With Labor Day passing this past Monday, Black Book’s Ricky Beggs opted to take wider look at the wholesale market. Instead of examining just last week. Beggs reviewed activity from Aug. 1 through Sept. 1. “The used market is continuing to adjust. This is especially true for the one- and two-year old used models, making […] [Read More]

The National Vehicle Leasing Association established the date and location for its next annual conference. The event will be held from May 16-18, 2012 at the Renaissance Worthington Hotel in Fort Worth, Texas. NVLA explained the conference brings together the vehicle leasing industry for education, networking and an opportunity to meet with exhibitors who have […] [Read More]

On Wednesday, Chrysler Group announced that it has added two new members to its board of independent directors, effective immediately. The automaker also revealed the elected board chairman is Sergio Marchionne. The new board additions are Léo Houle and John Lanaway. The new directors replace C. Robert Kidder, George F.J. Gosbee and Scott Stuart, who have […] [Read More]

Almost 100 years after General Motors co-founder William Durant debuted the logo, the Chevrolet bowtie is perhaps the most identifiable mark in GM’s bevy of brands. Thing is, it seems there is no real consensus as to what inspired Durant to create the logo in the first place. Was it hotel room wallpaper? Was it […] [Read More]

BookItOut recently launched its new website — a platform aimed to offer dealers valuable tools to increase sales for a smaller investment than the competition. Site officials highlighted their application is completely device agnostic with no hardware or sync requirements, providing dealers access to their inventory and valuable market insight from any Web capable device. […] [Read More]

Car and Driver magazine has entered the social-media gaming foray by teaming up with Cie Games’ “Car Town” on Facebook. Under the partnership — which launches this week and runs into next year — the publication is being integrated into the game. As such, new-car releases and announcements will be displayed within the game, showing up as […] [Read More]

GARDEN CITY, N.Y. — This week, Chase Auto Finance reached loan program agreements with a pair of nameplates — securing arrangements with Fiat and Subaru. Chase expanded its availability to Fiat dealers after the bank began to offer a new consumer financing program to Chrysler, Jeep, Dodge and Ram Truck dealers last month. Officials explained […] [Read More]

TUSTIN, Calif. — With legal regulations often changing and potential dealer pitfalls numerous, Auto Advisory Services announced the availability of a resource guide and subscription service meant to provide dealers and their advisors with access to comprehensive legal information. Going well beyond compliance regulations, the attorneys who compiled Auto Dealer Law, the Definitive Legal Guide […] [Read More]

McLEAN, Va. and SANTA MONICA, Calif. — Military.com, the membership organization that serves active duty personnel in all branches of the U.S. Armed Forces, reservists, guard members, retirees, veterans, family members and defense workers, is now working with TrueCar. The arrangement is geared to provide Military.com members with competitive pricing and a hassle-free online vehicle […] [Read More]

WASHINGTON, D.C. — The Consumer Financial Protection Bureau announced Wednesday it is seeking input on financial products and services, including auto loans, geared for service members and their families. Also, the nominee to lead the bureau recently made his opening address to the Senate Committee on Banking Housing and Urban Affairs. Before learning more about what […] [Read More]