If Dataium’s Auto Shopper Intensity Index from last month is any indication, December’s new-vehicle sales are likely to be “positive but less than stellar,” and the New Year will probably ring in with a softer car market. Dataium explained that although the seasonally adjusted annualized rate is above year-ago figures and full-year sales should eclipse […] [Read More]

Automotive Resources International has turned the spotlight to auctioneers in a new award whose inaugural winners were announced Tuesday. Receiving ARI’s first-ever Auctioneer of Distinction awards are three men the company is recognizing for their strong communication skills and ability to foster relationships between buyers and sellers on the block. Earning inaugural honors are: —Ron Janacek, […] [Read More]

Stemming from a three-month trend of average list prices of late-model vehicles dropping 4.1 percent, CarGurus pinpointed a dozen units where the retail price is down by 10 percent or more. The highlighted units predominantly are from foreign OEMs with a quartet of domestic models included, too. The vehicles mentioned by CarGurus include: —2007 Toyota […] [Read More]

As Christmas Eve rolls around and parents struggle to get their children to fall asleep amid excitement about Santa’s arrival, they might just be able to tell their kids the exact whereabouts of Ole’ St. Nick before finishing up the wrapping and setting out the cookies and milk.  OnStar has joined in the holiday fun […] [Read More]

On Super Bowl Sunday, Volkswagen of America is taking aim at replicating the buzz that a certain “mini Darth Vader” helped it generate during last year’s big game. The company revealed earlier this week that it will air a Super Bowl advertisement for the third straight year. At the start of the third quarter of […] [Read More]

With used supply drying up amid the stiff competition for limited resources, dealers often have to pull out all the stops to find enough used cars for their lots. For instance, small independent dealerships, selling an average of zero–100 units annually, find close to 27 percent of their inventory through purchases off the street, according […] [Read More]

Having served as executive director for the past seven years, the National Auto Auction Association elevated Frank Hackett to the newly created position of chief executive officer of the association. NAAA on Monday said the transition is effective immediately. The association explained the change reflects the expanding role of the organization, its growing visibility as a voice […] [Read More]

Recent first-hand attendance gave Black Book a different perspective on what’s going on in the wholesale market and prompted managing editor Ricky Beggs to ask, “Does the dealer parking lot tell the whole story?” Beggs used a portion of his weekly video report, “Beggs on the Used Car Market,” to provide an answer. “This past […] [Read More]

After a solid year in 2011, it appears the auto market will make even more progress next year. Even with what could be 12.8 million new-vehicle sales this year, there is still a hearty stock of pent-up demand remaining, as well as a stronger selection and improved credit conditions, leading Edmunds.com to project that 2012 […] [Read More]

Revealed Monday, Audi Magazine is now available on the iPad. In an effort to better reach the mobile market, the company shared that the magazine that highlights the automaker and its products can now be viewed through the app “Audi USA Magazine” for free on iTunes. "The iPad app will combine the same great story […] [Read More]