Earlier this week, DCH Auto Group opened of the company’s newest dealership, DCH Kia of Temecula, located in Temecula, Calif. Residing on Ynez Road in Temecula, Kia of Temecula is situated so it’s near three other DCH dealerships: DCH Acura of Temecula, DCH Honda of Temecula and DCH Chrysler Jeep Dodge of Temecula. DCH Kia […] [Read More]

November marked another month in a modest and largely seasonal downturn, as wholesale prices fell marginally from October and moved ahead from year-ago levels, according to ADESA’s Tom Kontos. Specifically, the average wholesale value in November was $9,869, a 0.1-percent sequential decrease and a 0.5-percent year-over-year lift. [Read More]

Black Book and the Credit Union National Association recently announced they enhanced their 12-year partnership. The pact between the organizations now includes integrated data products for credit unions at a discounted price.  “We’re pleased to expand our relationship with Black Book to include access to their vehicle valuation data services at a discounted price,” stated […] [Read More]

The latest development in a trade squabble between the U.S. and China may end up having a particularly strong negative impact for General Motors, according to a Kelley Blue Book analyst, who said Wednesday that the automaker’s income could fall as far as 2 percent due to an import duty announced by the Chinese government. […] [Read More]

Offering a twist on all of the announcements lately regarding the best new models of 2012, Edmunds’ InsideLine.com has taken a different route. Topping the list for the “100 Worst Cars of All Time” is the 2001 Pontiac Aztek, according to the site. Just why has this unit earned this not so coveted title? According […] [Read More]

The top bosses at Hertz and Donlen are teaming up to deliver the opening keynote address at 2012 Car Rental Show.  Hertz chairman and chief executive officer Mark Frissora and Donlen CEO Gary Rappeport plan to use their joint address to discuss the imminent convergence of rental with other vehicle solutions ranging from car sharing, […] [Read More]

Dealers know the model as “The Snake.” And it’s coming back to life in Detroit. Chrysler decided Wednesday it will reopen its Conner Avenue Assembly Plant in Detroit for the production of the next generation SRT Viper. The automaker recounted the Conner facility was idled when production of the Dodge Viper ended in July of […] [Read More]

Fleet services provider ARI recently revealed  the launch of its new Sustainable Fleet Management Microsite. The site is designed to be a resource to “help fleet managers stay informed of environmental management issues related to alternative fuels, emissions, fuel use and new green technologies,” the company shared. Moreover, the new website provides information on how […] [Read More]

LOS ANGELES — Mixing work with help this holiday season, Westlake Financial Services and its volunteering division P.A.L.S. (People Affecting Lives through Service), together built 20 bicycles to donate to children from the Boys & Girls Club of East Los Angeles this past Friday.  During Westlake’s annual sales conference team-building event, employees were surprised when […] [Read More]

IRVINE, Calif. —Consumer Portfolio Services revealed Wednesday the closing of its third term securitization in 2011. The transaction is CPS's fourth senior subordinate securitization since 1993.  "In the transaction, qualified institutional buyers purchased $119.4 million of asset-backed notes secured by automobile receivables purchased by CPS primarily in 2011,” the company shared. The sold notes, issued […] [Read More]