The latest General Motors deal offered through the Costco Auto Program is turning consumers' heads, reaching record levels for the companies' partnership only two weeks into the offering. The companies recently revealed more than 2,000 Costco members had bought a vehicle in the first two weeks of its GM Limited-Time Offer. When compared to the […] [Read More]

ACA International, the Association of Credit and Collection Professionals, recapped why two U.S. District Courts examined messages left for consumers and third parties and found the messages were not communications under the Fair Debt Collection Practices Act. “The issue of leaving messages for consumers continues to receive scrutiny in the courts,” ACA officials said. “While […] [Read More]

Under a partnership between the two companies announced this morning, DealerMatch — a subscription-based Web and mobile app that connects dealers with retail-ready used vehicles — will be bringing its inventory to vAuto Genius Labs’ AuctionGenius platform. What this means for dealers is that DealerMatch members who use AuctionGenius can view, access and make offers […] [Read More]

Though low gas prices have not played much of a role in the more fuel-efficient segments’ price movements this year, last week’s wholesale price activity shows that low rates at the pump may be having more of an impact this month. Black Book’s Ricky Beggs said that the falling price of gas is “showing its […] [Read More]

DealerRater reviews and ratings are now being integrated with Kelley Blue Book’s newly enhanced new-car shopping experience. In making the recent announcement, DealerRater said KBB’s new-car online shopping experience, featuring car-pricing tool Price Advisor, helps create a more qualified consumer through pricing education, as well in-depth information about car dealerships. Price Advisor enables dealers to […] [Read More]

Pushed in part by opportunities from vehicle recalls and a sizeable gain in reconditioning work, Asbury Automotive Group’s third-quarter parts and service business was thriving. In fact, its same-store parts and service gross margins increased 2.7 percentage points year-over-year in the third quarter and came in at 60.9 percent. Asbury pulled in $91.7 million in […] [Read More]

Late last week, General Motors announced two separate recalls for late-model versions of the Chevrolet Malibu for two different issues. The automaker indicated it is recalling 42,696 Chevrolet Malibu sedans from the 2014 model year in the United States because the heating, ventilation and air conditioning, or HVAC, controls may not operate properly when the […] [Read More]

ALG announced the winners of its 14th annual Residual Value Awards on Monday, and while a repeat winner topped the Mainstream Brand category, a seven-year streak was broken on the Premium Brand side. For the first time since 2005, a non-Japanese brand took top honors among premium brands, as Mercedes-Benz earned this distinction for 2013. […] [Read More]

Kelley Blue Book this morning announced its 2014 brand and model-year vehicle winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period. Toyota and Lexus earned top honors for best brand and best luxury brand, and each had six segment winners from a total […] [Read More]

Not only are Americans getting the snow tire chains out, but they may also be heading to the lots for a more reliable winter-weather vehicle. With winter temperatures setting in across the country, the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com, shows “trucks and SUVs are in […] [Read More]