Although late-model vehicle pricing on Cars.com was down just moderately from June to July, an entry on the site’s Kicking Tires blog pointed out a few models whose asking prices dropped significantly. More specifically, the late-model car whose asking price on the site dipped the most was the Saturn Aura, according to the report written […] [Read More]

In his latest look at broad economic indicators that might eventually sway auction and dealer activity, Manheim’s Tom Webb used the “R” word — recession. The Manheim economist pointed out that U.S. retail sales fell 0.5 percent in June, marking the third consecutive monthly decline as federal officials issued revisions. “The last time that happened, […] [Read More]

More than 200,000 Hyundai crossovers and sedans are being recalled, according to announcements from the National Highway Traffic Safety Administration. The separate recalls are both associated with the models’ air-bag systems. Federal officials indicated Hyundai is recalling the Santa Fe from the 2007 through 2009 model years for a total 199,118 units. These vehicles manufactured […] [Read More]

As the online auto market constantly evolves, creating a non-traditional brand of buyers, a new program for dealers is designed to help meet their needs. eBay Motors, which reports sales of more than 4.55 million new and used vehicles to date, announced Monday the launch of the eBay Motors eDealer Certified Consultant program, as an […] [Read More]

Team work, cars and the Rock & Roll Sale — members of Auction Academy’s inaugural class met for their second training session earlier this month and learned about all three. The students are part of a two-year training and development program for the sons and daughters of today’s independent auction owners, with sessions held quarterly […] [Read More]

The National Automobile Dealers Association has announced that president Phillip Brady has been appointed senior vice president of government affairs for Phillips 66. NADA chairman Bill Underriner is forming a search committee to find a new NADA president to replace Brady, who has held the role the past 12 years. Brady heads to Phillips 66 […] [Read More]

For the second straight year, Brasher’s Northwest Auto Auction is celebrating its win as US Bank’s Specialty Auction of the Year. The auction has now won top honors in each year of the award’s existence. “We work hard to prove to our customers that our auction is their best choice for remarketing cars and trucks, […] [Read More]

Time is money, so the old saying goes, and new features and updates to the Charleston Auto Auction website are meant to offer dealers faster service. Charleston AA general manager Bill McCready has announced company website updates that include one-click access for dealers to run lists and no-sale lists straight from the home page, with […] [Read More]

The amount of profit that a franchised dealer pulled out of his or her used-vehicle department in 2011 was the highest it had been in four years. That’s according to data from the National Automobile Dealers Association, which indicates that the average used-car department net profit at franchised dealerships last year was $110,618. The last […] [Read More]

Along with mentioning the availability of early registration, Auto Remarketing Conferences offered more details about the opener to the National Remarketing Conference, one of the many highlights of the 2012 Used Car Week. Coming off the heels of the Re3 Conference, NRC is set to begin with an Opening Keynote Discussion titled, “2012: The Used […] [Read More]