LOS ANGELES, CA – Westlake Financial Services Remarketing Department names their top auctions for 2012. Rawls Auto Auction (Leesville, SC) is named the Eastern Region Auction of the Year, Kansas City Independent Auto Auction (Kansas City, MO) t

Board Announces Quarterly Dividend of $0.19 per Common Share CARMEL, IN – KAR Auction Services, Inc. reported its fourth quarter financial results for the period ended December 31, 2012. For the fourth quarter of 2012, the company reported rev

Sonic Automotive finished rolling out its Sonic Inventory Management System this month and believes that once the company is fully acclimated to using the centralized inventory management tool, monthly per-store used unit sales can eclipse 100, event

Survey results discovered by Ally Financial and KeyBanc Capital Markets  through the recent National Automobile Dealers Association Convention & Expo  reiterated how important the used-vehicle department is to franchised  dealers. In its surve

Kelley Blue Book, the car-pricing guide, has released its 2013 5-Year Cost to Own Awards. Their picks are based on the vehicles’ Kelley Blue Book Fair Purchase Price, expected depreciation, financing, gas, maintenance and insurance costs over the f

Legislation, H.R. 724, was introduced late yesterday in the U.S. House of Representatives that would eliminate a mandate that requires dealers to certify if a new vehicle has an emissions system. Under the Clean Air Act, dealers are required to prese

The best CPO dealers in the USA, according to Auto Remarketing. Dealers have become innovators in pulling in needed used units for their CPO operations; they implemented unique ways to market their certified cars and distinguish them from non-CPO car

ORLANDO, FL – Jonathan Banks, executive automotive analyst with the NADA Used Car Guide, highlighted several factors that will keep used-vehicle prices at historically high levels this year. “Car buyers will find 2013 another excellent year to tr

CAMBRIDGE, MA – CarGurus, the nation’s fastest growing car shopping website, today released a study identifying the most affordable and most expensive U.S. cities in which to buy a used car. Topping the list of deal-friendly destinations is M