JEFFERSON CITY, Mo. — A class action lawsuit was recently filed in Missouri federal court claiming that dealers and auction companies are "bearing the financial brunt" of Toyota's recent recalls and stop sales order and deserve to be compensated for the extra costs incurred. The lawsuit, filed by Shawn Foster of Davis, Bethune and Jones in […] [Read More]

FREDERICK, Md. — The National Auto Auction Association recently sent out a zone notification announcement to let members know that there will be an NAAA board of directors meeting next month to vote on redline revisions to the association's by-laws and a regulation requiring active participation of regular members. The meeting will be held at 5 p.m. […] [Read More]

ORLANDO, Fla. — DrivingSales honored a vast array of companies for their services to the auto industry late last week as it rolled out its inaugural Vendor Ratings Awards at the National Automobile Dealers Association Convention and Expo. DrivingSales explained that these awards are intended to measure dealer satisfaction with vendors by allowing dealers to publicly rate […] [Read More]

CARMEL, Ind. — ADESA subsidiary PAR North America recently appointed a new executive sales director. Holding this position and overseeing national accounts in the central region of the U.S. will be Paul Appold. Company executives noted Appold will based out of PAR North America's corporate headquarters. Appold also will team with Susan Gordon, PAR North America's […] [Read More]

FORT LAUDERDALE, Fla. — In a fourth quarter that saw that company's adjusted net income rise substantially, AutoNation said its new-vehicle sales performance sparked an 8-percent increase in quarterly revenue.  Specifically, quarterly GAAP net income from continuing operations was $62 million, down from $73 million a year ago.  However, officials explained that the fourth quarter of 2009 included […] [Read More]

SANTA MONICA, Calif. — In light of the significant deals being offered as part of Presidents' Day Weekend, TrueCar.com listed 17 different new vehicles it spotted as having potential MSRP discounts anywhere from 10 percent to 21 percent.  Leading the way as the most heavily discounted vehicle was the 2010 Nissan Titan, whose price TrueCar.com predicted would […] [Read More]

ORLANDO, Fla. — vAuto has rolled out a new price validation and delivery system that can help dealers show consumers that their prices on specific used units are fair in comparison to their competitors' prices. By utilizing RealDeal, dealers can quote prices and also provide detailed documentation on the price and attributes of models from their […] [Read More]

DAYTON, Ohio — Reynolds and Reynolds and R. L. Polk & Co. last week detailed an agreement for Reynolds to utilize Polk's information and data services. Executives highlighted that the deal includes services for data enhancement, list hygiene and data suppression. They specifically mentioned do-not-call lists as an example. Furthermore, company officials shared that the deal […] [Read More]

BIRMINGHAM, Ala. — AutoTec announced late last week that three additional auctions have become a part of the AuctionACCESS program. Joining AuctionACCESS recently were: —Bay Auto Auction in Bay City Mich. —Greater Rockford Auto Auction in Rockford, Ill. —West Michigan Auto Auction located just outside Grand Rapids, Mich. "We're proud to announce these three new […] [Read More]

MISSISSAUGA, Ontario — Chrysler Financial recently announced its 2009 Platinum Pentastar Award Winners to honor the Canadian auctions that had the top performances this past year in its Canadian Auction Scorecard program, which was introduced in early 2008. The winners were determined based on which auctions — divided into Tier I and Tier II facilities — had […] [Read More]