DETROIT – The Chevrolet Volt is winning new customers to the brand from the competition with the Toyota Prius topping the list of most traded-in vehicle followed by the Toyota Camry, Honda Civic and BMW 3 Series. “I owned a Prius for six years an

DALLAS — Copart, Inc., a leading online salvage vehicle auction company this week announced it has acquired Diamond Auto Bids and Disposals, a privately-held automotive auction with locations in Calgary and Edmonton, Alberta, Canada. The acquis

NEW YORK — Sirius XM Radio and Audi of America this week announced customers who purchase 2013 model year vehicles equipped with MMI Navigation Plus or MMI Navigation Plus with MMI Touch will receive a 4-year subscription to SiriusXM Traffic,

Presidio recently published its end of year M&A report, which is available at www.presidioautomotive.com and on Dealer magazine’s web site. In it we discuss the current blue sky multiples, as well as the following dealership acquisition trends:

I just got back from my annual pilgrimage to the Concours d’Elegance at Amelia Island. What makes this show so special? Aside from an eclectic collection of prime historical vehicles, some of which are restored to a condition far superior to when t

BOSTON — Only a little more than a month after consumers and neighborhood repairers packed a State House hearing room to urge passage of the Right to Repair legislation, the Massachusetts State Senate late Thursday evening strongly approved the

Auburn Hills, Mich. – On May 15, 2012, Chrysler Group LLC notified the National Highway Transportation Safety Administration that the company will voluntarily recall approximately 67,872 model-year 2010 Jeep Wranglers in the U.S. to replace the

TORRANCE, Calif. – Acura will voluntarily recall 52,615 model-year 2007-2008 TL sedans in the United States to replace the power steering hose. Over time, the power steering hose may deteriorate and develop a fluid leak. Leaking power steering flui

CHICAGO — Polk honored The Timken Company and Aftermarket Auto Parts Alliance, Inc. with the 2012 Polk Inventory Efficiency Award during a ceremony held last week at the Global Automotive Aftermarket Symposium (GAAS) at the Hyatt Regency O̵