IRVINE, Calif. — Autobytel's board of directors has instituted a Tax Benefit Preservation Plan that officials said would help the company maintain its use of net operating losses, which can be beneficial when it comes to federal taxes. Specifically, Autobytel claims this plan aims "to reduce the likelihood that Autobytel's use of its net operating losses, loss […] [Read More]

MANASSAS, Va. — In light of the Internet becoming a major game-changer for how vehicles are bought and sold, state lawmakers are being asked by the Automotive Recyclers Association to take a closer look at what the association considers to be "outdated vehicle regulations" and close the "loopholes" that ARA argues can have potentially dangerous results. […] [Read More]

IRVINE, Calif. — Editors with Kelley Blue Book's Kbb.com released this week what they consider to be the 2010 Top 10 Road Trip Cars. In a new theme for this year, Kbb.com picked 10 "road trip-worthy" events happening this summer around the U.S. and then matched them each with a specific ride that best suited the […] [Read More]

SANTA MONICA, Calif. — As shoppers gradually move back into the market, one segment, in particular, that has gained what some may consider to be surprising ground is the midsize sedan category, according to Edmunds.com Pushed to some degree by attractive new releases, midsize cars command 17.8 percent of the U.S. market right now, and have […] [Read More]

IRVINE, Calif. — Foreign automakers dominated the list of the 2010 Top 10 Coolest New Cars Under $18,000 compiled by Kelley Blue Book editors. However, the top overall choice went to a domestic manufacturer. Which model received this nod? The 2011 Ford Fiesta. The rest of the list had two units from Honda, and one each […] [Read More]

CITRUS HEIGHTS, Calif. — Do you hear the alarm bells ringing in credit union board rooms across the nation? As deficiency balances increase, credit unions are searching for better ways to dispose of their inventories quickly and at the highest possible net return. "Credit Unions are trying all sorts of creative ways to get the most […] [Read More]

NEW YORK — Mayor Michael Bloomberg and the city's department of consumer affairs recently announced new debt collection regulations that govern all industry segments, including recovery agents. According to the new regulations that cover all five of the city's boroughs, collection and recovery agents now must provide proof the debt is owed at the consumer's request. City […] [Read More]

ANNAPOLIS, Md. — Maryland Gov. Martin O'Malley signed two bills late last week promoting advanced vehicle propulsion technology and giving consumers incentives to buy electric vehicles. One of the incentives will allow plug-in electric vehicles to use high-occupancy vehicle lanes no matter how many passengers are along for the ride. This becomes effective Oct. 1 and remains […] [Read More]

TUSTIN, Calif. — AutoPacific spotlighted the vehicles that best satisfy their owners, rolling out its 2010 Vehicle Satisfaction Awards on Thursday. Receiving the top overall score was the Suzuki Kizashi, while the Lincoln MKT earned the top score in the truck or SUV category.  Cadillac earned a score of 713 to win the award for highest […] [Read More]

WESTLAKE VILLAGE, Calif. — Memorial Day — popularly viewed as the kick-off to summer, a time when consumers tend to be more willing to shop for new rides — is likely to provide a nice lift to May's new-vehicle retail sales, which began the month in a "wavering" fashion, according to J.D. Power and Associates. The company […] [Read More]