Along with driving an increase of new unique buyers to its member base, Copart announced this week that its Facebook fan base has doubled in size in just three weeks since its Nov. 1 launch. After kicking off a new marketing strategy using social networking as an additional platform to reach new audiences, Copart tested the approach by teaming up […] [Read More]

Bank of America has rolled out a new Web-based resource for consumers to conduct vehicle research, buy used and new cars and obtain financing. Zag, which is part of TrueCar, powers the website. “Bank of America is committed to developing innovative products and services that meet our customers’ changing needs,” noted Ellie Clarke, president of […] [Read More]

Kia franchise dealers now can reach shoppers on eBay more easily thanks to a new deal announced Monday between the automaker and eBay Motors. Kia is the first major OEM to post a unique shopping site on eBay, according to executives. More than 345 Kia dealers have signed up to list their entire new-vehicle inventory online.  From the comfort of their […] [Read More]

Manheim is offering dealers a slew of special online vehicle sales events over the next week, and among the assortment of opportunities for dealers is a five-day “Buy Now” Holiday Online Event Sale from Ford that kicks off Wednesday and runs through Sunday. There will be a preview of the Ford Holiday Weekend Online Event […] [Read More]

Toyota’s request for a Santa Ana, Calif., federal judge to halt the class-action lawsuit involving claims of vehicle-value erosion from unintended acceleration appears likely to be rejected, according to various news reports. In U.S. District Court last week, Judge James Selna issued a temporary ruling indicating that he plans on allowing the plaintiffs’ suits to proceed, […] [Read More]

Although Nov. 30 is considered to be the month’s most ideal day for finding new-vehicle deals, TrueCar.com found that there will be strong discounts on Saturday and Sunday, as well. A year ago, the best day for buying a new vehicle in November was Black Friday, which of course is the day after Thanksgiving. [Read More]

A significant amount of vehicle owners still like to use an alternative GPS device even if factory-installed navigation systems already are in their units. The 2010 J.D. Power and Associates U.S. Navigation Usage and Satisfaction Study revealed 36 percent of owners of factory-installed navigation systems also own a portable navigation device. The study also determined […] [Read More]

Ford believes a winning branding idea will come from its Ford Mustang Facebook community that now consists of more than 940,000 members. The automaker is asking these Facebook fans to submit their thoughts for the best name of new Ford Mustang V6 Performance Package, which is set to roll out for 2012. The campaign runs […] [Read More]

BENTONVILLE, Ark. — In addition to announcing a new credit facility, America's Car-Mart revealed this week that second quarter net income, revenue and retail sales climbed thanks in large part to its customer base growing above 49,000 in the second quarter. The company reported that net income per diluted share climbed from 53 cents to 56 […] [Read More]

WASHINGTON, D.C. — Since so much policy associated with financial reform has yet to be spelled out by federal regulators, the American Bankers Association recently launched a new online resource aimed at keeping members up to date. The association explained the Dodd-Frank Tracker is geared to take many views of the implementation progress for the Dodd-Frank […] [Read More]