Route 2, stretching for nearly a mile in […] [Read More]

RouteOne Canada revealed recently that it has added a new lender to its online credit application management system. Joining the RouteOne Canada network is General Bank of Canada, which is based out of Edmonton. “RouteOne Canada is extremely pleased to have General Bank join our platform,” stated RouteOne Canada president Barry McMillan. “The addition of […] [Read More]

In light of July’s Automotive Shopper Intensity index — a metric said to be able to gauge how strong car sales may be in 30–45 days — it is likely that the rest of August and September will show a “flat” market, according to online shopping activity aggregator Dataium. The Dataium ASI index during July […] [Read More]

Stemming from an assumption that more than 11,000 U.S. millennials turn age 16 every day, Ford insisted that it recognizes the importance of addressing the values and needs of the country’s youngest drivers. As a result, Ford went to Barbara Bylenga, founder of Outlaw Consulting, to learn more about the millennial mindset. The automaker said […] [Read More]

As the stock market yo-yos up and down and other economic indicators sway, prompting a revision of annual sales expectations, J.D. Power and Associates insist August new-vehicle retail sales have yet to spark a stronger recovery, but the selling pace continues to increase slowly from its low point in May. Based on real-time transaction data […] [Read More]

The Horn of Africa is in the grips of a devastating and lingering famine and drought that has claimed an overwhelming number of lives, many of them children. And like what has been seen in many disasters — international and domestic — a helping hand has come from the auto business. To aid this region, […] [Read More]

In light of KAR Auction Services’ announcement that it is acquiring OPENLANE, both companies have issues to work through as they finalize this deal and gain regulatory approval. Among these challenges, is that OPENLANE owns Recovery Database Network and KAR owns PAR North America, both working in the recovery and repossession space. In an effort to clear up some […] [Read More]

TrueCar.com revealed this week not only some of late summer’s best deals on new cars, including discounts as high as 23 percent, but also what it forecasts to be the best day of the month to purchase a vehicle. Referencing its lastest TrueTrends report — which looks at consumer buying trends and manufacturer performance — […] [Read More]