AutoPacific unveiled its 2011 Ideal Vehicle Awards on Tuesday, and while a usual suspect took top honors on the luxury side, the mainstream side was topped by a brand that is finally getting new products rolling after years of challenges. The mainstream brand earning the IVA? Chrysler. Coming in second was Hyundai, with Ford at […] [Read More]

Insurance Auto Auctions announced Tuesday the relocation of its Saco, Maine, facility to a larger site in Gorham, Maine. The move more than doubles IAA’s capacity in the region, according to the company. The KAR Auction Services’ subsidiary’s new Gorham facility is located at 9 Moody Drive and “demonstrates the company’s strategic vision of growth and […] [Read More]

Hertz Global Holdings revealed early this week that it has received a request for additional information from the Federal Trade Commission regarding the proposed acquisition of Dollar Thrifty Automotive Group. Officials noted the request was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. According to the FTC, Hart-Scott-Rodino basically […] [Read More]

In what may prove to be favorable for dealership traffic, Cars.com said Tuesday that now is the time for buyers to find discounted new vehicles. And as dealers make way for 2012 model-year vehicles, Cars.com listed what it has found to be the best deals on 2011 model-year units. “Historically, this is a great time […] [Read More]

Marketing technology company MediaTrac revealed this week its new BeBack Program, a tool which aims to help dealers target potential customers who may not have made a purchase on their last visit to the store. Participating dealerships are asked to choose an incentive value that is then issued in the form of time-restricted, redeemable card […] [Read More]

AutoAlert, a data analytic and lead generation tool provider, announced this week it has received notice from the U.S. Patent and Trademark Office about methods and processes integrated into its software systems. Company officials said patent No. 8,005,752 becomes effective next Tuesday. Last November, AutoAlert received patent No. 7,827,099 for a similar solution and expects […] [Read More]

With eyes on even more expansion, Auction Broadcasting Co., announced Monday it is bringing a seventh location into the company mix. The newest ABC site is located in Columbus, Ga. “I am not only very proud, but also excited and very eager to see our newest addition to the ABC family in Columbus, Ga.,” stated […] [Read More]

Although dealers still continue to battle the inventory shortage, the beginning of this month showed some good news on this front for stores that sell used Big 3 vehicles. Days’ supply of used domestic vehicles came in at 43 as of Aug. 10, up from 41 days’ supply in July, according to CNW Research. “While it is […] [Read More]

As the Hispanic population in the U.S. continues to grow rapidly and becomes even more influential in the auto market, Dealer Services Corp. of Indiana is hoping to reach out increasingly more to these used-car dealers by rolling out a new Spanish version of its corporate website. As reported in Auto Remarketing last year, the […] [Read More]

In Kelley Blue Book’s rankings of car brands with the lowest five-year ownership costs released Monday, two Korean brands, in particular, received some encouraging news. KBB ranked Kia as the top-rated non-luxury brand for lowest total cost of ownership, and Hyundai came in second. The average five-year ownership cost for Kia is $38,884, with Hyundai […] [Read More]