Being that Fourth of July falls in the middle of the work week this year, Black Book’s Ricky Beggs noticed how the schedule is forcing auctions to make adjustments as the wholesale market continues to behave in unusual ways. So Beggs began his latest edition of “Beggs on the Used Car Market,” by declaring, “Happy […] [Read More]

With the jury still out on whether used luxury prices will see a spike in the near future, spring wrapped up with consumers seemingly shifting their interest to this segment.  Kbb.com reported that for the second consecutive month, site traffic in the luxury segment increased. Kbb.com’s new M.I. Quick stats, which provide a snapshot of […] [Read More]

After rolling out its new Overdrive homepage advertising solution earlier this year, AutoTrader.com revealed some enhancements to the interactive tool it thinks will “increase exposure” of a dealer’s inventory online. The site has launched campaign-specific advertising solutions called “’Overdrive Dealer Solutions’ that complement OEM Overdrive advertising buys,” officials explained. [Read More]

As Americans celebrate Independence Day this week, Cars.com and Kelley Blue Book’s Kbb.com both shared some stars-and-stripes-themed perspective on the U.S. auto business that continues to gain momentum. Cars.com released its latest American-Made Index, while Kbb.com has released its rankings of the 10 Cars That Reignite the American Dream.  Both company’s lists were unveiled on […] [Read More]

Taking into account the needs and suggestions expressed by customers, Xcira’s OnLine Ringman has collaborated with Auto Auction of Montana and its online bidders to roll out an enhanced bidding screen for the product. Auto Auction of Montana IT manager Steve Gertsch said OnLine Ringman’s revamped bidding screen lets online customers take their time in […] [Read More]

Experian Automotive revealed on Monday that it will offer National Motor Vehicle Title Information Systems Reports to California dealers, enabling them to stay in compliance with new government regulations. Officials reiterated NMVTIS reports provide basic vehicle information in accordance with California state law. They insisted that when paired with an AutoCheck vehicle history report, dealers […] [Read More]

The American International Automobile Dealers Association on Monday announced a new affinity relationship with Wells Fargo Bank N.A., doing business as Wells Fargo Dealer Services. Through this relationship aimed at boosting their Member Benefits Program, officials highlighted WFDS is the only lender endorsed by AIADA to provide dealer members with commercial floor plan financing, indirect […] [Read More]

Manheim has been recognized as a 2012 Best Place to Work in Information Technology by International Data Group’s Computerworld publication, which ranked the company No. 71 on its list of 100 best organizations “that challenge their IT staffs to drive innovation, while providing employees with great benefits and compensation.” The magazine pulls the list together […] [Read More]

Auto Remarketing has learned that Dan Crowe, national remarketing manager at American Honda Motor Co., has retired and a replacement for the longtime leader of the certified pre-owned programs at Honda and Acura has been named. Stepping into the position is Brian Butts, Honda told Auto Remarketing late last week. Crowe retired in June, having […] [Read More]

As the automaker’s top boss extended an agreement with a European OEM, Toyota Motor Sales USA late last week announced it amended its recall from late 2009. The company added two models to address the potential for unsecured or incompatible floor mat entrapment of the accelerator pedal. The models now included are: —2010 RX 350 […] [Read More]