The surge in new-vehicle sales dealers enjoyed during Labor Day weekend apparently isn't sustaining as September rolls along. Edmunds.com analysts believe the current pace of sales could leave the SAAR for this month at 11.3 million. They said that rate is assuming slightly lower fleet sale volume than August. "New-car sales for the three-day weekend […] [Read More]

A regular feature long-time readers of AutoRemarketing.com have come to expect led the way in interest this past week as the site reported automakers' monthly certified pre-owned sales performances. Also catching readers' attention was news about Cox picking a new director of vehicle operations. The top five stories from AutoRemarketing.com this week are: 1. Year-to-Date […] [Read More]

Five automakers earned recognition this week as one of the top 100 brands worldwide when brand consultant Interbrand unveiled its annual honorees as the Best Global Brands. OEMs stacking up well against technology, food and other luxury-product companies were Toyota, picked at No. 11, Mercedes-Benz, which came in No. 12, and BMW, which was ranked […] [Read More]

When it comes to possible discounts on MSRP, TrueCar.com said Thursday that the leaders of the pack are still 2010 model-year Big 3 makes and models.  For the 2010 model-year, the heaviest price-reduction are being offered on Chevrolet models (16 percent discount), followed by Ford (14 percent) and Chrysler (12 percent) brands, TrueCar.com said in […] [Read More]

Hertz is planning to roll out a private offering of senior notes totaling $300 million, the proceeds of which may be put toward the acquisition of Dollar Thrifty Automotive Group, it was revealed Thursday. The notes will be due in 2018. Officials said the offering will not be subject to the Securities Act of 1933’s […] [Read More]

While the National Auto Auction Association named its Exhibitor of the Year and another executive to its Hall of Fame, the president-elect and newly elected vice president discussed their goals for the coming year. As Charlotte Pyle holds the role as president-elect, waiting in the wings as the new vice president is Paul Lips, the […] [Read More]

Northwood University's DeVos Graduate School of Management will soon roll out what it says is the first MBA program geared toward the automotive field and has already begun taking applications.  The DeVos MBA for Automotive Professionals program starts in January and will offer emerging leaders in the dealership, aftermarket manufacturing and distribution fields the chance […] [Read More]

The Reynolds and Reynolds Co. revealed Wednesday it is offering all North American Scion dealers two more website themes. Officials said because of these new themes, Scion dealerships can revamp their sites in a modern style "consistent with Scion branding." [Read More]

When it comes to what they consider their "dream cars," it appears that shoppers still gravitate toward the high-end luxury and sports cars, according to Cars.com, which put out a list of top 10 dream cars earlier this week based on trends found throughout the site. The No. 1 ride on the list was the […] [Read More]

Toyota detailed its latest scholarship contributions to the Marine Corps Scholarship Foundation, a program to provide assistance to the sons and daughters of Marine Corps parents who have been killed or wounded in combat or have demonstrated financial need. On Wednesday, the automaker presented 16 scholarships that represent the 12 Toyota regional sales offices and […] [Read More]