More than 225 used-car managers and dealer personnel registered to learn what Black Book’s Rick Beggs and Manheim’s Tom Webb expect to unfold during the fourth quarter. Each wholesale expert made the connection between price and volume trends established two years ago or more and levels seen in the lanes today. In fact, to support […] [Read More]

The National Auto Auction Association has revealed its vice president for the 2011–2012 term, electing ADESA Boston general manager Jack Neshe to the position. Neshe was elected at the association’s annual conference last week in Chicago and joins president Charlotte Pyle and president-elect Paul Lips on the executive board. [Read More]

A new California law signed this week created changes for salvage vehicles that eventually make it onto a dealer’s retail lot. Now any franchised or independent store in California that tries to retail a salvage unit must place a special sticker on the window and include the report from the National Motor Vehicle Title Information […] [Read More]

The notion of someone paying more for a used car than what the same car costs new would likely sound strange to most anyone. Odd as it may be, that apparently is the case for scores of 2011 model-year vehicles on the market, according to NADAguides. The site has spotted 107 models from 2011 whose […] [Read More]

After seeing the penalty the Washington attorney general levied on an independent dealer last week, attorney Tom Hudson said he’s seen an uptick in these cases recently and that the operation “got off relatively lightly.” Hudson stressed dealers can avoid what happened to RGH Marketing and its owner Robert Hubbard Jr., a former manager of […] [Read More]

General Motors and the UAW have come to an agreement. A two-to-one majority of UAW members voted to ratify a new collective bargaining agreement with GM; the vote was 65 percent in favor of the agreement among production workers, and 63 percent in favor among skilled trades workers. This marked the finalization of a tentative […] [Read More]

The production rebound by Toyota Motor Corp. gained even more steam last month as the company reported year-over-year vehicle assembly improvement in Japan and globally for the first time in a year. The company revealed Wednesday that it produced 252,374 units in Japan during August, an 11.9-percent improvement from the same month a year earlier. […] [Read More]

Volkswagen of America announced Wednesday that it plans to open a fifth regional sales office in the Dallas area in an effort to strengthen the company’s relationships with customers and dealers. The company also noted the expansion “will help facilitate future growth and employment opportunities, while better serving the needs of its retail network in […] [Read More]

Honoring six dealerships that it believes exemplify the company’s key core values, used-car extended service contract provider Preferred Warranties Inc. has revealed its third annual Values Awards. Preferred Warranties picked a winning dealer for each of its five core values — integrity, pursuit of excellence, community, service and fun — and also spotlighted an overall […] [Read More]

IronPlanet Motors released a new tool on Wednesday that can help auction buyers determine shipping estimates, enabling them to make more educated buying decisions when they’re bidding in the company’s online sales. [Read More]