As American Honda revealed separate recalls that include more than 85,000 units, the National Highway Traffic Safety Administration reported a BMW recall that could cover more than 200,000 units. The BMW recall includes 3-Series Sedans from the 2002 to 2005 models years, a cluster that could cover more than 241,000 units. But the automaker believes […] [Read More]

Aristocrat Motors and Mercedes-Benz of Kansas City want local children to sleep better. So they are teaming with local charity Sleepyhead Beds to help area children obtain a bed. Both dealerships are set to host bed drives at their locations as well as provide pick-up service for households with beds to donate but do not […] [Read More]

Automakers are being more cautious and strategic in fleet sales of late, realizing that a sales flood of a certain model into the fleet market could water-down used values when these units come back to market, according to ALG. On Friday, the company talked about how OEM strategies for these sales are shifting to a more long-term view. In ALG’s […] [Read More]

With BMW and Mercedes-Benz threatening to dethrone the luxury brand, Lexus cranked up the incentives during August with its eye clearing out 2011 model-year units and “making up some lost ground,” according to Edmunds.com. But how will what Edmunds called a “Hail Mary” play impact resale values for Lexus? [Read More]

Just before departing for Labor Day weekend, Hertz Global Holdings announced it completed the acquisition of Donlen. Officials recapped the acquisition was funded by $177 million in cash proceeds from Hertz and the assumption of $770 million in Donlen fleet debt. The companies stressed Donlen provides Hertz an immediate leadership position in long-term car, truck […] [Read More]

Limited by such factors as the continued challenges from the Japanese earthquake, low consumer confidence and Hurricane Irene hitting the East Coast, import automakers’ new-vehicle sales were essentially static in August, according to the American International Automobile Dealers Association. Despite last month’s flatness, however, AIADA remains confident September will tell a different story for import […] [Read More]

With also gauging how much Hurricane Irene effected the numbers, the chief economist of the National Automobile Dealers Association attributed August’s new-vehicle sales performance to one factor — inventory levels. Paul Taylor believes the amount of vehicles on franchised lots not only swayed last month’s sales, but also likely will be the dominating factor as […] [Read More]

Bob Lutz is back at General Motors. The automaker revealed prior to Labor Day weekend that the auto legend and the OEM’s former vice chairman is going to provide counsel to the senior leadership team of the company GM indicated Lutz will be available to executives on a part-time consultancy basis effective immediately. The company […] [Read More]

Late last week, Vehix released what it considers to be the top used vehicles for teenage drivers that are not only affordable, but are top-notch in terms of safety and reliability. The “8 Great Used Cars for under $10,000 for Teenagers” features only vehicles that met the numerous requirements from Vehix, which included a minimum […] [Read More]

VIENNA, Va. — Prompted by strong growth during the past few months of vehicle loans with similar rates, Navy Federal Credit Union recently lowered its 36-month new auto loan rate to an APR as low as 1.79 percent. Navy Federal indicated that strong auto lending growth during the past several months was driven by its […] [Read More]