AutoNation said Wednesday that its retail new-vehicle unit sales during February marked a substantial increase from the year-ago period, as two of its three operating segments posted double-digit gains. Specifically, AutoNation dealers moved 17,041 retail new vehicles in February, a 29-percent hike. The company’s domestic operating segment showed a 40-percent year-over-year improvement, as there were […] [Read More]

During the ongoing Geneva International Motor Show this week, the top three finalists for the World Car of the Year, World Performance Car, World Green Car and World Car Design of the Year awards were announced. Officials reduced an initial entry list of 39 vehicles to the top three contenders for the 2011 World Car […] [Read More]

Members of either the National Automobile Dealers Association or American Truck Dealers now can access six new online courses available through NADA University’s Learning Hub. These interactive training courses touch on critical dealer topics such as cash reporting and management, complying with federal hazardous materials rules, and how to create a more productive workplace. NADA and […] [Read More]

Arguing that consumers have become dulled to rising gas prices because of the 2008 fuel-cost explosion, LeaseTrader.com said it believes drivers will continue to stick with current habits until the price exceeds $4 per gallon. LeaseTrader.com explained that it’s using data and models from 2008 that predict when consumer behavior will turn to action, meaning […] [Read More]

After taking the helm at Manheim in 2000, just after the company’s merger with ADT, Dean Eisner has spent a decade heading up the auction giant. He told Auto Remarketing on Tuesday that though his retirement announcement may have come as a surprise to many in the industry, it is something he’s been looking forward […] [Read More]

On Tuesday, Vincentric rolled out its seventh annual Best Value in America awards, which for the first time included brand value awards. Winning these top honors are Toyota in the passenger car category, Volvo in the luxury vehicles category and GMC in the trucks category. The awards also recognize winners in 38 segment categories. Vincentric determines Best […] [Read More]

As the 2011 Auto Remarketing Canada conference approaches, conference organizers recently announced that they are extending the early registration deadline by one week. In addition, organizers recognized the growing list of sponsors, exhibitors and speakers for the upcoming conference, which is presented by CarProof. [Read More]

Are automakers engaged in a “pricing war” to move new vehicles? Or is leasing on a continued track higher? TrueCar.com and Edmunds.com weighed in on these points while analyzing February new-vehicle sales expectations. TrueCar.com estimated Tuesday that the average transaction price and incentive level connected with February new-vehicle sales moved only slightly from the previous […] [Read More]

Insurance Auto Auctions revealed expansion in the Sunshine State, as the company opened its 10th facility in Florida. The new location is in Fort Pierce and joins more than 155 IAA facilities throughout North America. “Our strategy of growth and expansion reflects our commitment to our customers who want locations in areas that are convenient […] [Read More]

Nissan Americas revealed a few senior leadership changes within the company’s purchasing and corporate planning organizations that will take effect next month, including a new vice president of corporate planning and program management office (PMO). Appointed to that role is Catherine Perez, who is currently vice president of purchasing in the Renault-Nissan purchasing organization (RNPO). […] [Read More]