LeaseTrader.com revealed Tuesday that 2011 model year leases have broken its record for largest amount of same-year leases to hit the site. This high lease turnover rate can help speed up the automotive sales cycle, also potentially creating more inventory turnover at the dealership level. BMW, Mercedes, Toyota and Cadillac are the top four brands with the […] [Read More]

Automotive Resources International revealed Tuesday that it has opened up a sixth call center in North America, this time adding a location in Houston. ARI’s five other North American call centers are located in Maple Shade, N.J.; Grapevine, Texas; Mississauga, Ontario; Montreal and Mexico City. The opening of the Houston facility comes at a time when […] [Read More]

As one model made the cut for the 21st consecutive year, Car and Driver unveiled its 10Best list for 2012, recognizing what the publication believes are the best vehicles costing below $80,000. Consisting of seven foreign models and three domestic offerings, half of which cost less than $40,000, officials highlighted the BMW 3-Series/M3 Tuesday as […] [Read More]

OneCommand recently announced it’s staff is once again participating in the Salvation Army’s Adopt-a-Family program. Acting as a sponsor of this program for the eighth year in a row, the company hopes “not only to meet, but to exceed the requests made by their designated families in need,” officials noted. Highlighting how the holiday program works, […] [Read More]

In a country still reeling from March’s earthquake and tsunami that killed more than 18,000 people, caused more than $300 billion in damage and sent the global auto industry stumbling, a 14-vehicle crash in Japan on Sunday that law enforcement called a “gathering of narcissists” left damages exceeding $1 million. Though the crash involved no […] [Read More]

AutoNation watched in November new-vehicle sales figure soar 21 percent higher year-over-year as the dealer group reported Monday that it moved 18,692 units last month. Breaking down that total by its operating segments, AutoNation indicated its performance settled as follows: —5,922 for domestic, up 29 percent versus last November. —8,751 for import, up 10 percent […] [Read More]

An estimated 300,000 consumers that put new-car purchases on hold over the summer may be on their way back to the lots, according to Edmunds.com.  And approximately one-third of those very same consumers have already returned to the market, the company noted — causing what it calls a “mini-bubble” of new-car sales that the industry […] [Read More]

Along with his monthly take on the specialty market, Black Book’s Ricky Beggs wondered what last week’s average daily adjustment level meant since it was the highest amount in 13 weeks. Black Book’s editors adjusted 2,437 vehicles daily a week ago, prompting Beggs to ask a question during his weekly online video series, “Beggs on […] [Read More]

General Motors will have new products on hand to debut at next month’s North American International Auto Show in Detroit, the automaker announced on Friday, while also revealing that one of these new model debuts will be the 2013 Cadillac ATS. When asked by Auto Remarketing, a GM spokesperson said the automaker will not be […] [Read More]

In releasing its annual Freshman Vehicle Class list, Kelly Blue Book editors have chosen the top 10 new models they think are worth “getting to know.” Though each year brings all-new and redesigned vehicles, most arrive carrying familiar names — such as the 2012 Toyota Camry — but in this list, KBB editors have focused […] [Read More]