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Deloitte Survey: Gen Y’s Embrace of Hybrid Vehicles May be Auto Market’s Tipping Point

DETROIT — Gen Y’s strong affinity for hybrid vehicles could make it the “generation that leads us away from traditional gasoline-powered vehicles,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte
Jan 20, 2012
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NAAA and NADA Extend AuctionNet Partnership Through 2016

MCLEAN, Va. — The National Automobile Dealers Association (NADA) Used Car Guide and the National Auto Auction Association (NAAA) announced today a new agreement that will extend their AuctionNet partnership through 2016. “We are pleased t
Jan 20, 2012
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Hammer to Fall This Weekend on Unique 2013 Shelby GT500 24-Hour Durability Prototype

DEARBORN, Mich. – Ford is giving muscle car enthusiasts a rare opportunity to bid on the racetrack durability car used to develop the 2013 Shelby GT500 production Mustang. The car will be auctioned at the 41st Annual Barrett-Jackson Collector Car
Jan 20, 2012
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State Auto Insurance Bills Aim to Protect the State’s No-Fault System

MIAMI — Advocates of new legislation aimed at cracking down on dishonest claims and other abuses of Florida’s no-fault private vehicle insurance system are hoping new laws could potentially cause skyrocketing premiums to level out for dri
Jan 20, 2012
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Passtime and Peritus Portfolio Services Form Strategic Alliance

Southlake, Texas– Peritus Portfolio Services, a leading purchaser of open bankruptcy auto secured paper from Auto dealers, Finance companies, Banks, and Credit Unions throughout the United States, recently announced an alliance with PassTime, a
Jan 19, 2012
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ResponseLogix® and Dominion Dealer Solutions® partner to deliver robust lead-management and CRM solution to US automobile dealers

Sunnyvale, Calif – ResponseLogix, Inc., and Dominion Dealer Solutions this week announced a technology partnership that will provide auto dealers using both the ResponseLogix and Dominion Dealer Solutions more than a dozen synchronized function
Jan 19, 2012
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Group 1 Automotive Acquires Volkswagen Dealership In San Antonio, Texas

HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, this week announced the acquisition of Rod East Volkswagen in San Antonio, Texas. The dealership will be renamed Volkswagen of Alamo Heights and is expected to generate $48
Jan 19, 2012
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Edmunds.com: Jeep and Chrysler Paced New Car Registration Growth in 2011

SANTA MONICA, Calif. — New car registrations grew 12 percent last year, according to an analysis by Edmunds.com, the premier online resource for automotive information. Edmunds.com’s research also found that the growth was paced by a Detroit �
Jan 19, 2012
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Chevrolet Achieves Best-Ever Global Sales in 2011

DETROIT – Chevrolet sold 4.76 million vehicles around the world in 2011, setting a global sales record and driving General Motors Co. (NYSE: GM) global sales to more than 9 million vehicles, a 7.6 percent gain compared with 2010. GM gained four-ten
Jan 19, 2012