A day after it and Dollar Thrifty Automotive Group announced collaboration to gain antitrust approval for a merger, Avis Budget Group revealed some more favorable news for the company on Thursday. After looking at preliminary data, Avis projects that its third-quarter revenue was about $1.5 billion, an uptick from a year ago, and that its […] [Read More]

Mercedes-Benz USA recently completed a study with Harris Interactive reinforcing its belief that potential buyers remain unsure about alternative fuel vehicles. The company contends consumers are left asking several questions. Is it a hybrid? Is it electric? Does it take regular gasoline or diesel fuel? The final result — nearly half of survey participants are […] [Read More]

Dealers representing two General Motors of Canada brands now have another avenue they can use to attract customers, with leasing programs being rolled out earlier this week for Buick and Cadillac. The audience that Buick and Cadillac targets still has a strong lease penetration rate and GM Canada aims to tap into this hearty pool of […] [Read More]

JM&A Group revealed its new vice president and chief financial officer on Thursday. JM Family Enterprises promoted Robert Haeffner to the role. Executives noted Haeffner now is responsible for all accounting, fiscal management, financial reporting and actuarial functions for JM&A. A certified public accountant, Haeffner has been with JM Family since 2004 and most recently […] [Read More]

When looking at used vehicles in four segments to find which models with low mileages offer the best deals, CarGurus found that in three of the four classes, the vehicle offering the best value was from a Big 3 brand. Assessing the values through DealFinder, CarGurus listed the following used vehicles from the 2007 through […] [Read More]

On Wednesday, Chrysler unveiled the incentives that will be available for this month. Breaking the October incentives down by brand, Chrysler’s dealer body can offer consumers the following: Ram Truck The “Ram Handshake” promotion for 2010 models will be kept running. Basically, this is a pledge that allows shoppers buy a Ram truck and take […] [Read More]

The American International Automobile Dealers Association is calling for nominations for its David F. Mungenast Lifetime Achievement Award that annually spotlights an auto industry professional for achieving business success while also being dedicated to his family and community. The winner will be revealed at AIADA’s 41st Annual Meeting and Luncheon, which will be held in […] [Read More]

Silver’s streak of ranking as the world’s most popular choice for vehicle hue has reached 10 years, according to PPG Industries. The last time silver was this common among cars was 1990, according to the company. Silver, gray and charcoal led the way for North America, as well, as they commanded a 31-percent share, climbing from […] [Read More]

In commemoration of its first anniversary, CarLocate.com introduced several upgrades to the site earlier this week. As some may know, CarLocate.com is a vehicle search website under the Reynolds and Reynolds Co. that launched last year. As far as the improvements made to the site, officials said there are more featured listings on the vehicle […] [Read More]

Consumers are buying and leasing based on need more than desire these days. Moreover, they also have become less loyal to specific dealers and brands, according to a recent study by Chrome Systems. These were just some of the many findings of the 2010 Chrome Consumer Survey, a study conducted to track how consumers have changed […] [Read More]