The proportion of positive value adjustments in the wholesale market has been relatively stable in recent weeks, according to Black Book’s Ricky Beggs, who has found the truck side of the market to be more consistent than cars. As for the number of adjustments, these have been climbing to significant heights. [Read More]

In the spirit of today’s holiday, CarMax revealed “what made the sparks fly” during the car shopping process, as well as the launch of a new Facebook contest that focuses on the love affair between consumers and their vehicle of choice. When asked what the leading factor was when deciding to buy a car, nearly […] [Read More]

In a battle of the sexes, Autobytel’s editor in chief and assistant editor went head to head in a battle to find the hottest cars for 2012. By price category, Michelle Naranjo, editor in chief, and assistant editor Jeffrey Ross picked from a wide variety of cars during the company’s Valentines Day fun. Independently of […] [Read More]

Mountain State Auto Auction recently revealed to Auto Remarketing the addition of a sixth lane to the facility, as well as a two-story office complex. Explaining the lane addition, officials said they were spurred by the 20-percent hike in new-car trade business. “Many dealers are finding our personalized service and individual account management results in […] [Read More]

Digital marketing company ChannelNet recently revealed it has picked an auto industry veteran to serve on its board. Tapped as the newest board member is AJ Wagner, president of AJ Wagner & Associates LLC, and former president of Ford Motor Credit Co. North America, and corporate vice president of Ford Motor Co.  Commenting on the […] [Read More]

His beloved New England Patriots fell short to the New York Giants in the Super Bowl earlier this month, but Barry Lundgren got to enjoy a  raher unique consolation prize. The Massachusetts Honda dealer was the winner of a 2010 Harley-Davidson Softail Deluxe FLSTN auctioned off during the NADA Convention and Expo, which took place […] [Read More]

After reminiscing about his days in Chicago as a graduate student at Northwestern, Toyota’s Yoshi Inaba emphasized why 2012 is such a big year for the Japanese OEM. Toyota Motor North America’s president and chief operating officer recently told an assembly at The Economic Club of Chicago that the automaker will launch 19 new or […] [Read More]

I’d like to thank all of the dealers and their teams who visited vAuto’s booth to learn more about our Provision inventory management system and other products and services. The positive responses about Provision confirm it’s a game-changer for the industry. While chatting with dealers and managers at NADA, I was struck by how often […] [Read More]

Edmunds.com revealed the Edmunds App for iPad last week at the LA AppShow, a tool now available on the App Store. Site officials highlighted Edmunds’ iPad app is available free of charge to consumers thanks to an exclusive sponsorship deal with Lexus. The luxury brand will use the platform as part of a campaign to […] [Read More]

Manheim has rolled out an extension of The Wholesale Institute that is designed to save dealers time by bringing training sessions on the company’s digital tools to the sale days at various Manheim auctions. In other words, TWI “On the Go” aims to connect with dealers when they’re already at a Manheim auction buying or […] [Read More]