As used-car prices and wholesale values continue to rise, dealers may find it even harder to sell a consumer on a used unit that shoppers might be able to find new for a similar price. And with gas prices on the rise and technology constantly moving forward, is it better to buy a new gas […] [Read More]

In a report released late last week that spotted strengthening retail new-vehicle sales trends, Dataium’s January Automotive Shopper Intensity Index pointed to a slightly positive increase in February. After adjusting for the number of selling days, Dataium saw a 5-percent year-over-year increase and a 3-percent rise for total retail sales. Analysts, who believe their index […] [Read More]

Four brands — Honda, Hyundai, Volvo and Buick — recently outlined several recalls of sedans and crossovers. The campaign that includes the most vehicles came from Hyundai, as the brand told the National Highway Traffic Safety Administration that its recall covers a total of 14,728 units — the Sonata Hybrid from the 2011 and 2012 […] [Read More]

Yahoo Autos recently asked its readers to answer this question: What is the most desired used vehicle that’s nearly impossible to find? What the editors learned is their readers have quite varying tastes in style. “Some cars are like certain pop songs: they become hugely popular before fading away,” Yahoo Autos editors surmised. “While there’s […] [Read More]

Chrysler is extending a helping hand to a Detroit revitalization project this Saturday in the form of volunteers and supply donations. The automaker said 150 of its employees will join University of Michigan and Detroit residents at the 13th annual Detroit Partnership Day, where more than 1,700 total volunteers will work together in helping to […] [Read More]

MT. ARLINGTON, N.J. — The International Automotive Remarketers Alliance announced today another company has joined its ranks.  Joining the association is automotive finance company General Motors Financial of Canada. Commenting on the news, Matt Marks, executive director of the IARA, noted, "We are excited to have GM Financial Canada join our growing consignor group. The […] [Read More]

BIRMINGHAM, England — MG Motor recently tapped GMAC UK, a subsidiary of Ally Financial, to be its preferred wholesale financing provider for dealerships. Officials highlighted this development expands on the existing preferred retail financing relationship between the two companies established last year. MG dealers can obtain wholesale financing from GMAC for new, demonstrator and used […] [Read More]

KNOXVILLE, Tenn, — Stemming from a merger with two other companies, mobile resource management solutions provider ProconGPS announced its new corporate name last week. It officially was launched during a special ribbon-cutting event Saturday at its new technology center, and the company is now known as Spireon. Officials explained the Spireon name binds the strategic […] [Read More]

LONDON — Groupon gained traction in the U.S. by offering discounts at places such as restaurants and salons. Now a website in the U.K. is trying to bring the same process to buying a new vehicle. Today, officials from www.FinanceAcar.co.uk launched www.CarRush.co.uk, a site aimed at providing exclusive weekly deals with discounts of up to […] [Read More]

The used-vehicle market is expected to climb more than 5 percent this month and eclipse 2.6 million sales, according to CNW Market Research, which has also found that used transaction prices for franchised dealers are the strongest they’ve been in a year. Overall, CNW is projecting 2.64 million used sales this month, a 5.6-percent rise […] [Read More]