While Hyundai recently halted its vehicle return program that allowed customers to bring a vehicle back if they lost their job, the automaker has apparently stepped up to replace this offering with a new gimmick. It is guaranteeing the trade-in values of their models for months 24 through 48. The Hyundai Assurance Trade-in Value Guarantee […] [Read More]

According to AutoTrader.com, consumers might soon be shifting their buying tastes even more as gas prices continue to gain momentum. Almost two-thirds, or 62 percent, of auto shoppers surveyed in March and April on AutoTrader.com indicated they would consider a more fuel efficient vehicle for their next car if gas prices continue to rise. Industry reports note that […] [Read More]

Greater Kalamazoo Auto Auction is gearing up for today’s 35th anniversary celebration. As part of the festivities, the auction is planning a special sale and events that include giving away $15,000 in cash and prizes.  Don and Harriet DeVries opened up Greater Kalamazoo AA back in 1976. Still independently owned, nine family members are actively […] [Read More]

No matter what might be happening domestically or elsewhere throughout the globe, Dataium discovered Wednesday that its Auto Shopper Intensity Index has now made four straight months of gains. However, firm analysts pointed out that the rise of the ASI Index slowed both in February and the first part of March. They figure the climb was […] [Read More]

After another firm recently gave dealers a glimpse of trends in the Hispanic market, on Wednesday Polk rolled out analysis showing new-vehicle registrations among Asian-Americans grew at a faster pace than the overall market last year. Polk discovered 2010 new-vehicle registrations among Asian-Americans grew 10.4 percent above 2009’s total and accounted for 438,430 vehicles, signaling a slight […] [Read More]

On Wednesday at the New York International Auto Show, Nissan Americas announced it plans to push its localized production mix in the Americas from 69 percent to more than 85 percent by 2015. In total, the changes will increase Nissan’s production in the Americas by more than 50 percent — from 1.1 million units in […] [Read More]

In an effort to better contend against competitors such as Zipcar that recently made an initial public offering, Hertz expanded its global vehicle sharing club Wednesday. Officials highlighted the expansion of Connect by Hertz, which includes a significantly increased number of locations where members can pick up or drop off their vehicle. The program can […] [Read More]

CHARLOTTE, N.C. — American Honda Finance Corp. celebrated the groundbreaking earlier this week for its new North Carolina regional office. The company indicated its new facility, consisting of 25,000 square feet, will support its growing family of customers in North Carolina, South Carolina, Maryland, Tennessee, Virginia and West Virginia. AHFC intends to lease the space […] [Read More]

PORTLAND, Ore. — In addition to moving its store in Arlington, Texas, CarHop announced the grand opening of a new store in Portland, Ore.  This is CarHop's 46th store to open nationwide in its 15-year history. CarHop has now opened stores in 12 states across the U.S. The Portland location will allow CarHop to further pursue its mission […] [Read More]

RANCHO SANTA MARGARITA, Calif. — Finance Express recently entered into a pair of contracts with dealer solution providers to activate more than 11,000 additional dealers on its lender portal. The two companies now associated with Finance Express are Wayne Reaves Software and Frazer Computing. David Huber, president of Finance Express, highlighted, "With these two new […] [Read More]