Edmunds.com announced its second annual Best Retained Value Awards, which recognize the brands and new models that have the highest projected residual value after five years expressed as a percentage of the site’s True Market Value when sold new.   Headlining the winners revealed on Wednesday were Honda, which won the 2012 brand award for […] [Read More]

American Honda Motor Co. revealed this week the establishment of what it has titled a “green dealer” program for its independently-owned Honda and Acura dealers in the U.S.  The program offers three achievement levels: Silver, Gold and Platinum. And the  “Honda Environmental Leadership Award and Acura Environmental Leadership Award will be given to dealers who […] [Read More]

Revealed Wednesday, Westlake Financial Services has named its top auctions for the first quarter of 2012. And gaining the title of Top Overall Auction is ADESA Los Angeles. Commenting on the news, Bill Walters, vice president of remarketing at Westlake, says that ADESA Los Angeles “has been steadily improving their performance in the two years […] [Read More]

National Highway Traffic Safety Administration officials revealed General Motors’ recall of 50,000 crossovers from three of its main nameplates to correct a windshield wiper issue. The recall covers the Buick Enclave, Chevrolet Traverse and GMC Acadia from the 2011 and 2012 model years currently registered in the following states, as well as the nation’s Capitol: […] [Read More]

Craigslist is a great place to post your ads as long as you follow the site’s rules and don’t get blacklisted. The site remains a top five most visited site for vehicle buyers, but how can you tell how well your ads are doing? There are some key questions you want answered to ensure that […] [Read More]

Digital marketing company IMN recently revealed it has launched a new social media management service designed to distribute custom dealer content across the Web. IMN Social Driver is a service that “extends IMN’s automotive industry intelligence and content publishing expertise beyond the digital newsletter to social networks," and is designed to  “enable dealers to take […] [Read More]

With Nissan prepared to revive the Datsun brand, chief executive officer Carlos Ghosn received a history lesson about the nameplate during a recent visit to company’s heritage warehouse. Home to 400 Datsun and Nissan vehicles, ranging from the 1933 Datsun 12 to electric prototypes used during LEAF development, the automaker highlighted its giant garage is […] [Read More]

The hottest part of the spring market might be over because Black Book is seeing action cooling a bit in the auction lanes. Black Book managing editor Ricky Beggs indicated in his weekly wholesale commentary that editors and other auction reports are confirming that condition. “Spring break has come and gone in most parts of […] [Read More]

Along with revealing its 10 most comfortable new vehicles costing less than $30,000, Kelley Blue Book on Tuesday rolled out a new tool so consumers can track vehicle values like dealers can. KBB explained the new feature called Follow This Car can allow sellers to be among the first to know when the value of […] [Read More]

In some perhaps not surprising news following the spike in fuel prices this spring, clean diesel automobile sales in the U.S. increased an impressive 35 percent during the first quarter of this year, according to information released Tuesday by HybridCars.Com and Baum and Associates.  And the two companies say this climb coincides with continuing strong […] [Read More]