In what the company called a move to solidify plans for its new automotive parts and service operation, American Suzuki Motor Corp. announced late Tuesday that the disclosure statement for its amended Chapter 11 bankruptcy plan has been approved by Judge Scott Clarkson of the U.S. Bankruptcy Court of the Central District of California. Officials […] [Read More]

The 17th annual Polk Automotive Loyalty Awards were doled out earlier this week in Detroit and earning top honors once again was Ford, which has earned this distinction for three straight years. Ford was honored with awards for Overall Loyalty to Manufacturer and Overall Loyalty to Make. The Ford F-Series also won in the mid/full-size […] [Read More]

One Dodge model made the cut for the second straight year to be named the winner in Cars.com’s Shoppers’ Choice Award.    So, which car do shoppers favor? According to a Cars.com announcement made at the company’s Best of 2013 Awards show in Detroit on Tuesday, it’s the Dodge Challenger.   The Challenger was one […] [Read More]

Canadian Satellite Radio Holdings, parent company of SiriusXM Canada, revealed this week it will launch a pre-owned vehicle program in February for Canadian dealers. The new program will offer participating dealerships — franchised or independent — the ability to include a complementary three-month SiriusXM subscription with any purchase of a pre-owned vehicle equipped with a […] [Read More]

As 2012 wrapped up, wholesale values finished off at high rates for dealers, who saw increases spotted across the segments, most noticeable in the smaller car segments. According to the latest RVI Market Update, wholesale values (seasonally adjusted on two- to five-year-old vehicles) went up 3.4 percent when compared to November. Moreover, this number was […] [Read More]

This year was an eventful one for the U.S. — presidential elections, high gas prices, superstorms and fear of a financial crisis lit the 2012 landscape. But as NADA’s Jonathan Banks pointed out in the latest Guidelines report, the new- and used-car market “weathered these conditions extremely well and were inarguably bright spots in an […] [Read More]

Both Black Book and NADA Used Car Guide are seeing wholesale trends that dealers regularly brace for this time of year — an uptick in vehicle prices. Last week, the amount of vehicle prices Black Book editors adjusted upward came in at 36 percent, nearly identical to the level they reported during the same span […] [Read More]

The top four of the most-researched individual used-vehicle models on NADAguides.com last month remained unchanged from both December 2011 and November, as the Ford F-150 continues to rank in the top spot, followed respectively by the Chevrolet Silverado 1500, Nissan Altima and Honda Accord sedan. However, moving up two spots from November to December was […] [Read More]

The Reynolds and Reynolds Co. announced integration between the Reynolds Used Vehicle Management application and the ADESA Auction Run List, which can enable dealers to more quickly and efficiently source used vehicles available at ADESA auction sites. Officials said Tuesday that the integration between Used Vehicle Management and the ADESA Auction Run List is a […] [Read More]

AutoTrader.com’s Trade-In Marketplace has seen a lot of action since its introduction into the market in 2009. And the tool for dealers and consumers reached an important milestone this week, claiming its five millionth offer — generated this Monday. “Reaching this big milestone in such a short amount of time is a testament to how […] [Read More]