After another firm recently gave dealers a glimpse of trends in the Hispanic market, on Wednesday Polk rolled out analysis showing new-vehicle registrations among Asian-Americans grew at a faster pace than the overall market last year. Polk discovered 2010 new-vehicle registrations among Asian-Americans grew 10.4 percent above 2009’s total and accounted for 438,430 vehicles, signaling a slight […] [Read More]

In an effort to better contend against competitors such as Zipcar that recently made an initial public offering, Hertz expanded its global vehicle sharing club Wednesday. Officials highlighted the expansion of Connect by Hertz, which includes a significantly increased number of locations where members can pick up or drop off their vehicle. The program can […] [Read More]

Three nameplates took most of the honors as Kelley Blue Book announced the winners of the 2011 Brand Image Awards Wednesday.  Of the 10 total accolades, Cadillac garnered three awards, while Ford was a repeat winner with its pair of honors. KBB also gave two nods to BMW. Kelley Blue Book’s 2011 Brand Image Award Winners […] [Read More]

Nominations for Auto Remarketing’s  annual Who’s Who listings, set to run in the June 1st edition, are due in by this Friday. Whether nominations highlight an executive that works in remarketing, fleet, auctions, service or more, Auto Remarketing is looking to recognize the top executives in the used vehicle industry. “We are striving to honor the […] [Read More]

With gas prices approaching $4 a gallon in many states, LeaseTrader.com thinks drivers are coming to inquire about fuel-efficient options that go beyond hybrid models. As a result, the site indicated the Mercedes-Benz E350 Bluetec has the highest demand among diesel vehicles on LeaseTrader.com with search demand up 6.4 percent compared with January. Officials determined […] [Read More]

If your Asian brand franchise dealership is seeing less showroom or online traffic, here’s the potential reason why. TNS survey results revealed Monday showed appeal for vehicles by brands from Japan or Korea is slipping because of the earthquake and tsunami catastrophe that struck Japan on March 11. TNS discovered more than 25 percent of […] [Read More]

As part of its education outreach, the National Auto Auction Association revealed this year’s 12 Warren Young Sr. Scholastic Foundation scholarship winners. The foundation has been around since 2004 and doles out $40,000 each year in merit scholarships. Eligible applicants are full-time employees of NAAA member auction or corporate offices or children/grandchildren of an employee. […] [Read More]

Renovo Services, a single-source solution provider of recovery and skip-tracing services, recently named a president and chief operating officer as well as chief information officer. Kevin Flynn, Renovo Services’ chairman and chief executive officer, tapped Andrew Mahoney as president and COO. An industry veteran with stints at Alamo Rent-a-Car, JM Family Enterprises and most recently FLD, Mahoney […] [Read More]

Because of what industry veterans are calling an unusual amount of violence in conjunction with the recovery process during the past 12 months, Ron Brown recently advised members of Time Finance Adjusters about the dangers of picking up vehicles nowadays. “Shootings, stabbings and hit-and-runs are becoming commonplace,” Brown declared. “The risk to asset recovery specialists, […] [Read More]

For dealers who have large Hispanic population in their market, TrueCar.com’s latest study sheds some light on what specific brands and models that most appeal to these potential buyers. The site’s study showed import brands and models dominated the Top 10 list. TrueCar.com pointed out Hispanic buyers made up 7 percent of all new-vehicle retail […] [Read More]