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Honda Recalls CR-V and CR-Z Vehicles

According to The Detroit News, Honda has issued two recalls for two different vehicles. The first recall, the story said, includes about 80,000 2006 Honda CR-V vehicles to replace a switch that may catch fire. The second recall includes the 2011 Hond
Sep 8, 2011

As Customers Rebuild from Hurricane Irene, Ford Credit Offers Financial Relief

DEARBORN, Mich. — Ford Motor Credit Company is offering customers affected by Hurricane Irene in the United States the option to delay some car and truck payments. Ford Credit’s Disaster Relief Program allows qualified customers to delay
Sep 8, 2011

Edmunds.com Launches Inventory Search Tool for Used Car Shoppers and Dealers Nationwide

SANTA MONICA, Calif. — September 8, 2011 — Edmunds.com, the premier online resource for automotive information, has announced the addition of a used car inventory search tool that makes it easier for car buyers to shop for and compare used veh
Sep 8, 2011

U.S. Chevrolet, Buick, GMC and Cadillac Certified Pre-Owned Sales Up in August

Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 26,147 sales of certified pre-owned vehicles, an increase of nearly .5 percent compared to last month, and a one percent increase compared to August 2010. Through the month of August 201
Sep 8, 2011

OPENLANE: Overall U.S. Auction Prices Increased in August

Highlights from the September OPENLANE Market Index report include: for the U.S. market index, overall US auction prices in August increased 2 percentage points from the prior month, and ended 4 percentage points above August 2010. Highlights from th
Sep 8, 2011

ALG: Rental Fleet Penetration Impact on Resale Values

ALG, a subsidiary of DealerTrack, has found through its proprietary modeling and research that high rental fleet penetration levels not only have had a negative impact on residual values, but on perceived quality and brand image as well. According to
Sep 8, 2011

Manheim Used Vehicle Index Falls for Third Straight Month

Manheim Consulting’s monthly auto industry brief reported August 2011 wholesale used vehicle prices decreased when compared with July 2011’s numbers, down 1.7%. The Manheim Used Vehicle Value Index is still up 4.1% (123.7) over August 2010 w
Sep 8, 2011

Military.com Launches New Auto Buying Service Powered by TrueCar

MCLEAN, Va. and SANTA MONICA, Calif. — Buying a car has just gotten much easier for the 10 million registered users of Military.com. The membership organization, which serves active duty personnel in all branches of the U.S. Armed Forces, re
Sep 8, 2011

vAuto Sales Director Teaches The Value of the New Transparent Selling Process

One of the greatest challenges that has occurred in the used vehicle industry is the recognition that a vehicle needs to be priced to sell rather than to negotiate. As dealers have come to this enlightened recognition, they have experienced a great d
Sep 8, 2011