With free advice on inventory management, sales tactics and more, the upcoming Auto Remarketing Training Series Webinar is geared to give what used-car managers and store personnel need to be successful as the summer selling season ramps up. The next session in the free series is scheduled for 2 p.m. ET on Tuesday. The 90-minute […] [Read More]

Addressing the automaker’s shareholders for the first time since General Motors’ initial public offering, GM top boss Dan Akerson described the Buick Verano and Chevrolet Sonic Z-spec sharing the stage with him Tuesday at Detroit’s Fisher Theatre as being “just the tip of the iceberg” of the company’s product transformation. That metamorphosis, along with the […] [Read More]

Derived from analysis of first-quarter online shopper activity at automaker websites, iPerceptions learned visitors who said they plan to purchase a new vehicle during the next six months rose from 49.5 percent in the fourth quarter of last year to 51.7 percent in first quarter of this year. iPerceptions’ automotive industry report released this week […] [Read More]

A cluster of General Motors franchise dealers in and near Joplin, Mo., recently weathered quite a storm and are continuing to pick up the pieces and do the best they can to support their local community in healing. They recently broke out their checkbooks and more to help the community recover from the single deadliest […] [Read More]

Automotive social media and brand reputation company GOSO announced Tuesday that it will be offering its products to all industries starting this week and will be expanding operations to a second office. The company that was founded in 2008 began piloting some of its Facebook applications last month, but surpassed its expectations by signing up thousands […] [Read More]

For many decades the desire to consistently own a new vehicle has been an American dream. In fact, many years ago, vehicles were built with a limited ownership time almost in mind. Some models would begin to break down after a few years. But in today’s age, used vehicles are taking on even more prominence as quality climbs and consumers look […] [Read More]

Thanks to wholesale prices for highly sought-after, slim-profit margin compact cars moving higher, the Manheim Used Vehicle Value Index just keeps climbing. Yet again, the May reading set a new index record as the level soared to 127.8, representing a 5.6-percent increase from the year-ago level. Manheim pointed out the index now has reached a […] [Read More]

As dealers continue to respond to a used-vehicle supply shortage, LeaseTrader.com announced Tuesday the launch of a program designed to help. The company’s new Lease Rescue program allows dealers to buy out the remaining contracts of near-end leases from drivers interested in escaping before their lease expires. [Read More]

Specializing in collector cars, Barrett-Jackson announced this week that its 2nd annual Orange Country Auction is scheduled for June 24–26 and is set to be even bigger this year. The three-day automotive lifestyle event will return for a second year to the OC Fair & Event Center in Costa Mesa, Calif. To accommodate the Scottsdale, […] [Read More]

Chrysler is giving some of its top North American executives additional responsibilities, the company said Tuesday, as well as announcing a few other appointments within its leadership ranks. President and chief executive officer of the Ram Truck brand Fred Diaz will now also serve as president and CEO for Chrysler de Mexico. This includes duties in Latin […] [Read More]