ALG revealed the winners of its 12th Annual Residual Value Awards today, and leading the pack, once again, are the Japanese brands. Not only did Japanese makes claim the overall No. 1 brand spots on both the mainstream and luxury sides, but they were represented by 12 of the 19 vehicles that won individual segment awards. Subaru […] [Read More]

TrueCar.com added a new element to its TrueTrends report for November as analysts created a performance scorecard for manufacturers and brands. The site graded each OEM and nameplate on eight different measurements including pricing, sales, incentives, customer loyalty, market share and days in inventory data. Overall, TrueCar.com found that three of the top four manufacturers […] [Read More]

Kelley Blue Book today announced the 2011 model-year vehicles projected to retain the greatest amount of their original prices after five years of ownership and much more. 2011 Best Resale Value: Brand Subaru [Read More]

In addition to switching an executive from Insurance Auto Auctions over to ADESA, KAR Auction Services is taking advantage of local and state tax incentives to expand its headquarters and related work force. This week, president and chief executive officer Jim Hallett revealed the company will create up to 249 new jobs by 2015. While KAR […] [Read More]

About two weeks after rolling out its initial public offering, General Motors has upped the estimated price range of the common stock and also bolstered the size of its preferred stock in the offering. Specifically, the estimate price range for the 365 million shares of common stock that certain stockholders are selling is now $32 […] [Read More]

A recent Rasmussen Reports survey of U.S. adults sought to determine if an American-built vehicle is the top priority for potential buyers. While buying an American-made unit still stands as a high priority, apparently survey participants said finding the best deal tops all factors. Rasmussen found that 44 percent of survey participants said they look for […] [Read More]

The 2011 Motor Trend Car of the Year was revealed Tuesday and earning this year’s recognition was the Chevrolet Volt. Motor Trend unveiled the winner live from General Motors’ wind tunnel in Warren, Mich., through streaming video on the publication’s website. [Read More]

Earlier this week, Chrysler revealed its latest showcase dealership, which is scheduled to open in the first quarter of next year. In addition to selling models from each of the automaker’s brands (including Fiat) and providing vehicle service, Motor Village of Los Angeles will be an avenue for the brands to put new ideas to […] [Read More]

AutoTrader.com on Tuesday highlighted the success of its Purse Powers the Pedal sweepstakes that was designed to raise the visibility of the site’s female-focused vehicle shopping tips. As the site’s first sweepstakes that was primarily promoted via social media pages on Facebook and Twitter, the campaign generated more than 2,600 entries, and officials said 70 […] [Read More]

During last week’s CPO Forum, Charlie Vogelheim, of IntelliChoice.com, announced the top manufacturer-backed certified pre-owned programs. Vogelheim told attendees the nominees for the best “popular” brand included Honda, Hyundai, Mini, Kia and Volkswagen. He then revealed the winner is Mini, which also took home honors for best warranty program. [Read More]