Toyota will recall about 550,000 six-cylinder Toyota and Lexus units throughout the world in response to a potential issue with the crankshaft pulley, a problem that could result in the power steering pump coming loose. Toyota Motor Sales USA issued a statement Wednesday announcing the recall of 420,200 vehicles in the U.S., and told Auto […] [Read More]

Amplicate’s latest social media analytics report revealed online users posted many more positive opinions than negative about Audi, Mercedes-Benz and other luxury brands during the past 12 months. The report found that 85 percent of all opinions on social media about Audi were positive during the past 12 months, while 77 percent of all opinions […] [Read More]

General Motors generated $1.7 billion or $1.03 per fully-diluted share in net income attributable to common stockholders during the third quarter, but Dan Akerson isn’t satisfied. The chairman and chief executive officer acknowledged, “GM delivered a solid quarter thanks to our leadership positions in North America and China where we have grown both sales and […] [Read More]

For the two sisters that own Hare Chevrolet, the passion for their family’s business came later in life. As youths, the women just wanted to escape their hometown. But now, as sixth generation dealers recently taking part in Chevrolet’s Centennial Celebration, the women embrace their family and store heritage. They are in charge of a […] [Read More]

Experian Automotive and Experian Hitwise recently discovered online users have increased their share of overall vehicle make and model searches for the four weeks that ended Oct. 8 as compared to the same time frame two years ago. And the rise is substantial. Analysts say it’s up by 37 percent. Drilling deeper into its findings, […] [Read More]

ADESA thinks one wholesale factor pushed prices higher both month-over-month and year-over-year in October — a greater amount of rental vehicles coming down the lanes. Before economist Tom Kontos explained why, ADESA Analytical Services’ monthly analysis turned up the specific price movements. ADESA found October wholesale used-vehicle prices averaged $9,842 — up 0.9 percent compared […] [Read More]

On Tuesday, Enterprise Holdings began rolling out a QR code campaign across its vehicle fleet to get customers thinking about their next vehicle purchase. The first vehicle brand to get the QR codes is Mazda, but the company confirmed that other automakers, including Toyota (for the Avalon) and Nissan (for the LEAF and NV), will […] [Read More]

Payless Car Sales revealed Tuesday that it has reached a deal with JM&A Group to serve as the administrator of the certified pre-owned program it is rolling out this month. As part of the agreement, JM&A is offering its F&I products to Payless Car Sales dealers, in addition to serving as the administrator of Payless […] [Read More]

Down “severely” in its two biggest markets because of the continuing aftermath of the earthquake earlier this year, Toyota’s global sales fell more than 18 percent during the first half of fiscal 2012, the automaker said Tuesday. [Read More]

Significant year-over-year gains in revenue and income during the third quarter prompted DealerTrack Holdings to raise its 2011 financial performance guidance. This week, DealerTrack revealed its third-quarter revenue came in at $95.8 million as compared to $63.1 million a year earlier. As a result, the company’s third-quarter GAAP net income settled at $5.4 million, up […] [Read More]