FORT LAUDERDALE, Fla. — AutoNation said Wednesday morning that it expects to see an increase in earnings per share and revenue for the first quarter 2010, and also announced that it plans to amend and extend its credit agreement. Moreover, the company unveiled a senior notes offering and announced a debt tender offer. As far as […] [Read More]

DAYTON, Ohio, and SCHAUMBURG, Ill. — Reynolds and Reynolds and Experian Automotive announced this week that AutoCheck Plus vehicle history reports now have been integrated into the POWER dealership management system. Company officials highlighted that now dealership personnel can review AutoCheck Plus Reports from any POWER workstation. They stressed that easy access to vehicle history reports […] [Read More]

NEW YORK — Kia picked up yet another award for one of its 2010 vehicles, the Soul. This time the automaker received the nod during the Nielsen Automotive Advertising Awards for Automotive Ad of the Year. Officials explained that the Nielsen Automotive Advertising Awards are based on results from Nielsen IAG's National Ad Effectiveness Study. The […] [Read More]

WASHINGTON — On Tuesday, U.S. Transportation Secretary Ray LaHood announced that the National Academy of Sciences and NASA will both delve into the issue of unintended acceleration to see if they can find the root of the cause. The total expected cost of the studies? LaHood anticipates it will be $3 million. The National Academy of […] [Read More]

SOUTHFIELD, Mich. — In a recent 15-month period examined by R.L. Polk & Co. analysts found that there were significantly more vehicles scrapped than added to the roads.  The Cash for Clunkers program — which occurred during the period of Polk's study — accounted for "thousands" of the scrapped units, officials said.    More specifically, Polk found during its analysis of […] [Read More]

DETROIT — General Motors has made some shifts in its financial leadership, announcing this week that it has tapped current vice president and treasurer Walter Borst to serve as a vice president and Promark Global Advisors' chief executive officer. He will be taking over for Nancy Everett, who is leaving the company on June 1. Everett — the current […] [Read More]

WESTCHESTER, Ill. — Insurance Auto Auctions introduced an all-new advanced search tool so dealers and bidders can better find vehicles on its site. Executives explained that the tool now can offer hundreds of different search options that can enable buyers to find exactly what they want to bid on and buy faster and easier. Furthermore, IAA […] [Read More]

JACKSONVILLE, Fla. — Vehicle information provider BookItOut recently reached an agreement with Experian Automotive. Dealers who use BookItOut's service now can access AutoCheck vehicle history reports through mobile devices such as the Apple iPhone. BookItOut reiterated that it can offer dealers analysis that compares true-cost vehicle values, market analytics and vehicle history reports. Executives contend that […] [Read More]

PALO ALTO, Calif. — In order to push its deep pool of current automotive content out continuously, High Gear Media on Tuesday announced the launch of individual vehicle Web pages that now update themselves in real time. Company officials explained that they now have hundreds of pages specifically detailing various brands and models across their network of […] [Read More]

PHOENIX and McLEAN, Va. — Skywerks, a provider of dealership management systems software, said Tuesday that it has added NADA Used Car Guide vehicle values into its new iPhone product and soon-to-be-launched Deliverance DMS product. Explaining how the iPhone application works, officials noted that it essentially is a tool to manage NADA vehicle values and doesn't […] [Read More]