On Tuesday, ADESA introduced a national online luxury vehicle exchange that will host its first sale later this month. LVX will include Audi, BMW, Mercedes-Benz and Porsche models and will only be accessible via LiveBlock. The first sale will be 1 p.m. EST on Oct. 27. There is slated to be more than 250 units […] [Read More]

The National Automobile Dealers Association is looking to help dealers avoid consumer confusion after officials from the U.S. Department of Transportation and the National Highway Traffic Safety Administration rolled out an enhanced 5-Star Safety Ratings System for new vehicles. What concerns NADA are the varied results from the first round of model-year 2011 vehicles tested under the […] [Read More]

National Auto Research — parent company of Black Book — says it has a new tool that can instantaneously allow lenders to update the values in their entire vehicle portfolio on a daily basis.  The company’s new software, ValuEngine, accomplishes this task via cloud computing and Microsoft OneClick technology. [Read More]

In commemoration of its first anniversary, CarLocate.com introduced several upgrades to the site earlier this week. As some may know, CarLocate.com is a vehicle search website under the Reynolds and Reynolds Co. that launched last year. As far as the improvements made to the site, officials said there are more featured listings on the vehicle […] [Read More]

Mobile Productivity announced Tuesday that it used a thorough review and extensive dealer feedback to launch a redesigned version of its website. MPi officials emphasized that the revamped tools at www.mpifix.com aim to help dealerships manage the vehicle inspection process better with the MPi World Class Inspection (WCI) system. David Boyle, president and chief operation […] [Read More]

Dealers using the CarSoup.com auto shopping website to sell used vehicles now have a way to foster greater confidence in consumers, which, of course, can lead to more sales. CarSoup.com has struck a deal with Carfax to ensure used-vehicle listings on the site include a link to the specific Carfax Vehicle History Report that is […] [Read More]

Toyota finalized plans for the 10 Years of Prius celebration, an anniversary event that includes several environmentalists, art exhibitors and music performers, as well as the winner of a contest conducted on Facebook. To mark the occasion, the automaker is leveraging the unique date that comes on Sunday — which happens to be 10/10/10 — […] [Read More]

Consumers are buying and leasing based on need more than desire these days. Moreover, they also have become less loyal to specific dealers and brands, according to a recent study by Chrome Systems. These were just some of the many findings of the 2010 Chrome Consumer Survey, a study conducted to track how consumers have changed […] [Read More]

Even against a CARS comparable, AutoNation’s third-quarter retail new-vehicle sales showed a 3-percent year-over-year hike, the company said Monday. Not only that, but the company also revealed that September’s retail new-vehicle sales climbed 35 percent from the year-ago period. Specifically, AutoNation moved 56,340 new retail units during the quarter. For September, it sold 18,040 new […] [Read More]

Toyota Motor Engineering and Manufacturing North America said Monday that it has seen an 80-percent decrease in reports of acceleration-related concerns from customers since April when its SMART evaluation program was rolled out. With these efforts to address acceleration-related issues being so successful, TEMA said its SMART program will be enlarged to tackle other areas of […] [Read More]