SANTA MONICA, Calif. — Edmunds.com picked a vehicle in total of 14 different segments for a list the site dubbed the Used Car Best Bets for 2010. Toyota had the most selections as analysts went with the Camry in the midsize sedan segment, the Tacoma in the compact truck division and the Prius among hybrids. Honda […] [Read More]

TULSA, Okla. — Dollar Thrifty Automotive Group announced Friday that its Thrifty Car Sales operation has opened several new stores that expands its presence in Washington, Pennsylvania, Kentucky, West Virginia, Ohio and Florida. Specifically, these new locations include stores in Pasco, Wash.; Hollidaysburg, Pa.; Coopersburg, Pa.; Bowling Green, Ky.; Hurricane, W.Va.; Lexington, Ky.; New Carlisle, Ohio […] [Read More]

DULUTH, Ga. — Asbury Automotive Group recently revealed the companies it chose to handle technology needs of 80 dealerships following an extensive IT strategic review. In order to deploy a common dealer management system, Asbury executives decided to go with Dealer Services Group of Automatic Data Processing. Additionally, Asbury's management highlighted a partnership with DealerTrack Holdings. […] [Read More]

IRVINE, Calif. — In offering a potential explanation for why a quartet of Chrysler Group vehicles made the top five list for shopping activity growth on Kelley Blue Book's Kbb.com, site editors invoked a bit of Beatles-related humor in this week's Hot Car Report. "When (John) Lennon and (Paul) McCartney wrote the lyric 'Money can't buy me love,' they proved […] [Read More]

McLEAN, Va. — The reach of NADA University on-site seminars has been extended, as the Automotive Partners Building at Cerritos College in Long Beach, Calif., will now serve as the home of the workshops for the West Coast. Meanwhile, NADA University's on-site seminars for the East Coast still will be held at the NADA Academy in McLean, […] [Read More]

MISSISSAUGA, Ontario — Reynolds and Reynolds Canada is rolling out new documents designed to aid Ontario dealers in complying with the new Harmonized Sales Tax laws. These documents, which are newly designed, will be marketed under Reynolds' LAW brand name. Their purpose is to help Canadian dealers more easily and efficiently adhere to guidelines governing F&I […] [Read More]

TORONTO, Ontario — The leader of Fuji Heavy Industries revealed this week that Subaru Canada has a new chairman, president and chief executive officer who will take on the positions held by Katsuhiro Yokoyama. Yokoyama has been in this role since 2005. Appointed to the division's top post was Shiro Ohta, who started with Subaru's parent […] [Read More]

ST-EUSTACHE, Quebec — Manheim Montreal recently celebrated earning several awards at the Sixth Annual Monarch Gala for Business Entrepreneurship Recognition, which was hosted by the St-Eustache, Deux-Montagnes and St Marthe for the Lake Chamber of Commerce. Taking home the top honor of Business of the Year, the facility was recognized at the recent event, which spotlights companies for how they […] [Read More]

DALLAS — Santander Consumer USA is quickly ramping up its market penetration in the U.S., especially in used-vehicle auto loans. In addition to originations, the company has been quietly buying up auto loan portfolios and making servicing deals and origination deals with such companies as Chrysler, Triad Financial, CarMax, HSBC and in the most recent multibillion-dollar […] [Read More]

DETROIT — While rumors have recently circulated that General Motors is considering taking back a majority stake in GMAC, that no longer appears to be the case. Auto Remarketing confirmed Thursday that the automaker is looking to strike new lender relationships to drive sales and help dealers and apparently, Chase and Wells Fargo are two key […] [Read More]