About two weeks after rolling out its initial public offering, General Motors has upped the estimated price range of the common stock and also bolstered the size of its preferred stock in the offering. Specifically, the estimate price range for the 365 million shares of common stock that certain stockholders are selling is now $32 […] [Read More]

A recent Rasmussen Reports survey of U.S. adults sought to determine if an American-built vehicle is the top priority for potential buyers. While buying an American-made unit still stands as a high priority, apparently survey participants said finding the best deal tops all factors. Rasmussen found that 44 percent of survey participants said they look for […] [Read More]

The 2011 Motor Trend Car of the Year was revealed Tuesday and earning this year’s recognition was the Chevrolet Volt. Motor Trend unveiled the winner live from General Motors’ wind tunnel in Warren, Mich., through streaming video on the publication’s website. [Read More]

During last week’s CPO Forum, Charlie Vogelheim, of IntelliChoice.com, announced the top manufacturer-backed certified pre-owned programs. Vogelheim told attendees the nominees for the best “popular” brand included Honda, Hyundai, Mini, Kia and Volkswagen. He then revealed the winner is Mini, which also took home honors for best warranty program. [Read More]

Guardian Warranty Corp. recently reached a working agreement with Assurant Solutions to provide dealers with four new vehicle protection products. The line of products is backed by American Bankers Insurance Co. of Florida, an Assurant Solutions company, and includes: —GWC backed by American Bankers Insurance Co. of Florida: rated “A” excellent by A.M. Best Co. […] [Read More]

AOL Autos recently shared three strategies aimed at making repossessed vehicles more appealing to consumers. The site emphasized that purchasing a repo unit can be a pathway to a more luxurious model from nameplates such as BMW, Jaguar and Cadillac. “Repos can be a good deal if you are smart and know what the market value […] [Read More]

Recent economic pressures have changed the landscape for how loan defaults will be managed.  Lenders and repossession agents now face an even greater threat of legal action from debtors.  In contrast to a year ago when repossession assignments were hitting record volumes, the recent economic upturn has had the opposite effect with repossession volumes dropping […] [Read More]

Officials from LeaseTrader.com and Edmunds.com believe greater amounts of consumers are having significant remorse about leasing a new vehicle. Why? The sites contend these individuals failed to research the effect their new unit would have on insurance premiums. Edmunds.com determined that leases currently are making up more than 20 percent of all new-vehicle transactions for […] [Read More]

Coinciding with last week’s Veterans Day, Budget Rent A Car launched three online options to funnel donations toward a nonprofit organization that raises awareness and provides programs and services for injured U.S. military personnel. Budget has a goal of generating $100,000 for the Wounded Warrior Project. The first of those three donation options comes when […] [Read More]

An electric vehicle’s sustained performance for weekly shopping activity at Kelley’s Blue Book’s Kbb.com is leaving the model with momentum going into an important West Coast auto show. Leading the way on the most recent Hot Car Report from Kbb.com was the 2011 Nissan LEAF. Site analysts determined among all models, the LEAF’s activity level […] [Read More]