CARY, N.C. — Can used-vehicle dealers begin to see improved margins now that industry analysts finally are seeing wholesale prices edge downward? The Pre-Owned Automobile Dealers Alliance wants dealers to have the latest guidance available to take advantage of the possibility. An upcoming free Webinar will bring together experts from companies such as Black Book, Manheim and […] [Read More]

CENTREVILLE, Va. — Carfax's vehicle history database reached a new threshold this week. Thanks to more than 34,000 sources, such as state DMVs, service and repair facilities and police departments, the vehicle history information that's housed in the Carfax database now exceeds 8 billion records. The Carfax database is located in Columbia, Mo., where the company was […] [Read More]

WESTCHESTER, Ill. — One of Insurance Auto Auctions' two facilities in South Carolina moved to a new location Tuesday. Company officials indicated the operations in Simpsonville, S.C., which is located near Greenville, now reside on a 20-acre plot at 422 Scuffletown Road. They highlighted the new location offers convenient access to several major interstates and highways. […] [Read More]

TOYOTA CITY, Japan — Toyota officials this week arrived at several recommendations generated by a panel of independent experts to improve quality assurance and related communications activities. The automaker asserted all of the discussion stems from the quality issues that came to light late in 2009 and earlier this year. It's well known how those issues […] [Read More]

DETROIT — Chevrolet has rolled out a shopping app for the iPhone, iPod touch and iPad that lets consumers research any model within the brand's lineup, choose which interior and exterior colors they want and then find that vehicle at a dealership in their area. The Chevrolet Showroom app can be downloaded for free at the […] [Read More]

PALO ALTO, Calif.  — Tesla Motors unveiled its new website that allows visitors to not only make a reservation to purchase a vehicle, but also read about Roadster innovations, view photographs and learn about Tesla's technology, among other features. There are also customer testimonials designed to emphasize what Tesla believes to be the benefits of electric […] [Read More]

CARMEL, Ind. — An industry tipping point ADESA Analytical Services has pored over for several months finally came to be. It's regarding the financing level of retailed used vehicles. The firm shared the latest data from the Federal Reserve Board that indicated used vehicles financed in April had an average retail price of more than $19,400. […] [Read More]

ATLANTA — Steadiness was the name of the game for used-vehicle trends in June, according to AutoTrader.com, which indicated that the leveling of fuel prices and an improved economy has led to a normalcy when it comes to which used vehicles are most popular. In fact, the list of 11 most-viewed used units on AutoTrader.com for June mirrors the […] [Read More]

MONTEREY, Calif. — When it comes to treating shoppers in the right way at the store, the brand whose dealers were rated as the best was Mercedes-Benz, according to the 2010 Pied Piper Prospect Satisfaction Index U.S. Auto Industry Study. The study also discovered that dealers at Big 3 brands have made the biggest strides from […] [Read More]

STAMFORD, Conn. — Wholesale prices were up sequentially again in June, but with pressure from flat pricing on the new-vehicle side of the market, the slope of the month-over-month used-vehicle price gain slowed significantly from what the average monthly upswing had been from January through May, according to RVI Group. Specifically, there was a 15.1-percent year-over-year increase in […] [Read More]