IRVINE, Calif. — Values grew in all segments in March, and this trend is expected to continue into the second quarter, particularly on compact and subcompact models, Kelley Blue Book reported Tuesday. Interestingly, while March is generally a strong month for values, KBB discovered that this March's trends exceeded those traditionally seen in the past. Overall, […] [Read More]

DEARBORN, Mich. — Quality improvements, healthier demand for the automaker's new lineup and stronger durability have helped to push up the resale values of one- to five-year-old Ford vehicles 23 percent compared to year-ago figures, the automaker said Tuesday. Moreover, this year-over-year resale value gain for Ford vehicles in the auction market was 4 percentage points stronger […] [Read More]

DETROIT — When General Motors vice chairman Bob Lutz looked back at his near half-century career in a recent interview with AOL Autos, the design guru and longtime industry executive said the vehicle that he is most proud of is the Chevrolet Volt. Lutz — who is retiring from his post at GM on May 1 after […] [Read More]

AUBURN HILLS, Mich. — They specialize in different modes of "transportation," so to speak, but the auto and aerospace sectors might be able to help each other when it comes to technology. At least that's the goal of Chrysler and NASA, which have teamed up for a three-year collaboration that, essentially, allows for technology and resource […] [Read More]

BIRMINGHAM, Ala. — AutoTec has new ally in its battle against unlicensed and illegal vehicle sales, as the National Independent Automobile Dealers Association said recently that it is lending its support to help the company fight curbstoning. AutoTec founded Stop Curbstoning to educate used-vehicle shoppers about the dangers of curbstoning, unite dealers and urge municipalities to crack […] [Read More]

DALLAS — Liquid Motors has launched a new tool that allows dealers to monitor their social media presence across various sites and quickly respond to consumer feedback, whether good or bad. Basically, in using the SocialFuel Monitor product, dealers can punch in keywords or phrases for the program to track. Then the tool notifies the dealership whenever […] [Read More]

WASHINGTON, D.C. — A Wyoming used-vehicle dealer convicted of 11 counts of deception-related felonies was sentenced to more than three years of prison and another three years of supervised release, the Justice Department announced this week. Randy Lee (aka Jimmy Lee) was found guilty of five counts of odometer tampering, five counts of securities fraud related […] [Read More]

WASHINGTON, D.C. — The National Automobile Dealers Association repeated its warning on Monday about the possibility of dealer-assisted financing coming to an end if proposed legislation passes completely through Congress. NADA officials indicated that broad reform to the nation's financial system soon will be considered by the Senate. They stressed that President Barack Obama already has […] [Read More]

SOUTHFIELD, Mich. — Toyota will be staying close to home for its impending legal processes, which saw a major development late last week. The plethora of acceleration-related lawsuits against the automaker will be rolled into one piece of litigation to be heard by a California federal judge in a city not too far from where Toyota […] [Read More]

DETROIT — General Motors executives on Monday chose a former Cadillac and Saab USA executive to fill the role as product marketing director for Buick. John Schwegman, U.S. marketing vice president for Buick GMC, appointed Roger McCormack to the role effective immediately. Most recently, McCormack had been U.S. vehicle marketing director for Cadillac. He had held […] [Read More]