Vehix recently performed tests of four small SUVs/crossovers across various city, highway and mountain driving environments, and found that the top overall model in this class is the 2011 Honda CR-V. The three other small SUVs/crossers in Vehix’s “2011 Small SUV Comparison Test” were the 2011 Chevrolet Equinox, 2011 Toyota RAV4 and the 2011 Hyundai […] [Read More]

After generating significant positive response from the inaugural workshop in February, NCM said Wednesday that it will be the sponsor of three additional Jeff Cowan’s Pro Talk Service Advisor Workshop events this year. The first event — which took place Feb. 23 through Feb. 24 in Kansas City — was designed to show dealers how […] [Read More]

Brand Keys — a brand and customer loyalty and engagement consultancy out of New York — recently released its 2011 Customer Loyalty Engagement Index, which honored companies in 79 categories, including automakers. The index once again awarded the top automotive ranking to Hyundai, which celebrated its second straight year of winning in the category. “The […] [Read More]

Shopper analysis by AutoTrader.com and Kelley Blue Book showed consumers don’t appear to be taking climbing fuel prices lightly. As the average price of gas approaches $3.50 per gallon nationwide, the majority of vehicle shoppers at both AutoTrader.com and Kelley Blue Book’s Kbb.com are seriously considering fuel prices during the process. AutoTrader.com found on its […] [Read More]

Hertz Global Holdings announced plans Monday for wholly owned subsidiary Hertz Corp. to offer $300 million aggregate principal amount of 6.75 percent Senior Notes due 2019. The private offering is exempt from the registration requirements of the Securities Act of 1933, as amended, subject to market and other conditions, the company noted. Officials explained that […] [Read More]

Repossession agencies and other debt collectors could be affected by a proposed rule working its way through the Federal Communications Commission. Federal regulators are prepared to tighten the use of prerecorded, automatically dialed “robocalls” to contact contract holders through their cell phones. Collection organizations are concerned because more consumers appear to be abandoning land lines to […] [Read More]

Repo Remarketing recently ramped up its vehicle valuation system for managing credit union sales inventory. The company explained its system now has auction sales guide information from NADA Used Car Guide. Repo Remarketing chief executive officer Lance Gartner thinks reviewing of each unit’s condition and mileage and comparing them to current competitive market reports of […] [Read More]

The outlook for dealers throughout the country appears to be bright, according to the Federal Reserve, which said in its latest Beige Book report that the bulk of its 12 Federal Districts enjoyed year-over-year sales increase in the most recent reporting period. Within the respective districts, the Fed reported several pieces of good news for […] [Read More]

The old General Motors is nearly finished with the bankruptcy process. The U.S. Bankruptcy Court for the Southern District of New York orally ruled late last week that it would confirm the Chapter 11 Plan of Motors Liquidation Co., which is often referred to as the Old GM. The court indicated it also would issue […] [Read More]

Some of Canada’s top used-car dealers will be on hand at the Auto Remarketing Canada conference, presented by CarProof, to offer their thoughts on some of the experiences and best practices that have helped propel them to the top of their industry. Dealer speakers include Doug McDougall, of Don Valley North Toyota, Canada’s top Toyota […] [Read More]