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Deloitte Consumer Spending Index Falls in November
NEW YORK — The Deloitte Consumer Spending Index (Index) slid again in November, weighed down primarily by the housing market. The Index tracks consumer cash flow as an indicator of future consumer spending. “A high number of foreclosed
Dec 19, 2011
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115 winners of 2012 Top Safety Pick Stronger roofs lead to another record year for award
ARLINGTON, VA — The list of winners of the Insurance Institute for Highway Safety’s Top Safety Pick award is longer than ever this year, with vehicles in nearly every size category the Institute evaluates earning accolades. From minicars to s
Dec 19, 2011
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Car Batteries Recycled by 98% of Automotive Aftermarket Companies
BETHESDA, Md. — A car battery can lead a long and productive life, but sooner or later, this important part of the vehicle’s starting and charging system will need to be replaced. When the time comes to say goodbye to your car battery, r
Dec 19, 2011
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Small Number of Vehicles Recalled
An improperly stitched side curtain air bag in the 2012 Audi A6 is causing Volkswagen to recall a little over 300 vehicles, the National Highway Traffic Safety Administration’s website said. The seam in the air bags, the website said, may not be st
Dec 19, 2011
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Microsoft and Nissan Establish Strategic Relationship for Next-Generation Dealer Management System
Microsoft Corp. (Nasdaq “MSFT”) and Nissan Motor Co. Ltd. announced a strategic relationship to collaborate and create a next-generation dealer management system based on Microsoft Dynamics CRM. Using the powerful foundation of Microsoft
Dec 16, 2011
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UsedCars.com by Dealix Launches New Retail Features
Hoffman Estates, Ill. — The Dealer Services Group of Automatic Data Processing, Inc. announced that its Dealix (http://www.dealix.com) business unit has expanded its UsedCars.com (http://www.usedcars.com) website with vehicle videos and deale
Dec 16, 2011
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CarWoo! Fuels Continued Growth with $6M in New Funding
BURLINGAME, Calif. — CarWoo! announces the closing of a $6M funding round, bringing total funding to over $12M. With the funding, CarWoo! is adding industry veterans Rudi Thun, formerly General Manager of AOL Autos, and Phil Yeh, previously f
Dec 16, 2011
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Blue Book Market Report: Off Rental-fleet Vehicles Appreciated Most Year-to-date
IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, reports that vehicles typically found in high volume within rental fleet have appreciated most since the start of the year, as covered in t
Dec 16, 2011
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Survey: Quality Remains Top Factor Over Price for Car Buyers
RICHMOND, Va.– Quality continues to be the most influential factor for car buyers the second year running, with more than double the amount of respondents choosing it over price, according to a recent telephone survey conducted for CarMax, Inc.
Dec 16, 2011