IRVINE and SANTA MONICA, Calif. — Analysts from Edmunds.com and Kelley Blue Book's Kbb.com found that hefty incentives offered by Toyota are doing more than just help the brand recover from ongoing recall turmoil. Looking at the situation from an industry-wide perspective, Edmunds.com believes that the incentives given out not only by Toyota, but General Motors […] [Read More]

FREDERICK, Md. — In light of the recent General Motors recalls on the Chevy Cobalt and Pontiac G5, the National Auto Auction Association has issued a recommendation for all auctions to immediately stop selling these vehicles. The vehicles covered by the recall are the 2005-2010 Chevrolet Cobalt and 2007-2010 Pontiac G5. NAAA officials stressed that these […] [Read More]

CARY, N.C. — A decision affecting hundreds of franchise dealers nationwide led the way as the top story this week at AutoRemarketing.com. Readers wanted to learn more about the decision by General Motors to send letters of intent to stores slated to be shuttered later this year. Also, an analysis from J.D. Power & Associates about […] [Read More]

REDWOOD CITY, Calif. — So far this year, used-vehicle pricing has largely been stable, and although there was some minor volatility during the middle of the month, prices in all segments finished February "in a steady state," according to the latest OPENLANE Market Report. "Price levels in 2010 have remained steady to date, with February month-average […] [Read More]

PALO ALTO, Calif. — Dealers now have another option when choosing a Web site to promote inventory listings. High Gear Media this week rolled out its plan for a searchable listings platform that's incorporated into its network of automotive content Web sites. High Gear Media officials contend this inventory listing marketplace can push out access to […] [Read More]

WOODCLIFF LAKE, N.J. — BMW of North America unveiled its 2010 Center of Excellence Award recipients on Thursday, honoring its top performing dealerships who were selected for the recognition based on strength in the areas of customer satisfaction, brand representation, operational excellence and profitability. Among the group of 24 recognized dealers, several have won the COE honors […] [Read More]

FREDERICK, Md. — The National Auto Auction Association's 13th annual survey determined that sales of used vehicles totaled 8.9 million units worth $80.5 billion at member auctions last year. Delving deeper into NAAA 2009 data revealed that fleet/lease and repo vehicles represented the largest number of units sold at 47.3 percent. Next were dealer-consigned vehicles at […] [Read More]

AUBURN HILLS, Mich. — Chrysler Group chief executive officer Sergio Marchionne on Wednesday unveiled his choice as the individual who will supervise the reintroduction of the Fiat brand in North America. Taking on the position with a background in both foreign and domestic automakers is Laura Soave. The new executive is charged with the upcoming rollout of […] [Read More]

SALT LAKE CITY — Rejected Chrysler dealers in Utah are one step closer to reclaiming their franchise rights and perhaps recouping some losses after the Motor Vehicle Dealer Franchise Amendments bill was passed by the state's House of Representatives. The bill has now been sent to Gov. Gary Herbert for his signature, according to various news reports. Basically, the […] [Read More]

AUBURN HILLS, Mich. — To drum up some more consumer interest for its Wrangler vehicles, Chrysler's Jeep brand is launching a Tweet-to-Win trivia contest next week. Here's how it is designed to work. Each day from March 15-19, there will be a different Jeep trivia question posted on Jeep's Twitter page at www.twitter.com/jeep. Whoever is first […] [Read More]