CHARLESTON, S.C. — PureCars and Carfax recently entered into a partnership meant to boost the value of a dealer's inventory that's listed on the Web site. The agreement means dealers can give all visitors to PureCars.com free access to Carfax Vehicle History Reports, which they have purchased for their inventory. One dealer shared how this arrangement would be […] [Read More]

ATLANTA — A senior vice president with the American Arbitration Association told Auto Remarketing Tuesday that about 1,550 to 1,560 Chrysler and General Motors dealers are seeking reinstatement via arbitration. The deadline for dealers to file for arbitration was Monday at midnight, and the AAA is acting as administrator for the process.   "It seems to […] [Read More]

CARY, N.C. — The Pre-Owned Automobile Dealers Alliance, a national alliance of dealers and service providers specializing in servicing the pre-owned marketplace, recently added three new Partners to its growing list of industry members.  Black Book, the industry source for timely, independent and accurate vehicle valuation data and Web site-based lead conversion tools; Laser Appraiser, an […] [Read More]

DETROIT — General Motors has struck a deal to sell its Saab brand to Spyker Cars NV, which plans to form a new company named Saab Spyker Automobiles as it moves forward with the Swedish brand. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans […] [Read More]

WESTLAKE VILLAGE, Calif. — Kia is apparently leading the automaker pack when it comes to Web sites. At least this is according to J.D. Power and Associates, which recently tallied the results from the first segment of its regular biannual analysis of manufacturers' home pages. According to J.D. Power's 2010 Manufacturer Web Site Evaluation Study — Wave 1, Kia posted an […] [Read More]

IRVINE, Calif. — During the fourth quarter, new-vehicle shoppers' interest in truck, CUV and SUV segments was the highest it had been in almost three years, according to Kelley Blue Book Market Intelligence's latest Brand Watch Study, which also indicated that domestic brands are gaining more attention from shoppers. The 4Q 2009 Brand Watch Study indicates that during […] [Read More]

INDIANAPOLIS — Manheim Specialty Auctions now has more room to operate at Manheim Indianapolis. Company officials highlighted that now the facility boasts 40,000 square feet of auction space — twice its original size. Manheim said the reason for the expansion was to accommodate strong growth in customer demand in the pre-owned powersports market. To celebrate the broad expansion, Manheim […] [Read More]

FAIRFIELD, Calif. — Copart continues to build upon its sponsorship in professional auto racing, as the company announced recently that it is now the official online vehicle auction of the National Hot Rod Association, something officials said will allow Copart to "expand its exposure." This is just the latest of moves Copart has made in the […] [Read More]

DETROIT — Edward Whitacre Jr. is keeping his post as both chairman and chief executive officer of General Motors, he announced to reporters Monday morning during a press conference at GM's Renaissance Center headquarters in Detroit. He also said that GM will repay its loans from the U.S. Treasury and Canada/Ontario by June at the latest. And while acknowledging […] [Read More]

GAINESVILLE, Ga. — After a bit of softness to begin the year, auction prices finally started to gain some traction in the third week of 2010, according to Black Book's Ricky Beggs, who said a quarter of the value adjustments made in the past week were positive. "The car, light duty truck and SUV markets have […] [Read More]