AutoNation revealed Tuesday that it has contributed to a new community focused scholarhip program at Nova Southeastern University to benefit students who are financially and otherwise disadvantaged. With significant founding gifts from AutoNation, founder Wayne Huizenga and Marti Huizenga, the Pathway Scholars program was launched to aid students enrolled in the H. Wayne Huizenga School […] [Read More]

Tight supply and high wholesale prices have caused many a headache for the used-car business this year, but one particular industry segment may give dealers a bit of financial relief while still helping them meet their used supply needs, according to Kelley Blue Book. The company stressed in its Blue Book Market Report that in […] [Read More]

ADESA revealed Monday afternoon that it has rolled out a revamped ADESA Market Guide that now includes data on vehicle sales from all independent auctions participating in AuctionPipeline, meaning the guide’s wholesale value calculations will be based on a “considerably larger” sample size. ADESA contends that having more local and national wholesale transaction data in […] [Read More]

For the second year running, quality continues to be the most influential factor for used-car buyers over price, according to CarMax. The company completed a recent survey that asked consumers to choose which of the following factors most influenced their car buying decisions: quality, price, safety, resale value or environmental factors. CarMax’ findings showed that more than double […] [Read More]

With Twitter and social media at the center of the campaign, Toyota Motor Sales USA launched its second annual Shareathon program Monday. Customers can tweet about their plans to buy or a lease a new Toyota during Toyotathon and earn a $500 prepaid debit card. Building on the success of last year’s program, the automaker […] [Read More]

The holiday season isn’t always joyful for Black Book when it tries to project how activity in the lanes might unfold during December. Nevertheless, Ricky Beggs tried to ascertain what’s trending at auctions during his latest edition of “Beggs on the Used Car Market.” Beggs noted in his video that "with all the variances in […] [Read More]

Dollar Thrifty Automotive Group revealed Monday that it has appointed its president and chief executive officer as chairman of the board of directors. Scott Thompson will assume the role from Richard Neu, who will remain on the board as lead independent director. The company noted that the changes are effective immediately. This news comes on […] [Read More]

With the winner set to be revealed at the 2012 North American International Auto Show in Detroit, Cars.com announced which models were in the running for the “Best of 2012” awards. This year’s nominees are the Audi A7, Hyundai Accent, Hyundai Veloster, Land Rover Range Rover Evoque, Subaru Impreza and Volkswagen Passat. [Read More]

LAKE SUCCESS, N.Y. — DealerTrack is hosting the second of a free two-part Webinar series designed to highlight the most critical compliance issues dealerships face today. DealerTrack compliance counsel Randy Henrick is set to be part of the session scheduled for 2 p.m. ET on Wednesday. Henrick plans to share guidance to educate dealers about […] [Read More]

HANOVER, Md. — Hudson Cook LLP recently announced the addition of three attorneys and the opening of the firm’s New England offices.  Joining the firm is Lori Desjardins, Thomas Quinn Jr. and Ryan Stinneford — all formerly with Pierce Atwood LLP. The new hires have joined their banking and compliance practice with Hudson Cook. Highlighting […] [Read More]