Just a couple of months after Black Book brought in Jeff Bunch to be its director of automotive licensing, the firm promoted the industry veteran to a new position on Wednesday. Black Book announced Bunch has been elevated to vice president of lender solutions. In this role, Bunch will be responsible for leading Black Book’s […] [Read More]

Kelley Blue Book revealed the winners of its 2012 Brand Image Awards on Wednesday, and highlighting the list of honorees was a quartet of repeat winners. Honda took the Best Value Brand category for the second straight year, and Cadillac earned its second straight honor as Best Comfort Brand. Meanwhile, Mercedes-Benz celebrated its fifth straight […] [Read More]

Dealers who already are familiar with Digital Air Strike won’t see that brand go away even after a recently completed merger with ResponseLogix. This week, officials declared that Digital Air Strike would be the official company name of the recently merged automotive digital marketing companies headquartered in Silicon Valley. Officials explained that Digital Air Strike […] [Read More]

BB&T Corp. revealed its 2011 Auction of the Year on Wednesday along with a pair of other accolades. Recognized for providing top sales results, sales percentage and expenses relative to liquidation for both BB&T and its affiliate Regional Acceptance, was the 2011 Auction of the Year winner ADESA Lexington. BB&T asset remarketing manager Neil Boardman […] [Read More]

Rising gas prices and loosening of credit are both contributing to a consumer shift towards smaller vehicles, J.D. Power and Associates reports. And while sales rates continued to rise during this past month, the company contends that not only are the types of vehicles being purchased changing, but also the types of buyers and the average […] [Read More]

Toyota wants to be more than just a big car company. After rattling off some of the automaker’s accolades and future products Toyota Motor Sales USA president and chief executive officer Jim Lentz made a profound statement during his address at the Bank of America Merrill Lynch 2012 New York Auto Summit on Wednesday. “Phenomenal […] [Read More]

Import brands grabbed their largest U.S. market share in a year and pushed sales up 12 percent during March, according to the American International Automobile Dealers Association, which released its monthly look at import automaker sales on Wednesday. Overall, imports moved 791,169 new vehicles in the U.S. last month for a 12-percent year-over-year gain, AIADA […] [Read More]

ADESA promoted two executives Tuesday to the roles of vice president of business operations, effective immediately. Rising to the positions are Doug Shore and Sanjiv Agrawal, who will both report directly to Paul Lips, executive vice president of operations and finance.  ADESA noted Shore has held a number of corporate and auction leadership roles within […] [Read More]

The latest tech gadget or social media trend might not be the only status aspiration of Millennials — the generation of young Americans ages 11 to 30 years old. Research conducted by Chevrolet and MTV Scratch found nearly 70 percent of Millennials consider the purchase of their first vehicle to be a key marker on […] [Read More]

Craigslist is the fourth most visited independent site for car buyers, according to a recent study conducted by J.D. Power. That’s more than Edmunds, Cars.com and NADAguides.com. How have they been able to get so popular? Simple: strict ad posting rules that if broken are harshly punished. If you choose to break their rules, you […] [Read More]