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Deloitte Names TrueCar to its “Technology Fast 500”

SANTA MONICA, Calif. — TrueCar, Inc., the automotive pricing information, data and analysis company headquartered in Santa Monica, today announced it has been listed number 99 on Deloitte’s Technology Fast 500™, a ranking of the fastest
Nov 16, 2012
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Superstorm Sandy’s Impact on the National Automotive Market will be Modest at Best

Analysis and data from two of the Internet’s largest automotive research and shopping sites support premise that national impact may be overstated ATLANTA — The impact of Superstorm Sandy on the national new and used car markets may be mo
Nov 16, 2012
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Total Consumer Debt Fell In Third Quarter, as Americans Remained Cautious

ATLANTA — Across the country, consumers remain cautious about taking on new debt. Overall consumer debt levels fell $256 billion in the third quarter versus the same period a year ago, according to new Credit Trends data released by Equifax (N
Nov 16, 2012
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Wholesale Depreciation Increases in October

According to November’s edition of Guidelines, NADA Used Car Guide’s monthly market update, wholesale depreciation increased in October. Click here to download a PDF of November’s edition of Guidelines NADA Official Used Car Guide Updat
Nov 15, 2012
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VINtek Helps Automotive Lenders Comply with Georgia’s Recently Published Electronic Lien and Title Rules

Georgia publishes ELT rules in accordance with House Bill 865 PHILADELPHIA – VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing, announced it is assisting automotive lender
Nov 15, 2012
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Hertz Obtains FTC Clearance For Dollar Thrifty Acquisition

PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) announced that it has reached an agreement with the U.S. Federal Trade Commission (FTC) allowing Hertz to complete its acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG).
Nov 15, 2012
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Best States to Save Money on Car Insurance

Foster City, CA – Car insurance rates in Ohio are among the nation’s lowest, but a new analysis by CarInsurance.com shows that it’s nonetheless the state where drivers who compare car insurance quotes potentially can save the most money. A revi
Nov 15, 2012
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Chrysler Group LLC Invests $240 Million to Increase Engine Production and Adds 1,250 Jobs at Detroit-area Facilities

Detroit – Chrysler Group LLC announced today that it will invest nearly $240 million to increase engine capacity and add about 1,250 new jobs at several Michigan facilities, reaffirming the Company’s commitment to growing its operations in so
Nov 15, 2012
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ADESA Monthly Analysis: Current Used Vehicle Market Conditions

The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services. As part of the KAR Auction Services fa
Nov 15, 2012