WASHINGTON, D.C. — As the National Automobile Dealers Association issued two new bulletins geared to help store staff respond to consumer questions on safety and fuel economy, it also shared news of the Federal Trade Commission's announcement of an enforcement action against and a proposed settlement agreement with a Georgia franchised dealer. According to FTC […] [Read More]

CHARLOTTE, N.C. — The new Central Atlantic regional office of American Honda Finance Corp. has been tapped with LEED Gold certification, making it Honda Finance's second LEED-certified facility and the 12th facility built and operated by Honda in North America to earn this citation. No other automaker has more, officials noted. This Charlotte, N.C. office […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} ATLANTA — Dealers who use AutoTrader.com to push their vehicles online now can […] [Read More]

The decline in used-vehicle prices in June isn’t just a blip on the radar. Next month will likely show used prices dropping yet again, according to NADA Used Car Guide. In fact, all used segments are projected to see price declines during the next few months due to moderate seasonal demand, said NADA UCG senior […] [Read More]

Many dealers correctly recognize the need to keep more trade-ins to feed their used-vehicle inventories. This trend raises an age-old tension at many dealerships: The new-vehicle department typically wants to set the highest trade-in value possible to satisfy the customer and close a deal. The used-vehicle department prefers low-balling trade-in values to maximize the retail […] [Read More]

After declaring bankruptcy earlier this year, the latest chapter in Saab’s saga has the brand apparently delving heavily into the electric vehicle market in the coming years. And after ALG reported earlier this year that the nameplate had been “stripped” of most of its value as the automaker fought to stay in business, this shift […] [Read More]

In its most recent daily NADA Headlines report, the National Automobile Dealers Association shared news detailing its board’s appointees for future leadership of the organization. More specifically, the report indicates that current NADA vice chairman David Westcott of Burlington, N.C., has been nominated to take on the association’s chairmanship for 2013. He is the president […] [Read More]

It was announced Thursday that AutoTrader.com has chosen a preferred direct lender for the site, one that the company contends will  provide shoppers interested in a direct lending option with “a seamless way to access financing.” Tapped for the role is online auto lender RoadLoans.com —  owned by automotive finance company Santander Consumer USA Inc. [Read More]

Charleston Auto Auction, home to the nation’s first Certified Automotive Remarketer, has just announced that two additional management staff members have earned the International Automotive Remarketers Alliance certification. Joining the graduates of the IARA Certified Automotive Remarketer program are general manager Laura Taylor and assistant general manager Bill McCready. They follow the lead of Chris […] [Read More]

Kia Motors America on Thursday announced the appointments of three leaders to executive vice president positions. KMA President and chief executive officer Byung Mo Ahn said that receiving the promotions were Tom Loveless, Michael Sprague and John Yoon. The automaker went on to stress the impact each has had in their respective areas of management […] [Read More]