WASHINGTON, D.C. — Even after multiple delays, the government is apparently not yet ready to enforce the Red Flags Rule. Another postponement for enforcement was issued on Friday after several members of Congress urged the Federal Trade Commission for yet another delay. [Read More]

CARY, N.C. — Grabbing the most attention among our readers this week on AutoRemarketing.com was a story about the latest development in legislation that has been a hot topic in the auto industry, as of late, especially for dealers. The No. 1 most-read story on our site dealt with the Consumer Protection Agency legislation and how […] [Read More]

STAMFORD, Conn. — Used-vehicle prices continued "at historical highs," in April, and while there are expectations for some slowdown during the second half of the year, the next three years will likely show continued strength in used values, according to RVI Group. The RVI Used Car Price Index was 1.197 in April, which was up 21.6 percent year-over-year and […] [Read More]

SAN DIEGO — After revealing in late May that it would be offering free auto accident reports via mobile devices through the end of June, instaVIN announced Thursday that this special deal is now good until July 31. How does this work? To find out the accident history of a particular vehicle, users can text the […] [Read More]

STUTTGART, Germany and BEIJING — During its first-ever company event for investors and analysts in Beijing late last week, Daimler AG proclaimed strong projections for sustainable profits from operating activities at Mercedes-Benz Cars. Looking toward the rest of this year and beyond, Dieter Zetsche explained how China would be a key growth market for unit sales, […] [Read More]

SANTA MONICA, Calif. — Incentive levels were rather static during June and it looks like the beginning of July won't be very heavy on that front, either, according to Edmunds.com, which released its True Cost of Incentives report on Thursday. Specifically, the average incentive per vehicle sold in June reached $2,661. This marks a 6.9-percent dip from […] [Read More]

AUSTIN, Texas — Chevrolet announced Thursday that it will expand the launch of the Volt into Texas, New York, New Jersey and Connecticut. Ed Whitacre, General Motors chairman and chief executive officer, indicated the company is enhancing the launch due to "intense interest" from Volt customers throughout the country. The Volt's initial launch was originally slated […] [Read More]

HARRISONBURG, Va. — The management team at Manheim Harrisonburg stretched its 40th anniversary festivities over two special events in May as more than 2,000 dealers participated in the lanes and via Manheim Simulcast. On May 19, the auction offered vehicles from AmeriCredit, DriveTime, Wheels, PH&H and Wells Fargo plus dealer consignment. Attending dealers received 40th anniversary […] [Read More]

CINCINNATI — Swapalease.com executives believe continuing price climbs for used vehicles should bode well for transaction traffic at its site and leasing in general. They first mentioned CNW Research data that indicated used-vehicle transaction prices rose almost 7 percent when compared to the same period in 2009. The site then noted price declarations from Black Book […] [Read More]

NEW YORK — Bankrate.com published its weekly look at auto loan rates Wednesday. The group surveys large banks and thrifts to collect the information. According to the group, rates were up across the board. The average rate for a 48-month new-car loan grew by two basis points to 6.97 percent. Meanwhile, the 60-month new-car loan rate […] [Read More]