Car and Driver and marketing organization Jumpstart Automotive Group revealed this week the launch of a new tool designed to aid consumers in the market for a luxury vehicle. Luxury Vehicle Advisor gives users the ability to prioritize luxury car features that they find most important when making a purchase. Then, they can compare units […] [Read More]

Independent auto consultant Glenn Mercer’s study will comb through confidential interviews with dealers, lawyers, accountants and automakers, among others. Part of the process will be to reach out to outside industries — like the restaurant and hotel businesses — to seek their input. All of this will be done to address a point of “frustration” […] [Read More]

Carfax revealed Thursday that its mascot Car Fox has been voted “Most Irritating Animated Actor” by The Consumerist — a blog owned by the Consumers Union that highlights shopper opinions and experiences. Through the company’s “Show Me the Carfax” campaign, its Car Fox mascot has become a household name, showing up on televisions and in […] [Read More]

The auto market has been among the bright spots for many parts of the country lately, as most Federal Reserve Districts saw car sales climbs and improvements in new-vehicle supply following disruptions earlier this year. These were just two of the findings in the latest Beige Book report from the Federal Reserve Board, which delved into […] [Read More]

Helping buy-here, pay-here dealers find enough inventory at the right price is just part of the finalized agenda at the upcoming East Coast National Alliance of Buy-Here, Pay-Here Dealers Conference. A panel of experts from ADESA, Ally Remarketing and Manheim will be part of the event that runs Nov. 6 – 8 in Atlanta. That […] [Read More]

After acquiring VinSolutions this past June, AutoTrader.com highlighted a number of plans for its subsidiary earlier this week. As the two businesses collaborate, AutoTrader.com is focusing on initiatives that will “maximize the dealer’s experience with VinSolutions,” such as adding more staff and developing deeper product integration between the two businesses. [Read More]

About two years ago, Chrysler’s Sterling Heights (Mich.) Assembly Plant was on the chopping block. How times have changed. On Tuesday, the automaker announced it is pumping $165 million into the plant to add a 1 million square-foot body shop. As part of the investment, the plant will not only get a new body shop, but […] [Read More]

On Wednesday, Selig Technologies released a major update to VIN Viper for iPhone, the mobile appraising tool where dealers can scan a vehicle identification number or select the year, make and model to gather information. Most notable in this new release is the removal of device restrictions and user limits. SeligTech president Jason Seligman explained […] [Read More]

Avis Budget Group announced that its Avis Budget Rental Car Funding subsidiary renewed its U.S. asset-backed bank conduit facility, expanding its borrowing capacity by $450 million to $2.5 billion. Officials indicated the date until which the company may borrow under the entire facility has been extended to October 2013. J.P. Morgan and Deutsche Bank served […] [Read More]

As baseball’s World Series gets into full swing this week, the St. Louis Cardinals and Texas Rangers have a lot in common, with both bringing a lot of power to the plate as the they feature some of the game’s top sluggers. [Read More]