CHICAGO — Automotive Internet Media announced this week that it has purchased Cartango, a female-oriented automotive shopping site. While terms of the deal were not disclosed, Tony French, president of AIM, did say, "We realized there is a huge female market that is going virtually untapped. There are many sites that cater to men but Cartango is […] [Read More]

SANTA MONICA, Calif. — Though some rival automakers offered special incentives in January to try and lure away "unsettled" Toyota owners and shoppers, these deals only made a "small dent," as overall incentive spending was down 12 percent from a year ago. Specifically, automakers spent an average of $2,382 per vehicle sold on incentives, compared with $2,708 in January […] [Read More]

REDWOOD CITY, Calif. — At the National Automobile Dealer Association Conference & Expo coming up later this month in Orlando, Fla., attending dealers will be offered a slew of exclusive incentives from OPENLANE, which also announced that one of its vice presidents will be presenting a seminar on online auctions during the event. Specifically, the company […] [Read More]

OXFORD, Mass. — Central Mass Auto Auction is hosting a monthlong Grand Re-Opening Celebration throughout February to commemorate its one-year anniversary under new management. There are special events slated throughout the month for employees, sellers and buyers. "CMAA and its dedicated staff and loyal customers have developed a strong, consistent relationship over the years, which allowed […] [Read More]

IRVINE, Calif. — According to Kelley Blue Book's director of vehicle valuation, vehicles that directly compete with the models impacted by Toyota's recall and sales stoppage could benefit from the automaker's troubles. Juan Flores said that some consumers who previously considered buying a Toyota may instead look to competitors. If this occurs, these competing vehicles could […] [Read More]

CARY, N.C. — Dealers in Orlando and Tampa are gearing up to be a part of the Pre-Owned Road Shows, free events that will provide dealers with the latest information, tools and skills for selling more pre-owned units and profiting more in their pre-owned operations.  These special training events, sponsored by the Pre-Owned Auto Dealers Alliance, […] [Read More]

TORRANCE, Calif. — In a statement Monday, Toyota said it is now shipping parts to dealers to reinforce pedals and that dealer training is underway. To fix the eight affected models as quickly as possible, many dealers will work extended hours, with some even staying open 24 hours a day, the automaker said. Automaker officials are […] [Read More]

AUBURN HILLS, Mich. — Chrysler Group positioned new incentives to take advantage of consumer apprehension about Toyota vehicles involved in recalls and sales suspensions. Specifically, Chrysler is offering current Tundra, Tacoma and Sienna owners an additional $1,000 trade-in bonus cash with the purchase or lease of any new Chrysler, Jeep, Dodge car or Ram truck. Furthermore, […] [Read More]

WESTCHESTER, Ill. — Insurance Auto Auctions recently broadened its footprint in the Midwest. The company opened its newest location in Portage, Wis. IAA now has 20 facilities spread throughout this region. Officials explained the newest location in Portage can provide salvage remarketing services, storage and sale capacity to both buying and selling customers.  Executives said they decided […] [Read More]

ATLANTA — Total Resource Auctions recently expanded its network to 72 locations nationwide. The latest one to come on board is Total Resource Auctions New Jersey in Bordentown, N.J.  This latest facility will share its location with Manheim New Jersey. Greg Fodor has been named manager of Total Resources Auctions New Jersey. Officials indicated that the […] [Read More]