Cars.com revealed its annual vehicle awards this week at the North American International Auto Show in Detroit and receiving top honors as “Best of 2012” was the 2012 Volkswagen Passat. The Passat beat out five other nominees for the award, which included the 2012 editions of the Audi A7, Hyundai Accent, Hyundai Veloster, Land Rover […] [Read More]

As the Consumer Electronics Show (CES) gets under way in Las Vegas this week, revealing new and concept technology to the public, AOL Autos had its own announcement to make. As attendees of CES, the site revealed Tuesday its new Technology of the Year Award. The inaugural award — which is designed to give shoppers […] [Read More]

As the company shared developments regarding enhanced digital training for auction employees, Manheim’s Tom Webb needed only one word to describe past and projected movement of dealer consignment. During his first conference call of the new year on Tuesday, Webb indicated dealer consignment was “up in 2010, up in 2011 and will be up in […] [Read More]

In a week that showed steady sales across the assorted auction channels, the wholesale market saw a relatively light amount of value adjustments and the proportion of those changes that were increases was the strongest the market has seen in more than six months, according to Black Book managing editor Beggs. There were 1,520 wholesale […] [Read More]

General Motors recently highlighted how a pair of its franchised stores in suburban Dallas are conquering the “next online frontier” in an effort to move metal and keep service bays busy. The rooftops’ Internet director is using social media to regularly join conversations on Facebook and Twitter. James Wood Motors, which sells new Chevrolet, Buick, […] [Read More]

Both ADESA and Barrett-Jackson Auction Co. are ramping up for big annual sales this winter season. As part of the strategic alliance, ADESA Phoenix will host its 2nd annual Legendary Sales Week. The event — scheduled for Jan. 15–22  — also coincides with the 41st  annual Barret-Jackson Collector Car Auction. And attendees of The ADESA […] [Read More]

Depreciation is typically seen as the largest cost of ownership in driving. But what do Americans see as the biggest reason for all this decline in the value of their vehicles? According to a study from CarMax, close to a third of consumers believe that the strongest cause of depreciation in their vehicles is the […] [Read More]

Audi wants to hear their loyal fan’s stories. To learn more about their fan base and ramp up excitement for the Audi allroad’s return to the U.S. this  year, the nameplate is asking enthusiasts to share an image and brief story of themselves with their Audi allroad. By entering the contest dubbed “Memorable Mile”, participants […] [Read More]

Hyundai announced this week that it has bolstered its warranty package on its Sonata Hybrid model to include a Lifetime Battery Replacement Guarantee. This broadens the benefits offered under Hyundai Assurance and covers the battery in all 2012 editions of the model throughout the life expectancy of the vehicle. Officials contend it goes “thousands of […] [Read More]

TORRANCE, Calif. — Toyota and Lexus and their financial arms are saying welcome home to returning American troops in their own way. In recognition of the thousands of troops set to make the journey home and their service to the nation, the companies are offering special APRs and rebates to qualified military personnel and inactive reserves […] [Read More]